Flat 4, Laburnum House
Flat 4, Laburnum House
Description & Estimates
Flat 4, Laburnum House, Walsall is recorded publicly as a mid-century leasehold apartment across 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, Laburnum House, Walsall is £61,935 and its rental estimate is £483 per month, given the available information and assuming reasonable condition.
Laburnum House, Spring Road is a residential building on Spring Road, Walsall, WS4 and falls within the WS4 postal district and the borough of Walsall.
Our Data Sources
Flat 4, Laburnum House, Walsall has 21 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated February 2023.
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 4, Laburnum House, Walsall, we estimate a market value of £65,032 and a rental value of £507 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £57,600 and £449 per month respectively.
Recent Market Change
Over the last year, Flat 4, Laburnum House, Walsall has seen its estimated sale value rise by £205 (0.3%) and its estimated rental value move up by £13 per month (2.7%). This results in an estimated gross rental yield of 9.4%.
Energy Efficiency
Flat 4, Laburnum House, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, Laburnum House, Walsall completed on 2nd June 2023 at £60,000 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 16.9% over the period since June 2023.
- Sold Jun 2023£60,000
- Sold Mar 1998£30,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, Laburnum House, Walsall have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2019, was Flat 1, Maple House, Springhill Close, Walsall, WS4 1QL, a leasehold flat which sold for £57,000.
Read more about house prices in WS4.
- Sold Dec 2019£57,000 | 1 Bed FlatMaple House, Springhill CloseFlat 1, Maple House, Springhill Close, Walsall, WS4 1QL
- Sold May 2014£45,000 | 1 Bed FlatLaburnum House, Spring RoadFlat 2, Laburnum House, Spring Road, Walsall, WS4 1QN
- Sold Apr 2014£41,000 | 1 Bed FlatLaburnum House, Spring RoadFlat 6, Laburnum House, Spring Road, Walsall, WS4 1QN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 60 addresses on Spring Road, Walsall, WS4, Flat 4, Laburnum House, Walsall comes out as the 59th largest and the 59th most expensive in our analysis of the public data.
It is also £155k less expensive than the average property across the WS4 district.
More reading links
Schools Nearby
- 200mSt Francis Catholic Primary School
- 600mGreenfield Primary School
- 1.0kmRadleys Primary School
- 700mOrmiston Shelfield Community Academy
- 2.7kmShire Oak Academy
- 2.7kmAldridge School - A Science College
More reading links
Public Transport Nearby
From Flat 4, Laburnum House, Walsall, the nearest station is Bloxwich, 4.2 kilometres away.
- 4.2kmBloxwich
- 4.4kmWalsall
- 4.8kmBloxwich North
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
