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According to the public record, 25, Wheatsheaf Road, Wolverhampton is a mid-century leasehold apartment with 473 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 25, Wheatsheaf Road, Wolverhampton is £66,248 and the estimated rental value is £480 per month.
Wheatsheaf Road, Wolverhampton, WV8 is located in the borough of City of Wolverhampton within the WV8 postal district.
25, Wheatsheaf Road, Wolverhampton has 21 entries in the Land Registry , most recently in June 2012 and a single entry in the EPC database dated July 2021.
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 25, Wheatsheaf Road, Wolverhampton is in very good condition we estimate a sale value of £69,560 and a rental value of £504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,610 and a rental value of £446 per month.
Over the last 12 months the sale value of 25 Wheatsheaf Road Wolverhampton has increased by an estimated £918 (1.4%) and its rental value has increased by an estimated £11 per month (2.4%), giving an expected gross yield of 8.7%.
25, Wheatsheaf Road, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2021.
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, 25, Wheatsheaf Road, Wolverhampton was last sold on 29th June 2012 for £42,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2012, the market for similar properties has risen 114.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Wheatsheaf Road, Wolverhampton within a radius of 650 metres over the last 2 years.
The most recent example is 8, Bracken Close, Wolverhampton, WV8 1UH, a leasehold flat which sold for £55,000 on the 4th May 2018.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatsheaf Road, Wolverhampton, WV8 has a total of 49 addresses. According to our analysis of all the public data, 25, Wheatsheaf Road, Wolverhampton is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in WV8.
The closest station to 25, Wheatsheaf Road, Wolverhampton is Bilbrook station which is 2.1 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 25, Wheatsheaf Road, Wolverhampton, 54.4% of property is socially rented and 21.1% 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 25, Wheatsheaf Road, Wolverhampton, 25.2% of residents are recorded as possessing school level qualifications and 20.8% 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 25, Wheatsheaf Road, Wolverhampton, the average age was 39.1 and the most common age was 62.
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 25, Wheatsheaf Road, 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 25, Wheatsheaf Road, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.