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According to the public record, 53, Wallace Road, Bilston is a mid-century freehold house with 904 ft2 of internal area and sits on a 254 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 53, Wallace Road, Bilston is £144,605 and the estimated rental value is £808 per month.
Wallace Road, Bilston, WV14 is located in the borough of City of Wolverhampton within the WV14 postal district.
53, Wallace Road, Bilston has 21 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that 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 53, Wallace Road, Bilston is in very good condition we estimate a sale value of £151,835 and a rental value of £849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,483 and a rental value of £752 per month.
Over the last 12 months the sale value of 53 Wallace Road Bilston has increased by an estimated £3,077 (2.1%) and its rental value has increased by an estimated £29 per month (3.6%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 53, Wallace Road, Bilston sits on a plot of 254m2.
We have plot size data on 11 out of 14 other houses in the postcode and 53, Wallace Road, Bilston sits on the 4th largest plot.
53, Wallace Road, Bilston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Feb 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, 53, Wallace Road, Bilston was last sold on 26th March 2018 for £95,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2018, the market for similar properties has risen 57.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Wallace Road, Bilston within a radius of 550 metres over the last 2 years.
The most recent example is 5, Pace Crescent, Bilston, WV14 8BJ, a freehold house which sold for £175,000 on the 31st July 2023.
Read more about house prices in WV14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallace Road, Bilston, WV14 has a total of 136 addresses. According to our analysis of all the public data, 53, Wallace Road, Bilston is the 19th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in WV14.
The closest station to 53, Wallace Road, Bilston is Coseley station which is 1.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 53, Wallace Road, Bilston, 50.0% of property is socially rented and 24.7% 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 53, Wallace Road, Bilston, 23.2% of residents are recorded as possessing school level qualifications and 19.1% 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 53, Wallace Road, Bilston, the average age was 36.6 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 53, Wallace Road, Bilston, 1.1% 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 53, Wallace Road, Bilston, 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.
