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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, 121, Broad Lane, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,335 ft2 of internal area and sits on a 1,116 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 121, Broad Lane, Wolverhampton is £664,482 and the estimated rental value is £2,373 per month.
Broad Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
121, Broad Lane, Wolverhampton has a single entry in the Land Registry from October 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 121, Broad Lane, Wolverhampton is in very good condition we estimate a sale value of £697,707 and a rental value of £2,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £617,969 and a rental value of £2,207 per month.
Over the last 12 months the sale value of 121 Broad Lane Wolverhampton has decreased by an estimated £3,548 (0.5%) and its rental value has increased by an estimated £38 per month (1.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 121, Broad Lane, Wolverhampton sits on a plot of 1116m2.
We have plot size data on 3 out of 3 other houses in the postcode and 121, Broad Lane, Wolverhampton sits on the largest plot.
According to HM Land Registry, 121, Broad Lane, Wolverhampton was last sold on 17th October 2007 for £365,599 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 121, Broad Lane, Wolverhampton within a radius of 640 metres over the last 2 years.
The most recent example is 1, Finchfield Gardens, Wolverhampton, WV3 9LT, a freehold house which sold for £401,884 on the 26th July 2024.
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, 121, Broad Lane, Wolverhampton is the largest and the most expensive property on the street.
When compared to the postcode district it is £460k more expensive than the average property in WV3.
The closest station to 121, 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 121, 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 121, 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 121, 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 121, 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 121, 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.
