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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, 1A, The Spinney, Wolverhampton is a modern freehold house with 710 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A, The Spinney, Wolverhampton is £279,918 and the estimated rental value is £1,123 per month.
The Spinney, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
1A, The Spinney, Wolverhampton has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property 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 1A, The Spinney, Wolverhampton is in very good condition we estimate a sale value of £293,914 and a rental value of £1,179 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,324 and a rental value of £1,045 per month.
Over the last 12 months the sale value of 1A The Spinney Wolverhampton has increased by an estimated £9,261 (3.3%) and its rental value has increased by an estimated £53 per month (4.7%), giving an expected gross yield of 4.8%.
1A, The Spinney, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, 1A, The Spinney, Wolverhampton was last sold on 4th October 2024 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 35.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, The Spinney, Wolverhampton within a radius of 660 metres over the last 2 years.
The most recent example is 14, Alpine Way, Wolverhampton, WV3 9ED, a freehold house which sold for £267,000 on the 31st May 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Wolverhampton, WV3 has a total of 53 addresses. According to our analysis of all the public data, 1A, The Spinney, Wolverhampton is the 51st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in WV3.
The closest station to 1A, The Spinney, Wolverhampton is Wolverhampton station which is 3.5 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 1A, The Spinney, Wolverhampton, 64.5% of property is privately owned outright and 26.6% 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 1A, The Spinney, Wolverhampton, 14.7% of residents are recorded as possessing school level qualifications and 37.0% 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 1A, The Spinney, 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 1A, The Spinney, Wolverhampton, 3.1% 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 1A, The Spinney, 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.
