55 Summit Place

    55, SUMMIT PLACE, DUDLEY, DY3 2TQ

    This flat/maisonette leasehold property on Summit Place last sold in July 2020 for £70,000. Based on price growth in the DY3 district since then, its estimated current value is £103,160 — placing it in the 4th percentile nationally and the 3rd percentile within DY3. The property covers 50 m² (538 sq ft), giving an estimated value of £2,063 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £70,000

    Jul 2020

    Estimated Valuation

    £103,160

    Est. £/sq ft

    £192/sq ft

    £2,063/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateNov 2018
    WallsSystem built, with external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jul 2020

    £70,000

    12 May 2017

    £70,000

    Key Metrics

    Estimated valuation£103,160
    Value per sq ft / m²£192/sq ft (£2,063/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DY3 district percentile3rd percentile
    National percentile4th percentile

    District Context — DY3

    DY3 covers areas in the West Midlands, positioned in the middle reaches of the region's property landscape. It offers below-average prices with solid rental fundamentals and appeals to a mixed demographic seeking affordable ownership and investment.

    Average Property Price - DY3

    £269,405

    33

    National percentile

    Average Net Household Income - DY3

    £34,559

    29

    National percentile

    10-Year Annualised Price Growth - DY3

    4.9%

    87

    National percentile

    10-Year Annualised Rent Growth - DY

    4.3%

    73

    National percentile

    View full analysis for DY3

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