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1 Park Road is a residential building situated on Park Road, Stourbridge, DY8 with 2 addresses.
It ranks as the 12th largest and 498th most expensive of the 691 buildings in the DY8 area.
The building contains a total of 2 properties: 2 flats.
1 Park Road is a residential building situated on Park Road, Stourbridge, DY8 with 2 addresses.
It ranks as the 12th largest and 498th most expensive of the 691 buildings in the DY8 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £154,230 for 2 bedroom leasehold flats (624 ft2) to £165,953 for 2 bedroom leasehold flats with a garden (728 ft2) .
Monthly rental prices range from £669 pcm for 2 bed flats to £704 pcm for 2 bed flats.
The gross rental yield is between 5.1% and 5.2%.
The average value per square foot is £238.
The last sale in 1 Park Road sold for £155,000 on 5th October 2023. Since then prices are up an average of 1.5%.
The current average value in the building is £160,092.
The 1 Park Road Sales Market has increased by 31.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.7% | £160,092 |
| May 2025 | 2.3% | £162,868 |
| May 2024 | 1% | £159,210 |
| May 2023 | -0.3% | £157,684 |
| May 2022 | 9.3% | £158,193 |
| May 2021 | 5% | £144,745 |
| May 2020 | 2.7% | £137,829 |
| May 2019 | 3.2% | £134,150 |
| May 2018 | 3.5% | £129,953 |
| May 2017 | 3.3% | £125,562 |
| May 2016 | 3% | £121,551 |
| May 2015 | 5.5% | £117,969 |
| May 2014 | 2.1% | £111,862 |
| May 2013 | 0.4% | £109,541 |
| May 2012 | -2.4% | £109,129 |
| May 2011 | -4% | £111,761 |
| May 2010 | 3.5% | £116,391 |
| May 2009 | -11.2% | £112,448 |
| May 2008 | -0.3% | £126,574 |
| May 2007 | 0% | £126,914 |
The current average rental value in the building is £687.
The 1 Park Road Rental Market has increased by 44.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £687pcm |
| May 2025 | 7.5% | £674pcm |
| May 2024 | 7.9% | £627pcm |
| May 2023 | 5.1% | £581pcm |
| May 2022 | 5.9% | £552pcm |
| May 2021 | 4.5% | £522pcm |
| May 2020 | 3.7% | £499pcm |
| May 2019 | 1.1% | £482pcm |
| May 2018 | -0.9% | £476pcm |
| May 2017 | 1.3% | £481pcm |
| May 2016 | 1.5% | £474pcm |
| May 2015 | 1.3% | £467pcm |
| May 2014 | 2.1% | £461pcm |
| May 2013 | -1.8% | £452pcm |
| May 2012 | 0% | £460pcm |
| May 2011 | 2.4% | £460pcm |
| May 2010 | 2.4% | £449pcm |
| May 2009 | -8.7% | £439pcm |
| May 2008 | 2.9% | £481pcm |
| May 2007 | 0% | £467pcm |
The last sale was on 5th October 2023 for £155,000 and since then the market in the area has increased by 1.5%. The building has had a total of 7 sales since 1995.
1, Park Road, Stourbridge, DY8 3RS has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 1, Park Road, Stourbridge, DY8 3RS is Stourbridge Town station which is 1.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Park Road, Stourbridge, DY8 3RS, 52.3% of property is privately owned outright and 42.1% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Park Road, Stourbridge, DY8 3RS, 16.3% of residents are recorded as possessing school level qualifications and 44.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Park Road, Stourbridge, DY8 3RS, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Park Road, Stourbridge, DY8 3RS, 1.2% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Park Road, Stourbridge, DY8 3RS, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.