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The public record describes 23, Spout Lane, Walsall as a mid-century apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
23, Spout Lane, Walsall has an estimated sale value of £89,560 and an estimated rental value of £541 per month, assuming reasonable condition and based on the information available.
Spout Lane, Walsall, WS1 lies in the borough of Walsall, within the WS1 postal district.
23, Spout Lane, Walsall has no records in the the Land Registry and a single entry in the EPC database dated November 2013.
We combine this information with public data 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.
In very good condition, we estimate 23, Spout Lane, Walsall would be worth £94,038, with a potential rental value of £568 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £83,291, with a rental value of £503 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 23, Spout Lane, Walsall has decreased by £552 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £9 (1.7%). The property's estimated gross yield is currently 7.2%.
23, Spout Lane, Walsall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 23, Spout Lane, Walsall across the last 2 years.
Most recently, 27, Spout Lane, Walsall, WS1 4HU, a leasehold flat, sold at £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.
Our analysis of the public data ranks 23, Spout Lane, Walsall as the 21st largest and the 21st most expensive of the 50 addresses on Spout Lane, Walsall, WS1.
Against the WS1 postcode district average, it is £91k less expensive than the typical property.
Walsall station is the nearest stop to 23, Spout Lane, Walsall at 1.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Spout Lane, Walsall, 49.3% of property is socially rented and 21.8% is privately rented.
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 23, Spout Lane, Walsall, 30.3% of residents are recorded as possessing school level qualifications and 19.0% 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 23, Spout Lane, Walsall, the average age was 32.3 and the most common age was 7.
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 23, Spout 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 23, Spout Lane, Walsall, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.