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According to the public record, Apartment 41, Priory Place, Studley is a modern leasehold apartment with 818 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 Apartment 41, Priory Place, Studley is £312,885 and the estimated rental value is £1,473 per month.
The apartment is within Priory Place, Alcester Road, Studley, B80.
Alcester Road, Studley, B80 is located in the borough of Stratford-on-Avon within the B80 postal district.
Apartment 41, Priory Place, Studley has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Apartment 41, Priory Place, Studley is in very good condition we estimate a sale value of £328,529 and a rental value of £1,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,983 and a rental value of £1,369 per month.
Over the last 12 months the sale value of Apartment 41 Priory Place Studley has increased by an estimated £2,011 (0.6%) and its rental value has increased by an estimated £35 per month (2.4%), giving an expected gross yield of 5.6%.
Apartment 41, Priory Place, Studley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Apartment 41, Priory Place, Studley was last sold on 28th March 2023 for £257,996 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 41, Priory Place, Studley within a radius of 860 metres over the last 2 years.
The most recent example is Apartment 1, Priory Place, Alcester Road, Studley, B80 7AR, a leasehold flat which sold for £249,995 on the 27th September 2024.
Read more about house prices in B80.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alcester Road, Studley, B80 has a total of 226 addresses. According to our analysis of all the public data, Apartment 41, Priory Place, Studley is the 125th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in B80.
The closest station to Apartment 41, Priory Place, Studley is Redditch station which is 4.9 kilometres away.
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 Apartment 41, Priory Place, Studley, 39.1% of property is privately owned with a mortgage and 31.0% is privately rented.
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 Apartment 41, Priory Place, Studley, 18.3% of residents are recorded as possessing school level qualifications and 43.4% 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 Apartment 41, Priory Place, Studley, the average age was 44.7 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 Apartment 41, Priory Place, Studley, 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 Apartment 41, Priory Place, Studley, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
