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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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The public record describes 7 The Old Mitre, Wolverhampton as a modern apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7 The Old Mitre, Wolverhampton has an estimated sale value of £108,108 and an estimated rental value of £607 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Old Mitre, Bursnips Road, Essington, Wolverhampton, WV11.
Bursnips Road, Essington, Wolverhampton, WV11 lies in the borough of South Staffordshire, within the WV11 postal district.
7 The Old Mitre, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data 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.
In very good condition, we estimate 7 The Old Mitre, Wolverhampton would be worth £113,513, with a potential rental value of £637 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £100,540, with a rental value of £564 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7 The Old Mitre, Wolverhampton has grown by £240 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £12 (2.0%). The property's estimated gross yield is currently 6.7%.
7 The Old Mitre, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 1.1 kilometres of 7 The Old Mitre, Wolverhampton across the last 2 years.
Most recently, 5, Heantun Row, Wolverhampton, WV11 2RL, a leasehold flat, sold at £93,500 on the 31st January 2020.
Read more about house prices in WV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7 The Old Mitre, Wolverhampton as the 35th largest and the 37th most expensive of the 48 addresses on Bursnips Road, Essington, Wolverhampton, WV11.
Against the WV11 postcode district average, it is £101k less expensive than the typical property.
Bloxwich North station is the nearest stop to 7 The Old Mitre, Wolverhampton at 1.9 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 The Old Mitre, Wolverhampton, 59.3% 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 The Old Mitre, Wolverhampton, 16.0% of residents are recorded as possessing school level qualifications and 24.1% 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 The Old Mitre, Wolverhampton, the average age was 43.8 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 The Old Mitre, Wolverhampton, 1.4% 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 The Old Mitre, Wolverhampton, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
