According to the public record, 45, Orchard Grove, Dudley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 682 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Orchard Grove, Dudley, DY3 is located in the borough of Dudley within the DY3 postal district.
45, Orchard Grove, Dudley has a single entry in the Land Registry database from September 2007 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 45 Orchard Grove Dudley as £117,910 and the rental value as £589 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 45 Orchard Grove Dudley has increased by £2,112 (1.8%) and its rental value has increased by £28 per month (4.7%).
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 45, Orchard Grove, Dudley is in very good condition we estimate a sale value of £123,805 and rental value of £619 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,656 and a rental value of £548 per month.
If you were able to purchase this property for the estimated value of £117,910, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £579 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, 45, Orchard Grove, Dudley was last sold on 28 Sep 2007 for £93,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Orchard Grove, Dudley within a radius of 580 metres over the last 2 years.
The most recent example is 19, Orchard Grove, Dudley, DY3 2UX, a Leasehold flat which sold for £112,000 in Dec 2022.
Read more about house prices in DY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Grove, Dudley, DY3 has a total of 50 addresses. According to our analysis of all the public data, 45, Orchard Grove, Dudley is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in DY3.
The closest station to 45, Orchard Grove, Dudley is Coseley station which is 4.4 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 45, Orchard Grove, Dudley, 38.6% of property is privately owned outright and 28.8% is privately owned with a mortgage.
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 45, Orchard Grove, Dudley, 11.9% of residents are recorded as possessing school level qualifications and 18.3% 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 45, Orchard Grove, Dudley, the average age was 44.6 and the most common age was 57.
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 45, Orchard Grove, Dudley, 1.4% 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 45, Orchard Grove, Dudley, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.