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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 56, Orchard Lane, Wolverhampton is a mid-century leasehold house with 807 ft2 of internal area and sits on a 242 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 56, Orchard Lane, Wolverhampton is £195,925 and the estimated rental value is £1,052 per month.
Orchard Lane, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
56, Orchard Lane, Wolverhampton has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated July 2013.
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 56, Orchard Lane, Wolverhampton is in very good condition we estimate a sale value of £205,721 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,210 and a rental value of £978 per month.
Over the last 12 months the sale value of 56 Orchard Lane Wolverhampton has increased by an estimated £6,206 (3.2%) and its rental value has increased by an estimated £40 per month (3.8%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 56, Orchard Lane, Wolverhampton sits on a plot of 242m2.
We have plot size data on 12 out of 12 other houses in the postcode and 56, Orchard Lane, Wolverhampton sits on the 10th largest plot.
56, Orchard Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 56, Orchard Lane, Wolverhampton was last sold on 27th September 2019 for £149,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen 51.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Orchard Lane, Wolverhampton within a radius of 590 metres over the last 2 years.
The most recent example is 28, Acacia Crescent, Wolverhampton, WV8 1NU, a freehold house which sold for £250,000 on the 25th October 2022.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Lane, Codsall, Wolverhampton, WV8 has a total of 111 addresses. According to our analysis of all the public data, 56, Orchard Lane, Wolverhampton is the 32nd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in WV8.
The closest station to 56, Orchard Lane, Wolverhampton is Bilbrook station which is 500 metres 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 56, Orchard Lane, Wolverhampton, 64.9% of property is socially rented and 14.9% is privately owned outright.
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 56, Orchard Lane, Wolverhampton, 19.1% of residents are recorded as possessing school level qualifications and 20.8% 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 56, Orchard Lane, Wolverhampton, the average age was 44.5 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 56, Orchard Lane, 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 56, Orchard Lane, 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.
