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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Springhill Park, Wolverhampton is £354,233 and the estimated rental value is £1,268 per month.
Springhill Park, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
38, Springhill Park, Wolverhampton has a single entry in the Land Registry from January 2007 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 38, Springhill Park, Wolverhampton is in very good condition we estimate a sale value of £371,945 and a rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,437 and a rental value of £1,179 per month.
Over the last 12 months the sale value of 38 Springhill Park Wolverhampton has increased by an estimated £8,956 (2.5%) and its rental value has increased by an estimated £54 per month (4.2%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 38, Springhill Park, Wolverhampton sits on a plot of 364m2.
We have plot size data on 20 out of 22 other houses in the postcode and 38, Springhill Park, Wolverhampton sits on the 17th largest plot.
38, Springhill Park, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 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, 38, Springhill Park, Wolverhampton was last sold on 26th January 2007 for £222,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Springhill Park, Wolverhampton within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 66, Springhill Park, Wolverhampton, WV4 4TP, a freehold house which sold for £367,000 on the 17th December 2024.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springhill Park, Wolverhampton, WV4 has a total of 76 addresses. According to our analysis of all the public data, 38, Springhill Park, Wolverhampton is the 71st largest and the 76th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in WV4.
The closest station to 38, Springhill Park, Wolverhampton is Wolverhampton station which is 5.4 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 38, Springhill Park, Wolverhampton, 39.6% of property is privately owned outright and 30.7% 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 38, Springhill Park, Wolverhampton, 12.6% of residents are recorded as possessing school level qualifications and 36.2% 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 38, Springhill Park, Wolverhampton, the average age was 47.2 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 38, Springhill Park, Wolverhampton, 3.3% 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 38, Springhill Park, Wolverhampton, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.