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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 86, Murcroft Road, Stourbridge is a mid-century leasehold apartment with 742 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 86, Murcroft Road, Stourbridge is £111,872 and the estimated rental value is £645 per month.
The apartment is within 86, Murcroft Road, Stourbridge, DY9.
Murcroft Road, Stourbridge, DY9 is located in the borough of Dudley within the DY9 postal district.
86, Murcroft Road, Stourbridge has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated January 2021.
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 86, Murcroft Road, Stourbridge is in very good condition we estimate a sale value of £117,465 and a rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,041 and a rental value of £600 per month.
Over the last 12 months the sale value of 86 Murcroft Road Stourbridge has decreased by an estimated £2,447 (2.2%) and its rental value has increased by an estimated £15 per month (2.3%), giving an expected gross yield of 6.9%.
86, Murcroft Road, Stourbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2021.
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, 86, Murcroft Road, Stourbridge was last sold on 24th May 2021 for £38,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 68.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Murcroft Road, Stourbridge within a radius of 750 metres over the last 2 years.
The most recent example is 1C, Dobbins Oak Road, Stourbridge, DY9 9JB, a leasehold flat which sold for £100,000 on the 22nd November 2021.
Read more about house prices in DY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murcroft Road, Stourbridge, DY9 has a total of 130 addresses. According to our analysis of all the public data, 86, Murcroft Road, Stourbridge is the 79th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in DY9.
The closest station to 86, Murcroft Road, Stourbridge is Stourbridge Junction station which is 1.4 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 86, Murcroft Road, Stourbridge, 49.1% of property is socially rented and 20.0% 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 86, Murcroft Road, Stourbridge, 23.9% of residents are recorded as possessing school level qualifications and 18.7% 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 86, Murcroft Road, Stourbridge, the average age was 46.5 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 86, Murcroft Road, Stourbridge, 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 86, Murcroft Road, Stourbridge, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
