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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Springhill Park, Wolverhampton is a mid-century freehold house with 1,808 ft2 of internal area.
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, Springhill Park, Wolverhampton is £559,329 and the estimated rental value is £1,945 per month.
Springhill Park, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
5, Springhill Park, Wolverhampton has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated October 2022.
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, Springhill Park, Wolverhampton is in very good condition we estimate a sale value of £587,295 and a rental value of £2,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,176 and a rental value of £1,809 per month.
Over the last 12 months the sale value of 5 Springhill Park Wolverhampton has increased by an estimated £5,856 (1.0%) and its rental value has increased by an estimated £55 per month (2.8%), giving an expected gross yield of 4.2%.
5, Springhill Park, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2022.
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, Springhill Park, Wolverhampton was last sold on 29th November 2023 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2023, the market for similar properties has dropped 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Springhill Park, Wolverhampton within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 23, Springhill Park, Wolverhampton, WV4 4TS, a freehold house which sold for £575,000 on the 4th October 2024.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springhill Park, Wolverhampton, WV4 has a total of 76 addresses. According to our analysis of all the public data, 5, Springhill Park, Wolverhampton is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £306k more expensive than the average property in WV4.
The closest station to 5, Springhill Park, Wolverhampton is Wolverhampton station which is 5.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Springhill Park, Wolverhampton, 53.3% of property is privately owned outright and 37.0% 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, Springhill Park, Wolverhampton, 18.3% of residents are recorded as possessing school level qualifications and 52.4% 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, Springhill Park, Wolverhampton, the average age was 47.2 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, Springhill Park, Wolverhampton, 1.7% 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, Springhill Park, Wolverhampton, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
