2, Rutland Place
2, Rutland Place
Description & Estimates
Public records show 2, Rutland Place, Stourbridge to be a mid-century leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Rutland Place, Stourbridge has an estimated sale value of £104,032 and an estimated rental value of £543 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Rutland Place, Stourbridge, DY8.
Rutland Place, Stourbridge, DY8 lies in the borough of Dudley, within the DY8 postal district.
Our Data Sources
2, Rutland Place, Stourbridge has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated April 2016.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 2, Rutland Place, Stourbridge would be worth £109,233, with a potential rental value of £570 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,749, with a rental value of £505 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Rutland Place, Stourbridge has fallen by £1,833 (1.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £10 (1.8%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
2, Rutland Place, Stourbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Apr 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Rutland Place, Stourbridge last changed hands on 16th September 2019, selling for £95,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 40.5% since September 2019.
- Sold Sep 2019£95,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 2, Rutland Place, Stourbridge across the last 2 years.
Most recently, 52D, Cornwall Road, Stourbridge, DY8 4TJ, a leasehold flat, sold at £80,000 on the 27th January 2022.
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
Our analysis of the public data ranks 2, Rutland Place, Stourbridge as the 27th largest and the 27th most expensive of the 36 addresses on Rutland Place, Stourbridge, DY8.
Against the DY8 postcode district average, it is £198k less expensive than the typical property.
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Schools Nearby
- 300mSt James's CofE Primary School
- 400mAshwood Park Primary School
- 1.1kmBrook Primary School
- 1.3kmRidgewood High School
- 1.7kmThe Wordsley School
- 2.4kmRedhill School
More reading links
Public Transport Nearby
Stourbridge Town station is the nearest stop to 2, Rutland Place, Stourbridge at 2.2 kilometres away.
- 2.2kmStourbridge Town
- 3.2kmStourbridge Junction
- 3.6kmLye (West Midlands)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
