Connells says ..
** OPPORTUNITY TO PURCHASE LAND IN THE MUCH SOUGHT AFTER AREA OF LOWER GORNAL ** PLEASE CONTACT AGENT FOR MORE DETAILS ON PREVIOUS PLANNING APPLICATION GRANTED **
Property Oracle says ..
This property listing presents an opportunity to acquire a plot of land located in Lower Gornal, Dudley. The land is currently overgrown and requires preparation before construction can commence, making the property’s condition far from ideal. The area offers a good mix of amenities including several primary schools of which one has received a good Ofsted rating. Transport links, while not immediately close, are reasonable.
The list price, at £150,000, should be considered within the context of the necessary ground works required to make the land suitable for development. Nearby property prices vary significantly, suggesting a degree of fluctuation in the market. While the size of the plot seems suitable, the lack of specific square footage details and the condition of the land make a precise valuation challenging. The planning permission process, associated costs, and eventual buildability of the land will be crucial factors in determining the true overall property value. Further investigation into the planning permission status and site survey costs should be sought before purchase, ensuring the viability of any project.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 6
- Land
- 5
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,687.35
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 297,989.00 £Increased by 15.56 %
- Est sale value
- 617,570.10 £Increased by 53.78 %
- Average area rental value
- 1,052.00 £/moIncreased by 9.81 %
- Est letting value
- 1,687.35 £/mo
- Est rental Yield
- 4.24 %Decreased by 4.93 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Gornal Children'S Centre | Children's Centre | 0.22 KM | |
| Roberts Primary School | Community School | Good | 0.27 KM |
| The King Alfred School | Other Independent School | 0.57 KM | |
| Milking Bank Primary School | Community School | Good | 0.83 KM |
| Red Hall Primary School | Community School | Requires improvement | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Jew's Lane | £ 0 | 0 | 0.00 KM |
| Winchcombe Close | £ 0 | 0 | 0.00 KM |
| Cricket Meadow | £ 156,650 | 0 | 0.00 KM |
| Rock Street | £ 107,499 | 0 | 0.00 KM |
| Windmill Street | £ 214,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Coseley | 1143 | CSY | 4.43 KM |
| Tipton | 1159 | TIP | 5.84 KM |
| Cradley Heath | 4639 | CRA | 6.46 KM |
| Lye (West Midlands) | 4640 | LYE | 6.80 KM |
| Wolverhampton | 1218 | WVH | 7.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Deepdale Lane, Dudley | £ 255,000 | BUY | Unknown | 0.00 KM |
| Deepdale Lane, Dudley | £ 150,000 | BUY | 5 / 10 | 0.00 KM |
| Deepdale Lane, Lower Gornal | £ 239,950 | BUY | 7 / 10 | 0.01 KM |
| Regency Court, Dibdale Road West, Dudley | £ 234,950 | BUY | 5 / 10 | 0.22 KM |
| Robert Street, Lower Gornal | £ 284,950 | BUY | 7 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 80 Deepdale Lane | £ 220,000 | 0.00 KM |
| 4 Deepdale Lane | £ 160,000 | 0.00 KM |
| 28 Deepdale Lane | £ 230,000 | 0.00 KM |
| 20 Deepdale Lane | £ 136,500 | 0.00 KM |
| 8 Deepdale Lane | £ 270,000 | 0.00 KM |