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According to the public record, 47C, Gaia Lane, Lichfield is a period leasehold apartment with 1,599 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 47C, Gaia Lane, Lichfield is £341,552 and the estimated rental value is £1,409 per month.
The apartment is within 47, Gaia Lane, Lichfield, WS13.
Gaia Lane, Lichfield, WS13 is located in the borough of Lichfield within the WS13 postal district.
47C, Gaia Lane, Lichfield has a single entry in the Land Registry from November 2009 and a single entry in the EPC database dated June 2009.
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 47C, Gaia Lane, Lichfield is in very good condition we estimate a sale value of £358,629 and a rental value of £1,479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,643 and a rental value of £1,310 per month.
Over the last 12 months the sale value of 47C Gaia Lane Lichfield has increased by an estimated £1,350 (0.4%) and its rental value has increased by an estimated £46 per month (3.3%), giving an expected gross yield of 4.9%.
47C, Gaia Lane, Lichfield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Jun 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 47C, Gaia Lane, Lichfield was last sold on 5th November 2009 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2009, the market for similar properties has risen 56.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 47C, Gaia Lane, Lichfield within a radius of 610 metres over the last 2 years.
The most recent example is 47D, Gaia Lane, Lichfield, WS13 7LR, a leasehold flat which sold for £300,000 on the 22nd November 2021.
Read more about house prices in WS13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gaia Lane, Lichfield, WS13 has a total of 85 addresses. According to our analysis of all the public data, 47C, Gaia Lane, Lichfield is the 31st largest and the 76th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in WS13.
The closest station to 47C, Gaia Lane, Lichfield is Lichfield City station which is 800 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 47C, Gaia Lane, Lichfield, 74.3% of property is privately owned outright and 23.5% 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 47C, Gaia Lane, Lichfield, 8.0% of residents are recorded as possessing school level qualifications and 58.5% 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 47C, Gaia Lane, Lichfield, the average age was 42.8 and the most common age was 47.
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 47C, Gaia Lane, Lichfield, 4.1% 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 47C, Gaia Lane, Lichfield, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
