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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3A, Mill Lane, Willenhall is a period Leasehold apartment with 659 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 3A, Mill Lane, Willenhall is £82,988 and the estimated rental value is £632 per month.
The apartment is within 3, Mill Lane, Willenhall, WV12.
Mill Lane, Willenhall, WV12 is located in the borough of Walsall within the WV12 postal district.
3A, Mill Lane, Willenhall has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property 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 3A, Mill Lane, Willenhall is in very good condition we estimate a sale value of £87,137 and a rental value of £664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,179 and a rental value of £588 per month.
Over the last 12 months the sale value of 3A Mill Lane Willenhall has increased by an estimated £880 (1.1%) and its rental value has increased by an estimated £15 per month (2.3%), giving an expected gross yield of 9.1%.
3A, Mill Lane, Willenhall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2023.
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, 3A, Mill Lane, Willenhall was last sold on 5th November 2021 for £135,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2021, the market for similar properties has risen 25.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3A, Mill Lane, Willenhall within a radius of 510 metres over the last 2 years.
The most recent example is 42, Dibble Close, Willenhall, WV12 4EE, a leasehold flat which sold for £83,500 on the 31st January 2023.
Read more about house prices in WV12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Willenhall, WV12 has a total of 58 addresses. According to our analysis of all the public data, 3A, Mill Lane, Willenhall is the 57th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in WV12.
The closest station to 3A, Mill Lane, Willenhall is Bloxwich station which is 2.9 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 3A, Mill Lane, Willenhall, 62.9% of property is privately owned outright and 31.5% 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 3A, Mill Lane, Willenhall, 18.6% of residents are recorded as possessing school level qualifications and 20.4% 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 3A, Mill Lane, Willenhall, the average age was 43.1 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 3A, Mill Lane, Willenhall, 2.6% 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 3A, Mill Lane, Willenhall, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
