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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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56, Water Reed Grove, Walsall is recorded publicly as a modern freehold house across 667 ft2 of internal area, sitting on a 102 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 56, Water Reed Grove, Walsall is £186,864 and its rental estimate is £987 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.
56, Water Reed Grove, Walsall has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated July 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 56, Water Reed Grove, Walsall, we estimate a market value of £196,207 and a rental value of £1,036 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,784 and £918 per month respectively.
Over the last year, 56, Water Reed Grove, Walsall has seen its estimated sale value climb by £7,777 (4.2%) and its estimated rental value rise by £57 per month (5.8%). This results in an estimated gross rental yield of 6.3%.
HM Land Registry records the plot of land for 56, Water Reed Grove, Walsall as measuring 102 m2.
That makes it the 36th largest plot in the postcode, where 35 of the 41 other houses have recorded plot data.
56, Water Reed Grove, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2024.
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 56, Water Reed Grove, Walsall completed on 3rd April 2013 at £105,000 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 87.3% over the period since April 2013.
Over the past 2 years 3 properties similar to 56, Water Reed Grove, Walsall have sold within a radius of 630 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.
Of the 124 addresses on Water Reed Grove, Walsall, WS2, 56, Water Reed Grove, Walsall comes out as the 65th largest and the 66th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the WS2 district.
From 56, Water Reed Grove, Walsall, the nearest station is Bloxwich, 1.2 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 56, Water Reed Grove, Walsall, % of property is and % is .
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 56, Water Reed Grove, Walsall, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 56, Water Reed Grove, 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 56, Water Reed Grove, Walsall, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
