40, Fernleigh Road
40, Fernleigh Road
Description & Estimates
Public records show 40, Fernleigh Road, Walsall to be a mid-century leasehold apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, Fernleigh Road, Walsall has an estimated sale value of £130,638 and an estimated rental value of £744 per month, assuming reasonable condition and based on the information available.
Fernleigh Road, Walsall, WS4 lies in the borough of Walsall, within the WS4 postal district.
Our Data Sources
40, Fernleigh Road, Walsall has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 40, Fernleigh Road, Walsall would be worth £137,170, with a potential rental value of £781 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £121,493, with a rental value of £692 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 40, Fernleigh Road, Walsall has grown by £140 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £13 (1.8%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
40, Fernleigh Road, Walsall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
40, Fernleigh Road, Walsall last changed hands on 23rd October 2020, selling for £106,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 28.0% since October 2020.
- Sold Oct 2020£106,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 920 metres of 40, Fernleigh Road, Walsall across the last 2 years.
Most recently, Flat E, 80, Mellish Road, Walsall, WS4 2EB, a leasehold flat, sold at £135,000 on the 7th February 2024.
Read more about house prices in WS4.
- Sold Feb 2024£135,000 | 2 Bed FlatFlat E, 80, Mellish Road, Walsall, WS4 2EBFlat E, 80, Mellish Road, Walsall, WS4 2EB
- Sold Jun 2019£105,000 | 2 Bed FlatFlat C, 80, Mellish Road, Walsall, WS4 2EBFlat C, 80, Mellish Road, Walsall, WS4 2EB
- Sold May 2019£105,000 | 2 Bed FlatFlat B, 80, Mellish Road, Walsall, WS4 2EBFlat B, 80, Mellish Road, Walsall, WS4 2EB
•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 40, Fernleigh Road, Walsall as the 35th largest and the 35th most expensive of the 36 addresses on Fernleigh Road, Walsall, WS4.
Against the WS4 postcode district average, it is £86k less expensive than the typical property.
More reading links
Schools Nearby
- 1.0kmChuckery Primary School
- 1.2kmButts Primary School
- 1.4kmBlue Coat Church of England Aided Junior School
- 1.1kmQueen Mary's High School
- 1.5kmBlue Coat Church of England Academy
- 1.5kmQueen Mary's Grammar School
More reading links
Public Transport Nearby
Walsall station is the nearest stop to 40, Fernleigh Road, Walsall at 1.8 kilometres away.
- 1.8kmWalsall
- 3.8kmBescot Stadium
- 4.4kmTame 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.
