Property profile

55Summit Place

Map showing 55, Summit Place, Dudley

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£90,000

Flats sold in Gornal

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold03 Jul 2020
£70,000Change since last sale: +£22,000 (+31%)
Annualised change
+4.5% per yearDudley annualised change (flats) since 2020: +3.9% per yearThis property's value grew faster than the market
Price per sq ftLocal median £124 per sq ft
£170 per sq ftEstimate vs local median: +£46 per sq ft (+37%)
Local sold pricesMedian for flats in Gornal
£94,975Estimate vs local median: −£3,000 (−3.6%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Semi-Detached
TenureLeasehold
Construction period1950-1966
Floor area50 m² / 538 sq ft
Rooms2 habitable / 2 heated
Floor level1
EPC ratingC
EPC inspection05 Nov 2018

Sales history

DatePriceChange
03 Jul 2020£70,000+0%
12 May 2017£70,000-

Local market

Property prices in Gornal

Median price£250,000
Price per sq ft£276
Sales (last 12 months)135
Typical range (middle 50%)£200K – £288K

Based on 135 recent sales, the median property price is £250,000 (about £276 per square foot) in Gornal area, with individual transactions ranging from £92,500 up to £460,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Gornal over the last year.
TypeSalesMedian£/sq ft
Detached30£322,500£293
Semi-Detached73£246,000£269
Terraced28£203,500£269
Flats4£94,975£124

10-year price trendmedian sale price in Gornal

Sale price

Ten year median sale price trend for each property type in Gornal.
YearDetachedFlatsSemi-DetachedTerraced
2016£214,975£54,500£129,000£124,000
2017£236,750£65,200£160,000£129,950
2018£239,000£70,000£165,500£139,825
2019£250,000£70,750£175,500£135,000
2020£269,000£70,000£196,225£128,000
2021£287,475£90,000£200,000£174,000
2022£309,475£96,975£227,500£186,250
2023£302,475£127,500£216,250£185,000
2024£300,000£93,750£225,000£197,500
2025£327,500£95,000£250,000£208,500
2026£332,475£96,000£235,000£188,000
Ten year median sale price trend for each property type in Gornal.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Gornal.
YearDetachedFlatsSemi-DetachedTerraced
2016£196£64£169£155
2017£208£121£177£178
2018£224£105£195£168
2019£218£138£195£182
2020£248£111£215£165
2021£268£133£235£225
2022£280£178£253£235
2023£289£195£241£234
2024£288£178£253£253
2025£304£192£277£275
2026£291£272£259
Ten year median sale price per square foot trend for each property type in Gornal.

Price distribution by property typelast 12 months

Price distribution by property type for Gornal in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near DY3 2TQ.

Recent sold properties in the last 18 months near DY3 2TQ
DateAddressTypeTenurePriceMap
11 Jul 20259, Kettles Bank Road, Dudley, DY3 2THSemi-DetachedFreehold£310,000
18 Jul 202529, Hopyard Lane, Dudley, DY3 2XDDetachedFreehold£420,000
25 Jul 20255, Musk Lane, Dudley, DY3 2UGSemi-DetachedFreehold£257,000
26 Feb 20262C, Hopyard Lane, Dudley, DY3 2XGSemi-DetachedFreehold£282,000
29 Jun 20264, Louise Street, Dudley, DY3 2UBTerracedFreehold£120,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1, Summit Place, DudleyFreehold92 m²£200,000 (2014)
1A, Summit Place, DudleyFreehold96 m²£285,000 (2021)
9B, Summit Place, DudleyFreehold61 m²£138,500 (2020)
15 Summit Place, Lower Gornal, Lower GornalFreehold143 m²£386,000 (2022)
17, Summit Place, DudleyFreehold72 m²£240,000 (2018)
19 Summit Place, DudleyFreehold64 m²£220,000 (2024)
23 Summit Place, Lower Gornal, Lower Gornal-36 m²-
25, Summit Place, Dudley-36 m²-
27 Summit Place, Lower Gornal, Dudley-32 m²-
29 Summit Place, Lower Gornal, Dudley-32 m²-

Area insights for DY3 2TQ

Full area profile →

Overview

Postcode DY3 2TQ is located in a major urban area, within the Gornal ward of Dudley in the West Midlands region, and forms part of the Lower Gornal & The Straits area. It has high deprivation and high crime levels, with around 97.7 crimes per 1,000 residents per year, in line with the West Midlands average of 97 per 1,000. The average income per household in Lower Gornal & The Straits is £43,546 per year. The nearest station is Coseley, about 2.9 miles away. There are 5 primary and 1 secondary schools in the area. There are 2 parks nearby, the closest medium park is Summer Lane Playing Fields.

Crime rate
8/10
Crimes per 1k residents
98
Deprivation level
7/10
Income level
3/10
Social housing
24.8%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

7/10

Lower Gornal & The Straits has a high level of deprivation, ranked at position 12,366 out of 32,844 areas in the United Kingdom, placing it within the top 38% most deprived areas in England.

Crime level

8/10

Lower Gornal & The Straits has a high crime rate, with approximately 97.7 reported incidents per 1,000 population each year.

Social housing

24.8%

Approximately 24.8% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 15.5% of dwellings are socially rented.

Income level

3/10

The average income per household in Lower Gornal & The Straits is £43,546 per year.

Noise Level

No noise

No significant noise sources from railways or roads near DY3 2TQ.

Flood risk

No risk

Lower Gornal & The Straits near DY3 2TQ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Coseley located about 2.9 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for DY3 2TQ
DistanceNameSizeDirections
0.3 miSummer Lane Playing FieldsMediumWalking directions to Summer Lane Playing Fields
0.2 miGuy's Lane Open SpaceMediumWalking directions to Guy's Lane Open Space

Area Profile

Population
266
Population density
4,619.4 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
40.37(+4%)
Shoplifting
38.95(+348%)
Anti-social behaviour
22.66(+110%)
Criminal damage and arson
12.75(+75%)
Public order
11.33(+87%)
West Midlands average

Demographics

Ethnic groups

British
250
94.34%
Other Asian
7
2.64%
Other White
4
1.51%
Indian
3
1.13%
Pakistani
1
0.38%
Total population: 265

Economics

Education (age 16+)

No qualifications
70
30.04%
Level 4+ (Degree)
59
25.32%
Level 3 (A level)
34
14.59%
Level 1 (GCSEs 3-1)
26
11.16%
Level 2 (GCSEs 9-4)
23
9.87%
Total 16+ residents: 233

Housing

Housing tenure

Owns outright
57
40.43%
Owns with a mortgage
37
26.24%
Social rents from council
19
13.48%
Other social rented
16
11.35%
Private landlord or letting agency
7
4.96%
Total households: 141

Schools

In the DY3 2TQ postcode area, located within Lower Gornal & The Straits, there are 5 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for DY3 2TQ
DistancePhaseNameTypeRating
0.3 miPrimaryRed Hall Primary SchoolCommunity school

Good

0.6 miNot applicableThe King Alfred SchoolOther independent school

Good

0.7 miSecondaryEllowes Hall Sports CollegeAcademy converter

Good

Local amenities

1 nearby supermarkets & convenience stores within mi of DY3 2TQ

Nearby supermarkets & convenience stores for DY3 2TQ
DistanceNameAddressDirections
0.2 miSainsbury's LocalLouise Street, Dudley, DY3 2UBWalking directions to Sainsbury's Local