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According to the public record, 394, Griffiths Drive, Wolverhampton is a mid-century leasehold apartment with 581 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 394, Griffiths Drive, Wolverhampton is £102,135 and the estimated rental value is £560 per month.
Griffiths Drive, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
394, Griffiths Drive, Wolverhampton has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 394, Griffiths Drive, Wolverhampton is in very good condition we estimate a sale value of £107,242 and a rental value of £587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,986 and a rental value of £520 per month.
Over the last 12 months the sale value of 394 Griffiths Drive Wolverhampton has increased by an estimated £973 (1.0%) and its rental value has increased by an estimated £17 per month (3.0%), giving an expected gross yield of 6.6%.
394, Griffiths Drive, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2023.
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, 394, Griffiths Drive, Wolverhampton was last sold on 14th March 2024 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 394, Griffiths Drive, Wolverhampton within a radius of 530 metres over the last 2 years.
The most recent example is 356, Griffiths Drive, Wolverhampton, WV11 2LB, a leasehold flat which sold for £105,000 on the 7th December 2023.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Griffiths Drive, Wolverhampton, WV11 has a total of 524 addresses. According to our analysis of all the public data, 394, Griffiths Drive, Wolverhampton is the 433rd largest and the 418th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in WV11.
The closest station to 394, Griffiths Drive, Wolverhampton is Bloxwich North station which is 2.6 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 394, Griffiths Drive, Wolverhampton, 40.2% of property is socially rented and 23.8% is privately owned outright.
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 394, Griffiths Drive, Wolverhampton, 17.4% of residents are recorded as possessing school level qualifications and 13.7% 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 394, Griffiths Drive, Wolverhampton, the average age was 41.9 and the most common age was 52.
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 394, Griffiths Drive, Wolverhampton, 1.1% 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 394, Griffiths Drive, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
