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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 8A, Elgin Close, Stourbridge 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 8A, Elgin Close, Stourbridge is £97,400 and the estimated rental value is £548 per month.
The apartment is within 8, Elgin Close, Stourbridge, DY8.
Elgin Close, Stourbridge, DY8 is located in the borough of Dudley within the DY8 postal district.
8A, Elgin Close, Stourbridge has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated October 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 8A, Elgin Close, Stourbridge is in very good condition we estimate a sale value of £102,270 and a rental value of £576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,582 and a rental value of £510 per month.
Over the last 12 months the sale value of 8A Elgin Close Stourbridge has decreased by an estimated £1,029 (1.1%) and its rental value has increased by an estimated £16 per month (3.0%), giving an expected gross yield of 6.8%.
8A, Elgin Close, Stourbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2022.
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, 8A, Elgin Close, Stourbridge was last sold on 28th April 2023 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has risen 55.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8A, Elgin Close, Stourbridge within a radius of 550 metres over the last 2 years.
The most recent example is 6D, Trinity Road, Stourbridge, DY8 4JG, a leasehold flat which sold for £63,500 on the 7th September 2015.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Close, Stourbridge, DY8 has a total of 26 addresses. According to our analysis of all the public data, 8A, Elgin Close, Stourbridge is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in DY8.
The closest station to 8A, Elgin Close, Stourbridge is Stourbridge Town station which is 1.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8A, Elgin Close, Stourbridge, 31.8% of property is privately owned outright and 30.2% 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 8A, Elgin Close, Stourbridge, 22.8% of residents are recorded as possessing school level qualifications and 19.1% 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 8A, Elgin Close, Stourbridge, the average age was 40.6 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 8A, Elgin Close, Stourbridge, 0.9% 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 8A, Elgin Close, Stourbridge, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
