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According to the public record, 40, Old Fallings Lane, Wolverhampton is a modern freehold house with 1,011 ft2 of internal area and sits on a 145 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 40, Old Fallings Lane, Wolverhampton is £233,009 and the estimated rental value is £1,209 per month.
Old Fallings Lane, Wolverhampton, WV10 is located in the borough of City of Wolverhampton within the WV10 postal district.
40, Old Fallings Lane, Wolverhampton has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 40, Old Fallings Lane, Wolverhampton is in very good condition we estimate a sale value of £244,660 and a rental value of £1,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,699 and a rental value of £1,124 per month.
Over the last 12 months the sale value of 40 Old Fallings Lane Wolverhampton has increased by an estimated £7,246 (3.1%) and its rental value has increased by an estimated £61 per month (5.1%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 40, Old Fallings Lane, Wolverhampton sits on a plot of 145m2.
We have plot size data on 29 out of 33 other houses in the postcode and 40, Old Fallings Lane, Wolverhampton sits on the 25th largest plot.
40, Old Fallings Lane, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jul 2021.
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, 40, Old Fallings Lane, Wolverhampton was last sold on 22nd September 2021 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has risen 45.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Old Fallings Lane, Wolverhampton within a radius of 550 metres over the last 2 years.
The most recent example is 44B, Old Fallings Lane, Wolverhampton, WV10 8BN, a freehold house which sold for £230,000 on the 30th March 2022.
Read more about house prices in WV10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Fallings Lane, Wolverhampton, WV10 has a total of 181 addresses. According to our analysis of all the public data, 40, Old Fallings Lane, Wolverhampton is the 43rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in WV10.
The closest station to 40, Old Fallings Lane, Wolverhampton is Wolverhampton station which is 2.8 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 40, Old Fallings Lane, Wolverhampton, 34.5% of property is socially rented and 28.0% 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 40, Old Fallings Lane, Wolverhampton, 24.9% of residents are recorded as possessing school level qualifications and 19.5% 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 40, Old Fallings Lane, Wolverhampton, the average age was 36.7 and the most common age was 12.
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 40, Old Fallings Lane, Wolverhampton, 0.4% 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 40, Old Fallings Lane, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.