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According to the public record, 1, Billars Close, Wolverhampton is a modern freehold house with 1,399 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Billars Close, Wolverhampton is £415,950 and the estimated rental value is £1,670 per month.
Billars Close, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
1, Billars Close, Wolverhampton has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Billars Close, Wolverhampton is in very good condition we estimate a sale value of £436,747 and a rental value of £1,753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,833 and a rental value of £1,553 per month.
Over the last 12 months the sale value of 1 Billars Close Wolverhampton has increased by an estimated £3,501 (0.8%) and its rental value has increased by an estimated £40 per month (2.4%), giving an expected gross yield of 4.8%.
1, Billars Close, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Billars Close, Wolverhampton was last sold on 16th July 2024 for £394,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Billars Close, Wolverhampton within a radius of 820 metres over the last 2 years.
The most recent example is 3, Billars Close, Wolverhampton, WV8 1FQ, a freehold house which sold for £449,950 on the 23rd June 2023.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Billars Close, Codsall, Wolverhampton, WV8 has a total of 35 addresses. According to our analysis of all the public data, 1, Billars Close, Wolverhampton is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in WV8.
The closest station to 1, Billars Close, Wolverhampton is Bilbrook station which is 800 metres away.
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, Billars Close, Wolverhampton, 42.7% of property is privately owned outright and 29.1% 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, Billars Close, Wolverhampton, 18.2% of residents are recorded as possessing school level qualifications and 26.9% 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, Billars Close, Wolverhampton, the average age was 44.5 and the most common age was 57.
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, Billars Close, Wolverhampton, 1.6% 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, Billars Close, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.