Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, Laurel Place, Lichfield is a modern house with 2,809 ft2 of internal area and sits on a 640 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Laurel Place, Lichfield is £680,730 and the estimated rental value is £2,532 per month.
Bay Tree Walk, Lichfield, WS14 is located in the borough of Lichfield within the WS14 postal district.
Laurel Place, Lichfield has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Laurel Place, Lichfield is in very good condition we estimate a sale value of £714,767 and a rental value of £2,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £633,079 and a rental value of £2,355 per month.
Over the last 12 months the sale value of Laurel Place Lichfield has decreased by an estimated £2,504 (0.4%) and its rental value has increased by an estimated £67 per month (2.7%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, Laurel Place, Lichfield sits on a plot of 640m2.
Laurel Place, Lichfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Air source heat pump, underfloor, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Laurel Place, Lichfield within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Wellfield Cottage, Vicarage Lane, Lichfield, WS14 9LQ, a freehold house which sold for £759,000 on the 27th August 2019.
Read more about house prices in WS14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bay Tree Walk, Lichfield, WS14 has a total of 1 addresses. According to our analysis of all the public data, Laurel Place, Lichfield is the largest and the most expensive property on the street.
When compared to the postcode district it is £245k more expensive than the average property in WS14.
The closest station to Laurel Place, Lichfield is Lichfield Trent Valley station which is 3.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Laurel Place, Lichfield, 55.7% of property is privately owned outright and 41.0% 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 Laurel Place, Lichfield, 18.8% of residents are recorded as possessing school level qualifications and 50.6% 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 Laurel Place, Lichfield, the average age was 41.7 and the most common age was 27.
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 Laurel Place, Lichfield, 1.8% 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 Laurel Place, Lichfield, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
