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Company No. 11113204
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According to the public record, 5, Castlecroft Lane, Wolverhampton is a mid-century freehold house with 1,367 ft2 of internal area and sits on a 605 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Castlecroft Lane, Wolverhampton is £394,965 and the estimated rental value is £1,373 per month.
Castlecroft Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
5, Castlecroft Lane, Wolverhampton has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Castlecroft Lane, Wolverhampton is in very good condition we estimate a sale value of £414,714 and a rental value of £1,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,318 and a rental value of £1,277 per month.
Over the last 12 months the sale value of 5 Castlecroft Lane Wolverhampton has increased by an estimated £4,037 (1.0%) and its rental value has increased by an estimated £52 per month (3.8%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 5, Castlecroft Lane, Wolverhampton sits on a plot of 605m2.
We have plot size data on 33 out of 35 other houses in the postcode and 5, Castlecroft Lane, Wolverhampton sits on the 23rd largest plot.
5, Castlecroft Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2020.
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, 5, Castlecroft Lane, Wolverhampton was last sold on 11th January 2021 for £314,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has dropped 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Castlecroft Lane, Wolverhampton within a radius of 950 metres over the last 2 years.
The most recent example is 14A, Windmill Lane, Wolverhampton, WV3 8HJ, a freehold house which sold for £275,000 on the 20th November 2020.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlecroft Lane, Wolverhampton, WV3 has a total of 50 addresses. According to our analysis of all the public data, 5, Castlecroft Lane, Wolverhampton is the 25th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in WV3.
The closest station to 5, Castlecroft Lane, Wolverhampton is Bilbrook station which is 4.8 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 5, Castlecroft Lane, Wolverhampton, 53.7% of property is privately owned outright and 38.1% 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 5, Castlecroft Lane, Wolverhampton, 17.8% of residents are recorded as possessing school level qualifications and 45.3% 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 5, Castlecroft Lane, Wolverhampton, the average age was 44.4 and the most common age was 57.
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 5, Castlecroft Lane, Wolverhampton, 2.1% 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 5, Castlecroft Lane, Wolverhampton, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
