188 Water Reed Grove, Walsall, WS2 7AE is a leasehold flat built between 2003-2006. The property offers approximately 560 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £109,986 , which equates to approximately £196 per square foot. It was last sold on 22 Sep 2015 for £75,000. Since then, the value has increased by £34,986, representing a 46.6% increase, or approximately 4.6% per year.

The current estimated value of £109,986 is:

  • 48.1% lower than the average property price on Water Reed Grove
  • 40.7% lower than the average in the WS2 7AE postcode area
  • and 61.5% lower than the average price for Walsall as a whole

At the most recent EPC inspection on 1 November 2022, the property was recorded as rented.

View sold house prices in WS2 7AE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£109,986
Price Per sq ft (estimate)
£196
Bedroom Count (estimate)
1 bedroom

EPC Summary

188 Water Reed Grove, Walsall, West Midlands, WS2 7AE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Nov 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Jan 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 4.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from average thermal transmittance 0.14 w/m?k to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.29 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to WS2 7AE

36 th / 53
Price Rank
41% lower than average
49 th / 52
Size Rank
32% smaller than average
26 th / 52
Price Per Sq FT Rank
13% lower than average

Compared to other properties in WS2 7AE , this flat's estimated value ranks 36th out of 53. Based on price per square foot, it ranks 26th out of 52 properties. In terms of size, this home ranks 49th out of 52 properties in its postcode area.

Sale History

Today
£109,986
streetscan.co.uk estimate
+47 %
22 Sep 2015
£75,000
Leasehold
-18 %
23 Mar 2012
£91,500
Leasehold

Area Insights

Similar Properties Sold Nearby

14 Water Reed Grove, Walsall, WS2 7AE
rooms: 3
size: 549 sq ft
sale price: £81,000
sale date: 30 Aug 2024
180 Water Reed Grove, Walsall, WS2 7AE
rooms: 2
size: 603 sq ft
sale price: £60,000
sale date: 8 Jul 2022
174 Water Reed Grove, Walsall, WS2 7AE
rooms: 3
size: 603 sq ft
sale price: £83,500
sale date: 26 Nov 2021
16 Water Reed Grove, Walsall, WS2 7AE
rooms: 3
size: 581 sq ft
sale price: £82,500
sale date: 24 May 2019
18 Water Reed Grove, Walsall, WS2 7AE
rooms: 3
size: 484 sq ft
sale price: £86,250
sale date: 28 Sep 2017

Data Sources

The property at 188 Water Reed Grove, Walsall, WS2 7AE appears two times in the Land Registry records, with the latest transaction recorded on 22 Sep 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Nov 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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