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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, 8, Minsterley Close, Wolverhampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 606 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, Minsterley Close, Wolverhampton is £52,265 and the estimated rental value is £396 per month.
The apartment is within 8, Minsterley Close, Wolverhampton, WV3.
Minsterley Close, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
8, Minsterley Close, Wolverhampton has 21 entries in the Land Registry , most recently in May 2009 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 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, Minsterley Close, Wolverhampton is in very good condition we estimate a sale value of £54,878 and a rental value of £416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,606 and a rental value of £369 per month.
Over the last 12 months the sale value of 8 Minsterley Close Wolverhampton has increased by an estimated £535 (1.0%) and its rental value has increased by an estimated £10 per month (2.5%), giving an expected gross yield of 9.1%.
According to HM Land Registry, 8, Minsterley Close, Wolverhampton was last sold on 15th May 2009 for £60,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2009, the market for similar properties has risen 53.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Minsterley Close, Wolverhampton within a radius of 560 metres over the last 2 years.
The most recent example is 6, Minsterley Close, Wolverhampton, WV3 7JB, a leasehold flat which sold for £90,000 on the 14th July 2023.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Minsterley Close, Wolverhampton, WV3 has a total of 26 addresses. According to our analysis of all the public data, 8, Minsterley Close, Wolverhampton is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in WV3.
The closest station to 8, Minsterley Close, Wolverhampton is Wolverhampton station which is 2.9 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, Minsterley Close, Wolverhampton, 37.4% of property is socially rented and 30.9% is privately rented.
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, Minsterley Close, Wolverhampton, 17.3% of residents are recorded as possessing school level qualifications and 25.4% 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, Minsterley Close, 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 8, Minsterley Close, Wolverhampton, 0.9% 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, Minsterley Close, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
