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House Prices on Melvyn Close, DY8 - What You Need to Know
Journey through the details of Melvyn Close in Stourbridge, and see how it stands out against the broader area and Stourbridge overall.
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Associated Postcodes:
DY8 3AL
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House Prices > Stourbridge > DY8 > Melvyn Close
Street’s Property Overview
Easy Essentials about Property Prices in Melvyn Close
- Since 2021, 2 homes on Melvyn Close have changed hands, with an average price of £193,400. The typical home here is around 635 square feet, giving a price of £305 per square foot.
- On Melvyn Close, home prices have zigzagged from £170,000 to £220,000, while square footage costs have drifted between £268 and £346.
- August 2023 stands as the date of the last house transaction on Melvyn Close.
Local Price Comparison
Price Breakdown: Melvyn Close and Surrounding Areas
By Sector
DY8 3
Melvyn Close properties offer a 31% lower price tag than the DY8 3 sector on average. (£253,800 vs £193,400). This suggests you could spend approximately £60,500 less by buying on Melvyn Close.
By District
i.e. DY8
Average property prices in Melvyn Close are 17% lower than those in the DY8 district. (£193,400 vs £225,900). This pricing pattern indicates that a home on Melvyn Close could be available at £32,600 below other district homes.
By City or Town
i.e. Stourbridge
Overall, Melvyn Close presents a 27% cost advantage over Stourbridge. (£193,400 vs £247,000). That’s £53,200 that won’t be disappearing into bricks and mortar.
Beyond the Basics of This Road
More Useful Facts About Melvyn Close
- All homes on Melvyn Close are pre-existing, with no new-builds present.
- At present, homes on Melvyn Close have an average EPC rating of 78 (C) and may reach 93 (A) with improvements.
- Homes on Melvyn Close measure an average of 635 square feet, placing them approximately 58% above the average size found across Stourbridge.
- On this particular street, new ownership tends to happen every 43 months, which is ahead of the 8.14 months district-wide trend.
Area Deals Decoded
How Stourbridge Homes Really Perform
Dreaming of buying or investing in Stourbridge? Uncover our expert tips on the best areas, real estate shifts, and strategies to seal a great deal.
Additionally, we’ve compiled year-on-year stats, price comparisons, and property breakdowns on the Stourbridge House Prices section of our site.
Quick Visits in the Area
A Closer Look at DY8
If DY8 is on your radar, these figures and observations offer a more textured, realistic snapshot.
570
No. of Roads
6,019
No. of Transactions
£300K
Avg. Property Price
963
per sq/ft
Avg. Property Size
£250
per sq/ft
Avg. Cost Per Sq/Ft
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Extra Roads to Consider
Popular Roads in DY8
DY8 Roads with Similar Prices
