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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Elgin Close, Stourbridge is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Elgin Close, Stourbridge is £95,633 and the estimated rental value is £541 per month.
The apartment is within 2, Elgin Close, Stourbridge, DY8.
Elgin Close, Stourbridge, DY8 is located in the borough of Dudley within the DY8 postal district.
2, Elgin Close, Stourbridge has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Elgin Close, Stourbridge is in very good condition we estimate a sale value of £100,414 and a rental value of £568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,938 and a rental value of £503 per month.
Over the last 12 months the sale value of 2 Elgin Close Stourbridge has decreased by an estimated £1,011 (1.1%) and its rental value has increased by an estimated £16 per month (3.0%), giving an expected gross yield of 6.8%.
2, Elgin Close, Stourbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Elgin Close, Stourbridge within a radius of 560 metres over the last 2 years.
The most recent example is 20, Dove Drive, Stourbridge, DY8 4LG, a leasehold flat which sold for £101,000 on the 15th September 2023.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Close, Stourbridge, DY8 has a total of 26 addresses. According to our analysis of all the public data, 2, Elgin Close, Stourbridge is the 23rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in DY8.
The closest station to 2, Elgin Close, Stourbridge is Stourbridge Town station which is 1.2 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Elgin Close, Stourbridge, 31.8% of property is privately owned outright and 30.2% 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 2, Elgin Close, Stourbridge, 22.8% of residents are recorded as possessing school level qualifications and 19.1% 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 2, Elgin Close, Stourbridge, the average age was 40.6 and the most common age was 52.
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 2, Elgin Close, Stourbridge, 0.9% 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 2, Elgin Close, Stourbridge, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
