40, Union Street
40, Union Street
Description & Estimates
40, Union Street, Stourbridge appears in the public record as a freehold house sitting on a 137 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 385 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Union Street, Stourbridge is £100,233 and its rental estimate is £570 per month, given the available information and assuming reasonable condition.
Union Street, Lye, Stourbridge, DY9 falls within the DY9 postal district, in the borough of Dudley.
Our Data Sources
40, Union Street, Stourbridge has a single entry in the Land Registry from July 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.
Price Range & Condition
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 40, Union Street, Stourbridge, we estimate a market value of £105,245 and a rental value of £599 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,217 and £531 per month respectively.
Recent Market Change
Over the last year, 40, Union Street, Stourbridge has seen its estimated sale value move up by £1,130 (1.1%) and its estimated rental value increase by £32 per month (5.7%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 40, Union Street, Stourbridge as measuring 137 m2.
That makes it the 8th largest plot in the postcode, where 12 of the 18 other houses have recorded plot data.
Sold Prices
The most recent sale of 40, Union Street, Stourbridge completed on 2nd July 2012 at £30,000 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 risen by 133.1% over the period since July 2012.
- Sold Jul 2012£30,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Union Street, Stourbridge have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2019, was 63, Spring Street, Stourbridge, DY9 7EJ, a freehold house which sold for £75,000.
Read more about house prices in DY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Union Street, Lye, Stourbridge, DY9, 40, Union Street, Stourbridge comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £255k less expensive than the average property across the DY9 district.
More reading links
Schools Nearby
- 500mWollescote Primary School
- 900mRufford Primary School
- 1.3kmHob Green Primary School
- 1.0kmThe Pedmore High School
- 1.4kmThorns Collegiate Academy
- 1.7kmRedhill School
More reading links
Public Transport Nearby
From 40, Union Street, Stourbridge, the nearest station is Lye (West Midlands), 600 metres away.
- 600mLye (West Midlands)
- 1.6kmStourbridge Junction
- 1.9kmStourbridge Town
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
