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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Lapley Close, Wolverhampton is £93,132 and the estimated rental value is £709 per month.
The apartment is within 2, Lapley Close, Wolverhampton, WV1.
Lapley Close, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
2A, Lapley Close, Wolverhampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data 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 2A, Lapley Close, Wolverhampton is in very good condition we estimate a sale value of £97,789 and a rental value of £744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,613 and a rental value of £659 per month.
Over the last 12 months the sale value of 2A Lapley Close Wolverhampton has increased by an estimated £953 (1.0%) and its rental value has increased by an estimated £18 per month (2.5%), giving an expected gross yield of 9.1%.
2A, Lapley Close, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2023.
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, 2A, Lapley Close, Wolverhampton was last sold on 8th August 2005 for £60,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Lapley Close, Wolverhampton within a radius of 470 metres over the last 2 years.
The most recent example is 7A, Kelsall Close, Wolverhampton, WV1 2LX, a leasehold flat which sold for £87,000 on the 29th February 2024.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lapley Close, Wolverhampton, WV1 has a total of 20 addresses. According to our analysis of all the public data, 2A, Lapley Close, Wolverhampton is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in WV1.
The closest station to 2A, Lapley Close, Wolverhampton is Wolverhampton station which is 1.6 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 2A, Lapley Close, Wolverhampton, 71.0% of property is socially rented and 12.1% is privately owned outright.
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 2A, Lapley Close, Wolverhampton, 11.6% of residents are recorded as possessing school level qualifications and 20.6% 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 2A, Lapley Close, Wolverhampton, the average age was 38.1 and the most common age was 12.
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 2A, Lapley Close, 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 2A, Lapley Close, Wolverhampton, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
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