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According to the public record, 506, Griffiths Drive, Wolverhampton is a early-century freehold house with 731 ft2 of internal area and sits on a 201 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 506, Griffiths Drive, Wolverhampton is £178,053 and the estimated rental value is £1,032 per month.
Griffiths Drive, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
506, Griffiths Drive, Wolverhampton has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 506, Griffiths Drive, Wolverhampton is in very good condition we estimate a sale value of £186,956 and a rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,589 and a rental value of £960 per month.
Over the last 12 months the sale value of 506 Griffiths Drive Wolverhampton has increased by an estimated £4,421 (2.5%) and its rental value has increased by an estimated £52 per month (5.0%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 506, Griffiths Drive, Wolverhampton sits on a plot of 201m2.
We have plot size data on 34 out of 43 other houses in the postcode and 506, Griffiths Drive, Wolverhampton sits on the 33rd largest plot.
506, Griffiths Drive, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 506, Griffiths Drive, Wolverhampton was last sold on 29th September 2021 for £152,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 506, Griffiths Drive, Wolverhampton within a radius of 540 metres over the last 2 years.
The most recent example is 508, Griffiths Drive, Wolverhampton, WV11 2LQ, a freehold house which sold for £167,500 on the 26th July 2024.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Griffiths Drive, Wolverhampton, WV11 has a total of 524 addresses. According to our analysis of all the public data, 506, Griffiths Drive, Wolverhampton is the 270th largest and the 340th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in WV11.
The closest station to 506, Griffiths Drive, Wolverhampton is Bloxwich North station which is 2.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 506, Griffiths Drive, Wolverhampton, 35.5% of property is privately owned outright and 28.9% 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 506, Griffiths Drive, Wolverhampton, 15.9% of residents are recorded as possessing school level qualifications and 19.6% 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 506, Griffiths Drive, Wolverhampton, the average age was 41.9 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 506, Griffiths Drive, 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 506, Griffiths Drive, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
