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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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4, Lema Way, Stafford is recorded publicly as a mid-century freehold house across 775 ft2 of internal area, sitting on a 195 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Lema Way, Stafford is £246,033 and its rental estimate is £1,025 per month, given the available information and assuming reasonable condition.
Lema Way, Stafford, ST16 falls within the ST16 postal district, in the borough of Stafford.
4, Lema Way, Stafford has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Lema Way, Stafford, we estimate a market value of £258,334 and a rental value of £1,076 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,810 and £953 per month respectively.
Over the last year, 4, Lema Way, Stafford has seen its estimated sale value grow by £1,271 (0.5%) and its estimated rental value climb by £29 per month (2.8%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 4, Lema Way, Stafford as measuring 195 m2.
That makes it the 20th largest plot in the postcode, where all 23 other houses have recorded plot data.
4, Lema Way, Stafford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Lema Way, Stafford completed on 2nd August 2024 at £225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.0% over the period since August 2024.
Over the past 2 years 3 properties similar to 4, Lema Way, Stafford have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th August 2023, was 32, Longhurst Drive, Stafford, ST16 3RG, a freehold house which sold for £270,000.
Read more about house prices in ST16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 23 addresses on Lema Way, Stafford, ST16, 4, Lema Way, Stafford comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the ST16 district.
From 4, Lema Way, Stafford, the nearest station is Stafford, 2.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Lema Way, Stafford, 56.9% of property is privately owned outright and 31.7% 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 4, Lema Way, Stafford, 12.1% of residents are recorded as possessing school level qualifications and 35.6% 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 4, Lema Way, Stafford, the average age was 41.9 and the most common age was 57.
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 4, Lema Way, Stafford, 1.5% 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 4, Lema Way, Stafford, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
