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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, 27, Springfield Lane, Wolverhampton is a mid-century freehold house with 861 ft2 of internal area and sits on a 685 m2 plot.
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 27, Springfield Lane, Wolverhampton is £324,044 and the estimated rental value is £1,411 per month.
Springfield Lane, Wolverhampton, WV10 is located in the borough of City of Wolverhampton within the WV10 postal district.
27, Springfield Lane, Wolverhampton has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated June 2018.
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 27, Springfield Lane, Wolverhampton is in very good condition we estimate a sale value of £340,247 and a rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,361 and a rental value of £1,312 per month.
Over the last 12 months the sale value of 27 Springfield Lane Wolverhampton has increased by an estimated £10,077 (3.1%) and its rental value has increased by an estimated £71 per month (5.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 27, Springfield Lane, Wolverhampton sits on a plot of 685m2.
We have plot size data on 17 out of 18 other houses in the postcode and 27, Springfield Lane, Wolverhampton sits on the 9th largest plot.
27, Springfield Lane, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jun 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 27, Springfield Lane, Wolverhampton was last sold on 7th December 2018 for £266,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Springfield Lane, Wolverhampton within a radius of 790 metres over the last 2 years.
The most recent example is 24, Springfield Lane, Wolverhampton, WV10 6PX, a freehold house which sold for £352,500 on the 19th April 2022.
Read more about house prices in WV10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Lane, Wolverhampton, WV10 has a total of 60 addresses. According to our analysis of all the public data, 27, Springfield Lane, Wolverhampton is the 42nd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in WV10.
The closest station to 27, Springfield Lane, Wolverhampton is Bilbrook station which is 4.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Springfield Lane, Wolverhampton, 44.4% of property is privately owned outright and 44.4% 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 27, Springfield Lane, Wolverhampton, 25.0% of residents are recorded as possessing school level qualifications and 35.2% 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 27, Springfield Lane, Wolverhampton, the average age was 42.1 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 27, Springfield Lane, Wolverhampton, 0.7% 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 27, Springfield Lane, 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.
