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According to the public record, 3, Oak Tree Drive, Wolverhampton is a modern freehold house with 721 ft2 of internal area and sits on a 236 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 3, Oak Tree Drive, Wolverhampton is £279,611 and the estimated rental value is £1,253 per month.
Oak Tree Drive, Essington, Wolverhampton, WV11 is located in the borough of South Staffordshire within the WV11 postal district.
3, Oak Tree Drive, Wolverhampton has a single entry in the Land Registry from August 2021 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 3 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, Oak Tree Drive, Wolverhampton is in very good condition we estimate a sale value of £293,592 and a rental value of £1,316 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,038 and a rental value of £1,165 per month.
Over the last 12 months the sale value of 3 Oak Tree Drive Wolverhampton has increased by an estimated £6,943 (2.5%) and its rental value has increased by an estimated £63 per month (5.0%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 3, Oak Tree Drive, Wolverhampton sits on a plot of 236m2.
We have plot size data on 10 out of 10 other houses in the postcode and 3, Oak Tree Drive, Wolverhampton sits on the 7th largest plot.
3, Oak Tree Drive, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jul 2021.
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, Oak Tree Drive, Wolverhampton was last sold on 26th August 2021 for £242,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has dropped 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Oak Tree Drive, Wolverhampton within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 7, Oak Tree Drive, Wolverhampton, WV11 2SN, a leasehold house which sold for £119,160 on the 14th April 2022.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Tree Drive, Essington, Wolverhampton, WV11 has a total of 10 addresses. According to our analysis of all the public data, 3, Oak Tree Drive, Wolverhampton is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in WV11.
The closest station to 3, Oak Tree Drive, Wolverhampton is Bloxwich North station which is 2.5 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, Oak Tree Drive, Wolverhampton, 51.2% of property is privately owned outright and 34.1% 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 3, Oak Tree Drive, Wolverhampton, 15.2% of residents are recorded as possessing school level qualifications and 30.1% 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, Oak Tree Drive, Wolverhampton, the average age was 43.8 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 3, Oak Tree Drive, 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 3, Oak Tree Drive, 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.
