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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Drive Fields, Wolverhampton is £311,887 and the estimated rental value is £1,260 per month.
Drive Fields, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
2, Drive Fields, Wolverhampton has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated June 2023.
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 2, Drive Fields, Wolverhampton is in very good condition we estimate a sale value of £327,482 and a rental value of £1,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,055 and a rental value of £1,172 per month.
Over the last 12 months the sale value of 2 Drive Fields Wolverhampton has increased by an estimated £7,885 (2.5%) and its rental value has increased by an estimated £53 per month (4.2%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 2, Drive Fields, Wolverhampton sits on a plot of 593m2.
We have plot size data on 10 out of 11 other houses in the postcode and 2, Drive Fields, Wolverhampton sits on the 8th largest plot.
2, Drive Fields, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Drive Fields, Wolverhampton was last sold on 30th August 2024 for £268,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Drive Fields, Wolverhampton within a radius of 870 metres over the last 2 years.
The most recent example is 72, Langley Road, Wolverhampton, WV3 7LH, a freehold house which sold for £210,000 on the 24th August 2023.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drive Fields, Wolverhampton, WV4 has a total of 13 addresses. According to our analysis of all the public data, 2, Drive Fields, Wolverhampton is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in WV4.
The closest station to 2, Drive Fields, Wolverhampton is Wolverhampton station which is 4.8 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Drive Fields, 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 2, Drive Fields, 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 2, Drive Fields, 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 2, Drive Fields, 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 2, Drive Fields, 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.