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According to the public record, 48, Hern Road, Brierley Hill is a mid-century leasehold apartment with 322 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 48, Hern Road, Brierley Hill is £82,421 and the estimated rental value is £517 per month.
Hern Road, Brierley Hill, DY5 is located in the borough of Dudley within the DY5 postal district.
48, Hern Road, Brierley Hill has 71 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated July 2020.
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 48, Hern Road, Brierley Hill is in very good condition we estimate a sale value of £86,542 and a rental value of £543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,652 and a rental value of £481 per month.
Over the last 12 months the sale value of 48 Hern Road Brierley Hill has decreased by an estimated £932 (1.1%) and its rental value has increased by an estimated £12 per month (2.3%), giving an expected gross yield of 7.5%.
48, Hern Road, Brierley Hill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jul 2020.
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, 48, Hern Road, Brierley Hill was last sold on 31st October 2017 for £51,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since October 2017, the market for similar properties has risen 38.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Hern Road, Brierley Hill within a radius of 600 metres over the last 2 years.
The most recent example is 36, Bagleys Road, Brierley Hill, DY5 2PL, a leasehold flat which sold for £90,000 on the 22nd September 2023.
Read more about house prices in DY5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hern Road, Brierley Hill, DY5 has a total of 45 addresses. According to our analysis of all the public data, 48, Hern Road, Brierley Hill is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in DY5.
The closest station to 48, Hern Road, Brierley Hill is Stourbridge Town station which is 1.0 kilometres 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 48, Hern Road, Brierley Hill, 48.2% of property is privately owned with a mortgage and 39.1% 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 48, Hern Road, Brierley Hill, 19.3% of residents are recorded as possessing school level qualifications and 25.1% 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 48, Hern Road, Brierley Hill, the average age was 43.8 and the most common age was 57.
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 48, Hern Road, Brierley Hill, 0.7% 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 48, Hern Road, Brierley Hill, 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.