Area Guide For Stourbridge

Stourbridge is an extensive town in the Metropolitan Borough of Dudley, in the West Midlands of England. Generally a piece of Worcestershire, Stourbridge was a focal point of glass making, and today incorporates the suburbs of Amblecote, Hagley, Lye, Norton, Oldswinford, Pedmore, Wollaston, Wollescote and Wordsley. The populace, as recorded in the United Kingdom Census 2001, was 55,480. Stourbridge is incorporated in the Stourbridge parliamentary body electorate, as of now held by Margot James of the Conservative Party. There is additionally a complex system of transport courses, both interurban and neighborhood.


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Estimated Price: £238,951
Average Asking Price: £238,131
Price change in last one year: £12,846
Average Price Paid: £206,475
Average Rent Rates: £683


Property Prices Breakdown in Stourbridge

Average Price for property in Stourbridge is around £238,951 which varies based on type of property you are interested in and ranges from £370,160 for detached house to around £188,648 for semi-detached. Similarly terraced house is around £158,151 and a flat is worth £136,029. Values have been changing and have risen £3,223 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,967 in last 6 months, £12,846 in last 1 year, £19,044 in last 2 years, £19,830 in last 3 years, £14,573 in last 4 years and £19,159 in last 5 years.

Currently average asking price of a property in Stourbridge is around £238,131 based on approximately 1,138 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £683 per month.

Estimated property value in Stourbridge is £238,951. Average asking price is £238,131 while average price paid is £199,319 which is up by £12,846 and Avg. asking rent £683.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Stourbridge area. In last 1 year alone average price buyer paid is around £199,319 based on approximately 1,138 sales in Stourbridge area alone. If you compare it to last 3 years sales of 3,155 properties where buyers paid around £204,550. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £206,475 for 5,150 and average amount paid for purchase of approx. 6,914 properties sold in last 7 years comes to about £203,838 per sale.


Properties For Sale in Stourbridge


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £104,920, £134,086 for a 2 bedroom house, £200,651 for a 3 bedroom house, £372,081 for a 4 bedroom house and £609,860 for a 5 bedroom house. For a flat similarly the prices varies from £101,775 for a single bedroom to £134,018 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £280,000. To sum up the asking prices for properties in Stourbridge it comes to around average £102,459 for 1 bedroom property, £134,061 for 2 bedroom, £200,651 for 3 bedroom, £370,885 for 4 bedroom and £609,860 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £406 for 1 bedroom to £546 for 2 bedrooms, £667 for 3 bedrooms, £1,096 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £536, £524 for 3 bedroom and £347 for 4 bedroom. You should be generally be expecting around average £388 rent per month for single bedroom property, £543 for 2 bedroom, £654 for 3 bedroom, £847 for 4 bedroom and approximately £949 for a 5 bedroom property in Stourbridge area.

Popular Houses in Stourbridge

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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