Area to live or rent. Thank you
Is B64 area safe & good to invest? Thank you.
Asked on Aug 8 2013,
Renting in Cradley Heath |
In terms of how safe the area is, you can find out the latest crime statistics from having a look at the website police.uk, on which you will be able to see the very latest figures - I have attached the relevant page to the bottom of this question.
As you will see from this page, the rate of crime in the area has been falling quite significantly in each of the last two years, and this has brought it largely in line with the national average at the moment.
Compared to other areas of the same size as that you specified, the level of crime here is broadly average, however it is below mean levels seen across the West Midlands force.
With regards to your question on investment, taking into account the average house price in the area and the mean asking value for rent, the rental yield currently sits at around five per cent, which makes for a decent level of income.
Web reference: http://www.police.uk/overview/?q=West+Midlands+B64%2C+UK
Answered on Aug 12 2013,
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