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61, The Paddock, Bilston is recorded publicly as a mid-century freehold house across 1,291 ft2 of internal area, sitting on a 395 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 61, The Paddock, Bilston is £297,950 and its rental estimate is £1,179 per month, given the available information and assuming reasonable condition.
The Paddock, Coseley, Bilston, WV14 falls within the WV14 postal district, in the borough of Dudley.
61, The Paddock, Bilston has 21 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated January 2022.
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.
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 61, The Paddock, Bilston, we estimate a market value of £312,848 and a rental value of £1,238 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,094 and £1,096 per month respectively.
Over the last year, 61, The Paddock, Bilston has seen its estimated sale value increase by £2,711 (0.9%) and its estimated rental value grow by £29 per month (2.5%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 61, The Paddock, Bilston as measuring 395 m2.
That makes it the 11th largest plot in the postcode, where all 16 other houses have recorded plot data.
61, The Paddock, Bilston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 61, The Paddock, Bilston completed on 25th March 2022 at £256,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 8.3% over the period since March 2022.
Over the past 2 years 3 properties similar to 61, The Paddock, Bilston have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2023, was 10, The Paddock, Bilston, WV14 8XZ, a freehold house which sold for £242,500.
Read more about house prices in WV14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 58 addresses on The Paddock, Coseley, Bilston, WV14, 61, The Paddock, Bilston comes out as the 10th largest and the 15th most expensive in our analysis of the public data.
It is also £102k more expensive than the average property across the WV14 district.
From 61, The Paddock, Bilston, the nearest station is Coseley, 200 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 61, The Paddock, Bilston, 52.5% of property is privately owned with a mortgage and 28.8% 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 61, The Paddock, Bilston, 14.2% of residents are recorded as possessing school level qualifications and 21.5% 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 61, The Paddock, Bilston, the average age was 39.6 and the most common age was 52.
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 61, The Paddock, Bilston, 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 61, The Paddock, Bilston, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.