56B, Worcester Street
56B, Worcester Street
Description & Estimates
56B, Worcester Street, Stourbridge is recorded publicly as a modern leasehold apartment across 376 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 56B, Worcester Street, Stourbridge is £85,131 and its rental estimate is £453 per month, given the available information and assuming reasonable condition.
56, Worcester Street is a residential building on Worcester Street, Stourbridge, DY8 and falls within the DY8 postal district and the borough of Dudley.
Our Data Sources
56B, Worcester Street, Stourbridge has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56B, Worcester Street, Stourbridge, we estimate a market value of £89,387 and a rental value of £476 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,171 and £422 per month respectively.
Recent Market Change
Over the last year, 56B, Worcester Street, Stourbridge has seen its estimated sale value fall by £1,539 (1.8%) and its estimated rental value move up by £10 per month (2.2%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
56B, Worcester Street, Stourbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 56B, Worcester Street, Stourbridge completed on 9th December 2014 at £63,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.6% over the period since December 2014.
- Sold Dec 2014£63,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56B, Worcester Street, Stourbridge have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd April 2024, was 21, Webb Court, Stourbridge, DY8 1BN, a leasehold flat which sold for £105,000.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 202 addresses on Worcester Street, Stourbridge, DY8, 56B, Worcester Street, Stourbridge comes out as the 199th largest and the 193rd most expensive in our analysis of the public data.
It is also £217k less expensive than the average property across the DY8 district.
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Schools Nearby
- 100mGreenfield Primary School
- 800mOldswinford C of E Primary School
- 900mSt Joseph's RC Primary School
- 300mOld Swinford Hospital
- 600mRedhill School
- 1.5kmThe Pedmore High School
More reading links
Public Transport Nearby
From 56B, Worcester Street, Stourbridge, the nearest station is Stourbridge Town, 500 metres away.
- 500mStourbridge Town
- 1.1kmStourbridge Junction
- 2.3kmLye (West Midlands)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
