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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
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56, Victoria Road, Wolverhampton is described in the public record as an early-century house with 785 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 56, Victoria Road, Wolverhampton is £226,784 and its rental estimate is £1,223 per month, given the available information and assuming reasonable condition.
Victoria Road, Albrighton, Wolverhampton, WV7 falls within the WV7 postal district.
56, Victoria Road, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56, Victoria Road, Wolverhampton, we estimate a market value of £238,123 and a rental value of £1,284 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,909 and £1,138 per month respectively.
Over the last year, 56, Victoria Road, Wolverhampton has seen its estimated sale value rise by £7,184 (3.2%) and its estimated rental value move up by £46 per month (3.8%). This results in an estimated gross rental yield of 6.5%.
56, Victoria Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 56, Victoria Road, Wolverhampton have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th August 2023, was 32, St. Cuthberts Crescent, Wolverhampton, WV7 3HW, a freehold house which sold for £241,000.
Read more about house prices in WV7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Victoria Road, Albrighton, Wolverhampton, WV7, 56, Victoria Road, Wolverhampton comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the WV7 district.
From 56, Victoria Road, Wolverhampton, the nearest station is Cosford, 900 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Victoria Road, Wolverhampton, 70.4% of property is privately rented and 18.5% 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, Victoria Road, Wolverhampton, 24.4% of residents are recorded as possessing school level qualifications and 25.6% 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 56, Victoria Road, Wolverhampton, the average age was 42.9 and the most common age was 22.
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, Victoria 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 56, Victoria Road, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
