40 Melrose Avenue

    40, MELROSE AVENUE, STOURBRIDGE, DY8 2LE

    This detached freehold property on Melrose Avenue last sold in September 2016 for £478,000. Based on price growth in the DY8 district since then, its estimated current value is £638,522 — placing it in the 88th percentile nationally and the 97th percentile within DY8. The property covers 160 m² (1,722 sq ft), giving an estimated value of £3,991 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,722 sq ft

    160 m²

    Last Sale Price

    £478,000

    Sept 2016

    Estimated Valuation

    £638,522

    Est. £/sq ft

    £371/sq ft

    £3,991/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,722 sq ft (160 m²)
    EPC dateMay 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2016

    £478,000

    30 Oct 2015

    £460,000

    Key Metrics

    Estimated valuation£638,522
    Value per sq ft / m²£371/sq ft (£3,991/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DY8 district percentile97th percentile
    National percentile88th percentile

    District Context — DY8

    DY8 covers Kidderminster and surrounding areas in Worcestershire, situated in the West Midlands on the border with Shropshire. The area is a historic carpet-manufacturing town with a mixed residential and industrial character, offering practical appeal to families and commuters.

    Average Property Price - DY8

    £284,306

    38

    National percentile

    Average Net Household Income - DY8

    £36,854

    43

    National percentile

    10-Year Annualised Price Growth - DY8

    4.0%

    66

    National percentile

    10-Year Annualised Rent Growth - DY

    4.3%

    73

    National percentile

    View full analysis for DY8

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