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50, Insley Avenue, Lichfield is recorded publicly as a modern freehold house across 667 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 50, Insley Avenue, Lichfield is £314,916 and its rental estimate is £1,547 per month, given the available information and assuming reasonable condition.
Insley Avenue, Lichfield, WS14 falls within the WS14 postal district, in the borough of Lichfield.
50, Insley Avenue, Lichfield has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated July 2022.
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 50, Insley Avenue, Lichfield, we estimate a market value of £330,661 and a rental value of £1,624 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £292,871 and £1,438 per month respectively.
Over the last year, 50, Insley Avenue, Lichfield has seen its estimated sale value increase by £4,037 (1.3%) and its estimated rental value grow by £70 per month (4.5%). This results in an estimated gross rental yield of 5.9%.
50, Insley Avenue, Lichfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jul 2022.
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 50, Insley Avenue, Lichfield completed on 23rd June 2023 at £226,350 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 4.7% over the period since June 2023.
Over the past 2 years 3 properties similar to 50, Insley Avenue, Lichfield have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 5, Neville Drive, Lichfield, WS14 0FF, a freehold house which sold for £244,281.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 50 addresses on Insley Avenue, Lichfield, WS14, 50, Insley Avenue, Lichfield comes out as the 48th largest and the 48th most expensive in our analysis of the public data.
It is also £121k less expensive than the average property across the WS14 district.
From 50, Insley Avenue, Lichfield, the nearest station is Lichfield City, 1.7 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 50, Insley Avenue, Lichfield, 40.6% of property is privately owned with a mortgage and 29.4% 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 50, Insley Avenue, Lichfield, 15.0% of residents are recorded as possessing school level qualifications and 51.4% 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 50, Insley Avenue, Lichfield, the average age was 42.8 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 50, Insley Avenue, Lichfield, 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 50, Insley Avenue, Lichfield, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.