According to the public record, 4, Townsend Avenue, Dudley is a mid-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Townsend Avenue, Dudley, DY3.
Townsend Avenue, Dudley, DY3 is located in the borough of Dudley within the DY3 postal district.
4, Townsend Avenue, Dudley has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Townsend Avenue Dudley as £86,032 and the rental value as £500 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 4 Townsend Avenue Dudley has increased by £322 (0.4%) and its rental value has increased by £21 per month (4.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Townsend Avenue, Dudley is in very good condition we estimate a sale value of £90,334 and rental value of £524 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,010 and a rental value of £465 per month.
If you were able to purchase this property for the estimated value of £86,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £423 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 4, Townsend Avenue, Dudley was last sold on 10 Jan 2022 for £79,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Townsend Avenue, Dudley within a radius of 590 metres over the last 2 years.
The most recent example is Flat 2, 128, High Street, Dudley, DY3 1RH, a Leasehold flat which sold for £81,000 in Jan 2019.
Read more about house prices in DY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Townsend Avenue, Dudley, DY3 has a total of 48 addresses. According to our analysis of all the public data, 4, Townsend Avenue, Dudley is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in DY3.
4, Townsend Avenue, Dudley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 4, Townsend Avenue, Dudley is Coseley station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Townsend Avenue, Dudley, 45.6% of property is socially rented and 24.0% is privately owned outright.
The graph below shows how this compares to Greater London 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 4, Townsend Avenue, Dudley, 8.9% of residents are recorded as possessing school level qualifications and 19.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Townsend Avenue, Dudley, the average age was 42.2 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 4, Townsend Avenue, 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 4, Townsend Avenue, Dudley, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.