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In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 1, 29, New Road, Stourbridge has an estimated sale value of £75,654 and an estimated rental value of £403 per month, assuming reasonable condition and based on the information available.
The apartment sits within 29, New Road, Stourbridge, DY8.
New Road, Stourbridge, DY8 lies in the borough of Dudley, within the DY8 postal district.
Flat 1, 29, New Road, Stourbridge has no records in the the Land Registry and a single entry in the EPC database dated October 2018.
We combine this information with public data 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.
In very good condition, we estimate Flat 1, 29, New Road, Stourbridge would be worth £79,437, with a potential rental value of £423 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,358, with a rental value of £375 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, 29, New Road, Stourbridge has decreased by £307 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £12 (3.0%). The property's estimated gross yield is currently 6.4%.
Flat 1, 29, New Road, Stourbridge has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of Flat 1, 29, New Road, Stourbridge across the last 2 years.
Most recently, Flat 1, 15A , Market Street, Stourbridge, DY8 1AB, a leasehold flat, sold at £110,000 on the 9th June 2020.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, 29, New Road, Stourbridge as the 48th largest and the 48th most expensive of the 49 addresses on New Road, Stourbridge, DY8.
Against the DY8 postcode district average, it is £226k less expensive than the typical property.
Stourbridge Town station is the nearest stop to Flat 1, 29, New Road, Stourbridge at 300 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 29, New Road, Stourbridge, 50.4% of property is privately rented and 18.1% 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 Flat 1, 29, New Road, Stourbridge, 11.1% of residents are recorded as possessing school level qualifications and 32.8% 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 Flat 1, 29, New Road, Stourbridge, the average age was 42.3 and the most common age was 57.
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 Flat 1, 29, New Road, Stourbridge, 1.6% 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 Flat 1, 29, New Road, Stourbridge, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.