According to the public record, 132, Old Town Lane, Walsall is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 672 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Old Town Lane, Walsall, WS3 is located in the borough of Walsall within the WS3 postal district.
132, Old Town Lane, Walsall has 31 entries in the Land Registry database, most recently in November 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 132 Old Town Lane Walsall as £112,812 and the rental value as £631 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 132 Old Town Lane Walsall has increased by £664 (0.6%) and its rental value has increased by £25 per month (3.9%).
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 132, Old Town Lane, Walsall is in very good condition we estimate a sale value of £118,453 and rental value of £662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,915 and a rental value of £587 per month.
If you were able to purchase this property for the estimated value of £112,812, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £554 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 HM Land Registry, 132, Old Town Lane, Walsall was last sold on 04 Nov 2016 for £91,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 42.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 132, Old Town Lane, Walsall within a radius of 335m over the last 2 years.
The most recent example is 29, Copse Crescent, Walsall, WS3 4EE, a Leasehold flat which sold for £95,000 in Feb 2018.
Read more about house prices in WS3.
Our network of Estate Agents report 1 let within a 469m radius of 132, Old Town Lane, Walsall over the last 2 years.
Most recently 69, Charles Crescent, Walsall, WS3 5BJ, a Freehold house let by Dan Richards - The Letting Experts for an undisclosed amount in Nov 2023.
Old Town Lane, Walsall, WS3 has a total of 66 addresses. According to our analysis of all the public data, 132, Old Town Lane, Walsall is the 61st largest and the 66th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in WS3.
The closest station to 132, Old Town Lane, Walsall is Bloxwich station which is 3.1 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 132, Old Town Lane, Walsall, 53.3% of property is socially rented and 19.2% is privately owned with a mortgage.
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 132, Old Town Lane, Walsall, 17.1% of residents are recorded as possessing school level qualifications and 18.1% 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 132, Old Town Lane, Walsall, the average age was 43.8 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 132, Old Town Lane, Walsall, 0.0% 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 132, Old Town Lane, Walsall, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.