According to the public record, 1, The Laurels, Tamworth is a modern leasehold house and with 1,539 ft2 of internal area and sits on a 156 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Laurels, Fazeley, Tamworth, B78 is located in the borough of Lichfield within the B78 postal district.
1, The Laurels, Tamworth has 3 entries in the Land Registry database, most recently in March 2020 and 2 entries in the EPC database, most recently in February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Laurels Tamworth as £350,098 and the rental value as £1,416 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 1 The Laurels Tamworth has decreased by £1,080 (0.3%) and its rental value has increased by £34 per month (2.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, The Laurels, Tamworth is in very good condition we estimate a sale value of £367,603 and rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,591 and a rental value of £1,317 per month.
If you were able to purchase this property for the estimated value of £350,098, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,721 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, The Laurels, Tamworth sits on a plot of 156m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, The Laurels, Tamworth sits on the largest plot.
According to HM Land Registry, 1, The Laurels, Tamworth was last sold on 06 Mar 2020 for £290,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2020, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Laurels, Tamworth within a radius of 228m over the last 2 years.
The most recent example is 8, The Laurels, Tamworth, B78 3EJ, a Freehold house which sold for £291,000 in Mar 2019.
Read more about house prices in B78.
The Laurels, Fazeley, Tamworth, B78 has a total of 77 addresses. According to our analysis of all the public data, 1, The Laurels, Tamworth is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in B78.
1, The Laurels, Tamworth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, The Laurels, Tamworth is Wilnecote (Staffs) station which is 1.9 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, The Laurels, Tamworth, 37.0% of property is privately owned with a mortgage and 32.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, The Laurels, Tamworth, 11.9% of residents are recorded as possessing school level qualifications and 29.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, The Laurels, Tamworth, the average age was 41.5 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, The Laurels, Tamworth, 1.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, The Laurels, Tamworth, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.