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According to the public record, 6, Wakelin Way, Lichfield is a modern freehold house with 1,259 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Wakelin Way, Lichfield is £446,812 and the estimated rental value is £1,826 per month.
Wakelin Way, Lichfield, WS13 is located in the borough of Lichfield within the WS13 postal district.
6, Wakelin Way, Lichfield has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated November 2020.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6, Wakelin Way, Lichfield is in very good condition we estimate a sale value of £469,153 and a rental value of £1,917 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,535 and a rental value of £1,698 per month.
Over the last 12 months the sale value of 6 Wakelin Way Lichfield has decreased by an estimated £3,772 (0.8%) and its rental value has increased by an estimated £60 per month (3.3%), giving an expected gross yield of 4.9%.
6, Wakelin Way, Lichfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, Wakelin Way, Lichfield was last sold on 11th December 2020 for £342,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Wakelin Way, Lichfield within a radius of 760 metres over the last 2 years.
The most recent example is 8, Wakelin Way, Lichfield, WS13 6UG, a freehold house which sold for £380,000 on the 28th June 2024.
Read more about house prices in WS13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakelin Way, Lichfield, WS13 has a total of 51 addresses. According to our analysis of all the public data, 6, Wakelin Way, Lichfield is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in WS13.
The closest station to 6, Wakelin Way, Lichfield is Lichfield City station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Wakelin Way, Lichfield, 45.2% of property is privately owned with a mortgage and 20.0% 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 6, Wakelin Way, Lichfield, 21.7% of residents are recorded as possessing school level qualifications and 43.4% 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 6, Wakelin Way, 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 6, Wakelin Way, Lichfield, 1.2% 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 6, Wakelin Way, Lichfield, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.