5 The Old Mitre, Wolverhampton
5 The Old Mitre, Wolverhampton
Description & Estimates
5 The Old Mitre, Wolverhampton is described in the public record as a modern apartment with 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5 The Old Mitre, Wolverhampton is £108,108 and its rental estimate is £607 per month, given the available information and assuming reasonable condition.
The Old Mitre, Bursnips Road is a residential building on Bursnips Road, Essington, Wolverhampton, WV11 and falls within the WV11 postal district and the borough of South Staffordshire.
Our Data Sources
5 The Old Mitre, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 The Old Mitre, Wolverhampton, we estimate a market value of £113,513 and a rental value of £637 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,540 and £564 per month respectively.
Recent Market Change
Over the last year, 5 The Old Mitre, Wolverhampton has seen its estimated sale value move up by £240 (0.2%) and its estimated rental value increase by £12 per month (2.0%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
5 The Old Mitre, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 5 The Old Mitre, Wolverhampton have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2020, was 5, Heantun Row, Wolverhampton, WV11 2RL, a leasehold flat which sold for £93,500.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Bursnips Road, Essington, Wolverhampton, WV11, 5 The Old Mitre, Wolverhampton comes out as the 36th largest and the 38th most expensive in our analysis of the public data.
It is also £101k less expensive than the average property across the WV11 district.
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Schools Nearby
- 900mSt John's Primary Academy
- 1.7kmAbbey Primary School
- 2.1kmSt Alban's Church of England Primary Academy
- 2.5kmCoppice Performing Arts School
- 3.1kmCheslyn Hay Academy
- 3.3kmWalsall Academy
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Public Transport Nearby
From 5 The Old Mitre, Wolverhampton, the nearest station is Bloxwich North, 1.9 kilometres away.
- 1.9kmBloxwich North
- 2.8kmBloxwich
- 3.1kmLandywood
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
