4 The Mills, Mill Bank
4 The Mills, Mill Bank
Description & Estimates
According to the public record, 4 The Mills, Mill Bank, Stafford is a modern leasehold apartment with 409 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 4 The Mills, Mill Bank, Stafford is £90,776 and the estimated rental value is £593 per month.
Mill Bank, Stafford, ST16 is located in the borough of Stafford within the ST16 postal district.
Our Data Sources
4 The Mills, Mill Bank, Stafford has 2 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 4 The Mills, Mill Bank, Stafford is in very good condition we estimate a sale value of £95,315 and a rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,422 and a rental value of £552 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4 The Mills, Mill Bank, Stafford has grown by £664 (0.7%), while its estimated rental value has climbed by £22 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
4 The Mills, Mill Bank, Stafford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 4 The Mills, Mill Bank, Stafford was last sold on 13th January 2020 for £79,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2020, the market for similar properties has dropped by 2.2%.
- Sold Jan 2020£79,000
- Sold Oct 2011£74,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 The Mills, Mill Bank, Stafford within a radius of 680 metres over the last 2 years.
The most recent example is 1 The Mills, Mill Bank, Stafford, ST16 2QZ, a leasehold flat which sold for £180,000 on the 22nd March 2024.
Read more about house prices in ST16.
- Sold Mar 2024£180,000 | 2 Bed Flat1 The Mills, Mill Bank, Stafford, ST16 2QZ1 The Mills, Mill Bank, Stafford, ST16 2QZ
- Sold Sep 2022£88,000 | 1 Bed Flat12 The Mills, Mill Bank, Stafford, ST16 2QZ12 The Mills, Mill Bank, Stafford, ST16 2QZ
- Sold Feb 2022£110,000 | 1 Bed FlatFlat 7, The Old Library, Lichfield Road, Stafford, ST17 4JXFlat 7, The Old Library, Lichfield Road, Stafford, ST17 4JX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mill Bank, Stafford, ST16 has a total of 27 addresses. According to our analysis of all the public data, 4 The Mills, Mill Bank, Stafford is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in ST16.
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Schools Nearby
- 500mSt Austin's Catholic Primary School and Nursery
- 600mSt Paul's Church of England Primary School
- 1.1kmJohn Wheeldon Primary Academy
- 700mBlessed William Howard Catholic School
- 1.4kmKing Edward VI High School
- 2.1kmStafford Manor High School
More reading links
Public Transport Nearby
The closest station to 4 The Mills, Mill Bank, Stafford is Stafford station, which is 400 metres away.
- 400mStafford
- 9.0kmPenkridge
- 11.8kmStone (Staffs)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be high.
