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According to the public record, 34, Spout Lane, Walsall is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 34, Spout Lane, Walsall is £89,560 and the estimated rental value is £541 per month.
Spout Lane, Walsall, WS1 is located in the borough of Walsall within the WS1 postal district.
34, Spout Lane, Walsall has 2 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated November 2024.
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 34, Spout Lane, Walsall is in very good condition we estimate a sale value of £94,038 and a rental value of £568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,291 and a rental value of £503 per month.
Over the past 12 months, the estimated sale value of 34, Spout Lane, Walsall has declined by £552 (0.6%), while its estimated rental value has climbed by £9 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 7.2%.
34, Spout Lane, Walsall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2024.
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, 34, Spout Lane, Walsall was last sold on 16th January 2019 for £74,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2019, the market for similar properties has risen by 49.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Spout Lane, Walsall within a radius of 390 metres over the last 2 years.
The most recent example is 27, Spout Lane, Walsall, WS1 4HU, a leasehold flat which sold for £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.
Spout Lane, Walsall, WS1 has a total of 50 addresses. According to our analysis of all the public data, 34, Spout Lane, Walsall is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in WS1.
The closest station to 34, Spout Lane, Walsall is Walsall station, which is 1.1 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 34, 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 34, 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 34, 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 34, 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 34, 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.
