According to the public record, 235, Lichfield Road, Willenhall is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 235, Lichfield Road, Willenhall, WV12.
Lichfield Road, Willenhall, WV12 is located in the borough of Walsall within the WV12 postal district.
235, Lichfield Road, Willenhall has 2 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated November 2016.
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 235 Lichfield Road Willenhall as £103,989 and the rental value as £590 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 235 Lichfield Road Willenhall has increased by £1,467 (1.4%) and its rental value has increased by £28 per month (4.8%).
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 235, Lichfield Road, Willenhall is in very good condition we estimate a sale value of £109,188 and rental value of £620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,710 and a rental value of £549 per month.
If you were able to purchase this property for the estimated value of £103,989, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £511 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, 235, Lichfield Road, Willenhall was last sold on 28 Aug 2015 for £69,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2015, the market for similar properties has risen 48.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 235, Lichfield Road, Willenhall within a radius of 530 metres over the last 2 years.
The most recent example is 237, Lichfield Road, Willenhall, WV12 5BE, a Leasehold flat which sold for £100,000 in Jan 2024.
Read more about house prices in WV12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lichfield Road, Willenhall, WV12 has a total of 223 addresses. According to our analysis of all the public data, 235, Lichfield Road, Willenhall is the 166th largest and the 178th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in WV12.
235, Lichfield Road, Willenhall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2016.
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 235, Lichfield Road, Willenhall is Bloxwich station which is 1.8 kilometres 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 235, Lichfield Road, Willenhall, 36.3% of property is socially rented and 28.8% is privately rented.
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 235, Lichfield Road, Willenhall, 17.2% of residents are recorded as possessing school level qualifications and 20.5% 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 235, Lichfield Road, Willenhall, the average age was 39.6 and the most common age was 2.
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 235, Lichfield Road, Willenhall, 0.4% 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 235, Lichfield Road, Willenhall, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.