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In this area, apartments of this size normally have 2 bedrooms.
58, Giggetty Lane, Wolverhampton has an estimated sale value of £128,997 and an estimated rental value of £666 per month, assuming reasonable condition and based on the information available.
Giggetty Lane, Wombourne, Wolverhampton, WV5 lies in the borough of South Staffordshire, within the WV5 postal district.
58, Giggetty Lane, Wolverhampton has 21 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 58, Giggetty Lane, Wolverhampton would be worth £135,447, with a potential rental value of £699 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £119,968, with a rental value of £619 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 58, Giggetty Lane, Wolverhampton has grown by £468 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £10 (1.5%). The property's estimated gross yield is currently 6.2%.
58, Giggetty Lane, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
58, Giggetty Lane, Wolverhampton last changed hands on 28th April 2023, selling for £134,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 52.9% since April 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 58, Giggetty Lane, Wolverhampton across the last 2 years.
Most recently, 80, Giggetty Lane, Wolverhampton, WV5 0AX, a leasehold flat, sold at £137,500 on the 22nd May 2024.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 58, Giggetty Lane, Wolverhampton as the 76th largest and the 97th most expensive of the 111 addresses on Giggetty Lane, Wombourne, Wolverhampton, WV5.
Against the WV5 postcode district average, it is £221k less expensive than the typical property.
Coseley station is the nearest stop to 58, Giggetty Lane, Wolverhampton at 7.7 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 58, Giggetty Lane, Wolverhampton, 44.2% of property is socially rented and 27.2% 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 58, Giggetty Lane, Wolverhampton, 19.3% of residents are recorded as possessing school level qualifications and 21.7% 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 58, Giggetty Lane, Wolverhampton, the average age was 45.5 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 58, Giggetty Lane, Wolverhampton, 3.2% 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 58, Giggetty Lane, Wolverhampton, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.