28, Spout Lane
28, Spout Lane
Description & Estimates
The public record describes 28, Spout Lane, Walsall as a modern apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
28, Spout Lane, Walsall has an estimated sale value of £74,643 and an estimated rental value of £523 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.
Our Data Sources
28, Spout Lane, Walsall has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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.
Price Range & Condition
In very good condition, we estimate 28, Spout Lane, Walsall would be worth £78,375, with a potential rental value of £549 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £69,418, with a rental value of £486 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 28, Spout Lane, Walsall has moved down by £460 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £9 (1.7%). The property's estimated gross yield is currently 8.4%.
Energy Efficiency
28, Spout Lane, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 390 metres of 28, Spout Lane, Walsall across the last 2 years.
Most recently, Rear Of 54, West Bromwich Street, Walsall, WS1 4DB, a leasehold flat, sold at £199,950 on the 21st November 2022.
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
Our analysis of the public data ranks 28, Spout Lane, Walsall as the 47th largest and the 47th most expensive of the 50 addresses on Spout Lane, Walsall, WS1.
Against the WS1 postcode district average, it is £106k less expensive than the typical property.
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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
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Public Transport Nearby
Walsall station is the nearest stop to 28, Spout Lane, Walsall at 1.1 kilometres away.
- 1.1kmWalsall
- 1.4kmBescot Stadium
- 2.5kmTame Bridge Parkway
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.
