5, Parkes Lane
5, Parkes Lane
Description & Estimates
5, Parkes Lane, Dudley is described in the public record as a mid-century house with 1,087 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Parkes Lane, Dudley is £287,341 and its rental estimate is £1,348 per month, given the available information and assuming reasonable condition.
Parkes Lane, Dudley, DY3 falls within the DY3 postal district, in the borough of Dudley.
Our Data Sources
5, Parkes Lane, Dudley has no records in the the Land Registry and a single entry in the EPC database dated October 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Parkes Lane, Dudley, we estimate a market value of £301,708 and a rental value of £1,415 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £267,227 and £1,253 per month respectively.
Recent Market Change
Over the last year, 5, Parkes Lane, Dudley has seen its estimated sale value rise by £10,589 (3.7%) and its estimated rental value move up by £53 per month (4.0%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
5, Parkes Lane, Dudley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Parkes Lane, Dudley have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was 21, Hockley Road, Bilston, WV14 9TW, a freehold house which sold for £280,000.
Read more about house prices in DY3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Parkes Lane, Dudley, DY3, 5, Parkes Lane, Dudley comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the DY3 district.
More reading links
Schools Nearby
- 200mBramford Primary School
- 1.0kmHurst Hill Primary School
- 1.2kmWrens Nest Primary School
- 600mBeacon Hill Academy
- 1.3kmThe Dormston School
- 1.7kmBishop Milner Catholic College
More reading links
Public Transport Nearby
From 5, Parkes Lane, Dudley, the nearest station is Coseley, 1.5 kilometres away.
- 1.5kmCoseley
- 2.5kmTipton
- 3.7kmDudley Port
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
