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According to the public record, 3 Tower Lodge, Clock Tower View, Stourbridge is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Tower Lodge, Clock Tower View, Stourbridge is £114,217 and the estimated rental value is £564 per month.
The apartment is within 3, Clock Tower View, Stourbridge, DY8.
Clock Tower View, Stourbridge, DY8 is located in the borough of Dudley within the DY8 postal district.
3 Tower Lodge, Clock Tower View, Stourbridge has a single entry in the Land Registry from September 2011 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 3 Tower Lodge, Clock Tower View, Stourbridge is in very good condition we estimate a sale value of £119,927 and a rental value of £592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,221 and a rental value of £524 per month.
Over the last 12 months the sale value of 3 Tower Lodge Clock Tower View Stourbridge has decreased by an estimated £649 (0.6%) and its rental value has increased by an estimated £18 per month (3.2%), giving an expected gross yield of 5.9%.
3 Tower Lodge, Clock Tower View, Stourbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 3 Tower Lodge, Clock Tower View, Stourbridge was last sold on 2nd September 2011 for £89,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2011, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Tower Lodge, Clock Tower View, Stourbridge within a radius of 530 metres over the last 2 years.
The most recent example is 14A Griffiths Lodge, Clock Tower View, Stourbridge, DY8 5TJ, a leasehold flat which sold for £122,500 on the 8th December 2023.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clock Tower View, Stourbridge, DY8 has a total of 95 addresses. According to our analysis of all the public data, 3 Tower Lodge, Clock Tower View, Stourbridge is the 95th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in DY8.
The closest station to 3 Tower Lodge, Clock Tower View, Stourbridge is Stourbridge Town station which is 3.5 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 3 Tower Lodge, Clock Tower View, Stourbridge, 37.2% of property is privately owned with a mortgage and 27.4% is privately rented.
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 3 Tower Lodge, Clock Tower View, Stourbridge, 17.2% of residents are recorded as possessing school level qualifications and 33.3% 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 3 Tower Lodge, Clock Tower View, Stourbridge, the average age was 44.5 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 3 Tower Lodge, Clock Tower View, 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 3 Tower Lodge, Clock Tower View, 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.