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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, Broadacres Close, Stourbridge is a modern freehold house with 2,098 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Broadacres Close, Stourbridge is £794,819 and the estimated rental value is £2,001 per month.
Broadacres Close, Stourton, Stourbridge, DY7 is located in the borough of South Staffordshire within the DY7 postal district.
4, Broadacres Close, Stourbridge has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 4, Broadacres Close, Stourbridge is in very good condition we estimate a sale value of £834,560 and a rental value of £2,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £739,182 and a rental value of £1,861 per month.
Over the past 12 months, the estimated sale value of 4, Broadacres Close, Stourbridge has declined by £15,423 (1.9%), while its estimated rental value has climbed by £36 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 3.0%.
4, Broadacres Close, Stourbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2023.
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, 4, Broadacres Close, Stourbridge was last sold on 20th July 2023 for £783,800 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped by 32.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Broadacres Close, Stourbridge within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 3, Broadacres Close, Stourbridge, DY7 5BW, a freehold house which sold for £769,000 on the 5th May 2023.
Read more about house prices in DY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadacres Close, Stourton, Stourbridge, DY7 has a total of 4 addresses. According to our analysis of all the public data, 4, Broadacres Close, Stourbridge is the largest and the most expensive property on the street.
When compared to the postcode district it is £493k more expensive than the average property in DY7.
The closest station to 4, Broadacres Close, Stourbridge is Stourbridge Town station, which is 4.3 kilometres away.
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 4, Broadacres Close, Stourbridge, 49.1% of property is privately owned outright and 38.5% 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 4, Broadacres Close, Stourbridge, 14.8% of residents are recorded as possessing school level qualifications and 35.5% 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 4, Broadacres Close, 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 4, Broadacres Close, Stourbridge, 2.3% 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 4, Broadacres Close, Stourbridge, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
