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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
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According to the public record, 50, Lancaster Drive, Wolverhampton is a modern leasehold house with 1,011 ft2 of internal area.
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 50, Lancaster Drive, Wolverhampton is £194,642 and the estimated rental value is £956 per month.
Lancaster Drive, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
50, Lancaster Drive, Wolverhampton has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated October 2021.
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 50, Lancaster Drive, Wolverhampton is in very good condition we estimate a sale value of £204,374 and a rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,017 and a rental value of £889 per month.
Over the last 12 months the sale value of 50 Lancaster Drive Wolverhampton has increased by an estimated £4,833 (2.5%) and its rental value has increased by an estimated £48 per month (5.0%), giving an expected gross yield of 5.9%.
50, Lancaster Drive, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 50, Lancaster Drive, Wolverhampton was last sold on 24th November 2021 for £57,973 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has risen 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Lancaster Drive, Wolverhampton within a radius of 580 metres over the last 2 years.
The most recent example is 10, Ronald O'Donnell Gardens, Wolverhampton, WV11 3FB, a leasehold house which sold for £55,861 on the 28th June 2022.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Drive, Wolverhampton, WV11 has a total of 52 addresses. According to our analysis of all the public data, 50, Lancaster Drive, Wolverhampton is the 42nd largest and the 46th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in WV11.
The closest station to 50, Lancaster Drive, Wolverhampton is Wolverhampton station which is 3.5 kilometres away.
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 50, Lancaster Drive, Wolverhampton, 67.2% of property is privately owned outright and 24.2% 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 50, Lancaster Drive, Wolverhampton, 15.7% of residents are recorded as possessing school level qualifications and 22.2% 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 50, Lancaster Drive, Wolverhampton, the average age was 43 and the most common age was 52.
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 50, Lancaster Drive, Wolverhampton, 0.0% 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 50, Lancaster Drive, Wolverhampton, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
