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According to the public record, Apartment 2, Smiths Flour Mill 71, Walsall is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 590 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 2, Smiths Flour Mill 71, Walsall is £141,791 and the estimated rental value is £665 per month.
The apartment is within Smiths Flour Mill, Wolverhampton Street, Walsall, WS2.
Wolverhampton Street, Walsall, WS2 is located in the borough of Walsall within the WS2 postal district.
Apartment 2, Smiths Flour Mill 71, Walsall has a single entry in the Land Registry from August 2007 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 3 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 Apartment 2, Smiths Flour Mill 71, Walsall is in very good condition we estimate a sale value of £148,880 and a rental value of £698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,865 and a rental value of £618 per month.
Over the last 12 months the sale value of Apartment 2 Smiths Flour Mill 71 Walsall has decreased by an estimated £313 (0.2%) and its rental value has increased by an estimated £14 per month (2.1%), giving an expected gross yield of 5.6%.
According to HM Land Registry, Apartment 2, Smiths Flour Mill 71, Walsall was last sold on 30th August 2007 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Smiths Flour Mill 71, Walsall within a radius of 500 metres over the last 2 years.
The most recent example is Apartment 11, Smiths Flour Mill 71, Wolverhampton Street, Walsall, WS2 8DD, a leasehold flat which sold for £90,000 on the 14th April 2023.
Read more about house prices in WS2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wolverhampton Street, Walsall, WS2 has a total of 132 addresses. According to our analysis of all the public data, Apartment 2, Smiths Flour Mill 71, Walsall is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in WS2.
The closest station to Apartment 2, Smiths Flour Mill 71, Walsall is Walsall station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2, Smiths Flour Mill 71, Walsall, 74.4% of property is privately rented and 12.0% 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 Apartment 2, Smiths Flour Mill 71, Walsall, 13.5% of residents are recorded as possessing school level qualifications and 35.7% 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 Apartment 2, Smiths Flour Mill 71, Walsall, the average age was 34.2 and the most common age was 22.
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 Apartment 2, Smiths Flour Mill 71, Walsall, 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 Apartment 2, Smiths Flour Mill 71, Walsall, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
