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According to the public record, 55, Summit Place, Dudley is a mid-century leasehold apartment with 538 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 55, Summit Place, Dudley is £93,533 and the estimated rental value is £732 per month.
Summit Place, Dudley, DY3 is located in the borough of Dudley within the DY3 postal district.
55, Summit Place, Dudley has 2 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated November 2018.
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 55, Summit Place, Dudley is in very good condition we estimate a sale value of £98,210 and a rental value of £769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,986 and a rental value of £681 per month.
Over the last 12 months the sale value of 55 Summit Place Dudley has increased by an estimated £1,628 (1.7%) and its rental value has increased by an estimated £17 per month (2.4%), giving an expected gross yield of 9.4%.
55, Summit Place, Dudley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 2018.
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, 55, Summit Place, Dudley was last sold on 3rd July 2020 for £70,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2020, the market for similar properties has risen 55.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Summit Place, Dudley within a radius of 650 metres over the last 2 years.
The most recent example is 27, Abbey Road, Dudley, DY3 2PQ, a leasehold flat which sold for £220,000 on the 29th September 2023.
Read more about house prices in DY3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summit Place, Dudley, DY3 has a total of 63 addresses. According to our analysis of all the public data, 55, Summit Place, Dudley is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in DY3.
The closest station to 55, Summit Place, Dudley is Coseley station which is 4.6 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 55, Summit Place, Dudley, 40.4% of property is privately owned outright and 26.2% 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 55, Summit Place, Dudley, 12.2% of residents are recorded as possessing school level qualifications and 25.3% 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 55, Summit Place, Dudley, the average age was 44.6 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 55, Summit Place, Dudley, 1.1% 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 55, Summit Place, Dudley, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.