2, New Wood Close
2, New Wood Close
Description & Estimates
According to the public record, 2, New Wood Close, Stourbridge is a modern freehold house with 1,194 ft2 of internal area and sits on a 510 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, New Wood Close, Stourbridge is £405,230 and the estimated rental value is £1,182 per month.
New Wood Close, Stourbridge, DY7 is located in the borough of South Staffordshire within the DY7 postal district.
Our Data Sources
2, New Wood Close, Stourbridge has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, New Wood Close, Stourbridge is in very good condition we estimate a sale value of £425,492 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,864 and a rental value of £1,100 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, New Wood Close, Stourbridge has fallen by £4,642 (1.1%), while its estimated rental value has moved up by £27 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 3.5%.
Plot Size
According to data from HM Land Registry, 2, New Wood Close, Stourbridge sits on a plot of 510 m2.
We have plot size data on 8 out of 9 other houses in the postcode and 2, New Wood Close, Stourbridge sits on the 2nd largest plot.
Energy Efficiency
2, New Wood Close, Stourbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, New Wood Close, Stourbridge was last sold on 16th December 2020 for £380,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has dropped by 16.0%.
- Sold Dec 2020£380,000
- Sold Jul 2015£280,000
- Sold Jun 1999£140,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, New Wood Close, Stourbridge within a radius of 740 metres over the last 2 years.
The most recent example is 8, New Wood Close, Stourbridge, DY7 6SN, a freehold house which sold for £420,000 on the 2nd July 2024.
Read more about house prices in DY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
New Wood Close, Stourbridge, DY7 has a total of 9 addresses. According to our analysis of all the public data, 2, New Wood Close, Stourbridge is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in DY7.
More reading links
Schools Nearby
- 300mSt James's CofE Primary School
- 600mAshwood Park Primary School
- 1.3kmThe Ridge Primary School
- 1.1kmRidgewood High School
- 2.1kmThe Wordsley School
- 2.7kmOld Swinford Hospital
More reading links
Public Transport Nearby
The closest station to 2, New Wood Close, Stourbridge is Stourbridge Town station, which is 2.5 kilometres away.
- 2.5kmStourbridge Town
- 3.5kmStourbridge Junction
- 3.9kmLye (West Midlands)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
