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Public records show 8C, Hayes Lane, Stourbridge to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8C, Hayes Lane, Stourbridge has an estimated sale value of £119,414 and an estimated rental value of £714 per month, assuming reasonable condition and based on the information available.
The apartment sits within 8, Hayes Lane, Stourbridge, DY9.
Hayes Lane, Stourbridge, DY9 lies in the borough of Dudley, within the DY9 postal district.
8C, 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.
In very good condition, we estimate 8C, Hayes Lane, Stourbridge would be worth £125,384, with a potential rental value of £750 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £111,055, with a rental value of £664 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8C, Hayes Lane, Stourbridge has moved down by £2,612 (2.2%) over the last year. During the same period, its estimated monthly rental value has increased by £17 (2.3%). The property's estimated gross yield is currently 7.2%.
8C, 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.
8C, Hayes Lane, Stourbridge last changed hands on 24th July 2008, selling for £87,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 105.2% since July 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 8C, Hayes Lane, Stourbridge across the last 2 years.
Most recently, 4A, Hayes Lane, Stourbridge, DY9 8RD, a leasehold flat, sold at £1,500,000 on the 19th June 2024.
Read more about house prices in DY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8C, Hayes Lane, Stourbridge as the 41st largest and the 47th most expensive of the 54 addresses on Hayes Lane, Stourbridge, DY9.
Against the DY9 postcode district average, it is £236k less expensive than the typical property.
Lye (West Midlands) station is the nearest stop to 8C, Hayes Lane, Stourbridge at 900 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8C, Hayes Lane, Stourbridge, 43.3% of property is privately rented and 32.8% 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 8C, Hayes Lane, Stourbridge, 31.7% of residents are recorded as possessing school level qualifications and 19.3% 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 8C, Hayes Lane, Stourbridge, the average age was 39.7 and the most common age was 32.
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 8C, Hayes Lane, Stourbridge, 0.4% 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 8C, Hayes Lane, Stourbridge, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.