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Flat 7, Netherton Lodge, Dudley is described in the public record as a mid-century apartment with 344 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 7, Netherton Lodge, Dudley is £89,029 and its rental estimate is £611 per month, given the available information and assuming reasonable condition.
Netherton Lodge, Simms Lane is a residential building on Simms Lane, Dudley, DY2 and falls within the DY2 postal district and the borough of Dudley.
Flat 7, Netherton Lodge, Dudley has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
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.
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 7, Netherton Lodge, Dudley, we estimate a market value of £93,480 and a rental value of £642 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,797 and £568 per month respectively.
Over the last year, Flat 7, Netherton Lodge, Dudley has seen its estimated sale value decrease by £214 (0.2%) and its estimated rental value grow by £10 per month (1.6%). This results in an estimated gross rental yield of 8.2%.
Flat 7, Netherton Lodge, Dudley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to Flat 7, Netherton Lodge, Dudley have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2023, was 59, Cinder Bank, Dudley, DY2 9BH, a leasehold flat which sold for £90,000.
Read more about house prices in DY2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 76 addresses on Simms Lane, Dudley, DY2, Flat 7, Netherton Lodge, Dudley comes out as the 53rd largest and the 53rd most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the DY2 district.
From Flat 7, Netherton Lodge, Dudley, the nearest station is Cradley Heath, 2.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Netherton Lodge, Dudley, 49.5% of property is socially rented and 29.0% 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 Flat 7, Netherton Lodge, Dudley, 20.6% of residents are recorded as possessing school level qualifications and 8.1% 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 7, Netherton Lodge, Dudley, the average age was 39.9 and the most common age was 52.
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 7, Netherton Lodge, Dudley, 0.0% 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 7, Netherton Lodge, Dudley, 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.