Flat 5, Melvyn House Cradley Road, Netherton, Dudley, DY2 9RJ is a leasehold flat built between 1983-1990. The property offers approximately 334 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £45,024 , which equates to approximately £135 per square foot. It was last sold on 28 Aug 2020 for £37,000. Since then, the value has increased by £8,024, representing a 21.7% increase, or approximately 4.1% per year.

The current estimated value of £45,024 is:

  • 75.4% lower than the average property price on Cradley Road
  • 33.1% lower than the average in the DY2 9RJ postcode area
  • and 80.8% lower than the average price for Dudley as a whole

At the most recent EPC inspection on 8 September 2016, the property was recorded as owner-occupied.

View sold house prices in DY2 9RJ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
334 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£45,024
Price Per sq ft (estimate)
£135
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Melvyn House Cradley Road, Netherton, Dudley, West Midlands, DY2 9RJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Sep 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial double glazing.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Partial double glazing
Average
Lighting
No low energy lighting
Very Poor

Compared to DY2 9RJ

24 th / 24
Price Rank
33% lower than average
2 nd / 22
Size Rank
11% bigger than average
22 nd / 22
Price Per Sq FT Rank
40% lower than average

Compared to other properties in DY2 9RJ , this flat's estimated value ranks 24th out of 24. Based on price per square foot, it ranks 22th out of 22 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 22 properties in its postcode area.

Sale History

Today
£45,024
streetscan.co.uk estimate
+22 %
28 Aug 2020
£37,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 287 sq ft
sale price: £45,000
sale date: 19 Dec 2013

Data Sources

The property at Flat 5, Melvyn House Cradley Road, Netherton, Dudley, West Midlands, DY2 9RJ appears once in the Land Registry records, with the transaction recorded on 28 Aug 2020. It also has a single Energy Performance Certificate (EPC) from 8 Sep 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.