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According to the public record, 7, Homestead Close, Walsall is a modern freehold house with 1,819 ft2 of internal area and sits on a 370 m2 plot.
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, Homestead Close, Walsall is £625,654 and the estimated rental value is £2,630 per month.
Homestead Close, Walsall, WS4 is located in the borough of Walsall within the WS4 postal district.
7, Homestead Close, Walsall has 2 entries in the Land Registry , most recently in July 2023 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 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, Homestead Close, Walsall is in very good condition we estimate a sale value of £656,936 and a rental value of £2,762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £581,858 and a rental value of £2,446 per month.
Over the last 12 months the sale value of 7 Homestead Close Walsall has decreased by an estimated £18,096 (2.9%) and its rental value has increased by an estimated £14 per month (0.5%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 7, Homestead Close, Walsall sits on a plot of 370m2.
We have plot size data on 12 out of 12 other houses in the postcode and 7, Homestead Close, Walsall sits on the 9th largest plot.
7, Homestead Close, Walsall has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 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, 7, Homestead Close, Walsall was last sold on 21st July 2023 for £635,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2023, the market for similar properties has dropped 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Homestead Close, Walsall within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 11, Homestead Close, Walsall, WS4 2AD, a freehold house which sold for £560,000 on the 26th March 2021.
Read more about house prices in WS4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homestead Close, Walsall, WS4 has a total of 12 addresses. According to our analysis of all the public data, 7, Homestead Close, Walsall is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £411k more expensive than the average property in WS4.
The closest station to 7, Homestead Close, Walsall is Walsall station which is 2.1 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 7, Homestead Close, Walsall, 57.1% of property is privately owned outright and 29.8% 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, Homestead Close, Walsall, 13.4% of residents are recorded as possessing school level qualifications and 41.1% 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, Homestead Close, Walsall, the average age was 41.7 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 7, Homestead Close, Walsall, 0.6% 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, Homestead Close, Walsall, 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.
