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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, 2, Grove Lane, Wolverhampton is a mid-century freehold house with 1,926 ft2 of internal area and sits on a 584 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Grove Lane, Wolverhampton is £548,201 and the estimated rental value is £1,578 per month.
Grove Lane, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
2, Grove Lane, Wolverhampton has a single entry in the Land Registry from May 2014 and a single entry in the EPC database dated May 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 2, Grove Lane, Wolverhampton is in very good condition we estimate a sale value of £575,611 and a rental value of £1,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,827 and a rental value of £1,467 per month.
Over the last 12 months the sale value of 2 Grove Lane Wolverhampton has increased by an estimated £4,911 (0.9%) and its rental value has increased by an estimated £43 per month (2.7%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 2, Grove Lane, Wolverhampton sits on a plot of 584m2.
We have plot size data on 34 out of 37 other houses in the postcode and 2, Grove Lane, Wolverhampton sits on the 26th largest plot.
2, Grove Lane, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Grove Lane, Wolverhampton was last sold on 15th May 2014 for £355,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grove Lane, Wolverhampton within a radius of 640 metres over the last 2 years.
The most recent example is 8, Broxwood Park, Wolverhampton, WV6 8LZ, a freehold house which sold for £525,000 on the 23rd September 2024.
Read more about house prices in WV6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Lane, Wolverhampton, WV6 has a total of 43 addresses. According to our analysis of all the public data, 2, Grove Lane, Wolverhampton is the 22nd largest and the 15th most expensive property on the street.
When compared to the postcode district it is £258k more expensive than the average property in WV6.
The closest station to 2, Grove Lane, Wolverhampton is Bilbrook station which is 4.1 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 2, Grove Lane, Wolverhampton, 57.7% of property is privately owned outright and 35.8% 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, Grove Lane, Wolverhampton, 14.7% of residents are recorded as possessing school level qualifications and 53.2% 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, Grove Lane, Wolverhampton, the average age was 44.4 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, Grove Lane, Wolverhampton, 1.3% 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, Grove 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.
