7, Old Mill House Close
7, Old Mill House Close
Description & Estimates
7, Old Mill House Close, Walsall is recorded publicly as a modern leasehold apartment across 700 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Old Mill House Close, Walsall is £151,235 and its rental estimate is £855 per month, given the available information and assuming reasonable condition.
Old Mill House Close, Pelsall, Walsall, WS4 falls within the WS4 postal district, in the borough of Walsall.
Our Data Sources
7, Old Mill House Close, Walsall has 21 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Old Mill House Close, Walsall, we estimate a market value of £158,796 and a rental value of £897 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,648 and £795 per month respectively.
Recent Market Change
Over the last year, 7, Old Mill House Close, Walsall has seen its estimated sale value move up by £162 (0.1%) and its estimated rental value increase by £15 per month (1.8%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
7, Old Mill House Close, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Old Mill House Close, Walsall completed on 24th October 2022 at £268,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 20.3% over the period since October 2022.
- Sold Oct 2022£268,000
- Sold Aug 2006£224,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Old Mill House Close, Walsall have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th March 2022, was 12, Old Mill House Close, Walsall, WS4 1BL, a leasehold flat which sold for £140,000.
Read more about house prices in WS4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Old Mill House Close, Pelsall, Walsall, WS4, 7, Old Mill House Close, Walsall comes out as the 20th largest and the 21st most expensive in our analysis of the public data.
It is also £66k less expensive than the average property across the WS4 district.
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Schools Nearby
- 600mSt Francis Catholic Primary School
- 600mGreenfield Primary School
- 800mRushall Primary School
- 800mOrmiston Shelfield Community Academy
- 2.6kmWalsall Academy
- 3.2kmShire Oak Academy
More reading links
Public Transport Nearby
From 7, Old Mill House Close, Walsall, the nearest station is Bloxwich, 3.4 kilometres away.
- 3.4kmBloxwich
- 4.0kmBloxwich North
- 4.2kmWalsall
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
