12, Spout Lane
12, Spout Lane
Description & Estimates
According to the public record, 12, Spout Lane, Walsall is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Spout Lane, Walsall is £88,432 and the estimated rental value is £542 per month.
Spout Lane, Walsall, WS1 is located in the borough of Walsall within the WS1 postal district.
Our Data Sources
12, Spout Lane, Walsall has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 12, Spout Lane, Walsall is in very good condition we estimate a sale value of £92,853 and a rental value of £569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,241 and a rental value of £504 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Spout Lane, Walsall has moved down by £545 (0.6%), while its estimated rental value has increased by £9 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
12, Spout Lane, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 12, Spout Lane, Walsall was last sold on 25th March 2022 for £67,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has risen by 22.2%.
- Sold Mar 2022£67,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Spout Lane, Walsall within a radius of 380 metres over the last 2 years.
The most recent example is 27, Spout Lane, Walsall, WS1 4HU, a leasehold flat which sold for £86,000 on the 8th March 2024.
Read more about house prices in WS1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spout Lane, Walsall, WS1 has a total of 50 addresses. According to our analysis of all the public data, 12, Spout Lane, Walsall is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in WS1.
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Schools Nearby
- 200mCaldmore Primary Academy
- 300mPalfrey Infant School
- 400mPalfrey Junior School
- 900mWalsall Studio School
- 900mBlue Coat Church of England Academy
- 1.1kmJoseph Leckie Academy
More reading links
Public Transport Nearby
The closest station to 12, Spout Lane, Walsall is Walsall station, which is 1.1 kilometres away.
- 1.1kmWalsall
- 1.4kmBescot Stadium
- 2.5kmTame Bridge Parkway
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
