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According to the public record, 40, Pear Tree Lane, Walsall is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,103 ft2 of internal area and sits on a 690 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Pear Tree Lane, Walsall is £263,161 and the estimated rental value is £1,248 per month.
Pear Tree Lane, Walsall, WS8 is located in the borough of Walsall within the WS8 postal district.
40, Pear Tree Lane, Walsall has 41 entries in the Land Registry , most recently in April 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 40, Pear Tree Lane, Walsall is in very good condition we estimate a sale value of £276,320 and a rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,740 and a rental value of £1,161 per month.
Over the last 12 months the sale value of 40 Pear Tree Lane Walsall has increased by an estimated £1,905 (0.7%) and its rental value has increased by an estimated £40 per month (3.2%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 40, Pear Tree Lane, Walsall sits on a plot of 690m2.
We have plot size data on 12 out of 18 other houses in the postcode and 40, Pear Tree Lane, Walsall sits on the 2nd largest plot.
According to HM Land Registry, 40, Pear Tree Lane, Walsall was last sold on 19th April 2013 for £172,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since April 2013, the market for similar properties has risen 110.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Pear Tree Lane, Walsall within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 31, Pear Tree Lane, Walsall, WS8 7NF, a leasehold house which sold for £290,000 on the 20th October 2023.
Read more about house prices in WS8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pear Tree Lane, Walsall, WS8 has a total of 18 addresses. According to our analysis of all the public data, 40, Pear Tree Lane, Walsall is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in WS8.
The closest station to 40, Pear Tree Lane, Walsall is Landywood station which is 4.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Pear Tree Lane, Walsall, 34.5% of property is privately owned outright and 30.1% is socially 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 40, Pear Tree Lane, Walsall, 11.7% of residents are recorded as possessing school level qualifications and 17.7% 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 40, Pear Tree Lane, Walsall, the average age was 40.3 and the most common age was 52.
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 40, Pear Tree 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 40, Pear Tree Lane, Walsall, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
