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According to the public record, 4, Gainsborough Drive, Wolverhampton is a modern leasehold apartment with 624 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 4, Gainsborough Drive, Wolverhampton is £125,969 and the estimated rental value is £712 per month.
Gainsborough Drive, Wolverhampton, WV6 is located in the borough of South Staffordshire within the WV6 postal district.
4, Gainsborough Drive, Wolverhampton has 71 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated May 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 4, Gainsborough Drive, Wolverhampton is in very good condition we estimate a sale value of £132,268 and a rental value of £747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,152 and a rental value of £662 per month.
Over the last 12 months the sale value of 4 Gainsborough Drive Wolverhampton has increased by an estimated £873 (0.7%) and its rental value has increased by an estimated £18 per month (2.6%), giving an expected gross yield of 6.8%.
4, Gainsborough Drive, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 May 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, 4, Gainsborough Drive, Wolverhampton was last sold on 13th February 2024 for £130,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since February 2024, the market for similar properties has dropped 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Gainsborough Drive, Wolverhampton within a radius of 680 metres over the last 2 years.
The most recent example is 14, Gainsborough Drive, Wolverhampton, WV6 7NR, a leasehold flat which sold for £95,000 on the 29th September 2023.
Read more about house prices in WV6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Drive, Wolverhampton, WV6 has a total of 50 addresses. According to our analysis of all the public data, 4, Gainsborough Drive, Wolverhampton is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in WV6.
The closest station to 4, Gainsborough Drive, Wolverhampton is Bilbrook station which is 3.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 4, Gainsborough 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 4, Gainsborough 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 4, Gainsborough 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 4, Gainsborough 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.