6B, Hayes Lane
6B, Hayes Lane
Description & Estimates
6B, Hayes Lane, Stourbridge is recorded publicly as a modern leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 6B, Hayes Lane, Stourbridge is £119,414 and its rental estimate is £714 per month, given the available information and assuming reasonable condition.
6, Hayes Lane is a residential building on Hayes Lane, Stourbridge, DY9 and falls within the DY9 postal district and the borough of Dudley.
Our Data Sources
6B, Hayes Lane, Stourbridge has a single entry in the Land Registry from July 2008 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 6B, Hayes Lane, Stourbridge, we estimate a market value of £125,384 and a rental value of £750 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £111,055 and £664 per month respectively.
Recent Market Change
Over the last year, 6B, Hayes Lane, Stourbridge has seen its estimated sale value move down by £2,612 (2.2%) and its estimated rental value increase by £17 per month (2.3%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
6B, Hayes Lane, Stourbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 6B, Hayes Lane, Stourbridge completed on 18th July 2008 at £87,500 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 105.2% over the period since July 2008.
- Sold Jul 2008£87,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6B, Hayes Lane, Stourbridge have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2024, was 4A, Hayes Lane, Stourbridge, DY9 8RD, a leasehold flat which sold for £1,500,000.
Read more about house prices in DY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Hayes Lane, Stourbridge, DY9, 6B, Hayes Lane, Stourbridge comes out as the 31st largest and the 42nd most expensive in our analysis of the public data.
It is also £236k less expensive than the average property across the DY9 district.
More reading links
Schools Nearby
- 800mWollescote Primary School
- 1.1kmColley Lane Primary Academy
- 1.1kmCradley CofE Primary School
- 1.3kmThorns Collegiate Academy
- 2.0kmThe Pedmore High School
- 2.6kmRedhill School
More reading links
Public Transport Nearby
From 6B, Hayes Lane, Stourbridge, the nearest station is Lye (West Midlands), 900 metres away.
- 900mLye (West Midlands)
- 1.4kmCradley Heath
- 2.5kmStourbridge Junction
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.
