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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 242, Lichfield Road, Willenhall is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 875 ft2 of internal area and sits on a 265 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 242, Lichfield Road, Willenhall is £225,658 and the estimated rental value is £1,179 per month.
Lichfield Road, Willenhall, WV12 is located in the borough of Walsall within the WV12 postal district.
242, Lichfield Road, Willenhall has a single entry in the Land Registry from October 2014 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 2 out of 5 and is considered of medium 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 242, Lichfield Road, Willenhall is in very good condition we estimate a sale value of £236,940 and a rental value of £1,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,861 and a rental value of £1,096 per month.
Over the last 12 months the sale value of 242 Lichfield Road Willenhall has increased by an estimated £6,652 (2.9%) and its rental value has increased by an estimated £48 per month (4.1%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 242, Lichfield Road, Willenhall sits on a plot of 265m2.
We have plot size data on 14 out of 14 other houses in the postcode and 242, Lichfield Road, Willenhall sits on the 4th largest plot.
According to HM Land Registry, 242, Lichfield Road, Willenhall was last sold on 7th October 2014 for £107,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has risen 112.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242, Lichfield Road, Willenhall within a radius of 560 metres over the last 2 years.
The most recent example is 238, Lichfield Road, Willenhall, WV12 5BG, a freehold house which sold for £246,000 on the 20th August 2021.
Read more about house prices in WV12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lichfield Road, Willenhall, WV12 has a total of 225 addresses. According to our analysis of all the public data, 242, Lichfield Road, Willenhall is the 103rd largest and the 58th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in WV12.
The closest station to 242, Lichfield Road, Willenhall is Bloxwich station which is 1.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 242, Lichfield Road, Willenhall, 36.3% of property is socially rented and 28.8% 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 242, Lichfield Road, Willenhall, 17.2% of residents are recorded as possessing school level qualifications and 20.5% 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 242, Lichfield Road, Willenhall, the average age was 39.6 and the most common age was 2.
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 242, Lichfield Road, Willenhall, 0.4% 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 242, Lichfield Road, Willenhall, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
