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According to the public record, 8, Bracken Close, Wolverhampton is a mid-century 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 8, Bracken Close, Wolverhampton is £73,335 and the estimated rental value is £519 per month.
Bracken Close, Wolverhampton, WV8 is located in the borough of City of Wolverhampton within the WV8 postal district.
8, Bracken Close, Wolverhampton has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated July 2017.
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 8, Bracken Close, Wolverhampton is in very good condition we estimate a sale value of £77,002 and a rental value of £545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,202 and a rental value of £483 per month.
Over the last 12 months the sale value of 8 Bracken Close Wolverhampton has increased by an estimated £1,016 (1.4%) and its rental value has increased by an estimated £12 per month (2.4%), giving an expected gross yield of 8.5%.
8, Bracken Close, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Bracken Close, Wolverhampton was last sold on 4th May 2018 for £55,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 117.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bracken Close, Wolverhampton within a radius of 710 metres over the last 2 years.
The most recent example is 33, Fallowfield, Wolverhampton, WV8 1TA, a leasehold flat which sold for £71,000 on the 1st July 2022.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bracken Close, Wolverhampton, WV8 has a total of 22 addresses. According to our analysis of all the public data, 8, Bracken Close, Wolverhampton is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £237k less expensive than the average property in WV8.
The closest station to 8, Bracken Close, Wolverhampton is Bilbrook station which is 1.8 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 8, Bracken Close, Wolverhampton, 57.1% of property is socially rented and 22.7% 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 8, Bracken Close, Wolverhampton, 15.7% of residents are recorded as possessing school level qualifications and 18.0% 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 8, Bracken Close, Wolverhampton, the average age was 39.1 and the most common age was 62.
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 8, Bracken Close, Wolverhampton, 0.4% 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 8, Bracken Close, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.