Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 1, Abbots Way, Wolverhampton is a mid-century leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Abbots Way, Wolverhampton is £90,617 and the estimated rental value is £539 per month.
The apartment is within 1, Abbots Way, Wolverhampton, WV3.
Abbots Way, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
1, Abbots Way, Wolverhampton has 61 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Abbots Way, Wolverhampton is in very good condition we estimate a sale value of £95,148 and a rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,274 and a rental value of £501 per month.
Over the last 12 months the sale value of 1 Abbots Way Wolverhampton has increased by an estimated £721 (0.8%) and its rental value has increased by an estimated £16 per month (3.0%), giving an expected gross yield of 7.1%.
1, Abbots Way, Wolverhampton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 1, Abbots Way, Wolverhampton was last sold on 21st August 2020 for £65,500 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since August 2020, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of 1, Abbots Way, Wolverhampton over the last 2 years.
The most recent example is 2, Abbots Way, Wolverhampton, WV3 9LR, a freehold house which sold for £245,000 on the 11th March 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbots Way, Wolverhampton, WV3 has a total of 25 addresses. According to our analysis of all the public data, 1, Abbots Way, Wolverhampton is the 24th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in WV3.
The closest station to 1, Abbots Way, Wolverhampton is Wolverhampton station which is 2.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Abbots Way, Wolverhampton, 62.0% of property is privately owned outright and 23.3% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Abbots Way, Wolverhampton, 13.8% of residents are recorded as possessing school level qualifications and 43.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Abbots Way, Wolverhampton, the average age was 45.1 and the most common age was 47.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Abbots Way, Wolverhampton, 2.9% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Abbots Way, Wolverhampton, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
