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According to the public record, 483, Griffiths Drive, Wolverhampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 631 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 483, Griffiths Drive, Wolverhampton is £98,101 and the estimated rental value is £587 per month.
Griffiths Drive, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
483, Griffiths Drive, Wolverhampton has a single entry in the Land Registry from July 2012 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 483, Griffiths Drive, Wolverhampton is in very good condition we estimate a sale value of £103,006 and a rental value of £616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,234 and a rental value of £546 per month.
Over the last 12 months the sale value of 483 Griffiths Drive Wolverhampton has increased by an estimated £934 (1.0%) and its rental value has increased by an estimated £18 per month (3.0%), giving an expected gross yield of 7.2%.
According to HM Land Registry, 483, Griffiths Drive, Wolverhampton was last sold on 3rd July 2012 for £65,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2012, the market for similar properties has risen 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 483, Griffiths Drive, Wolverhampton within a radius of 550 metres over the last 2 years.
The most recent example is 54, Ashmore Avenue, Wolverhampton, WV11 2NB, a leasehold flat which sold for £105,000 on the 27th October 2023.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Griffiths Drive, Wolverhampton, WV11 has a total of 524 addresses. According to our analysis of all the public data, 483, Griffiths Drive, Wolverhampton is the 416th largest and the 439th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in WV11.
The closest station to 483, Griffiths Drive, Wolverhampton is Bloxwich North station which is 2.7 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 483, Griffiths Drive, Wolverhampton, 35.5% of property is privately owned outright and 28.9% is socially rented.
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 483, Griffiths Drive, Wolverhampton, 15.9% of residents are recorded as possessing school level qualifications and 19.6% 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 483, Griffiths Drive, Wolverhampton, the average age was 41.9 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 483, Griffiths Drive, Wolverhampton, 0.8% 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 483, Griffiths Drive, 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.
