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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
According to the public record, 48, Banstead Close, Wolverhampton is a mid-century freehold house with 505 ft2 of internal area and sits on a 84.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Banstead Close, Wolverhampton is £163,740 and the estimated rental value is £870 per month.
Banstead Close, Wolverhampton, WV2 is located in the borough of City of Wolverhampton within the WV2 postal district.
48, Banstead Close, Wolverhampton has 41 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated December 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 48, Banstead Close, Wolverhampton is in very good condition we estimate a sale value of £171,927 and a rental value of £913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,278 and a rental value of £809 per month.
Over the last 12 months the sale value of 48 Banstead Close Wolverhampton has increased by an estimated £7,235 (4.4%) and its rental value has increased by an estimated £53 per month (6.1%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 48, Banstead Close, Wolverhampton sits on a plot of 85m2.
We have plot size data on 33 out of 36 other houses in the postcode and 48, Banstead Close, Wolverhampton sits on the 27th largest plot.
48, Banstead Close, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 2021.
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, 48, Banstead Close, Wolverhampton was last sold on 21st January 2022 for £110,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2022, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Banstead Close, Wolverhampton within a radius of 540 metres over the last 2 years.
The most recent example is 23, Banstead Close, Wolverhampton, WV2 2QY, a freehold house which sold for £131,000 on the 11th May 2023.
Read more about house prices in WV2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banstead Close, Wolverhampton, WV2 has a total of 44 addresses. According to our analysis of all the public data, 48, Banstead Close, Wolverhampton is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in WV2.
The closest station to 48, Banstead Close, Wolverhampton is Wolverhampton station which is 1.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 48, Banstead Close, Wolverhampton, 32.5% of property is privately rented and 27.4% 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 48, Banstead Close, Wolverhampton, 27.8% of residents are recorded as possessing school level qualifications and 23.8% 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 48, Banstead Close, Wolverhampton, the average age was 35.3 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 48, Banstead Close, 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 48, Banstead Close, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
