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According to the public record, 2 The Mill, Wolverhampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 452 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 The Mill, Wolverhampton is £136,132 and the estimated rental value is £794 per month.
The apartment is within The Mill, Albion Street, Wolverhampton, WV1.
Albion Street, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
2 The Mill, Wolverhampton has 21 entries in the Land Registry , most recently in April 2024 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 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 The Mill, Wolverhampton is in very good condition we estimate a sale value of £142,938 and a rental value of £834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,602 and a rental value of £738 per month.
Over the last 12 months the sale value of 2 The Mill Wolverhampton has increased by an estimated £1,394 (1.0%) and its rental value has increased by an estimated £20 per month (2.5%), giving an expected gross yield of 7%.
According to HM Land Registry, 2 The Mill, Wolverhampton was last sold on 26th April 2024 for £55,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2024, the market for similar properties has dropped 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Mill, Wolverhampton within a radius of 540 metres over the last 2 years.
The most recent example is 18, Broad Gauge Way, Wolverhampton, WV10 0AX, a leasehold flat which sold for £90,000 on the 14th May 2025.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Street, Wolverhampton, WV1 has a total of 223 addresses. According to our analysis of all the public data, 2 The Mill, Wolverhampton is the 214th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in WV1.
The closest station to 2 The Mill, Wolverhampton is Wolverhampton station which is 200 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 The Mill, Wolverhampton, 82.6% of property is privately rented and 7.1% 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 The Mill, Wolverhampton, 14.6% of residents are recorded as possessing school level qualifications and 61.5% 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 The Mill, Wolverhampton, the average age was 34.4 and the most common age was 22.
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 The Mill, 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 The Mill, Wolverhampton, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.