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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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5, Gilbert Close, Lichfield is recorded publicly as a modern freehold house across 1,291 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Gilbert Close, Lichfield is £432,616 and its rental estimate is £1,687 per month, given the available information and assuming reasonable condition.
Gilbert Close, Fradley, Lichfield, WS13 falls within the WS13 postal district, in the borough of Lichfield.
5, Gilbert Close, Lichfield has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated August 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.
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 5, Gilbert Close, Lichfield, we estimate a market value of £454,247 and a rental value of £1,772 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £402,333 and £1,569 per month respectively.
Over the last year, 5, Gilbert Close, Lichfield has seen its estimated sale value grow by £2,059 (0.5%) and its estimated rental value climb by £62 per month (3.7%). This results in an estimated gross rental yield of 4.7%.
5, Gilbert Close, Lichfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Gilbert Close, Lichfield completed on 30th August 2024 at £439,995 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 risen by 4.8% over the period since August 2024.
Over the past 2 years 3 properties similar to 5, Gilbert Close, Lichfield have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 11, Gilbert Close, Lichfield, WS13 8ZX, a freehold house which sold for £449,995.
Read more about house prices in WS13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Gilbert Close, Fradley, Lichfield, WS13, 5, Gilbert Close, Lichfield comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £98k more expensive than the average property across the WS13 district.
From 5, Gilbert Close, Lichfield, the nearest station is Lichfield Trent Valley, 4.3 kilometres away.
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 5, Gilbert Close, Lichfield, 47.9% of property is privately owned with a mortgage and 38.7% is privately owned outright.
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 5, Gilbert Close, Lichfield, 23.4% of residents are recorded as possessing school level qualifications and 46.5% 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 5, Gilbert Close, Lichfield, the average age was 43.6 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 5, Gilbert Close, Lichfield, 1.3% 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 5, Gilbert Close, Lichfield, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
