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According to the public record, 2, Palmers Close, Wolverhampton is a mid-century freehold house with 1,399 ft2 of internal area and sits on a 221 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, Palmers Close, Wolverhampton is £292,187 and the estimated rental value is £1,379 per month.
Palmers Close, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
2, Palmers Close, Wolverhampton has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Palmers Close, Wolverhampton is in very good condition we estimate a sale value of £306,796 and a rental value of £1,448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,734 and a rental value of £1,282 per month.
Over the last 12 months the sale value of 2 Palmers Close Wolverhampton has increased by an estimated £2,460 (0.8%) and its rental value has increased by an estimated £33 per month (2.4%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Palmers Close, Wolverhampton sits on a plot of 221m2.
We have plot size data on 16 out of 17 other houses in the postcode and 2, Palmers Close, Wolverhampton sits on the 8th largest plot.
2, Palmers Close, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2012.
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, Palmers Close, Wolverhampton was last sold on 24th September 2021 for £272,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2021, the market for similar properties has risen 30.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Palmers Close, Wolverhampton within a radius of 940 metres over the last 2 years.
The most recent example is 9, Farm Close, Wolverhampton, WV8 1JU, a freehold house which sold for £305,000 on the 1st December 2023.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Close, Codsall, Wolverhampton, WV8 has a total of 17 addresses. According to our analysis of all the public data, 2, Palmers Close, Wolverhampton is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in WV8.
The closest station to 2, Palmers Close, Wolverhampton is Bilbrook station which is 800 metres 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, Palmers Close, Wolverhampton, 31.9% of property is privately owned with a mortgage and 30.4% 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 2, Palmers Close, Wolverhampton, 17.3% of residents are recorded as possessing school level qualifications and 32.3% 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, Palmers Close, Wolverhampton, the average age was 45.8 and the most common age was 52.
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, Palmers Close, Wolverhampton, 0.0% 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, Palmers Close, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.