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According to the public record, 50, Showell Lane, Wolverhampton is a early-century freehold house with 1,108 ft2 of internal area and sits on a 2,654 m2 plot.
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, Showell Lane, Wolverhampton is £538,702 and the estimated rental value is £1,907 per month.
Showell Lane, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
50, Showell Lane, Wolverhampton has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that 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.
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, Showell Lane, Wolverhampton is in very good condition we estimate a sale value of £565,637 and a rental value of £2,003 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £500,993 and a rental value of £1,774 per month.
Over the last 12 months the sale value of 50 Showell Lane Wolverhampton has increased by an estimated £13,620 (2.5%) and its rental value has increased by an estimated £80 per month (4.2%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 50, Showell Lane, Wolverhampton sits on a plot of 2654m2.
We have plot size data on 25 out of 28 other houses in the postcode and 50, Showell Lane, Wolverhampton sits on the 10th largest plot.
50, Showell Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 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, 50, Showell Lane, Wolverhampton was last sold on 11th August 2022 for £525,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Showell Lane, Wolverhampton within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 43, Springhill Park, Wolverhampton, WV4 4TS, a freehold house which sold for £375,000 on the 10th April 2024.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Showell Lane, Wolverhampton, WV4 has a total of 79 addresses. According to our analysis of all the public data, 50, Showell Lane, Wolverhampton is the 73rd largest and the 55th most expensive property on the street.
When compared to the postcode district it is £285k more expensive than the average property in WV4.
The closest station to 50, Showell Lane, Wolverhampton is Wolverhampton station which is 5.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Showell Lane, Wolverhampton, 45.0% of property is privately owned outright and 40.0% 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 50, Showell Lane, Wolverhampton, 18.8% of residents are recorded as possessing school level qualifications and 50.8% 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, Showell Lane, 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 50, Showell Lane, Wolverhampton, 2.6% 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, Showell Lane, Wolverhampton, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.