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28, Mill Brook Meadow, Stourbridge is recorded publicly as a modern freehold house across 1,054 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 28, Mill Brook Meadow, Stourbridge is £380,196 and its rental estimate is £1,154 per month, given the available information and assuming reasonable condition.
Mill Brook Meadow, Kinver, Stourbridge, DY7 falls within the DY7 postal district, in the borough of South Staffordshire.
28, Mill Brook Meadow, Stourbridge has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated October 2021.
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.
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 28, Mill Brook Meadow, Stourbridge, we estimate a market value of £399,206 and a rental value of £1,212 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £353,582 and £1,073 per month respectively.
Over the last year, 28, Mill Brook Meadow, Stourbridge has seen its estimated sale value grow by £2,151 (0.6%) and its estimated rental value climb by £38 per month (3.3%). This results in an estimated gross rental yield of 3.6%.
28, Mill Brook Meadow, Stourbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 28, Mill Brook Meadow, Stourbridge completed on 30th November 2021 at £405,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.2% over the period since November 2021.
Over the past 2 years 3 properties similar to 28, Mill Brook Meadow, Stourbridge have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th August 2022, was 22, Mill Brook Meadow, Stourbridge, DY7 6FD, a freehold house which sold for £335,000.
Read more about house prices in DY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 45 addresses on Mill Brook Meadow, Kinver, Stourbridge, DY7, 28, Mill Brook Meadow, Stourbridge comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £78k more expensive than the average property across the DY7 district.
From 28, Mill Brook Meadow, Stourbridge, the nearest station is Stourbridge Town, 6.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, Mill Brook Meadow, Stourbridge, 53.7% of property is privately owned outright and 30.9% 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 28, Mill Brook Meadow, Stourbridge, 14.7% of residents are recorded as possessing school level qualifications and 30.5% 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 28, Mill Brook Meadow, Stourbridge, the average age was 49.6 and the most common age was 72.
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 28, Mill Brook Meadow, Stourbridge, 0.7% 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 28, Mill Brook Meadow, Stourbridge, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.