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According to the public record, 7, Smallshire Close, Wolverhampton is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Smallshire Close, Wolverhampton is £109,365 and the estimated rental value is £580 per month.
Smallshire Close, Wednesfield, Wolverhampton, WV11 is located in the borough of City of Wolverhampton within the WV11 postal district.
7, Smallshire Close, Wolverhampton has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated April 2023.
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.
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, Smallshire Close, Wolverhampton is in very good condition we estimate a sale value of £114,833 and a rental value of £609 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,709 and a rental value of £539 per month.
Over the last 12 months the sale value of 7 Smallshire Close Wolverhampton has increased by an estimated £1,041 (1.0%) and its rental value has increased by an estimated £18 per month (3.0%), giving an expected gross yield of 6.4%.
7, Smallshire Close, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
According to HM Land Registry, 7, Smallshire Close, Wolverhampton was last sold on 5th April 2007 for £116,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2007, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Smallshire Close, Wolverhampton within a radius of 640 metres over the last 2 years.
The most recent example is 16, Smallshire Close, Wolverhampton, WV11 3SL, a leasehold flat which sold for £85,000 on the 28th February 2023.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smallshire Close, Wednesfield, Wolverhampton, WV11 has a total of 48 addresses. According to our analysis of all the public data, 7, Smallshire Close, Wolverhampton is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in WV11.
The closest station to 7, Smallshire Close, Wolverhampton is Wolverhampton station which is 4.0 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 7, Smallshire Close, Wolverhampton, 54.7% of property is privately owned outright and 34.5% 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, Smallshire Close, Wolverhampton, 20.2% of residents are recorded as possessing school level qualifications and 21.2% 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, Smallshire Close, Wolverhampton, the average age was 40.4 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 7, Smallshire Close, Wolverhampton, 1.0% 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 7, Smallshire Close, Wolverhampton, 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.