Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
5, Lema Way, Stafford is recorded publicly as a modern freehold house across 877 ft2 of internal area, sitting on a 350 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Lema Way, Stafford is £265,889 and its rental estimate is £1,076 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.
5, Lema Way, Stafford has 21 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated August 2011.
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 5, Lema Way, Stafford, we estimate a market value of £279,184 and a rental value of £1,130 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,277 and £1,001 per month respectively.
Over the last year, 5, Lema Way, Stafford has seen its estimated sale value increase by £1,373 (0.5%) and its estimated rental value grow by £31 per month (2.8%). This results in an estimated gross rental yield of 4.9%.
HM Land Registry records the plot of land for 5, Lema Way, Stafford as measuring 350 m2.
That makes it the 5th largest plot in the postcode, where all 23 other houses have recorded plot data.
5, Lema Way, Stafford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2011.
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 5, Lema Way, Stafford completed on 2nd December 2011 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 48.3% over the period since December 2011.
Over the past 2 years 3 properties similar to 5, Lema Way, Stafford have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2023, was 35, Morris Drive, Stafford, ST16 3YE, a freehold house which sold for £325,000.
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, 5, Lema Way, Stafford comes out as the 9th largest and the 11th most expensive in our analysis of the public data.
It is also £42k more expensive than the average property across the ST16 district.
From 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.
