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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Red Rock Drive, Wolverhampton is £604,467 and the estimated rental value is £1,707 per month.
Red Rock Drive, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
4, Red Rock Drive, Wolverhampton has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Red Rock Drive, Wolverhampton is in very good condition we estimate a sale value of £634,691 and a rental value of £1,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,155 and a rental value of £1,587 per month.
Over the last 12 months the sale value of 4 Red Rock Drive Wolverhampton has increased by an estimated £5,088 (0.8%) and its rental value has increased by an estimated £40 per month (2.4%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 4, Red Rock Drive, Wolverhampton sits on a plot of 969m2.
We have plot size data on 9 out of 12 other houses in the postcode and 4, Red Rock Drive, Wolverhampton sits on the largest plot.
4, Red Rock Drive, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2016.
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, Red Rock Drive, Wolverhampton was last sold on 24th November 2016 for £405,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Red Rock Drive, Wolverhampton within a radius of 830 metres over the last 2 years.
The most recent example is 12, Wayside Acres, Wolverhampton, WV8 2BS, a freehold house which sold for £580,000 on the 24th May 2023.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Rock Drive, Codsall, Wolverhampton, WV8 has a total of 12 addresses. According to our analysis of all the public data, 4, Red Rock Drive, Wolverhampton is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £294k more expensive than the average property in WV8.
The closest station to 4, Red Rock Drive, Wolverhampton is Codsall station which is 600 metres 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 4, Red Rock Drive, Wolverhampton, 58.8% of property is privately owned outright and 37.0% 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 4, Red Rock Drive, Wolverhampton, 24.2% of residents are recorded as possessing school level qualifications and 44.2% 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 4, Red Rock Drive, Wolverhampton, the average age was 45.8 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 4, Red Rock Drive, Wolverhampton, 1.3% 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 4, Red Rock Drive, 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.