According to the public record, 54, Broad Lane, Walsall is a mid-century freehold house and with 947 ft2 of internal area and sits on a 282 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Broad Lane, Pelsall, Walsall, WS4 is located in the borough of Walsall within the WS4 postal district.
54, Broad Lane, Walsall has 3 entries in the Land Registry database, most recently in April 2020 and a single entry in the EPC database dated February 2015.
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 54 Broad Lane Walsall as £214,292 and the rental value as £1,081 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 54 Broad Lane Walsall has increased by £8,866 (4.1%) and its rental value has increased by £79 per month (7.3%).
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 54, Broad Lane, Walsall is in very good condition we estimate a sale value of £225,007 and rental value of £1,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,291 and a rental value of £1,005 per month.
If you were able to purchase this property for the estimated value of £214,292, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,053 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, 54, Broad Lane, Walsall sits on a plot of 282m2.
We have plot size data on 21 out of 38 other houses in the postcode and 54, Broad Lane, Walsall sits on the 14th largest plot.
According to HM Land Registry, 54, Broad Lane, Walsall was last sold on 16 Apr 2020 for £166,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2020, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Broad Lane, Walsall within a radius of 112m over the last 2 years.
The most recent example is 58, Radford Drive, Walsall, WS4 1AE, a Freehold house which sold for £225,000 in Nov 2023.
Read more about house prices in WS4.
Broad Lane, Pelsall, Walsall, WS4 has a total of 96 addresses. According to our analysis of all the public data, 54, Broad Lane, Walsall is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in WS4.
54, Broad Lane, Walsall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2015.
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 54, Broad Lane, Walsall is Bloxwich station which is 4.0 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 54, Broad Lane, Walsall, 34.7% of property is privately owned outright and 29.8% is socially 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 54, Broad Lane, Walsall, 16.6% of residents are recorded as possessing school level qualifications and 19.2% 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 54, Broad Lane, Walsall, the average age was 42.3 and the most common age was 57.
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 54, Broad 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 54, Broad 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.