Flat 2, 7
Flat 2, 7
Description & Estimates
Flat 2, 7, Stone Lane, Stourbridge is described in the public record as a period apartment with 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 7, Stone Lane, Stourbridge is £82,373 and its rental estimate is £439 per month, given the available information and assuming reasonable condition.
7, Stone Lane is a residential building on Stone Lane, Kinver, Stourbridge, DY7 and falls within the DY7 postal district and the borough of South Staffordshire.
Our Data Sources
Flat 2, 7, Stone Lane, Stourbridge has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
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.
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 Flat 2, 7, Stone Lane, Stourbridge, we estimate a market value of £86,492 and a rental value of £461 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £76,607 and £409 per month respectively.
Recent Market Change
Over the last year, Flat 2, 7, Stone Lane, Stourbridge has seen its estimated sale value decline by £1,452 (1.8%) and its estimated rental value climb by £8 per month (1.8%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 2, 7, Stone Lane, Stourbridge has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 950 metres of Flat 2, 7, Stone Lane, Stourbridge, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2018, was 3, Stone Lane, Stourbridge, DY7 6EQ, a freehold house which sold for £102,000.
Read more about house prices in DY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 102 addresses on Stone Lane, Kinver, Stourbridge, DY7, Flat 2, 7, Stone Lane, Stourbridge comes out as the 100th largest and the 101st most expensive in our analysis of the public data.
It is also £220k less expensive than the average property across the DY7 district.
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Schools Nearby
- 300mFoley Infant School Academy
- 600mBrindley Heath Junior School Academy
- 3.3kmCookley Sebright Primary School
- 400mKinver High School and Sixth Form
- 4.0kmWolverley CofE Secondary School
- 4.0kmRidgewood High School
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Public Transport Nearby
From Flat 2, 7, Stone Lane, Stourbridge, the nearest station is Stourbridge Town, 6.1 kilometres away.
- 6.1kmStourbridge Town
- 6.1kmBlakedown
- 6.4kmHagley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
