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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Richard Road, Walsall is £447,346 and the estimated rental value is £1,846 per month.
Richard Road, Walsall, WS5 is located in the borough of Walsall within the WS5 postal district.
2, Richard Road, Walsall has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated July 2020.
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.
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 2, Richard Road, Walsall is in very good condition we estimate a sale value of £469,713 and a rental value of £1,939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,032 and a rental value of £1,717 per month.
Over the last 12 months the sale value of 2 Richard Road Walsall has increased by an estimated £1,000 (0.2%) and its rental value has increased by an estimated £39 per month (2.1%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Richard Road, Walsall sits on a plot of 565m2.
We have plot size data on 21 out of 22 other houses in the postcode and 2, Richard Road, Walsall sits on the 13th largest plot.
2, Richard Road, Walsall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Richard Road, Walsall was last sold on 4th March 2021 for £375,100 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Richard Road, Walsall within a radius of 670 metres over the last 2 years.
The most recent example is 9, Richard Road, Walsall, WS5 3QW, a freehold house which sold for £415,000 on the 22nd May 2024.
Read more about house prices in WS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richard Road, Walsall, WS5 has a total of 22 addresses. According to our analysis of all the public data, 2, Richard Road, Walsall is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in WS5.
The closest station to 2, Richard Road, Walsall is Walsall station which is 2.5 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Richard Road, Walsall, 66.7% of property is privately owned outright and 23.9% 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 2, Richard Road, Walsall, 19.3% of residents are recorded as possessing school level qualifications and 43.8% 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 2, Richard Road, Walsall, the average age was 44.1 and the most common age was 52.
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 2, Richard Road, Walsall, 1.3% 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 2, Richard Road, Walsall, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.