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According to the public record, 5, Chequerfield Drive, Wolverhampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 702 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 5, Chequerfield Drive, Wolverhampton is £124,121 and the estimated rental value is £695 per month.
Chequerfield Drive, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
5, Chequerfield Drive, Wolverhampton has 21 entries in the Land Registry , most recently in March 2007 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 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, Chequerfield Drive, Wolverhampton is in very good condition we estimate a sale value of £130,327 and a rental value of £730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,432 and a rental value of £647 per month.
Over the last 12 months the sale value of 5 Chequerfield Drive Wolverhampton has increased by an estimated £1,271 (1.0%) and its rental value has increased by an estimated £18 per month (2.5%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 5, Chequerfield Drive, Wolverhampton was last sold on 5th March 2007 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2007, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Chequerfield Drive, Wolverhampton within a radius of 560 metres over the last 2 years.
The most recent example is 11, Chequerfield Drive, Wolverhampton, WV3 7DQ, a leasehold flat which sold for £78,000 on the 21st December 2023.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chequerfield Drive, Wolverhampton, WV3 has a total of 30 addresses. According to our analysis of all the public data, 5, Chequerfield Drive, Wolverhampton is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in WV3.
The closest station to 5, Chequerfield Drive, Wolverhampton is Wolverhampton station which is 2.6 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 5, Chequerfield Drive, Wolverhampton, 31.8% of property is privately owned with a mortgage and 31.8% is privately 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 5, Chequerfield Drive, Wolverhampton, 14.1% of residents are recorded as possessing school level qualifications and 34.2% 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 5, Chequerfield Drive, Wolverhampton, the average age was 42.6 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 5, Chequerfield Drive, Wolverhampton, 0.3% 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, Chequerfield 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.