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Bricks&Logic is a trading name of Urban Markets Ltd
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, 5, Farlands Drive, Stourbridge is a mid-century freehold house with 1,184 ft2 of internal area and sits on a 1,031 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Farlands Drive, Stourbridge is £575,704 and the estimated rental value is £1,680 per month.
Farlands Drive, Stourbridge, DY8 is located in the borough of Dudley within the DY8 postal district.
5, Farlands Drive, Stourbridge has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Farlands Drive, Stourbridge is in very good condition we estimate a sale value of £604,489 and a rental value of £1,764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £535,404 and a rental value of £1,563 per month.
Over the last 12 months the sale value of 5 Farlands Drive Stourbridge has increased by an estimated £52 (0.0%) and its rental value has increased by an estimated £59 per month (3.5%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 5, Farlands Drive, Stourbridge sits on a plot of 1031m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Farlands Drive, Stourbridge sits on the 2nd largest plot.
5, Farlands Drive, Stourbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Farlands Drive, Stourbridge was last sold on 3rd December 2021 for £570,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped 25.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Farlands Drive, Stourbridge within a radius of 660 metres over the last 2 years.
The most recent example is 45, Field Lane, Stourbridge, DY8 2ED, a freehold house which sold for £500,000 on the 28th April 2023.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farlands Drive, Stourbridge, DY8 has a total of 5 addresses. According to our analysis of all the public data, 5, Farlands Drive, Stourbridge is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £275k more expensive than the average property in DY8.
The closest station to 5, Farlands Drive, Stourbridge is Stourbridge Junction station which is 800 metres 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 5, Farlands Drive, Stourbridge, 44.7% of property is privately owned outright and 34.8% 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 5, Farlands Drive, Stourbridge, 16.1% of residents are recorded as possessing school level qualifications and 34.3% 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 5, Farlands Drive, Stourbridge, the average age was 48.2 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 5, Farlands Drive, Stourbridge, 0.4% 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 5, Farlands Drive, Stourbridge, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
