53, Southgate Way
53, Southgate Way
Description & Estimates
According to the public record, 53, Southgate Way, Dudley is a modern leasehold apartment with 409 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 53, Southgate Way, Dudley is £100,747 and the estimated rental value is £761 per month.
Southgate Way, Dudley, DY1 is located in the borough of Dudley within the DY1 postal district.
Our Data Sources
53, Southgate Way, Dudley has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated September 2020.
We combine this information with that 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
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 53, Southgate Way, Dudley is in very good condition we estimate a sale value of £105,785 and a rental value of £799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,695 and a rental value of £708 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 53, Southgate Way, Dudley has moved down by £4 (0.0%), while its estimated rental value has increased by £13 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 9.1%.
Energy Efficiency
53, Southgate Way, Dudley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 53, Southgate Way, Dudley was last sold on 28th June 2007 for £78,825 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen by 47.7%.
- Sold Jun 2007£78,825
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Southgate Way, Dudley within a radius of 520 metres over the last 2 years.
The most recent example is 75, Southgate Way, Dudley, DY1 3HN, a leasehold flat which sold for £86,500 on the 26th August 2022.
Read more about house prices in DY1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Southgate Way, Dudley, DY1 has a total of 52 addresses. According to our analysis of all the public data, 53, Southgate Way, Dudley is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in DY1.
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Schools Nearby
- 500mPriory Primary School
- 500mJesson's Church of England Primary School
- 1.1kmWrens Nest Primary School
- 500mSt James Academy
- 600mBishop Milner Catholic College
- 1.4kmPegasus Academy
More reading links
Public Transport Nearby
The closest station to 53, Southgate Way, Dudley is Tipton station, which is 2.6 kilometres away.
- 2.6kmTipton
- 3.2kmDudley Port
- 3.3kmCoseley
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
