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By comparing it to neighbours, we estimate that it is a modern apartment with 641 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lakeside Close, Willenhall is £100,018 and the estimated rental value is £606 per month.
Lakeside Close, Willenhall, WV13 is located in the borough of Walsall within the WV13 postal district.
7, Lakeside Close, Willenhall has 21 entries in the Land Registry , most recently in October 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Lakeside Close, Willenhall is in very good condition we estimate a sale value of £105,019 and a rental value of £636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,017 and a rental value of £563 per month.
Over the last 12 months the sale value of 7 Lakeside Close Willenhall has increased by an estimated £952 (1.0%) and its rental value has increased by an estimated £18 per month (3.0%), giving an expected gross yield of 7.3%.
According to HM Land Registry, 7, Lakeside Close, Willenhall was last sold on 27th October 2009 for £79,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2009, the market for similar properties has risen 97.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lakeside Close, Willenhall within a radius of 840 metres over the last 2 years.
The most recent example is 1, Wellington Court 27, Wellington Place, Willenhall, WV13 3AA, a leasehold flat which sold for £135,000 on the 14th March 2019.
Read more about house prices in WV13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakeside Close, Willenhall, WV13 has a total of 50 addresses. According to our analysis of all the public data, 7, Lakeside Close, Willenhall is the 28th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in WV13.
The closest station to 7, Lakeside Close, Willenhall is Wolverhampton station which is 3.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Lakeside Close, Willenhall, 36.8% of property is socially rented and 29.2% 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, Lakeside Close, Willenhall, 17.4% of residents are recorded as possessing school level qualifications and 22.6% 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, Lakeside Close, Willenhall, the average age was 36.9 and the most common age was 32.
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, Lakeside Close, Willenhall, 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 7, Lakeside Close, Willenhall, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.