Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 5, Spring Meadow Close, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,251 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Spring Meadow Close, Wolverhampton is £527,140 and the estimated rental value is £1,609 per month.
Spring Meadow Close, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
5, Spring Meadow Close, Wolverhampton has 31 entries in the Land Registry , most recently in March 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 5, Spring Meadow Close, Wolverhampton is in very good condition we estimate a sale value of £553,497 and a rental value of £1,690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,240 and a rental value of £1,497 per month.
Over the last 12 months the sale value of 5 Spring Meadow Close Wolverhampton has increased by an estimated £4,437 (0.8%) and its rental value has increased by an estimated £38 per month (2.4%), giving an expected gross yield of 3.7%.
According to HM Land Registry, 5, Spring Meadow Close, Wolverhampton was last sold on 23rd March 2012 for £269,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2012, the market for similar properties has risen 55.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Spring Meadow Close, Wolverhampton within a radius of 790 metres over the last 2 years.
The most recent example is 10, Meadows Grove, Wolverhampton, WV8 1GG, a freehold house which sold for £349,999 on the 9th October 2019.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Meadow Close, Wolverhampton, WV8 has a total of 17 addresses. According to our analysis of all the public data, 5, Spring Meadow Close, Wolverhampton is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £217k more expensive than the average property in WV8.
The closest station to 5, Spring Meadow Close, Wolverhampton is Bilbrook station which is 900 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Spring Meadow Close, Wolverhampton, 38.2% of property is privately owned outright and 34.6% 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 5, Spring Meadow Close, Wolverhampton, 14.9% of residents are recorded as possessing school level qualifications and 30.9% 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, Spring Meadow Close, 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, Spring Meadow Close, 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 5, Spring Meadow Close, Wolverhampton, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
