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!
3, Rainbow Street, Bilston is recorded publicly as an early-century freehold house across 538 ft2 of internal area, sitting on a 205 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Rainbow Street, Bilston is £174,756 and its rental estimate is £874 per month, given the available information and assuming reasonable condition.
Rainbow Street, Bilston, WV14 falls within the WV14 postal district, in the borough of Dudley.
3, Rainbow Street, Bilston has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Rainbow Street, Bilston, we estimate a market value of £183,494 and a rental value of £917 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,523 and £813 per month respectively.
Over the last year, 3, Rainbow Street, Bilston has seen its estimated sale value move up by £7,012 (4.0%) and its estimated rental value increase by £44 per month (5.0%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 3, Rainbow Street, Bilston as measuring 205 m2.
That makes it the 25th largest plot in the postcode, where 35 of the 43 other houses have recorded plot data.
3, Rainbow Street, Bilston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Rainbow Street, Bilston completed on 24th March 2017 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 75.3% over the period since March 2017.
Over the past 2 years 3 properties similar to 3, Rainbow Street, Bilston have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2022, was 61, Rounds Road, Bilston, WV14 8SZ, a freehold house which sold for £155,000.
Read more about house prices in WV14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 79 addresses on Rainbow Street, Bilston, WV14, 3, Rainbow Street, Bilston comes out as the 59th largest and the 49th most expensive in our analysis of the public data.
It is also £21k less expensive than the average property across the WV14 district.
From 3, Rainbow Street, Bilston, the nearest station is Coseley, 900 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Rainbow Street, Bilston, 48.2% of property is socially rented and 23.4% 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, Rainbow Street, Bilston, 16.9% of residents are recorded as possessing school level qualifications and 20.3% 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 3, Rainbow Street, Bilston, the average age was 39.6 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 3, Rainbow Street, Bilston, 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, Rainbow Street, Bilston, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
