12, Water Reed Grove
12, Water Reed Grove
Description & Estimates
The public record lists 12, Water Reed Grove, Walsall as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
12, Water Reed Grove, Walsall has an estimated sale value of £96,457 and an estimated rental value of £593 per month, assuming reasonable condition and based on the information available.
Water Reed Grove, Walsall, WS2 lies in the borough of Walsall, within the WS2 postal district.
Our Data Sources
12, Water Reed Grove, Walsall has 2 entries in the Land Registry , most recently in June 2012 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 12, Water Reed Grove, Walsall would be worth £101,279, with a potential rental value of £623 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £89,705, with a rental value of £552 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Water Reed Grove, Walsall has declined by £595 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £10 (1.7%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
12, Water Reed Grove, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2008.
The property is not connected to mains gas and has windows. It is heated using SAP05:Main-Heating.
Sold Prices
12, Water Reed Grove, Walsall last changed hands on 1st June 2012, selling for £85,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 51.0% since June 2012.
- Sold Jun 2012£85,500
- Sold Oct 2008£90,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 12, Water Reed Grove, Walsall across the last 2 years.
Most recently, 14, Water Reed Grove, Walsall, WS2 7AE, a leasehold flat, sold at £81,000 on the 30th August 2024.
Read more about house prices in WS2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 12, Water Reed Grove, Walsall as the 77th largest and the 111th most expensive of the 124 addresses on Water Reed Grove, Walsall, WS2.
Against the WS2 postcode district average, it is £84k less expensive than the typical property.
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Schools Nearby
- 600mLeamore Primary School
- 800mField Road Academy
- 900mChrist Church Church of England Primary School
- 1.8kmWillenhall E-ACT Academy
- 1.8kmWalsall Academy
- 2.9kmQueen Mary's High School
More reading links
Public Transport Nearby
Bloxwich station is the nearest stop to 12, Water Reed Grove, Walsall at 1.2 kilometres away.
- 1.2kmBloxwich
- 2.2kmBloxwich North
- 3.0kmWalsall
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
