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By comparing it to nearby properties, we estimate it to be a modern house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Cedars, Stourbridge is £1,198,012 and its rental estimate is £3,015 per month, given the available information and assuming reasonable condition.
Ounty John Lane, Stourbridge, DY8 falls within the DY8 postal district, in the borough of Dudley.
The Cedars, Stourbridge has 2 entries in the Land Registry , most recently in June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 The Cedars, Stourbridge, we estimate a market value of £1,257,912 and a rental value of £3,166 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,114,151 and £2,804 per month respectively.
Over the last year, The Cedars, Stourbridge has seen its estimated sale value drop by £23,247 (1.9%) and its estimated rental value rise by £54 per month (1.8%). This results in an estimated gross rental yield of 3.0%.
HM Land Registry records the plot of land for The Cedars, Stourbridge as measuring 1,120 m2.
That makes it the 18th largest plot in the postcode, where 20 of the 24 other houses have recorded plot data.
The most recent sale of The Cedars, Stourbridge completed on 20th June 2008 at £960,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 18.1% over the period since June 2008.
Over the past 2 years 3 properties similar to The Cedars, Stourbridge have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was Magnolia House, Quarry Park Road, Stourbridge, DY8 2RE, a freehold house which sold for £1,300,000.
Read more about house prices in DY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 27 addresses on Ounty John Lane, Stourbridge, DY8, The Cedars, Stourbridge comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £896k more expensive than the average property across the DY8 district.
From The Cedars, Stourbridge, the nearest station is Hagley, 1.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around The Cedars, Stourbridge, 64.8% of property is privately owned outright and 28.9% 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 The Cedars, Stourbridge, 17.9% of residents are recorded as possessing school level qualifications and 46.5% 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 The Cedars, Stourbridge, the average age was 48.2 and the most common age was 72.
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 The Cedars, Stourbridge, 1.5% 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 The Cedars, Stourbridge, there are an average of 2.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.