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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 62, Millsum House, Walsall is £64,742 and its rental estimate is £380 per month, given the available information and assuming reasonable condition.
Millsum House, Paddock is a residential building on Paddock, Walsall, WS1 and falls within the WS1 postal district and the borough of Walsall.
Flat 62, Millsum House, Walsall has no records in the the Land Registry and a single entry in the EPC database dated December 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 62, Millsum House, Walsall, we estimate a market value of £67,979 and a rental value of £399 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £60,210 and £354 per month respectively.
Over the last year, Flat 62, Millsum House, Walsall has seen its estimated sale value drop by £399 (0.6%) and its estimated rental value rise by £6 per month (1.7%). This results in an estimated gross rental yield of 7.0%.
Flat 62, Millsum House, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to Flat 62, Millsum House, Walsall have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2018, was Flat 46, Millsum House, Paddock, Walsall, WS1 2HW, a leasehold flat which sold for £47,000.
Read more about house prices in WS1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 357 addresses on Paddock, Walsall, WS1, Flat 62, Millsum House, Walsall comes out as the 39th largest and the 303rd most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the WS1 district.
From Flat 62, Millsum House, Walsall, the nearest station is Walsall, 800 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 62, Millsum House, Walsall, 88.3% of property is socially rented and 7.3% 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 62, Millsum House, Walsall, 14.4% of residents are recorded as possessing school level qualifications and 19.7% 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 62, Millsum House, 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 62, Millsum House, Walsall, 0.0% 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 62, Millsum House, Walsall, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.