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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 251, Birmingham Road, Walsall is £111,105 and the estimated rental value is £550 per month.
The apartment is within 251, Birmingham Road, Walsall, WS5.
Birmingham Road, Walsall, WS5 is located in the borough of Walsall within the WS5 postal district.
Flat 1, 251, Birmingham Road, Walsall has a single entry in the Land Registry from January 2010 and a single entry in the EPC database dated January 2018.
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 Flat 1, 251, Birmingham Road, Walsall is in very good condition we estimate a sale value of £116,660 and a rental value of £578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,328 and a rental value of £512 per month.
Over the last 12 months the sale value of Flat 1 251 Birmingham Road Walsall has increased by an estimated £319 (0.3%) and its rental value has increased by an estimated £12 per month (2.2%), giving an expected gross yield of 5.9%.
Flat 1, 251, Birmingham Road, Walsall has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2018.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 1, 251, Birmingham Road, Walsall was last sold on 15th January 2010 for £225,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2010, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 740 metres radius of Flat 1, 251, Birmingham Road, Walsall over the last 2 years.
The most recent example is 253, Birmingham Road, Walsall, WS5 3AA, a freehold house which sold for £353,000 on the 5th February 2021.
Read more about house prices in WS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birmingham Road, Walsall, WS5 has a total of 158 addresses. According to our analysis of all the public data, Flat 1, 251, Birmingham Road, Walsall is the 158th largest and the 155th most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in WS5.
The closest station to Flat 1, 251, Birmingham Road, Walsall is Walsall station which is 2.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 251, Birmingham Road, Walsall, 46.5% of property is privately owned outright and 30.6% 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 Flat 1, 251, Birmingham Road, Walsall, 19.0% of residents are recorded as possessing school level qualifications and 42.9% 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 Flat 1, 251, Birmingham Road, Walsall, the average age was 44.1 and the most common age was 52.
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 Flat 1, 251, Birmingham Road, Walsall, 1.0% 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 Flat 1, 251, Birmingham Road, Walsall, 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.