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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Forge Close, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 663 ft2 of internal area and sits on a 287 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Forge Close, Wolverhampton is £147,053 and the estimated rental value is £835 per month.
Forge Close, Pendeford, Wolverhampton, WV8 is located in the borough of City of Wolverhampton within the WV8 postal district.
1, Forge Close, Wolverhampton has 2 entries in the Land Registry , most recently in February 2014 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, Forge Close, Wolverhampton is in very good condition we estimate a sale value of £154,405 and a rental value of £877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,759 and a rental value of £777 per month.
Over the last 12 months the sale value of 1 Forge Close Wolverhampton has increased by an estimated £5,093 (3.5%) and its rental value has increased by an estimated £41 per month (5.0%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 1, Forge Close, Wolverhampton sits on a plot of 287m2.
We have plot size data on 10 out of 19 other houses in the postcode and 1, Forge Close, Wolverhampton sits on the largest plot.
According to HM Land Registry, 1, Forge Close, Wolverhampton was last sold on 7th February 2014 for £122,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2014, the market for similar properties has risen 181.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1, Forge Close, Wolverhampton within a radius of 630 metres over the last 2 years.
The most recent example is 9, Granary Road, Wolverhampton, WV8 1UZ, a freehold house which sold for £165,000 on the 27th January 2023.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Close, Pendeford, Wolverhampton, WV8 has a total of 37 addresses. According to our analysis of all the public data, 1, Forge Close, Wolverhampton is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in WV8.
The closest station to 1, Forge Close, Wolverhampton is Bilbrook station which is 2.1 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, Forge Close, Wolverhampton, 54.4% of property is socially rented and 21.1% 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, Forge Close, Wolverhampton, 25.2% of residents are recorded as possessing school level qualifications and 20.8% 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, Forge Close, Wolverhampton, the average age was 39.1 and the most common age was 62.
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, Forge 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, Forge Close, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
