According to the public record, 107, Gorsey Lane, Walsall is a mid-century freehold house and with 1,097 ft2 of internal area and sits on a 356 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gorsey Lane, Great Wyrley, Walsall, WS6 is located in the borough of South Staffordshire within the WS6 postal district.
107, Gorsey Lane, Walsall has a single entry in the Land Registry database from June 2021 and no records in the EPC database.
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 107 Gorsey Lane Walsall as £284,233 and the rental value as £1,257 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 107 Gorsey Lane Walsall has increased by £4,746 (1.7%) and its rental value has increased by £51 per month (4.0%).
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 107, Gorsey Lane, Walsall is in very good condition we estimate a sale value of £298,445 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,337 and a rental value of £1,169 per month.
If you were able to purchase this property for the estimated value of £284,233, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,397 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, 107, Gorsey Lane, Walsall sits on a plot of 356m2.
We have plot size data on 37 out of 53 other houses in the postcode and 107, Gorsey Lane, Walsall sits on the 2nd largest plot.
According to HM Land Registry, 107, Gorsey Lane, Walsall was last sold on 04 Jun 2021 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 107, Gorsey Lane, Walsall within a radius of 110m over the last 2 years.
The most recent example is 23, Holly Lane, Walsall, WS6 6AQ, a Freehold house which sold for £265,000 in Oct 2022.
Read more about house prices in WS6.
Gorsey Lane, Great Wyrley, Walsall, WS6 has a total of 114 addresses. According to our analysis of all the public data, 107, Gorsey Lane, Walsall is the 8th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in WS6.
107, Gorsey Lane, Walsall has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Feb 2021.
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 107, Gorsey Lane, Walsall is Landywood station which is 700 m 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 107, Gorsey Lane, Walsall, 48.3% of property is privately owned with a mortgage and 27.3% 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 107, Gorsey Lane, Walsall, 20.7% of residents are recorded as possessing school level qualifications and 22.5% 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 107, Gorsey Lane, Walsall, the average age was 44.6 and the most common age was 52.
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 107, Gorsey Lane, Walsall, 1.7% 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 107, Gorsey Lane, Walsall, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.