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According to the public record, 39, Furnace Drive, Wolverhampton is a modern freehold house with 818 ft2 of internal area and sits on a 201 m2 plot.
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 39, Furnace Drive, Wolverhampton is £231,747 and the estimated rental value is £1,093 per month.
Furnace Drive, Wolverhampton, WV2 is located in the borough of City of Wolverhampton within the WV2 postal district.
39, Furnace Drive, Wolverhampton has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated August 2020.
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 39, Furnace Drive, Wolverhampton is in very good condition we estimate a sale value of £243,334 and a rental value of £1,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,525 and a rental value of £1,017 per month.
Over the last 12 months the sale value of 39 Furnace Drive Wolverhampton has increased by an estimated £7,667 (3.3%) and its rental value has increased by an estimated £51 per month (4.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 39, Furnace Drive, Wolverhampton sits on a plot of 201m2.
We have plot size data on 11 out of 44 other houses in the postcode and 39, Furnace Drive, Wolverhampton sits on the 8th largest plot.
39, Furnace Drive, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 39, Furnace Drive, Wolverhampton was last sold on 6th October 2020 for £178,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 52.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Furnace Drive, Wolverhampton within a radius of 660 metres over the last 2 years.
The most recent example is 40, Furnace Drive, Wolverhampton, WV2 2FF, a freehold house which sold for £175,000 on the 27th January 2021.
Read more about house prices in WV2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Furnace Drive, Wolverhampton, WV2 has a total of 44 addresses. According to our analysis of all the public data, 39, Furnace Drive, Wolverhampton is the 20th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in WV2.
The closest station to 39, Furnace Drive, Wolverhampton is Wolverhampton station which is 1.3 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 39, Furnace Drive, Wolverhampton, % of property is and % is .
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 39, Furnace Drive, Wolverhampton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 39, Furnace Drive, 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 39, Furnace Drive, Wolverhampton, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.