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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Pendeford Mill Lane, Wolverhampton is £218,354 and the estimated rental value is £1,232 per month.
Pendeford Mill Lane, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
5, Pendeford Mill Lane, Wolverhampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data 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, Pendeford Mill Lane, Wolverhampton is in very good condition we estimate a sale value of £229,272 and a rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,069 and a rental value of £1,145 per month.
Over the last 12 months the sale value of 5 Pendeford Mill Lane Wolverhampton has increased by an estimated £7,563 (3.5%) and its rental value has increased by an estimated £61 per month (5.0%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 5, Pendeford Mill Lane, Wolverhampton sits on a plot of 206m2.
We have plot size data on 7 out of 12 other houses in the postcode and 5, Pendeford Mill Lane, Wolverhampton sits on the 7th largest plot.
5, Pendeford Mill Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Pendeford Mill Lane, Wolverhampton was last sold on 10th February 1995 for £37,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Pendeford Mill Lane, Wolverhampton within a radius of 660 metres over the last 2 years.
The most recent example is 7, Pendeford Mill Lane, Wolverhampton, WV8 1JB, a freehold house which sold for £197,500 on the 16th October 2024.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pendeford Mill Lane, Codsall, Wolverhampton, WV8 has a total of 52 addresses. According to our analysis of all the public data, 5, Pendeford Mill Lane, Wolverhampton is the 48th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in WV8.
The closest station to 5, Pendeford Mill Lane, Wolverhampton is Bilbrook station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Pendeford Mill Lane, Wolverhampton, 48.1% of property is privately owned with a mortgage and 36.5% 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 5, Pendeford Mill Lane, Wolverhampton, 15.4% of residents are recorded as possessing school level qualifications and 41.7% 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, Pendeford Mill Lane, Wolverhampton, the average age was 44.5 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, Pendeford Mill Lane, Wolverhampton, 0.4% 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, Pendeford Mill Lane, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.