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Company No. 11113204
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VAT No. GB 287 0845 68
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Flat 29, School Lofts, Walsall is recorded publicly as a modern leasehold apartment across 871 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 29, School Lofts, Walsall is £133,022 and its rental estimate is £812 per month, given the available information and assuming reasonable condition.
School Lofts, Cecil Street is a residential building on Cecil Street, Walsall, WS4 and falls within the WS4 postal district and the borough of Walsall.
Flat 29, School Lofts, Walsall has 2 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated April 2012.
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.
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 29, School Lofts, Walsall, we estimate a market value of £139,673 and a rental value of £852 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,711 and £755 per month respectively.
Over the last year, Flat 29, School Lofts, Walsall has seen its estimated sale value decrease by £294 (0.2%) and its estimated rental value grow by £18 per month (2.2%). This results in an estimated gross rental yield of 7.3%.
Flat 29, School Lofts, Walsall has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 29, School Lofts, Walsall completed on 21st January 2022 at £118,000 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 9.8% over the period since January 2022.
Over the past 2 years 3 properties similar to Flat 29, School Lofts, Walsall have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th March 2024, was Flat 7, School Lofts, Cecil Street, Walsall, WS4 2BF, a leasehold flat which sold for £130,000.
Read more about house prices in WS4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 115 addresses on Cecil Street, Walsall, WS4, Flat 29, School Lofts, Walsall comes out as the 45th largest and the 70th most expensive in our analysis of the public data.
It is also £84k less expensive than the average property across the WS4 district.
From Flat 29, School Lofts, Walsall, the nearest station is Walsall, 900 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 29, School Lofts, Walsall, 38.4% of property is socially rented and 25.8% is privately rented.
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 29, School Lofts, Walsall, 22.6% of residents are recorded as possessing school level qualifications and 25.4% 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 Flat 29, School Lofts, Walsall, the average age was 41.7 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 29, School Lofts, Walsall, 0.3% 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 29, School Lofts, Walsall, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
