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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, 32, Ridge Lane, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 781 ft2 of internal area and sits on a 278 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Ridge Lane, Wolverhampton is £210,937 and the estimated rental value is £1,122 per month.
Ridge Lane, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
32, Ridge Lane, Wolverhampton has a single entry in the Land Registry from September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 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, Ridge Lane, Wolverhampton is in very good condition we estimate a sale value of £221,483 and a rental value of £1,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,171 and a rental value of £1,044 per month.
Over the last 12 months the sale value of 32 Ridge Lane Wolverhampton has increased by an estimated £5,238 (2.5%) and its rental value has increased by an estimated £56 per month (5.0%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 32, Ridge Lane, Wolverhampton sits on a plot of 278m2.
We have plot size data on 37 out of 44 other houses in the postcode and 32, Ridge Lane, Wolverhampton sits on the 16th largest plot.
According to HM Land Registry, 32, Ridge Lane, Wolverhampton was last sold on 17th September 2012 for £91,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2012, the market for similar properties has risen 65.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Ridge Lane, Wolverhampton within a radius of 630 metres over the last 2 years.
The most recent example is 253, Linthouse Lane, Wolverhampton, WV11 3TT, a freehold house which sold for £185,000 on the 28th May 2021.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridge Lane, Wolverhampton, WV11 has a total of 106 addresses. According to our analysis of all the public data, 32, Ridge Lane, Wolverhampton is the 64th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in WV11.
The closest station to 32, Ridge Lane, Wolverhampton is Wolverhampton station which is 3.7 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 32, Ridge Lane, Wolverhampton, 51.2% of property is privately owned outright and 33.3% 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, Ridge Lane, Wolverhampton, 16.6% of residents are recorded as possessing school level qualifications and 20.1% 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, Ridge Lane, Wolverhampton, the average age was 43 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 32, Ridge Lane, 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, Ridge Lane, Wolverhampton, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
