1 Reid Close

    1, REID CLOSE, BURNTWOOD, WS7 9QF

    This detached freehold property on Reid Close last sold in March 2014 for £430,000. Based on price growth in the WS7 district since then, its estimated current value is £697,661 — placing it in the 90th percentile nationally and the 99th percentile within WS7. The property covers 257 m² (2,766 sq ft), giving an estimated value of £2,715 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,766 sq ft

    257 m²

    Last Sale Price

    £430,000

    Mar 2014

    Estimated Valuation

    £697,661

    Est. £/sq ft

    £252/sq ft

    £2,715/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,766 sq ft (257 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Mar 2014

    £430,000

    21 Dec 2000

    New build

    £250,000

    Key Metrics

    Estimated valuation£697,661
    Value per sq ft / m²£252/sq ft (£2,715/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WS7 district percentile99th percentile
    National percentile90th percentile

    District Context — WS7

    WS7 covers Willenhall and surrounding areas in the Black Country, south of Wolverhampton in the West Midlands. It is a historically industrial district with a strong community feel, offering affordable housing and good transport links to nearby employment centres.

    Average Property Price - WS7

    £277,900

    36

    National percentile

    Average Net Household Income - WS7

    £36,405

    40

    National percentile

    10-Year Annualised Price Growth - WS7

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - WS

    4.6%

    84

    National percentile

    View full analysis for WS7

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