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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, 119, Broad Lane, Wolverhampton is a period freehold house with 1,926 ft2 of internal area and sits on a 1,099 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 119, Broad Lane, Wolverhampton is £597,315 and the estimated rental value is £2,133 per month.
Broad Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
119, Broad Lane, Wolverhampton has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated March 2023.
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 119, Broad Lane, Wolverhampton is in very good condition we estimate a sale value of £627,181 and a rental value of £2,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,503 and a rental value of £1,984 per month.
Over the last 12 months the sale value of 119 Broad Lane Wolverhampton has decreased by an estimated £3,190 (0.5%) and its rental value has increased by an estimated £34 per month (1.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 119, Broad Lane, Wolverhampton sits on a plot of 1099m2.
We have plot size data on 3 out of 3 other houses in the postcode and 119, Broad Lane, Wolverhampton sits on the 2nd largest plot.
119, Broad Lane, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Mar 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 119, Broad Lane, Wolverhampton was last sold on 14th December 2023 for £572,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has dropped 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 119, Broad Lane, Wolverhampton within a radius of 640 metres over the last 2 years.
The most recent example is 3, Highlands Road, Wolverhampton, WV3 8AG, a freehold house which sold for £467,000 on the 9th March 2021.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Wolverhampton, WV3 has a total of 92 addresses. According to our analysis of all the public data, 119, Broad Lane, Wolverhampton is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £393k more expensive than the average property in WV3.
The closest station to 119, Broad Lane, Wolverhampton is Wolverhampton station which is 3.1 kilometres away.
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 119, Broad Lane, Wolverhampton, 57.3% of property is privately owned with a mortgage and 38.5% 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 119, Broad Lane, Wolverhampton, 26.3% of residents are recorded as possessing school level qualifications and 50.2% 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 119, Broad Lane, Wolverhampton, the average age was 45.1 and the most common age was 47.
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 119, Broad Lane, Wolverhampton, 1.2% 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 119, Broad Lane, Wolverhampton, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
