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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Cherrytree Close, Walsall is £739,059 and the estimated rental value is £3,181 per month.
Cherrytree Close, Walsall, WS1 is located in the borough of Walsall within the WS1 postal district.
7, Cherrytree Close, Walsall has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 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.
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 7, Cherrytree Close, Walsall is in very good condition we estimate a sale value of £776,012 and a rental value of £3,340 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £687,325 and a rental value of £2,958 per month.
Over the last 12 months the sale value of 7 Cherrytree Close Walsall has decreased by an estimated £16,414 (2.2%) and its rental value has increased by an estimated £2 per month (0.1%), giving an expected gross yield of 5.2%.
7, Cherrytree Close, Walsall has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Nov 2022.
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, 7, Cherrytree Close, Walsall was last sold on 9th December 2022 for £730,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Cherrytree Close, Walsall within a radius of 690 metres over the last 2 years.
The most recent example is 12, Cherrytree Close, Walsall, WS1 2BF, a freehold house which sold for £742,500 on the 20th November 2024.
Read more about house prices in WS1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrytree Close, Walsall, WS1 has a total of 14 addresses. According to our analysis of all the public data, 7, Cherrytree Close, Walsall is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £559k more expensive than the average property in WS1.
The closest station to 7, Cherrytree Close, Walsall is Walsall station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Cherrytree Close, Walsall, 34.0% of property is privately owned outright and 29.1% is privately owned with a mortgage.
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 7, Cherrytree Close, Walsall, 29.3% of residents are recorded as possessing school level qualifications and 20.2% 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 7, Cherrytree Close, Walsall, the average age was 39 and the most common age was 17.
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 7, Cherrytree Close, Walsall, 0.9% 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 7, Cherrytree Close, Walsall, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.