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According to the public record, 70, Lea Road, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 770 ft2 of internal area 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 70, Lea Road, Wolverhampton is £161,627 and the estimated rental value is £941 per month.
Lea Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
70, Lea Road, Wolverhampton has 31 entries in the Land Registry , most recently in September 2017 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 70, Lea Road, Wolverhampton is in very good condition we estimate a sale value of £169,709 and a rental value of £988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,314 and a rental value of £875 per month.
Over the last 12 months the sale value of 70 Lea Road Wolverhampton has increased by an estimated £5,347 (3.3%) and its rental value has increased by an estimated £44 per month (4.7%), giving an expected gross yield of 7%.
According to HM Land Registry, 70, Lea Road, Wolverhampton was last sold on 22nd September 2017 for £82,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2017, the market for similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Lea Road, Wolverhampton within a radius of 490 metres over the last 2 years.
The most recent example is 71, Lea Road, Wolverhampton, WV3 0LW, a freehold house which sold for £210,000 on the 2nd August 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Road, Wolverhampton, WV3 has a total of 269 addresses. According to our analysis of all the public data, 70, Lea Road, Wolverhampton is the 165th largest and the 156th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in WV3.
The closest station to 70, Lea Road, Wolverhampton is Wolverhampton station which is 2.3 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 70, Lea Road, Wolverhampton, 40.0% of property is privately rented and 32.1% 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 70, Lea Road, Wolverhampton, 27.0% of residents are recorded as possessing school level qualifications and 37.9% 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 70, Lea Road, Wolverhampton, the average age was 42.6 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 70, Lea Road, Wolverhampton, 0.5% 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 70, Lea Road, Wolverhampton, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.