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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, 41, Hobgate Road, Wolverhampton is a mid-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Hobgate Road, Wolverhampton is £72,134 and the estimated rental value is £509 per month.
Hobgate Road, Wolverhampton, WV10 is located in the borough of City of Wolverhampton within the WV10 postal district.
41, Hobgate Road, Wolverhampton has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated October 2024.
We combine this information with that of neighbouring properties to estimate the property 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 41, Hobgate Road, Wolverhampton is in very good condition we estimate a sale value of £75,740 and a rental value of £535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,084 and a rental value of £474 per month.
Over the last 12 months the sale value of 41 Hobgate Road Wolverhampton has increased by an estimated £1,213 (1.7%) and its rental value has increased by an estimated £18 per month (3.5%), giving an expected gross yield of 8.5%.
41, Hobgate Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 41, Hobgate Road, Wolverhampton was last sold on 10th February 2015 for £45,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2015, the market for similar properties has risen 69.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 41, Hobgate Road, Wolverhampton within a radius of 460 metres over the last 2 years.
The most recent example is 44, Springfield Road, Wolverhampton, WV10 0LJ, a leasehold flat which sold for £110,000 on the 13th September 2019.
Read more about house prices in WV10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hobgate Road, Wolverhampton, WV10 has a total of 337 addresses. According to our analysis of all the public data, 41, Hobgate Road, Wolverhampton is the 336th largest and the 336th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in WV10.
The closest station to 41, Hobgate Road, Wolverhampton is Wolverhampton station which is 1.0 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 41, Hobgate Road, Wolverhampton, 89.1% of property is socially rented and 4.8% 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 41, Hobgate Road, Wolverhampton, 22.4% of residents are recorded as possessing school level qualifications and 26.4% 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 41, Hobgate Road, Wolverhampton, the average age was 35.1 and the most common age was 32.
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 41, Hobgate 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 41, Hobgate Road, Wolverhampton, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
