Lorain House, Tramway Drive - WV2 1BF
Key Building Insights
Lorain House, Tramway Drive is a residential building situated on Tramway Drive, Wolverhampton, WV2 with 46 addresses.
It ranks as the 1281st largest and 52nd most expensive of the 1,292 buildings in the WV2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 46 properties: 46 flats.
- Ave. Sale Price
- £55,610
- 10 Year change
- up 41.9%
- Ave. Rental Price
- £354pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £73/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Building Insights
Lorain House, Tramway Drive is a residential building situated on Tramway Drive, Wolverhampton, WV2 with 46 addresses.
It ranks as the 1281st largest and 52nd most expensive of the 1,292 buildings in the WV2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 46 properties: 46 flats.
- Ave. Sale Price
- £55,610
- 10 Year change
- up 41.9%
- Ave. Rental Price
- £354pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £73/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertieson Tramway Drive, Wolverhampton, WV2
- Flat 1 Lorain House
3 Bed Modern Flat
- Flat 2 Lorain House
2 Bed Modern Flat
- Flat 3 Lorain House
2 Bed Modern Flat
- Flat 4 Lorain House
2 Bed Modern Flat
- Flat 5 Lorain House
3 Bed Modern Flat
Sales Market Trends
The current average value in the building is £55,610.
The Lorain House, Tramway Drive Sales Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £55,610 |
| June 2025 | 3.7% | £55,432 |
| June 2024 | 2.1% | £53,477 |
| June 2023 | 1.2% | £52,375 |
| June 2022 | 11.7% | £51,775 |
| June 2021 | 6.9% | £46,358 |
| June 2020 | 2.6% | £43,382 |
| June 2019 | 4.5% | £42,267 |
| June 2018 | 2% | £40,466 |
| June 2017 | 1.3% | £39,687 |
| June 2016 | 4.6% | £39,192 |
| June 2015 | 1.9% | £37,460 |
| June 2014 | 2.5% | £36,778 |
| June 2013 | 0.1% | £35,892 |
| June 2012 | -1.2% | £35,856 |
| June 2011 | -4.2% | £36,309 |
| June 2010 | 1.5% | £37,897 |
| June 2009 | -13.1% | £37,325 |
| June 2008 | -4.9% | £42,941 |
| June 2007 | 0% | £45,166 |
Rental Market Trends
The current average rental value in the building is £354.
The Lorain House, Tramway Drive Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £354pcm |
| June 2025 | 3.4% | £346pcm |
| June 2024 | 11.3% | £334pcm |
| June 2023 | 10.5% | £300pcm |
| June 2022 | 6.5% | £272pcm |
| June 2021 | 6.8% | £255pcm |
| June 2020 | 2.9% | £239pcm |
| June 2019 | 0.3% | £232pcm |
| June 2018 | 0.1% | £232pcm |
| June 2017 | 1% | £231pcm |
| June 2016 | 1.8% | £229pcm |
| June 2015 | 2.2% | £225pcm |
| June 2014 | 0.9% | £220pcm |
| June 2013 | -1.1% | £218pcm |
| June 2012 | 0.9% | £220pcm |
| June 2011 | -0.8% | £219pcm |
| June 2010 | 0.7% | £220pcm |
| June 2009 | -6.6% | £219pcm |
| June 2008 | 0.3% | £234pcm |
| June 2007 | 0% | £233pcm |
Property Types
- 46 modern flats built after 1980
- modern flat (46)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 46 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (38)
- F (0)
- C (8)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2019£1,142,823 | 2 Bed FlatFlat 1, 0, Y M C A, Tramway Drive, Wolverhampton, WV2 1BJFlat 1, 0, Y M C A, Tramway Drive, Wolverhampton, WV2 1BJ
- Sold Jan 2022£123,750 | 3 Bed House78, Tramway Drive, Wolverhampton, WV2 1BF78, Tramway Drive, Wolverhampton, WV2 1BF
- Sold Aug 2021£90,750 | 3 Bed House83, Tramway Drive, Wolverhampton, WV2 1BF83, Tramway Drive, Wolverhampton, WV2 1BF
Schools Nearby
- SS Mary and John's Catholic Primary Academy700 m away
- Grove Primary Academy800 m away
- Eastfield Primary School1.0 km away
- Thomas Telford University Technical College1.0 km away
- St Matthias School2.3 km away
- Heath Park2.3 km away
More reading links
Public Transport Nearby
The closest station to Lorain House, Tramway Drive, Wolverhampton, WV2 1BF is Wolverhampton station, which is 600 metres away.
- Wolverhampton|600 m away
- Coseley|4.8 km away
- Bilbrook|6.4 km away
- Tipton|6.9 km away
