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Flats Lane is a residential street with 8 addresses.
It ranks as the 85th largest and 86th most expensive of the 346 streets in the WS14 area.
The street contains a total of 8 properties: 8 flats.
Flats Lane is a residential street with 8 addresses.
It ranks as the 85th largest and 86th most expensive of the 346 streets in the WS14 area.
The street contains a total of 8 properties: 8 flats.
Sale prices range from £166,516 for 2 bedroom Leasehold flats (656 ft2) to £343,679 for 3 bedroom Leasehold flats with a garden (1,614 ft2) .
Monthly rental prices range from £1,019 pcm for 2 bed flats to £1,565 pcm for 3 bed flats.
The gross rental yield is between 5.1% and 7.3%.
The average value per square foot is £253.
The last sale on Flats Lane sold for £400,000 on 22nd July 2022. Since then prices are up an average of 2.8%.
The current average value in the street is £297,071.
The Flats Lane Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £297,071 |
| May 2025 | 3.4% | £299,086 |
| May 2024 | 1.6% | £289,158 |
| May 2023 | -0.6% | £284,646 |
| May 2022 | 7.8% | £286,328 |
| May 2021 | 3.1% | £265,716 |
| May 2020 | 2% | £257,670 |
| May 2019 | 0.9% | £252,607 |
| May 2018 | 2.4% | £250,257 |
| May 2017 | 2.1% | £244,426 |
| May 2016 | 5.8% | £239,432 |
| May 2015 | 6.2% | £226,257 |
| May 2014 | 5.5% | £212,959 |
| May 2013 | 1.5% | £201,788 |
| May 2012 | -1.8% | £198,903 |
| May 2011 | -2.1% | £202,651 |
| May 2010 | 6.4% | £206,948 |
| May 2009 | -11.9% | £194,579 |
| May 2008 | -1.5% | £220,834 |
| May 2007 | 0% | £224,113 |
The current average rental value in the street is £1,393.
The Flats Lane Rental Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £1,393pcm |
| May 2025 | 4.4% | £1,359pcm |
| May 2024 | 10.7% | £1,302pcm |
| May 2023 | 6.2% | £1,175pcm |
| May 2022 | 5.1% | £1,107pcm |
| May 2021 | 3.3% | £1,053pcm |
| May 2020 | 2.2% | £1,020pcm |
| May 2019 | -0.6% | £998pcm |
| May 2018 | 0.8% | £1,004pcm |
| May 2017 | -0.6% | £996pcm |
| May 2016 | 2.9% | £1,001pcm |
| May 2015 | 3.5% | £973pcm |
| May 2014 | 1.9% | £941pcm |
| May 2013 | 0% | £923pcm |
| May 2012 | 0.1% | £923pcm |
| May 2011 | 1.2% | £922pcm |
| May 2010 | 1.7% | £912pcm |
| May 2009 | -6.2% | £897pcm |
| May 2008 | 0.8% | £956pcm |
| May 2007 | 0% | £948pcm |
The last sale was on 22nd July 2022 for £400,000 and since then the market in the area has increased by 2.8%. The street has had a total of 5 sales since 1995.
Flats Lane, Lichfield, WS14 has seen no sales in the last three years and no sales in the last twelve months.
Flats Lane, Lichfield, WS14 is the 85th largest and the 86th most expensive street in the WS14 area.
There are 2 postcodes on Flats Lane, Lichfield, WS14.
The closest station to Flats Lane, Lichfield, WS14 is Shenstone station which is 3.9 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Flats Lane, Lichfield, WS14, 43.5% of property is privately owned outright and 34.1% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands 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 Flats Lane, Lichfield, WS14, 21.1% of residents are recorded as possessing school level qualifications and 32.6% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flats Lane, Lichfield, WS14, 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 Flats Lane, Lichfield, WS14, 0.9% 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 Flats Lane, Lichfield, WS14, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.