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According to the public record, 8, Gainsborough Drive, Wolverhampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 698 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, Gainsborough Drive, Wolverhampton is £132,775 and the estimated rental value is £708 per month.
Gainsborough Drive, Wolverhampton, WV6 is located in the borough of South Staffordshire within the WV6 postal district.
8, Gainsborough Drive, Wolverhampton has 31 entries in the Land Registry , most recently in April 2011 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 8, Gainsborough Drive, Wolverhampton is in very good condition we estimate a sale value of £139,414 and a rental value of £743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,481 and a rental value of £658 per month.
Over the last 12 months the sale value of 8 Gainsborough Drive Wolverhampton has increased by an estimated £920 (0.7%) and its rental value has increased by an estimated £18 per month (2.6%), giving an expected gross yield of 6.4%.
According to HM Land Registry, 8, Gainsborough Drive, Wolverhampton was last sold on 7th April 2011 for £100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2011, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gainsborough Drive, Wolverhampton within a radius of 680 metres over the last 2 years.
The most recent example is 6, Piper Close, Wolverhampton, WV6 7NS, a leasehold flat which sold for £150,000 on the 29th July 2024.
Read more about house prices in WV6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Drive, Wolverhampton, WV6 has a total of 50 addresses. According to our analysis of all the public data, 8, Gainsborough Drive, Wolverhampton is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in WV6.
The closest station to 8, Gainsborough Drive, Wolverhampton is Bilbrook station which is 3.0 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 8, Gainsborough Drive, Wolverhampton, % of property is and % is .
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, Gainsborough Drive, Wolverhampton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Gainsborough Drive, Wolverhampton, 0.0% 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 8, Gainsborough Drive, Wolverhampton, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.