Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 2, Stanham Close, Wolverhampton is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 863 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Stanham Close, Wolverhampton is £209,678 and the estimated rental value is £841 per month.
Stanham Close, Wombourne, Wolverhampton, WV5 is located in the borough of South Staffordshire within the WV5 postal district.
2, Stanham Close, Wolverhampton has a single entry in the Land Registry from March 2012 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 2, Stanham Close, Wolverhampton is in very good condition we estimate a sale value of £220,162 and a rental value of £883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,000 and a rental value of £782 per month.
Over the last 12 months the sale value of 2 Stanham Close Wolverhampton has increased by an estimated £3,589 (1.7%) and its rental value has increased by an estimated £21 per month (2.5%), giving an expected gross yield of 4.8%.
According to HM Land Registry, 2, Stanham Close, Wolverhampton was last sold on 9th March 2012 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 58.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Stanham Close, Wolverhampton within a radius of 630 metres over the last 2 years.
The most recent example is 8 Thorsten House, Rees Drive, Wolverhampton, WV5 9DW, a leasehold flat which sold for £230,000 on the 7th October 2022.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanham Close, Wombourne, Wolverhampton, WV5 has a total of 14 addresses. According to our analysis of all the public data, 2, Stanham Close, Wolverhampton is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in WV5.
The closest station to 2, Stanham Close, Wolverhampton is Coseley station which is 6.9 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, Stanham Close, Wolverhampton, 41.3% of property is socially rented and 25.2% 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, Stanham Close, Wolverhampton, 4.3% of residents are recorded as possessing school level qualifications and 23.2% 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, Stanham Close, Wolverhampton, the average age was 45.5 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, Stanham Close, Wolverhampton, 0.5% 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, Stanham Close, Wolverhampton, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
