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According to the public record, 2 The Mount, Stourbridge is a modern leasehold apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Mount, Stourbridge is £277,953 and the estimated rental value is £1,232 per month.
The apartment is within The Mount, Mount Lane, Clent, Stourbridge, DY9.
Mount Lane, Clent, Stourbridge, DY9 is located in the borough of Bromsgrove within the DY9 postal district.
2 The Mount, Stourbridge has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 The Mount, Stourbridge is in very good condition we estimate a sale value of £291,851 and a rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,496 and a rental value of £1,146 per month.
Over the last 12 months the sale value of 2 The Mount Stourbridge has decreased by an estimated £6,515 (2.3%) and its rental value has increased by an estimated £28 per month (2.3%), giving an expected gross yield of 5.3%.
2 The Mount, Stourbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 The Mount, Stourbridge was last sold on 11th August 2017 for £172,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Mount, Stourbridge within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 1 The Mount, Mount Lane, Stourbridge, DY9 9PR, a leasehold flat which sold for £225,000 on the 9th November 2021.
Read more about house prices in DY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mount Lane, Clent, Stourbridge, DY9 has a total of 21 addresses. According to our analysis of all the public data, 2 The Mount, Stourbridge is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in DY9.
The closest station to 2 The Mount, Stourbridge is Hagley station which is 2.5 kilometres away.
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.
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 The Mount, Stourbridge, 49.2% of property is privately owned outright and 35.6% 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 The Mount, Stourbridge, 16.1% of residents are recorded as possessing school level qualifications and 53.6% 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 The Mount, Stourbridge, the average age was 47.3 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 2 The Mount, Stourbridge, 3.2% 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 2 The Mount, Stourbridge, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.