According to the public record, Apartment 3, Broadfield House, Kingswinford is a modern leasehold apartment with 1,091 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Broadfield House, Compton Drive, Kingswinford, DY6.
Compton Drive, Kingswinford, DY6 is located in the borough of Dudley within the DY6 postal district.
Apartment 3, Broadfield House, Kingswinford has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated July 2020.
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 good condition, we estimate the current sale value for Apartment 3 Broadfield House Kingswinford as £284,972 and the rental value as £1,237 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Apartment 3 Broadfield House Kingswinford has increased by £8,538 (3.0%) and its rental value has increased by £71 per month (5.8%).
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 Apartment 3, Broadfield House, Kingswinford is in very good condition we estimate a sale value of £299,221 and rental value of £1,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,024 and a rental value of £1,150 per month.
If you were able to purchase this property for the estimated value of £284,972, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,401 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, Apartment 3, Broadfield House, Kingswinford was last sold on 17 Jul 2020 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Apartment 3, Broadfield House, Kingswinford within a radius of 580 metres over the last 2 years.
The most recent example is Apartment 1, Broadfield House, Compton Drive, Kingswinford, DY6 9NS, a Leasehold flat which sold for £250,000 in Jun 2020.
Read more about house prices in DY6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Compton Drive, Kingswinford, DY6 has a total of 18 addresses. According to our analysis of all the public data, Apartment 3, Broadfield House, Kingswinford is the 14th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in DY6.
Apartment 3, Broadfield House, Kingswinford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 08 Jul 2020.
The property is not connected to mains gas and has some double glazing. It is heated using an electric boiler and radiators.
The closest station to Apartment 3, Broadfield House, Kingswinford is Stourbridge Town 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 Apartment 3, Broadfield House, Kingswinford, 58.7% of property is privately owned outright and 36.8% 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 Apartment 3, Broadfield House, Kingswinford, 15.6% of residents are recorded as possessing school level qualifications and 32.8% 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 Apartment 3, Broadfield House, Kingswinford, the average age was 46.2 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 Apartment 3, Broadfield House, Kingswinford, 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 Apartment 3, Broadfield House, Kingswinford, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.