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According to the public record, 509, Griffiths Drive, Wolverhampton is a mid-century apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 509, Griffiths Drive, Wolverhampton is £79,124 and the estimated rental value is £452 per month.
Griffiths Drive, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
509, Griffiths Drive, Wolverhampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 509, Griffiths Drive, Wolverhampton is in very good condition we estimate a sale value of £83,080 and a rental value of £475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,585 and a rental value of £420 per month.
Over the last 12 months the sale value of 509 Griffiths Drive Wolverhampton has increased by an estimated £1,049 (1.3%) and its rental value has increased by an estimated £16 per month (3.6%), giving an expected gross yield of 6.9%.
509, Griffiths Drive, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Aug 2018.
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, 509, Griffiths Drive, Wolverhampton was last sold on 21st April 2006 for £65,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 509, Griffiths Drive, Wolverhampton within a radius of 550 metres over the last 2 years.
The most recent example is 1, Peacock Avenue, Wolverhampton, WV11 2PR, a leasehold flat which sold for £65,000 on the 1st May 2019.
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, 509, Griffiths Drive, Wolverhampton is the 523rd largest and the 504th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in WV11.
The closest station to 509, Griffiths Drive, Wolverhampton is Bloxwich North station which is 2.9 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 509, Griffiths Drive, Wolverhampton, 49.2% of property is socially rented and 17.7% 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 509, Griffiths Drive, Wolverhampton, 17.2% of residents are recorded as possessing school level qualifications and 14.3% 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 509, 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 509, Griffiths 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 509, Griffiths Drive, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.