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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, Springhill Lane, Wolverhampton is a mid-century freehold house with 4,746 ft2 of internal area and sits on a 8,555 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 109, Springhill Lane, Wolverhampton is £963,388 and the estimated rental value is £3,440 per month.
Springhill Lane, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
109, Springhill Lane, Wolverhampton has a single entry in the Land Registry from February 2017 and a single entry in the EPC database dated August 2013.
We combine this information with that of neighbouring properties to estimate the property 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 109, Springhill Lane, Wolverhampton is in very good condition we estimate a sale value of £1,011,557 and a rental value of £3,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £895,951 and a rental value of £3,199 per month.
Over the last 12 months the sale value of 109 Springhill Lane Wolverhampton has increased by an estimated £1,354 (0.1%) and its rental value has increased by an estimated £63 per month (1.8%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 109, Springhill Lane, Wolverhampton sits on a plot of 8555m2.
We have plot size data on 17 out of 19 other houses in the postcode and 109, Springhill Lane, Wolverhampton sits on the 3rd largest plot.
109, Springhill Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
According to HM Land Registry, 109, Springhill Lane, Wolverhampton was last sold on 20th February 2017 for £1,450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2017, the market for similar properties has dropped 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.2 kilometres radius of 109, Springhill Lane, Wolverhampton over the last 2 years.
The most recent example is 107, Springhill Lane, Wolverhampton, WV4 4TW, a freehold house which sold for £655,000 on the 24th November 2023.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springhill Lane, Wolverhampton, WV4 has a total of 125 addresses. According to our analysis of all the public data, 109, Springhill Lane, Wolverhampton is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £710k more expensive than the average property in WV4.
The closest station to 109, Springhill Lane, Wolverhampton is Wolverhampton station which is 5.5 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 109, Springhill Lane, Wolverhampton, 39.6% of property is privately owned outright and 30.7% 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, Springhill Lane, Wolverhampton, 12.6% of residents are recorded as possessing school level qualifications and 36.2% 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, Springhill Lane, Wolverhampton, the average age was 47.2 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 109, Springhill Lane, Wolverhampton, 3.3% 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, Springhill Lane, Wolverhampton, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
