Flat 7 Melvyn House Cradley Road

    FLAT 7 MELVYN HOUSE, CRADLEY ROAD, NETHERTON, DUDLEY, DY2 9RJ

    This flat/maisonette leasehold property on Cradley Road last sold in May 2003 for £32,000. Based on price growth in the DY2 district since then, its estimated current value is £60,387 — placing it in the 0th percentile nationally and the 1st percentile within DY2. The property covers 23 m² (248 sq ft), giving an estimated value of £2,626 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    248 sq ft

    23 m²

    Last Sale Price

    £32,000

    May 2003

    Estimated Valuation

    £60,387

    Est. £/sq ft

    £244/sq ft

    £2,626/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area248 sq ft (23 m²)
    EPC dateDec 2018
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    6 May 2003

    £32,000

    4 Sept 2001

    £23,995

    17 Oct 1996

    £21,000

    Key Metrics

    Estimated valuation£60,387
    Value per sq ft / m²£244/sq ft (£2,626/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DY2 district percentile1st percentile
    National percentile0th 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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