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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, 36 Belvedere Residence, Wolverhampton is a mid-century leasehold apartment with 742 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 36 Belvedere Residence, Wolverhampton is £158,134 and the estimated rental value is £803 per month.
The apartment is within Belvedere Residence, Chapel Ash, Wolverhampton, WV3.
Chapel Ash, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
36 Belvedere Residence, Wolverhampton has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property 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 36 Belvedere Residence, Wolverhampton is in very good condition we estimate a sale value of £166,041 and a rental value of £843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,065 and a rental value of £747 per month.
Over the last 12 months the sale value of 36 Belvedere Residence Wolverhampton has increased by an estimated £1,619 (1.0%) and its rental value has increased by an estimated £20 per month (2.5%), giving an expected gross yield of 6.1%.
36 Belvedere Residence, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 36 Belvedere Residence, Wolverhampton was last sold on 19th March 2021 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36 Belvedere Residence, Wolverhampton within a radius of 570 metres over the last 2 years.
The most recent example is 27 Belvedere Residence, Chapel Ash, Wolverhampton, WV3 0BF, a leasehold flat which sold for £118,202 on the 20th October 2022.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Ash, Wolverhampton, WV3 has a total of 92 addresses. According to our analysis of all the public data, 36 Belvedere Residence, Wolverhampton is the 27th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in WV3.
The closest station to 36 Belvedere Residence, Wolverhampton is Wolverhampton station which is 1.1 kilometres away.
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 36 Belvedere Residence, Wolverhampton, 60.3% of property is socially rented and 21.5% is privately rented.
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 36 Belvedere Residence, Wolverhampton, 22.4% of residents are recorded as possessing school level qualifications and 28.4% 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 36 Belvedere Residence, Wolverhampton, the average age was 34.4 and the most common age was 22.
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 36 Belvedere Residence, 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 36 Belvedere Residence, Wolverhampton, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
