Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 118, Springhill Lane, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,270 ft2 of internal area and sits on a 15,396 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 118, Springhill Lane, Wolverhampton is £763,016 and the estimated rental value is £2,725 per month.
Springhill Lane, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
118, Springhill Lane, Wolverhampton has a single entry in the Land Registry from March 2007 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 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 118, Springhill Lane, Wolverhampton is in very good condition we estimate a sale value of £801,167 and a rental value of £2,861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £709,605 and a rental value of £2,534 per month.
Over the last 12 months the sale value of 118 Springhill Lane Wolverhampton has increased by an estimated £1,072 (0.1%) and its rental value has increased by an estimated £50 per month (1.8%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 118, Springhill Lane, Wolverhampton sits on a plot of 15396m2.
We have plot size data on 27 out of 29 other houses in the postcode and 118, Springhill Lane, Wolverhampton sits on the largest plot.
According to HM Land Registry, 118, Springhill Lane, Wolverhampton was last sold on 8th March 2007 for £765,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Springhill Lane, Wolverhampton within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Orchard Farm, Springhill Lane, Wolverhampton, WV4 4UH, a freehold house which sold for £675,000 on the 29th October 2020.
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, 118, Springhill Lane, Wolverhampton is the 28th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £509k more expensive than the average property in WV4.
The closest station to 118, Springhill Lane, Wolverhampton is Wolverhampton station which is 5.4 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 118, Springhill Lane, Wolverhampton, 53.3% of property is privately owned outright and 37.0% 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 118, Springhill Lane, Wolverhampton, 18.3% of residents are recorded as possessing school level qualifications and 52.4% 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 118, 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 118, Springhill Lane, Wolverhampton, 1.7% 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 118, Springhill Lane, Wolverhampton, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
