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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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According to the public record, 6, Rakegate Close, Wolverhampton is a modern freehold house with 602 ft2 of internal area and sits on a 139 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 6, Rakegate Close, Wolverhampton is £216,059 and the estimated rental value is £1,031 per month.
Rakegate Close, Wolverhampton, WV10 is located in the borough of City of Wolverhampton within the WV10 postal district.
6, Rakegate Close, Wolverhampton has 3 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated June 2013.
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 6, Rakegate Close, Wolverhampton is in very good condition we estimate a sale value of £226,862 and a rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,935 and a rental value of £959 per month.
Over the last 12 months the sale value of 6 Rakegate Close Wolverhampton has increased by an estimated £6,719 (3.1%) and its rental value has increased by an estimated £52 per month (5.1%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 6, Rakegate Close, Wolverhampton sits on a plot of 139m2.
We have plot size data on 41 out of 41 other houses in the postcode and 6, Rakegate Close, Wolverhampton sits on the 37th largest plot.
6, Rakegate Close, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jun 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, Rakegate Close, Wolverhampton was last sold on 26th January 2023 for £170,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2023, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Rakegate Close, Wolverhampton within a radius of 610 metres over the last 2 years.
The most recent example is 4, Sandwell Road, Wolverhampton, WV10 6SJ, a freehold house which sold for £152,500 on the 30th June 2023.
Read more about house prices in WV10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rakegate Close, Wolverhampton, WV10 has a total of 41 addresses. According to our analysis of all the public data, 6, Rakegate Close, Wolverhampton is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in WV10.
The closest station to 6, Rakegate Close, Wolverhampton is Bilbrook station which is 3.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Rakegate Close, Wolverhampton, 39.9% of property is socially rented and 28.7% 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 6, Rakegate Close, Wolverhampton, 31.3% of residents are recorded as possessing school level qualifications and 30.4% 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 6, Rakegate Close, Wolverhampton, the average age was 39.4 and the most common age was 12.
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 6, Rakegate Close, 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 6, Rakegate Close, Wolverhampton, 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.
