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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, 3, Cheviot 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 3, Cheviot Road, Wolverhampton is £77,516 and the estimated rental value is £625 per month.
The apartment is within 3, Cheviot Road, Wolverhampton, WV2.
Cheviot Road, Wolverhampton, WV2 is located in the borough of City of Wolverhampton within the WV2 postal district.
3, Cheviot Road, Wolverhampton has a single entry in the Land Registry from December 2010 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Cheviot Road, Wolverhampton is in very good condition we estimate a sale value of £81,392 and a rental value of £656 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,090 and a rental value of £581 per month.
Over the last 12 months the sale value of 3 Cheviot Road Wolverhampton has increased by an estimated £794 (1.0%) and its rental value has increased by an estimated £16 per month (2.5%), giving an expected gross yield of 9.7%.
3, Cheviot Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 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, 3, Cheviot Road, Wolverhampton was last sold on 15th December 2010 for £50,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2010, the market for similar properties has risen 82.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Cheviot Road, Wolverhampton within a radius of 580 metres over the last 2 years.
The most recent example is 31B, Rough Hills Road, Wolverhampton, WV2 2HJ, a leasehold flat which sold for £55,000 on the 23rd February 2024.
Read more about house prices in WV2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheviot Road, Wolverhampton, WV2 has a total of 86 addresses. According to our analysis of all the public data, 3, Cheviot Road, Wolverhampton is the 83rd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in WV2.
The closest station to 3, Cheviot Road, Wolverhampton is Wolverhampton station which is 2.0 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 3, Cheviot Road, Wolverhampton, 38.0% of property is socially rented and 25.6% 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 3, Cheviot Road, Wolverhampton, 25.0% of residents are recorded as possessing school level qualifications and 22.1% 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, Cheviot Road, Wolverhampton, the average age was 35.3 and the most common age was 32.
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, Cheviot 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 3, Cheviot Road, 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.
