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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, The Spinney, Wolverhampton is £346,263 and the estimated rental value is £1,292 per month.
The Spinney, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
2, The Spinney, Wolverhampton has 31 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated July 2022.
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, The Spinney, Wolverhampton is in very good condition we estimate a sale value of £363,576 and a rental value of £1,357 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,024 and a rental value of £1,202 per month.
Over the last 12 months the sale value of 2 The Spinney Wolverhampton has increased by an estimated £11,456 (3.3%) and its rental value has increased by an estimated £61 per month (4.7%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, The Spinney, Wolverhampton sits on a plot of 630m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, The Spinney, Wolverhampton sits on the largest plot.
2, The Spinney, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2022.
The property is 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, The Spinney, Wolverhampton was last sold on 3rd February 2023 for £350,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2023, the market for similar properties has dropped 34.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Spinney, Wolverhampton within a radius of 650 metres over the last 2 years.
The most recent example is 21, Linden Lea, Wolverhampton, WV3 8BH, a freehold house which sold for £349,950 on the 17th February 2025.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Wolverhampton, WV3 has a total of 53 addresses. According to our analysis of all the public data, 2, The Spinney, Wolverhampton is the 41st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in WV3.
The closest station to 2, The Spinney, Wolverhampton is Wolverhampton station which is 3.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Spinney, Wolverhampton, 64.5% of property is privately owned outright and 26.6% 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 Spinney, Wolverhampton, 14.7% of residents are recorded as possessing school level qualifications and 37.0% 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 Spinney, Wolverhampton, the average age was 45.1 and the most common age was 47.
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 Spinney, Wolverhampton, 3.1% 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 Spinney, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.