Flats/Maisonettes

MELLISH PARK

84 APARTMENT 15 MELLISH ROAD, WALSALL, WEST MIDLANDS, WS4 2EB

£150,000

Location

Map view View on Google Maps View on OpenStreetMap Street View WS4 2EB

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Mellish Rd / Rushall Manor Rd	0.0 miles
Shop	Unknown	0.5 miles
Train station	Walsall	1.2 miles
University	Maryvale Institute	4.2 miles
Hospital	Bilston Street Surgery	7.5 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

Bathrooms

Last sold

£150,000 Feb 2026

Local average

£102,600 (5 sales)

Street crime

258 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	13/02/2026	£150,000	Flat	—	£147,085 to April 2026	View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event	Date	Price
sold	01/01/2026	£150,000
listed	31/01/2025	£150,000
sold	01/01/2008	£165,000

Photos · Open listing

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
34 FERNLEIGH ROAD, WALSALL, WEST MIDLANDS, WS4 2EZ	£130,000	16/12/2022	Flat

Area average: £130,000 (1 sale)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 32.9%

10y growth 3.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Walsall. Series: Flats and maisonettes. As of April 2026.

1y (index) -2.4%

5y (index) 7.8%

10y (index) 39.2%

Rental Range

Estimated market rent for Walsall. Low = conservative, Realistic = average, Optimistic = best case.

Low £817/mo

Realistic £908/mo

Optimistic £999/mo

Based on Local Authority from postcode lookup → Walsall.

LHA (30th percentile) floor for Black Country: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
5 Bed Terraced House, Lichfield Road, WS4	£2,400/mo	5	0.44 miles	OpenRent
1 Bed Flat, Lichfield St, WS4	£450/mo	1	0.61 miles	OpenRent

Average rent: £1,425/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.95%

Max investor price (0.8%) £178,125

Target investor price (1%) £142,500

Gross yield 11.4%

Cost-to-rent ratio 8.8×

Monthly cashflow £667/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 18.4%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category	Count
Violence and sexual offences	104
Shoplifting	42
Public order	19
Vehicle crime	18
Criminal damage and arson	17
Burglary	14
Anti-social behaviour	8
Other theft	8
Drugs	7
Robbery	7
Theft from the person	6
Possession of weapons	4
Other crime	3
Bicycle theft	1
Total incidents	258

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Hydesville Tower School	Other	0.5 miles	— (No rating)
Chuckery Primary School	Primary	0.6 miles	Good — 23 Apr 2018
Queen Mary's High School	Secondary	0.7 miles	Outstanding — 22 Nov 2021
Butts Primary School	Primary	0.7 miles	Good — 5 Nov 2014
Elmwood School	Other	0.9 miles	Good — 10 Nov 2022

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.

# MELLISH PARK, 84 APARTMENT 15 MELLISH ROAD, WALSALL, WEST MIDLANDS, WS4 2EB

## Property details

- Slug: `bc893c0` (address key hash: `bc893c01218801ac5de0c626ae2194433636cb41`)
- Postcode: WS4 2EB
- Transactions on record: 1

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 2
- Bathrooms: 2
- Last sold: £150,000 Feb 2026
- Local average: £102,600 (5 sales)
- Street crime: 258 incidents within 1 mile (May 2026)

## Latest sale

- Price: £150,000
- Date: 2026-02-13
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-02-13 | £150,000 | Flat | — | £147,085 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4e75c29d-e042-8922-e063-4804a8c094d0) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MELLISH PARK, 84 APARTMENT 15 MELLISH ROAD, WALSALL, WEST MIDLANDS, WS4 2EB | £150,000 | 13/02/2026 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [157611233](http://87.117.209.195:8080/listings/7898f8b)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £150,000 |
| listed | 2025-01-31 | £150,000 |
| sold | 2008-01-01 | £165,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 34 FERNLEIGH ROAD, WALSALL, WEST MIDLANDS, WS4 2EZ | £130,000 | 16/12/2022 | Flat |

**Area average:** £130,000 (1 sale)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 32.9%
- **10y growth:** 3.1%

## House Price Index (HM Land Registry)

*Official index for Walsall; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.4%
- **5y growth (index):** 7.8%
- **10y growth (index):** 39.2%

## Rental Range

*ONS Price Index of Private Rents (Walsall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £817/mo
- **Realistic:** £908/mo
- **Optimistic:** £999/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Black Country (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 5 Bed Terraced House, Lichfield Road, WS4 | £2,400/mo | 5 | 0.44 miles | OpenRent |
| 1 Bed Flat, Lichfield St, WS4 | £450/mo | 1 | 0.61 miles | OpenRent |

**Average rent: £1,425/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.95% (okay)
- **Max investor price (0.8%):** £178,125
- **Target investor price (1%):** £142,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,425/mo).*

- **Gross yield:** 11.4%
- **Cost-to-rent:** 8.8×
- **Monthly cashflow:** £667/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 104 |
| Shoplifting | 42 |
| Public order | 19 |
| Vehicle crime | 18 |
| Criminal damage and arson | 17 |
| Burglary | 14 |
| Anti-social behaviour | 8 |
| Other theft | 8 |
| Drugs | 7 |
| Robbery | 7 |
| Theft from the person | 6 |
| Possession of weapons | 4 |
| Other crime | 3 |
| Bicycle theft | 1 |
| **Total incidents** | **258** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Hydesville Tower School | Other | 0.5 miles | — (No rating) |
| Chuckery Primary School | Primary | 0.6 miles | Good — 23 Apr 2018 |
| Queen Mary's High School | Secondary | 0.7 miles | Outstanding — 22 Nov 2021 |
| Butts Primary School | Primary | 0.7 miles | Good — 5 Nov 2014 |
| Elmwood School | Other | 0.9 miles | Good — 10 Nov 2022 |