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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, Park Drive, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,292 ft2 of internal area and sits on a 671 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Park Drive, Wolverhampton is £364,691 and the estimated rental value is £1,353 per month.
Park Drive, Wolverhampton, WV4 is located in the borough of City of Wolverhampton within the WV4 postal district.
8, Park Drive, Wolverhampton has 21 entries in the Land Registry , most recently in June 2010 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, Park Drive, Wolverhampton is in very good condition we estimate a sale value of £382,926 and a rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,163 and a rental value of £1,258 per month.
Over the last 12 months the sale value of 8 Park Drive Wolverhampton has increased by an estimated £3,818 (1.0%) and its rental value has increased by an estimated £38 per month (2.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 8, Park Drive, Wolverhampton sits on a plot of 671m2.
We have plot size data on 18 out of 19 other houses in the postcode and 8, Park Drive, Wolverhampton sits on the 5th largest plot.
According to HM Land Registry, 8, Park Drive, Wolverhampton was last sold on 11th June 2010 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2010, the market for similar properties has risen 55.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Drive, Wolverhampton within a radius of 740 metres over the last 2 years.
The most recent example is 47, Patricia Avenue, Wolverhampton, WV4 5AQ, a freehold house which sold for £312,000 on the 6th November 2023.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, Wolverhampton, WV4 has a total of 19 addresses. According to our analysis of all the public data, 8, Park Drive, Wolverhampton is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in WV4.
The closest station to 8, Park Drive, Wolverhampton is Wolverhampton station which is 2.9 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, Park Drive, Wolverhampton, 50.4% of property is privately owned outright and 31.7% 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, Park Drive, Wolverhampton, 19.3% of residents are recorded as possessing school level qualifications and 34.5% 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, Park Drive, Wolverhampton, the average age was 42.8 and the most common age was 42.
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, Park 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, Park Drive, 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.
