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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, 24, Elder Grove, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 510 ft2 of internal area and sits on a 136 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Elder Grove, Wolverhampton is £211,710 and the estimated rental value is £1,038 per month.
Elder Grove, Wombourne, Wolverhampton, WV5 is located in the borough of South Staffordshire within the WV5 postal district.
24, Elder Grove, Wolverhampton has a single entry in the Land Registry from June 2016 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 24, Elder Grove, Wolverhampton is in very good condition we estimate a sale value of £222,295 and a rental value of £1,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,890 and a rental value of £965 per month.
Over the last 12 months the sale value of 24 Elder Grove Wolverhampton has increased by an estimated £9,668 (4.6%) and its rental value has increased by an estimated £56 per month (5.4%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 24, Elder Grove, Wolverhampton sits on a plot of 136m2.
We have plot size data on 3 out of 8 other houses in the postcode and 24, Elder Grove, Wolverhampton sits on the 3rd largest plot.
According to HM Land Registry, 24, Elder Grove, Wolverhampton was last sold on 17th June 2016 for £92,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2016, the market for similar properties has risen 99.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Elder Grove, Wolverhampton within a radius of 560 metres over the last 2 years.
The most recent example is 23, Quendale, Wolverhampton, WV5 8JZ, a freehold house which sold for £222,500 on the 6th October 2023.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Grove, Wombourne, Wolverhampton, WV5 has a total of 38 addresses. According to our analysis of all the public data, 24, Elder Grove, Wolverhampton is the 33rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in WV5.
The closest station to 24, Elder Grove, Wolverhampton is Coseley station which is 7.7 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 24, Elder Grove, Wolverhampton, 73.8% of property is socially rented and 12.3% 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 24, Elder Grove, Wolverhampton, 15.6% of residents are recorded as possessing school level qualifications and 12.6% 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 24, Elder Grove, 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 24, Elder Grove, Wolverhampton, 1.6% 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 24, Elder Grove, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
