5, Water Reed Grove
5, Water Reed Grove
Description & Estimates
5, Water Reed Grove, Walsall is recorded publicly as a modern freehold house across 632 ft2 of internal area, sitting on a 143 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Water Reed Grove, Walsall is £189,017 and its rental estimate is £983 per month, given the available information and assuming reasonable condition.
Water Reed Grove, Walsall, WS2 falls within the WS2 postal district, in the borough of Walsall.
Our Data Sources
5, Water Reed Grove, Walsall has a single entry in the Land Registry from November 2008 and a single entry in the EPC database dated October 2008.
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.
Price Range & Condition
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, Water Reed Grove, Walsall, we estimate a market value of £198,468 and a rental value of £1,032 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £175,786 and £914 per month respectively.
Recent Market Change
Over the last year, 5, Water Reed Grove, Walsall has seen its estimated sale value grow by £7,867 (4.2%) and its estimated rental value climb by £57 per month (5.8%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 5, Water Reed Grove, Walsall as measuring 143 m2.
That makes it the 16th largest plot in the postcode, where 25 of the 28 other houses have recorded plot data.
Energy Efficiency
5, Water Reed Grove, Walsall has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Oct 2008.
The property is not connected to mains gas and has windows. It is heated using SAP05:Main-Heating.
Sold Prices
The most recent sale of 5, Water Reed Grove, Walsall completed on 28th November 2008 at £154,000 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 77.6% over the period since November 2008.
- Sold Nov 2008£154,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Water Reed Grove, Walsall have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 60, Water Reed Grove, Walsall, WS2 7AE, a freehold house which sold for £187,500.
Read more about house prices in WS2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 124 addresses on Water Reed Grove, Walsall, WS2, 5, Water Reed Grove, Walsall comes out as the 68th largest and the 63rd most expensive in our analysis of the public data.
It is also £9k more expensive than the average property across the WS2 district.
More reading links
Schools Nearby
- 700mLeamore Primary School
- 900mField Road Academy
- 900mChrist Church Church of England Primary School
- 1.7kmWillenhall E-ACT Academy
- 1.8kmWalsall Academy
- 2.9kmWest Walsall E-ACT Academy
More reading links
Public Transport Nearby
From 5, Water Reed Grove, Walsall, the nearest station is Bloxwich, 1.2 kilometres away.
- 1.2kmBloxwich
- 2.2kmBloxwich North
- 3.0kmWalsall
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
