Property investment stats for Cradley Heath, West Midlands

• Rental yields are attractive, with the area offering average rental yields of 5.2% and the top postcode district delivering 5.3%.
• The market remains accessible, with a median sale price for a three-bedroom house at £249,975 and a two-bedroom flat at £145,000.
• Families and young adults are well represented, as shown by the area’s high percentiles for both families and residents aged 20-40, which bodes well for sustained rental demand.

• The unemployment rate sits in the 89th percentile, which is much higher than most areas and could affect tenants’ ability to pay rent.
• The degree-educated and professional population is in the lower percentiles, which may limit future price growth and rental uplift compared with more affluent areas.
• Social housing is in the 87th percentile, so investors should be aware of the local mix and potential impact on neighbourhood dynamics.

Looking ahead, Cradley Heath’s property market appears stable, with no signs of overheating. The annualised growth over three years at 3.3% is steady and suggests the area is not prone to sharp booms or busts.

Buyers can expect modest price movement, with a median discount of £3,000 (the typical achieved discount) indicating that there is some room for negotiation, but homes are generally selling within a reasonable range of asking prices. Rental prospects remain positive due to the area’s strong average yield of 5.2% and a tenant base that includes families and younger adults.

Overall, this is a market for patient investors who value stability and reliable income rather than rapid capital gains.