Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 261, Lichfield Road, Wolverhampton is a mid-century leasehold apartment with 570 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 261, Lichfield Road, Wolverhampton is £118,262 and the estimated rental value is £626 per month.
The apartment is within 261, Lichfield Road, Wolverhampton, WV11.
Lichfield Road, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
261, Lichfield Road, Wolverhampton has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated February 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 261, Lichfield Road, Wolverhampton is in very good condition we estimate a sale value of £124,175 and a rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,983 and a rental value of £582 per month.
Over the last 12 months the sale value of 261 Lichfield Road Wolverhampton has increased by an estimated £1,126 (1.0%) and its rental value has increased by an estimated £19 per month (3.0%), giving an expected gross yield of 6.3%.
261, Lichfield Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 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, 261, Lichfield Road, Wolverhampton was last sold on 23rd August 2022 for £123,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 261, Lichfield Road, Wolverhampton within a radius of 570 metres over the last 2 years.
The most recent example is 273A, Lichfield Road, Wolverhampton, WV11 3EW, a leasehold flat which sold for £109,000 on the 19th July 2024.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lichfield Road, Wolverhampton, WV11 has a total of 237 addresses. According to our analysis of all the public data, 261, Lichfield Road, Wolverhampton is the 217th largest and the 213th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in WV11.
The closest station to 261, Lichfield Road, Wolverhampton is Wolverhampton station which is 3.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 261, Lichfield Road, Wolverhampton, 36.7% of property is socially rented and 31.2% 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 261, Lichfield Road, Wolverhampton, 13.9% of residents are recorded as possessing school level qualifications and 19.3% 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 261, Lichfield Road, Wolverhampton, the average age was 43 and the most common age was 52.
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 261, Lichfield Road, Wolverhampton, 0.4% 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 261, Lichfield Road, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
