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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, 7, The Spinney, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,044 ft2 of internal area and sits on a 315 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, The Spinney, Wolverhampton is £313,892 and the estimated rental value is £1,135 per month.
The Spinney, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
7, The Spinney, Wolverhampton has 21 entries in the Land Registry , most recently in September 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, The Spinney, Wolverhampton is in very good condition we estimate a sale value of £329,587 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,920 and a rental value of £1,056 per month.
Over the last 12 months the sale value of 7 The Spinney Wolverhampton has increased by an estimated £10,385 (3.3%) and its rental value has increased by an estimated £53 per month (4.7%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 7, The Spinney, Wolverhampton sits on a plot of 315m2.
We have plot size data on 10 out of 12 other houses in the postcode and 7, The Spinney, Wolverhampton sits on the 8th largest plot.
According to HM Land Registry, 7, The Spinney, Wolverhampton was last sold on 23rd September 2015 for £213,840 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2015, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Spinney, Wolverhampton within a radius of 660 metres over the last 2 years.
The most recent example is 10, Fern Leys, Wolverhampton, WV3 9EJ, a freehold house which sold for £315,500 on the 26th April 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Wolverhampton, WV3 has a total of 53 addresses. According to our analysis of all the public data, 7, The Spinney, Wolverhampton is the 28th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in WV3.
The closest station to 7, The Spinney, Wolverhampton is Wolverhampton station which is 3.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, The Spinney, Wolverhampton, 64.5% of property is privately owned outright and 26.6% 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 Spinney, Wolverhampton, 14.7% of residents are recorded as possessing school level qualifications and 37.0% 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, The Spinney, Wolverhampton, the average age was 45.1 and the most common age was 47.
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 Spinney, Wolverhampton, 3.1% 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 Spinney, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
