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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, 109, Lea Road, Wolverhampton is a period Leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 109, Lea Road, Wolverhampton is £123,487 and the estimated rental value is £689 per month.
The apartment is within 109, Lea Road, Wolverhampton, WV3.
Lea Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
109, Lea Road, Wolverhampton has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 109, Lea Road, Wolverhampton is in very good condition we estimate a sale value of £129,662 and a rental value of £724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,843 and a rental value of £641 per month.
Over the last 12 months the sale value of 109 Lea Road Wolverhampton has increased by an estimated £2,281 (1.8%) and its rental value has increased by an estimated £27 per month (3.9%), giving an expected gross yield of 6.7%.
109, Lea Road, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 109, Lea Road, Wolverhampton was last sold on 29th March 2018 for £89,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2018, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 109, Lea Road, Wolverhampton within a radius of 510 metres over the last 2 years.
The most recent example is Flat A, 7, Copthorne Road, Wolverhampton, WV3 0AB, a leasehold flat which sold for £253,000 on the 17th January 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Road, Wolverhampton, WV3 has a total of 269 addresses. According to our analysis of all the public data, 109, Lea Road, Wolverhampton is the 195th largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in WV3.
The closest station to 109, Lea Road, Wolverhampton is Wolverhampton station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 109, Lea Road, Wolverhampton, 40.0% of property is privately rented and 32.1% 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 109, Lea Road, Wolverhampton, 27.0% of residents are recorded as possessing school level qualifications and 37.9% 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 109, Lea Road, Wolverhampton, the average age was 42.6 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 109, Lea Road, Wolverhampton, 0.5% 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 109, Lea Road, Wolverhampton, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
