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According to the public record, 42, Cherry Tree Court, Stourbridge is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Cherry Tree Court, Stourbridge is £117,601 and the estimated rental value is £672 per month.
The apartment is within 42, Cherry Tree Court, Stourbridge, DY9.
Cherry Tree Court, Stourbridge, DY9 is located in the borough of Dudley within the DY9 postal district.
42, Cherry Tree Court, Stourbridge has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated May 2014.
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.
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 42, Cherry Tree Court, Stourbridge is in very good condition we estimate a sale value of £123,481 and a rental value of £705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,369 and a rental value of £625 per month.
Over the last 12 months the sale value of 42 Cherry Tree Court Stourbridge has decreased by an estimated £2,573 (2.2%) and its rental value has increased by an estimated £16 per month (2.3%), giving an expected gross yield of 6.9%.
42, Cherry Tree Court, Stourbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 42, Cherry Tree Court, Stourbridge was last sold on 1st March 2022 for £95,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has risen 76.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Cherry Tree Court, Stourbridge within a radius of 620 metres over the last 2 years.
The most recent example is 50, Charnwood Court, Stourbridge, DY9 9EU, a leasehold flat which sold for £122,500 on the 25th January 2024.
Read more about house prices in DY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Court, Stourbridge, DY9 has a total of 33 addresses. According to our analysis of all the public data, 42, Cherry Tree Court, Stourbridge is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in DY9.
The closest station to 42, Cherry Tree Court, Stourbridge is Stourbridge Junction station which is 1.3 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 42, Cherry Tree Court, Stourbridge, 51.4% of property is socially rented and 18.8% is privately owned outright.
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 42, Cherry Tree Court, Stourbridge, 24.3% of residents are recorded as possessing school level qualifications and 20.6% 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 42, Cherry Tree Court, Stourbridge, the average age was 39.3 and the most common age was 27.
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 42, Cherry Tree Court, Stourbridge, 0.0% 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 42, Cherry Tree Court, Stourbridge, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.