# 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 |