32, Bankfield Road
32, Bankfield Road
Description & Estimates
32, Bankfield Road, Bilston is recorded publicly as a modern leasehold apartment across 775 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 32, Bankfield Road, Bilston is £156,450 and its rental estimate is £834 per month, given the available information and assuming reasonable condition.
Bankfield Road, Bilston, WV14 falls within the WV14 postal district, in the borough of City of Wolverhampton.
Our Data Sources
32, Bankfield Road, Bilston has a single entry in the Land Registry from January 2016 and a single entry in the EPC database dated November 2015.
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.
Price Range & Condition
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 32, Bankfield Road, Bilston, we estimate a market value of £164,272 and a rental value of £875 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £145,498 and £775 per month respectively.
Recent Market Change
Over the last year, 32, Bankfield Road, Bilston has seen its estimated sale value decline by £243 (0.2%) and its estimated rental value climb by £13 per month (1.5%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
32, Bankfield Road, Bilston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Nov 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 32, Bankfield Road, Bilston completed on 29th January 2016 at £99,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.7% over the period since January 2016.
- Sold Jan 2016£99,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 32, Bankfield Road, Bilston have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2023, was 73, Greenway Road, Bilston, WV14 0TX, a leasehold flat which sold for £118,000.
Read more about house prices in WV14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Bankfield Road, Bilston, WV14, 32, Bankfield Road, Bilston comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the WV14 district.
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Schools Nearby
- 300mLoxdale Primary School
- 500mWilkinson Primary School
- 900mHoly Trinity Catholic Primary School
- 600mOrmiston SWB Academy
- 1.7kmGospel Oak School
- 1.8kmThe Khalsa Academy Wolverhampton
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Public Transport Nearby
From 32, Bankfield Road, Bilston, the nearest station is Coseley, 1.9 kilometres away.
- 1.9kmCoseley
- 3.2kmTipton
- 4.1kmDudley Port
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
