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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 24, Rakegate Close, Wolverhampton is £274,802 and the estimated rental value is £1,244 per month.
Rakegate Close, Wolverhampton, WV10 is located in the borough of City of Wolverhampton within the WV10 postal district.
24, Rakegate Close, Wolverhampton has a single entry in the Land Registry from February 2013 and a single entry in the EPC database dated November 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 24, Rakegate Close, Wolverhampton is in very good condition we estimate a sale value of £288,542 and a rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,565 and a rental value of £1,157 per month.
Over the last 12 months the sale value of 24 Rakegate Close Wolverhampton has increased by an estimated £8,546 (3.1%) and its rental value has increased by an estimated £63 per month (5.1%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 24, Rakegate Close, Wolverhampton sits on a plot of 218m2.
We have plot size data on 41 out of 41 other houses in the postcode and 24, Rakegate Close, Wolverhampton sits on the 13th largest plot.
24, Rakegate Close, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 24, Rakegate Close, Wolverhampton was last sold on 22nd February 2013 for £187,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2013, the market for similar properties has risen 98.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Rakegate Close, Wolverhampton within a radius of 610 metres over the last 2 years.
The most recent example is 28, Rakegate Close, Wolverhampton, WV10 6US, a freehold house which sold for £269,000 on the 12th December 2024.
Read more about house prices in WV10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rakegate Close, Wolverhampton, WV10 has a total of 41 addresses. According to our analysis of all the public data, 24, Rakegate Close, Wolverhampton is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in WV10.
The closest station to 24, Rakegate Close, Wolverhampton is Bilbrook station which is 3.4 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 24, Rakegate Close, Wolverhampton, 39.9% of property is socially rented and 28.7% 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 24, Rakegate Close, Wolverhampton, 31.3% of residents are recorded as possessing school level qualifications and 30.4% 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, Rakegate Close, Wolverhampton, the average age was 39.4 and the most common age was 12.
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, Rakegate 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 24, Rakegate Close, 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.