127, Balmoral Road
127, Balmoral Road
Description & Estimates
127, Balmoral Road, Stourbridge is recorded publicly as a mid-century leasehold house across 979 ft2 of internal area, sitting on a 352 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 127, Balmoral Road, Stourbridge is £280,426 and its rental estimate is £1,102 per month, given the available information and assuming reasonable condition.
Balmoral Road, Stourbridge, DY8 falls within the DY8 postal district, in the borough of Dudley.
Our Data Sources
127, Balmoral Road, Stourbridge has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 127, Balmoral Road, Stourbridge, we estimate a market value of £294,447 and a rental value of £1,157 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £260,796 and £1,025 per month respectively.
Recent Market Change
Over the last year, 127, Balmoral Road, Stourbridge has seen its estimated sale value climb by £1,586 (0.6%) and its estimated rental value rise by £36 per month (3.3%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 127, Balmoral Road, Stourbridge as measuring 352 m2.
That makes it the 3rd largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
127, Balmoral Road, Stourbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 127, Balmoral Road, Stourbridge completed on 29th March 2018 at £169,950 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 38.9% over the period since March 2018.
- Sold Mar 2018£169,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 127, Balmoral Road, Stourbridge have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 115, Balmoral Road, Stourbridge, DY8 5JJ, a freehold house which sold for £280,000.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 185 addresses on Balmoral Road, Stourbridge, DY8, 127, Balmoral Road, Stourbridge comes out as the 34th largest and the 38th most expensive in our analysis of the public data.
It is also £22k less expensive than the average property across the DY8 district.
More reading links
Schools Nearby
- 300mBelle Vue Primary School
- 900mFairhaven Primary School
- 1.0kmGlynne Primary School
- 1.7kmSummerhill School
- 1.8kmThe Wordsley School
- 2.1kmThe Crestwood School
More reading links
Public Transport Nearby
From 127, Balmoral Road, Stourbridge, the nearest station is Stourbridge Town, 3.6 kilometres away.
- 3.6kmStourbridge Town
- 4.6kmStourbridge Junction
- 4.7kmLye (West Midlands)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
