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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
According to the public record, 35, Millfields Way, Wolverhampton is a mid-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, Millfields Way, Wolverhampton is £124,603 and the estimated rental value is £607 per month.
Millfields Way, Wombourne, Wolverhampton, WV5 is located in the borough of South Staffordshire within the WV5 postal district.
35, Millfields Way, Wolverhampton has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated March 2017.
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 35, Millfields Way, Wolverhampton is in very good condition we estimate a sale value of £130,833 and a rental value of £638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,881 and a rental value of £565 per month.
Over the last 12 months the sale value of 35 Millfields Way Wolverhampton has increased by an estimated £1,851 (1.5%) and its rental value has increased by an estimated £18 per month (3.0%), giving an expected gross yield of 5.8%.
35, Millfields Way, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 35, Millfields Way, Wolverhampton was last sold on 1st February 2008 for £102,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2008, the market for similar properties has risen 43.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Millfields Way, Wolverhampton within a radius of 870 metres over the last 2 years.
The most recent example is 19, Swinford Leys, Wolverhampton, WV5 8HT, a leasehold flat which sold for £134,000 on the 8th September 2023.
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, 35, Millfields Way, Wolverhampton is the 80th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in WV5.
The closest station to 35, 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 35, 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 35, 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 35, 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 35, 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 35, 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.
