5, Boundary Lane
5, Boundary Lane
Description & Estimates
5, Boundary Lane, Stourbridge appears in the public record as a freehold house sitting on a 191 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 950 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 5, Boundary Lane, Stourbridge is £402,796 and its rental estimate is £1,236 per month, given the available information and assuming reasonable condition.
Boundary Lane, Stourbridge, DY7 falls within the DY7 postal district, in the borough of South Staffordshire.
Our Data Sources
5, Boundary Lane, Stourbridge has 21 entries in the Land Registry , most recently in September 2018 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 5, Boundary Lane, Stourbridge, we estimate a market value of £422,936 and a rental value of £1,298 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,601 and £1,149 per month respectively.
Recent Market Change
Over the last year, 5, Boundary Lane, Stourbridge has seen its estimated sale value move up by £2,279 (0.6%) and its estimated rental value increase by £41 per month (3.3%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 5, Boundary Lane, Stourbridge as measuring 191 m2.
That makes it the 6th largest plot in the postcode, where all 7 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Boundary Lane, Stourbridge completed on 21st September 2018 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 2.3% over the period since September 2018.
- Sold Sep 2018£280,000
- Sold Nov 2000£127,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Boundary Lane, Stourbridge have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2020, was 12, Covers Lane, Stourbridge, DY7 5PB, a freehold house which sold for £312,000.
Read more about house prices in DY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Boundary Lane, Stourbridge, DY7, 5, Boundary Lane, Stourbridge comes out as the largest and the most expensive in our analysis of the public data.
It is also £101k more expensive than the average property across the DY7 district.
More reading links
Schools Nearby
- 2.1kmBelle Vue Primary School
- 2.3kmAshwood Park Primary School
- 2.3kmSt James's CofE Primary School
- 2.5kmRidgewood High School
- 2.8kmSummerhill School
- 3.0kmKinver High School and Sixth Form
More reading links
Public Transport Nearby
From 5, Boundary Lane, Stourbridge, the nearest station is Stourbridge Town, 4.4 kilometres away.
- 4.4kmStourbridge Town
- 5.3kmStourbridge Junction
- 5.9kmLye (West Midlands)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
