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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, 3 Faraday Gardens, Wolverhampton is a modern freehold house with 1,463 ft2 of internal area and sits on a 366 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Faraday Gardens, Wolverhampton is £457,944 and the estimated rental value is £1,592 per month.
Merridale Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
3 Faraday Gardens, Wolverhampton has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated February 2019.
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 3 Faraday Gardens, Wolverhampton is in very good condition we estimate a sale value of £480,841 and a rental value of £1,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,888 and a rental value of £1,481 per month.
Over the last 12 months the sale value of 3 Faraday Gardens Wolverhampton has increased by an estimated £4,680 (1.0%) and its rental value has increased by an estimated £61 per month (3.8%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 3 Faraday Gardens, Wolverhampton sits on a plot of 366m2.
We have plot size data on 5 out of 5 other houses in the postcode and 3 Faraday Gardens, Wolverhampton sits on the 2nd largest plot.
3 Faraday Gardens, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Feb 2019.
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, 3 Faraday Gardens, Wolverhampton was last sold on 25th March 2019 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has risen 53.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Faraday Gardens, Wolverhampton within a radius of 560 metres over the last 2 years.
The most recent example is 2 Faraday Gardens, Merridale Road, Wolverhampton, WV3 9EQ, a freehold house which sold for £325,000 on the 25th January 2019.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merridale Road, Wolverhampton, WV3 has a total of 349 addresses. According to our analysis of all the public data, 3 Faraday Gardens, Wolverhampton is the 19th largest and the most expensive property on the street.
When compared to the postcode district it is £253k more expensive than the average property in WV3.
The closest station to 3 Faraday Gardens, Wolverhampton is Wolverhampton station which is 2.3 kilometres away.
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 3 Faraday Gardens, Wolverhampton, 65.1% of property is socially rented and 21.1% is privately rented.
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 3 Faraday Gardens, Wolverhampton, 6.0% of residents are recorded as possessing school level qualifications and 24.4% 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 3 Faraday Gardens, Wolverhampton, the average age was 34.4 and the most common age was 22.
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 3 Faraday Gardens, 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 3 Faraday Gardens, Wolverhampton, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
