Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 7, Reid Close, Burntwood is a modern freehold house with 1,689 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Reid Close, Burntwood is £546,582 and the estimated rental value is £1,658 per month.
Reid Close, Burntwood, WS7 is located in the borough of Lichfield within the WS7 postal district.
7, Reid Close, Burntwood has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Reid Close, Burntwood is in very good condition we estimate a sale value of £573,911 and a rental value of £1,741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,321 and a rental value of £1,542 per month.
Over the last 12 months the sale value of 7 Reid Close Burntwood has increased by an estimated £4,514 (0.8%) and its rental value has increased by an estimated £60 per month (3.6%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 7, Reid Close, Burntwood sits on a plot of 421m2.
We have plot size data on 10 out of 10 other houses in the postcode and 7, Reid Close, Burntwood sits on the 9th largest plot.
7, Reid Close, Burntwood has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Reid Close, Burntwood was last sold on 11th December 2020 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has dropped 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Reid Close, Burntwood within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 15, Cheshire Close, Burntwood, WS7 9QX, a freehold house which sold for £553,000 on the 10th January 2025.
Read more about house prices in WS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reid Close, Burntwood, WS7 has a total of 10 addresses. According to our analysis of all the public data, 7, Reid Close, Burntwood is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £289k more expensive than the average property in WS7.
The closest station to 7, Reid Close, Burntwood is Lichfield City station which is 4.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Reid Close, Burntwood, 44.9% of property is privately owned with a mortgage and 27.1% is privately owned outright.
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, Reid Close, Burntwood, 21.5% of residents are recorded as possessing school level qualifications and 44.6% 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, Reid Close, Burntwood, the average age was 47 and the most common age was 57.
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, Reid Close, Burntwood, 2.9% 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, Reid Close, Burntwood, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
