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According to the public record, 348, Kitchen Lane, Wolverhampton is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 348, Kitchen Lane, Wolverhampton is £108,069 and the estimated rental value is £572 per month.
Kitchen Lane, Wednesfield, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
348, Kitchen Lane, Wolverhampton has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated June 2024.
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.
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 348, Kitchen Lane, Wolverhampton is in very good condition we estimate a sale value of £113,472 and a rental value of £601 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,504 and a rental value of £532 per month.
Over the last 12 months the sale value of 348 Kitchen Lane Wolverhampton has increased by an estimated £1,029 (1.0%) and its rental value has increased by an estimated £17 per month (3.0%), giving an expected gross yield of 6.4%.
348, Kitchen Lane, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 348, Kitchen Lane, Wolverhampton was last sold on 24th March 2016 for £65,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 42.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 348, Kitchen Lane, Wolverhampton within a radius of 670 metres over the last 2 years.
The most recent example is 16, Russell Close, Wolverhampton, WV11 2LA, a leasehold flat which sold for £93,500 on the 11th November 2024.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kitchen Lane, Wednesfield, Wolverhampton, WV11 has a total of 209 addresses. According to our analysis of all the public data, 348, Kitchen Lane, Wolverhampton is the 170th largest and the 159th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in WV11.
The closest station to 348, Kitchen Lane, Wolverhampton is Bloxwich North station which is 2.8 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 348, Kitchen Lane, Wolverhampton, 35.2% of property is socially rented and 25.6% 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 348, Kitchen Lane, Wolverhampton, 12.5% of residents are recorded as possessing school level qualifications and 23.2% 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 348, Kitchen Lane, Wolverhampton, the average age was 41.9 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 348, Kitchen Lane, Wolverhampton, 0.0% 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 348, Kitchen Lane, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.