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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lodge Park, Wolverhampton is £995,885 and the estimated rental value is £2,507 per month.
Lodge Park, Claverley, Wolverhampton, WV5 is located within the WV5 postal district.
7, Lodge Park, Wolverhampton has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated February 2022.
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 7, Lodge Park, Wolverhampton is in very good condition we estimate a sale value of £1,045,680 and a rental value of £2,632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £926,173 and a rental value of £2,331 per month.
Over the last 12 months the sale value of 7 Lodge Park Wolverhampton has increased by an estimated £11,300 (1.1%) and its rental value has increased by an estimated £57 per month (2.3%), giving an expected gross yield of 3%.
According to data from HM Land Registry, 7, Lodge Park, Wolverhampton sits on a plot of 2148m2.
We have plot size data on 11 out of 12 other houses in the postcode and 7, Lodge Park, Wolverhampton sits on the largest plot.
7, Lodge Park, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 7, Lodge Park, Wolverhampton was last sold on 18th November 2022 for £995,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lodge Park, Wolverhampton within a radius of 5.3 kilometres over the last 2 years.
The most recent example is Lawnswood, Lodge Park, Wolverhampton, WV5 7DP, a freehold house which sold for £395,000 on the 29th October 2021.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Park, Claverley, Wolverhampton, WV5 has a total of 12 addresses. According to our analysis of all the public data, 7, Lodge Park, Wolverhampton is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £645k more expensive than the average property in WV5.
The closest station to 7, Lodge Park, Wolverhampton is Albrighton station which is 11.6 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Lodge Park, Wolverhampton, 52.4% of property is privately owned outright and 32.4% 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 7, Lodge Park, Wolverhampton, 13.9% of residents are recorded as possessing school level qualifications and 39.0% 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 7, Lodge Park, Wolverhampton, the average age was 48.3 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 7, Lodge Park, Wolverhampton, 2.4% 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 7, Lodge Park, Wolverhampton, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.