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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Old Heath Road, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 790 ft2 of internal area and sits on a 217 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Old Heath Road, Wolverhampton is £111,311 and the estimated rental value is £644 per month.
Old Heath Road, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
40, Old Heath Road, Wolverhampton has a single entry in the Land Registry from September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Heath Road, Wolverhampton is in very good condition we estimate a sale value of £116,876 and a rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,519 and a rental value of £599 per month.
Over the last 12 months the sale value of 40 Old Heath Road Wolverhampton has increased by an estimated £3,683 (3.3%) and its rental value has increased by an estimated £30 per month (4.7%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 40, Old Heath Road, Wolverhampton sits on a plot of 217m2.
We have plot size data on 9 out of 24 other houses in the postcode and 40, Old Heath Road, Wolverhampton sits on the 2nd largest plot.
According to HM Land Registry, 40, Old Heath Road, Wolverhampton was last sold on 11th September 2008 for £95,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2008, the market for similar properties has risen 107.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Old Heath Road, Wolverhampton within a radius of 610 metres over the last 2 years.
The most recent example is 93, Old Heath Road, Wolverhampton, WV1 2SH, a freehold house which sold for £105,000 on the 21st September 2022.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Heath Road, Wolverhampton, WV1 has a total of 145 addresses. According to our analysis of all the public data, 40, Old Heath Road, Wolverhampton is the 85th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in WV1.
The closest station to 40, Old Heath Road, Wolverhampton is Wolverhampton station which is 1.1 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 40, Old Heath Road, Wolverhampton, 65.4% of property is socially rented and 15.0% 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 40, Old Heath Road, Wolverhampton, 32.2% of residents are recorded as possessing school level qualifications and 16.2% 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 40, Old Heath Road, Wolverhampton, the average age was 38.1 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 Heath Road, 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 40, Old Heath Road, 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.
