Flat 11, Bishops Lodge
Flat 11, Bishops Lodge
Description & Estimates
Flat 11, Bishops Lodge, Lichfield is recorded publicly as a modern leasehold apartment across 1,076 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 11, Bishops Lodge, Lichfield is £407,830 and its rental estimate is £1,737 per month, given the available information and assuming reasonable condition.
Bishops Lodge, Monks Close is a residential building on Monks Close, Lichfield, WS13 and falls within the WS13 postal district and the borough of Lichfield.
Our Data Sources
Flat 11, Bishops Lodge, Lichfield has 2 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 11, Bishops Lodge, Lichfield, we estimate a market value of £428,222 and a rental value of £1,824 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £379,282 and £1,615 per month respectively.
Recent Market Change
Over the last year, Flat 11, Bishops Lodge, Lichfield has seen its estimated sale value grow by £1,989 (0.5%) and its estimated rental value climb by £62 per month (3.5%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 11, Bishops Lodge, Lichfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 2016.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 11, Bishops Lodge, Lichfield completed on 3rd May 2023 at £400,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.8% over the period since May 2023.
- Sold May 2023£400,000
- Sold Nov 2016£375,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 11, Bishops Lodge, Lichfield have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2024, was 40, Monks Close, Lichfield, WS13 6QR, a leasehold flat which sold for £375,000.
Read more about house prices in WS13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Monks Close, Lichfield, WS13, Flat 11, Bishops Lodge, Lichfield comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £73k more expensive than the average property across the WS13 district.
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Schools Nearby
- 700mSt Michael's CofE (C) Primary School
- 700mSt Joseph's Catholic Primary School
- 700mFive Spires Academy
- 700mKing Edward VI School
- 1.2kmNether Stowe School
- 1.9kmThe Friary School
More reading links
Public Transport Nearby
From Flat 11, Bishops Lodge, Lichfield, the nearest station is Lichfield City, 300 metres away.
- 300mLichfield City
- 2.1kmLichfield Trent Valley
- 4.8kmShenstone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
