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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Bournes Close, Halesowen is £113,308 and the estimated rental value is £617 per month.
Bournes Close, Halesowen, B63 is located in the borough of Dudley within the B63 postal district.
8, Bournes Close, Halesowen has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated August 2022.
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 8, Bournes Close, Halesowen is in very good condition we estimate a sale value of £118,974 and a rental value of £647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,377 and a rental value of £573 per month.
Over the last 12 months the sale value of 8 Bournes Close Halesowen has decreased by an estimated £1,256 (1.1%) and its rental value has increased by an estimated £16 per month (2.6%), giving an expected gross yield of 6.5%.
8, Bournes Close, Halesowen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Bournes Close, Halesowen was last sold on 29th November 2022 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bournes Close, Halesowen within a radius of 560 metres over the last 2 years.
The most recent example is Flat 7, Leasowes Court, Red Leasowes Road, Halesowen, B63 4SF, a leasehold flat which sold for £132,000 on the 19th July 2024.
Read more about house prices in B63.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bournes Close, Halesowen, B63 has a total of 12 addresses. According to our analysis of all the public data, 8, Bournes Close, Halesowen is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in B63.
The closest station to 8, Bournes Close, Halesowen is Old Hill station which is 2.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Bournes Close, Halesowen, 37.6% of property is privately owned with a mortgage and 30.4% is privately owned outright.
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 8, Bournes Close, Halesowen, 24.0% of residents are recorded as possessing school level qualifications and 29.5% 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 8, Bournes Close, Halesowen, the average age was 42.4 and the most common age was 52.
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 8, Bournes Close, Halesowen, 0.0% 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 8, Bournes Close, Halesowen, 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.