According to the public record, 45, Wycherley Way, Cradley Heath is a modern apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wycherley Way, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
45, Wycherley Way, Cradley Heath has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 45 Wycherley Way Cradley Heath as £115,842 and the rental value as £665 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 45 Wycherley Way Cradley Heath has increased by £5,140 (4.4%) and its rental value has increased by £20 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 45, Wycherley Way, Cradley Heath is in very good condition we estimate a sale value of £121,635 and rental value of £698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,733 and a rental value of £618 per month.
If you were able to purchase this property for the estimated value of £115,842, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £569 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 45, Wycherley Way, Cradley Heath was last sold on 24 Aug 2004 for £93,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Wycherley Way, Cradley Heath within a radius of 470 metres over the last 2 years.
The most recent example is 77, Wycherley Way, Cradley Heath, B64 6DA, a Leasehold flat which sold for £115,000 in Jul 2023.
Read more about house prices in B64.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wycherley Way, Cradley Heath, B64 has a total of 53 addresses. According to our analysis of all the public data, 45, Wycherley Way, Cradley Heath is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in B64.
45, Wycherley Way, Cradley Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 45, Wycherley Way, Cradley Heath is Old Hill station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, Wycherley Way, Cradley Heath, 44.2% of property is privately rented and 39.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 45, Wycherley Way, Cradley Heath, 17.3% of residents are recorded as possessing school level qualifications and 35.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 45, Wycherley Way, Cradley Heath, the average age was 38.8 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 45, Wycherley Way, Cradley Heath, 1.5% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 45, Wycherley Way, Cradley Heath, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.