According to the public record, 84, Lawrence Lane, Cradley Heath is a mid-century freehold house and with 1,410 ft2 of internal area and sits on a 239 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lawrence Lane, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
84, Lawrence Lane, Cradley Heath has 21 entries in the Land Registry database, most recently in April 2022 and no records in the EPC database.
We combine this information with that 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 84 Lawrence Lane Cradley Heath as £226,937 and the rental value as £1,038 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 84 Lawrence Lane Cradley Heath has increased by £12,211 (5.4%) and its rental value has increased by £41 per month (3.9%).
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 84, Lawrence Lane, Cradley Heath is in very good condition we estimate a sale value of £238,284 and rental value of £1,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,052 and a rental value of £965 per month.
If you were able to purchase this property for the estimated value of £226,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,115 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 data from HM Land Registry, 84, Lawrence Lane, Cradley Heath sits on a plot of 239m2.
We have plot size data on 7 out of 17 other houses in the postcode and 84, Lawrence Lane, Cradley Heath sits on the 6th largest plot.
According to HM Land Registry, 84, Lawrence Lane, Cradley Heath was last sold on 04 Apr 2022 for £225,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 84, Lawrence Lane, Cradley Heath within a radius of 165m over the last 2 years.
The most recent example is 21, Trinity Street, Cradley Heath, B64 6HS, a Freehold house which sold for £230,000 in Aug 2023.
Read more about house prices in B64.
Lawrence Lane, Cradley Heath, B64 has a total of 120 addresses. According to our analysis of all the public data, 84, Lawrence Lane, Cradley Heath is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £77 less expensive than the average property in B64.
84, Lawrence Lane, Cradley Heath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2021.
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 84, Lawrence Lane, Cradley Heath is Old Hill station which is 1.2 km 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 84, Lawrence Lane, Cradley Heath, 42.4% of property is socially rented and 28.0% is privately owned outright.
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 84, Lawrence Lane, Cradley Heath, 18.9% of residents are recorded as possessing school level qualifications and 13.2% 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 84, Lawrence Lane, Cradley Heath, the average age was 39.1 and the most common age was 52.
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 84, Lawrence Lane, Cradley Heath, 0.0% 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 84, Lawrence Lane, Cradley Heath, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.