62, Water Reed Grove
62, Water Reed Grove
Description & Estimates
Public records show 62, Water Reed Grove, Walsall to be a modern freehold house with 667 ft2 of internal area, sitting on a 157 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
62, Water Reed Grove, Walsall has an estimated sale value of £186,864 and an estimated rental value of £987 per month, assuming reasonable condition and based on the information available.
Water Reed Grove, Walsall, WS2 lies in the borough of Walsall, within the WS2 postal district.
Our Data Sources
62, Water Reed Grove, Walsall has 2 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated April 2022.
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
In very good condition, we estimate 62, Water Reed Grove, Walsall would be worth £196,207, with a potential rental value of £1,036 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £173,784, with a rental value of £918 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 62, Water Reed Grove, Walsall has risen by £7,777 (4.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £57 (5.8%). The property's estimated gross yield is currently 6.3%.
Plot Size
62, Water Reed Grove, Walsall occupies a 157 m2 plot as recorded by HM Land Registry.
Of the 41 other houses in this postcode, 35 have recorded plot sizes, and this one ranks as the 23rd largest.
Energy Efficiency
62, Water Reed Grove, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
62, Water Reed Grove, Walsall last changed hands on 30th April 2018, selling for £113,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 47.4% since April 2018.
- Sold Apr 2018£113,000
- Sold Apr 2012£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 62, Water Reed Grove, Walsall across the last 2 years.
Most recently, 60, Water Reed Grove, Walsall, WS2 7AE, a freehold house, sold at £187,500 on the 18th October 2024.
Read more about house prices in WS2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 62, Water Reed Grove, Walsall as the 64th largest and the 65th most expensive of the 124 addresses on Water Reed Grove, Walsall, WS2.
Against the WS2 postcode district average, it is £6k more expensive than the typical property.
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Schools Nearby
- 600mLeamore Primary School
- 800mField Road Academy
- 900mChrist Church Church of England Primary School
- 1.8kmWillenhall E-ACT Academy
- 1.8kmWalsall Academy
- 2.9kmQueen Mary's High School
More reading links
Public Transport Nearby
Bloxwich station is the nearest stop to 62, Water Reed Grove, Walsall at 1.2 kilometres away.
- 1.2kmBloxwich
- 2.2kmBloxwich North
- 3.0kmWalsall
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
