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According to the public record, 3, Laker Close, Stourbridge is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 890 ft2 of internal area and sits on a 216 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Laker Close, Stourbridge is £326,797 and the estimated rental value is £1,121 per month.
Laker Close, Stourbridge, DY8 is located in the borough of Dudley within the DY8 postal district.
3, Laker Close, Stourbridge has a single entry in the Land Registry from June 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Laker Close, Stourbridge is in very good condition we estimate a sale value of £343,137 and a rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,921 and a rental value of £1,042 per month.
Over the last 12 months the sale value of 3 Laker Close Stourbridge has increased by an estimated £30 (0.0%) and its rental value has increased by an estimated £40 per month (3.5%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 3, Laker Close, Stourbridge sits on a plot of 216m2.
We have plot size data on 11 out of 11 other houses in the postcode and 3, Laker Close, Stourbridge sits on the 11th largest plot.
According to HM Land Registry, 3, Laker Close, Stourbridge was last sold on 29th June 2012 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2012, the market for similar properties has risen 78.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Laker Close, Stourbridge within a radius of 570 metres over the last 2 years.
The most recent example is 17, Marylebone Close, Stourbridge, DY8 4PY, a freehold house which sold for £335,000 on the 20th June 2023.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laker Close, Stourbridge, DY8 has a total of 11 addresses. According to our analysis of all the public data, 3, Laker Close, Stourbridge is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in DY8.
The closest station to 3, Laker Close, Stourbridge is Stourbridge Town station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Laker Close, Stourbridge, 30.8% of property is privately owned outright and 28.7% 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, Laker Close, Stourbridge, 12.3% of residents are recorded as possessing school level qualifications and 43.4% 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, Laker Close, Stourbridge, the average age was 40.6 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, Laker Close, Stourbridge, 0.8% 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, Laker Close, Stourbridge, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.