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According to the public record, 37, Millfields Way, Wolverhampton is a mid-century leasehold house with 448 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 37, Millfields Way, Wolverhampton is £173,140 and the estimated rental value is £933 per month.
Millfields Way, Wombourne, Wolverhampton, WV5 is located in the borough of South Staffordshire within the WV5 postal district.
37, Millfields Way, Wolverhampton has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated February 2020.
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 37, Millfields Way, Wolverhampton is in very good condition we estimate a sale value of £181,797 and a rental value of £979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,021 and a rental value of £867 per month.
Over the last 12 months the sale value of 37 Millfields Way Wolverhampton has increased by an estimated £7,907 (4.6%) and its rental value has increased by an estimated £51 per month (5.4%), giving an expected gross yield of 6.5%.
37, Millfields Way, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Feb 2020.
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, 37, Millfields Way, Wolverhampton was last sold on 1st February 2021 for £82,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since February 2021, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 37, Millfields Way, Wolverhampton within a radius of 860 metres over the last 2 years.
The most recent example is 69, Clee View Road, Wolverhampton, WV5 0BD, a freehold house which sold for £180,000 on the 4th April 2016.
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, 37, Millfields Way, Wolverhampton is the 79th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in WV5.
The closest station to 37, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 37, 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 37, 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 37, 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 37, 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 37, 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.