5, Rainbow Street
5, Rainbow Street
Description & Estimates
5, Rainbow Street, Bilston is recorded publicly as a period freehold house across 627 ft2 of internal area, sitting on a 196 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Rainbow Street, Bilston is £186,992 and its rental estimate is £935 per month, given the available information and assuming reasonable condition.
Rainbow Street, Bilston, WV14 falls within the WV14 postal district, in the borough of Dudley.
Our Data Sources
5, Rainbow Street, Bilston has 21 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated January 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Rainbow Street, Bilston, we estimate a market value of £196,342 and a rental value of £982 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,903 and £869 per month respectively.
Recent Market Change
Over the last year, 5, Rainbow Street, Bilston has seen its estimated sale value grow by £7,503 (4.0%) and its estimated rental value climb by £47 per month (5.0%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 5, Rainbow Street, Bilston as measuring 196 m2.
That makes it the 27th largest plot in the postcode, where 35 of the 43 other houses have recorded plot data.
Energy Efficiency
5, Rainbow Street, Bilston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jan 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Rainbow Street, Bilston completed on 11th February 2011 at £106,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 100.7% over the period since February 2011.
- Sold Feb 2011£106,000
- Sold Mar 2002£52,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Rainbow Street, Bilston have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 13, Rainbow Street, Bilston, WV14 8SX, a freehold house which sold for £192,500.
Read more about house prices in WV14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 79 addresses on Rainbow Street, Bilston, WV14, 5, Rainbow Street, Bilston comes out as the 50th largest and the 46th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the WV14 district.
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Schools Nearby
- 700mChrist Church CofE Primary School
- 800mWilkinson Primary School
- 900mLoxdale Primary School
- 1.0kmOrmiston SWB Academy
- 1.6kmThe Khalsa Academy Wolverhampton
- 2.0kmGospel Oak School
More reading links
Public Transport Nearby
From 5, Rainbow Street, Bilston, the nearest station is Coseley, 900 metres away.
- 900mCoseley
- 2.6kmTipton
- 3.7kmDudley Port
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
