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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 51, Springfield Road, Wolverhampton is £202,317 and the estimated rental value is £1,114 per month.
Springfield Road, Wolverhampton, WV10 is located in the borough of City of Wolverhampton within the WV10 postal district.
51, Springfield Road, Wolverhampton has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 51, Springfield Road, Wolverhampton is in very good condition we estimate a sale value of £212,433 and a rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,155 and a rental value of £1,036 per month.
Over the last 12 months the sale value of 51 Springfield Road Wolverhampton has increased by an estimated £6,292 (3.1%) and its rental value has increased by an estimated £56 per month (5.1%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 51, Springfield Road, Wolverhampton sits on a plot of 316m2.
We have plot size data on 59 out of 62 other houses in the postcode and 51, Springfield Road, Wolverhampton sits on the 4th largest plot.
51, Springfield Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2024.
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, 51, Springfield Road, Wolverhampton was last sold on 21st June 2024 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has risen 41.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Springfield Road, Wolverhampton within a radius of 500 metres over the last 2 years.
The most recent example is 49, Springfield Road, Wolverhampton, WV10 0LQ, a freehold house which sold for £100,000 on the 11th December 2023.
Read more about house prices in WV10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Wolverhampton, WV10 has a total of 125 addresses. According to our analysis of all the public data, 51, Springfield Road, Wolverhampton is the 24th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in WV10.
The closest station to 51, Springfield Road, Wolverhampton is Wolverhampton station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 51, Springfield Road, Wolverhampton, 34.3% of property is privately rented and 29.0% 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 51, Springfield Road, Wolverhampton, 33.2% of residents are recorded as possessing school level qualifications and 25.3% 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 51, Springfield Road, Wolverhampton, the average age was 35.1 and the most common age was 32.
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 51, Springfield Road, 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 51, Springfield Road, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.