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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 32, Millfields Way, Wolverhampton is £227,713 and the estimated rental value is £1,232 per month.
Millfields Way, Wombourne, Wolverhampton, WV5 is located in the borough of South Staffordshire within the WV5 postal district.
32, Millfields Way, Wolverhampton has a single entry in the Land Registry from July 2014 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 32, Millfields Way, Wolverhampton is in very good condition we estimate a sale value of £239,099 and a rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,773 and a rental value of £1,145 per month.
Over the last 12 months the sale value of 32 Millfields Way Wolverhampton has increased by an estimated £8,553 (3.8%) and its rental value has increased by an estimated £57 per month (4.6%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 32, Millfields Way, Wolverhampton sits on a plot of 204m2.
We have plot size data on 21 out of 24 other houses in the postcode and 32, Millfields Way, Wolverhampton sits on the 10th largest plot.
32, Millfields Way, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Millfields Way, Wolverhampton was last sold on 4th July 2014 for £140,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has risen 78.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Millfields Way, Wolverhampton within a radius of 830 metres over the last 2 years.
The most recent example is 3, Swinford Leys, Wolverhampton, WV5 8HT, a freehold house which sold for £217,950 on the 9th August 2024.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfields Way, Wombourne, Wolverhampton, WV5 has a total of 81 addresses. According to our analysis of all the public data, 32, Millfields Way, Wolverhampton is the 54th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in WV5.
The closest station to 32, Millfields Way, Wolverhampton is Coseley station which is 8.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 32, Millfields Way, Wolverhampton, 44.7% of property is privately owned outright and 36.6% 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 32, Millfields Way, Wolverhampton, 14.7% of residents are recorded as possessing school level qualifications and 27.1% 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 32, Millfields Way, Wolverhampton, the average age was 45.5 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 32, Millfields Way, 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 32, Millfields Way, 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.