38 Wellspring Gardens, Dudley, DY2 8RL is a leasehold flat built in 2007 onwards. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £110,251 , which equates to approximately £177 per square foot. It was last sold on 21 Sep 2018 for £87,000. Since then, the value has increased by £23,251, representing a 26.7% increase, or approximately 3.7% per year.

The current estimated value of £110,251 is:

  • 48.0% lower than the average property price on Wellspring Gardens
  • 47.9% lower than the average in the DY2 8RL postcode area
  • and 53.0% lower than the average price for Dudley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 15 May 2017, the property was recorded as owner-occupied.

View sold house prices in DY2 8RL

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£110,251
Price Per sq ft (estimate)
£177
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Wellspring Gardens, Dudley, West Midlands, DY2 8RL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 15 May 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 May 2014, and the property received the same rating of B with an unchanged energy efficiency score of 82.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.32 w/m-¦k to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DY2 8RL

59 th / 61
Price Rank
48% lower than average
45 th / 61
Size Rank
26% smaller than average
57 th / 61
Price Per Sq FT Rank
30% lower than average

Compared to other properties in DY2 8RL , this flat's estimated value ranks 59th out of 61. Based on price per square foot, it ranks 57th out of 61 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 45th out of 61 properties in its postcode area.

Sale History

Today
£110,251
streetscan.co.uk estimate
+27 %
21 Sep 2018
£87,000
Leasehold
-3.3 %
21 Nov 2014
£89,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £102,500
sale date: 8 Oct 2021
rooms: 3
size: 689 sq ft
sale price: £93,000
sale date: 30 Sep 2016
rooms: 3
size: 592 sq ft
sale price: £89,995
sale date: 5 Dec 2014
rooms: 3
size: 646 sq ft
sale price: £104,995
sale date: 8 Aug 2014
rooms: 3
size: 592 sq ft
sale price: £102,995
sale date: 27 Jun 2014

Data Sources

The property at 38 Wellspring Gardens, Dudley, DY2 8RL appears two times in the Land Registry records, with the latest transaction recorded on 21 Sep 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 May 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.