Flat 6 Melvyn House Cradley Road

    FLAT 6 MELVYN HOUSE, CRADLEY ROAD, NETHERTON, DUDLEY, DY2 9RJ

    This flat/maisonette leasehold property on Cradley Road last sold in September 2004 for £49,950. Based on price growth in the DY2 district since then, its estimated current value is £78,779 — placing it in the 1st percentile nationally and the 3rd percentile within DY2. The property covers 25 m² (269 sq ft), giving an estimated value of £3,151 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    269 sq ft

    25 m²

    Last Sale Price

    £49,950

    Sept 2004

    Estimated Valuation

    £78,779

    Est. £/sq ft

    £293/sq ft

    £3,151/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area269 sq ft (25 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 Sept 2004

    £49,950

    30 Apr 1999

    £13,500

    Key Metrics

    Estimated valuation£78,779
    Value per sq ft / m²£293/sq ft (£3,151/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DY2 district percentile3rd percentile
    National percentile1st percentile

    District Context — DY2

    DY2 covers Dudley and surrounding areas in the West Midlands, sitting on the edge of the Black Country conurbation. It is a predominantly working-class district with a strong manufacturing heritage and solid community roots.

    Average Property Price - DY2

    £197,830

    11

    National percentile

    Average Net Household Income - DY2

    £31,576

    12

    National percentile

    10-Year Annualised Price Growth - DY2

    5.6%

    94

    National percentile

    10-Year Annualised Rent Growth - DY

    4.3%

    73

    National percentile

    View full analysis for DY2

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