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By comparing it to neighbours, we estimate that it is a modern apartment with 691 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Dam Mill Close, Wolverhampton is £160,375 and the estimated rental value is £730 per month.
Dam Mill Close, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
1, Dam Mill Close, Wolverhampton has a single entry in the Land Registry from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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, Dam Mill Close, Wolverhampton is in very good condition we estimate a sale value of £168,394 and a rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,149 and a rental value of £679 per month.
Over the last 12 months the sale value of 1 Dam Mill Close Wolverhampton has increased by an estimated £2,222 (1.4%) and its rental value has increased by an estimated £17 per month (2.4%), giving an expected gross yield of 5.5%.
According to HM Land Registry, 1, Dam Mill Close, Wolverhampton was last sold on 15th April 2008 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Dam Mill Close, Wolverhampton within a radius of 940 metres over the last 2 years.
The most recent example is 18, Dam Mill Close, Wolverhampton, WV8 1TZ, a leasehold flat which sold for £90,000 on the 3rd July 2008.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dam Mill Close, Codsall, Wolverhampton, WV8 has a total of 32 addresses. According to our analysis of all the public data, 1, Dam Mill Close, Wolverhampton is the 14th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in WV8.
The closest station to 1, Dam Mill Close, Wolverhampton is Bilbrook station which is 900 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Dam Mill Close, Wolverhampton, 31.9% of property is privately owned with a mortgage and 30.4% is privately owned outright.
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, Dam Mill Close, Wolverhampton, 17.3% of residents are recorded as possessing school level qualifications and 32.3% 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, Dam Mill Close, Wolverhampton, the average age was 45.8 and the most common age was 52.
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, Dam Mill Close, Wolverhampton, 0.0% 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, Dam Mill 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.