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According to the public record, 22A, Lea Road, Wolverhampton is a period Leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22A, Lea Road, Wolverhampton is £244,796 and the estimated rental value is £1,249 per month.
The apartment is within 22, Lea Road, Wolverhampton, WV3.
Lea Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
22A, Lea Road, Wolverhampton has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated November 2024.
We combine this information with that 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 22A, Lea Road, Wolverhampton is in very good condition we estimate a sale value of £257,036 and a rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,661 and a rental value of £1,161 per month.
Over the last 12 months the sale value of 22A Lea Road Wolverhampton has increased by an estimated £711 (0.3%) and its rental value has increased by an estimated £30 per month (2.4%), giving an expected gross yield of 6.1%.
22A, Lea Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2024.
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, 22A, Lea Road, Wolverhampton was last sold on 8th May 2007 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 500 metres radius of 22A, Lea Road, Wolverhampton over the last 2 years.
The most recent example is 23, Lea Road, Wolverhampton, WV3 0LU, a freehold house which sold for £200,000 on the 30th October 2023.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Road, Wolverhampton, WV3 has a total of 269 addresses. According to our analysis of all the public data, 22A, Lea Road, Wolverhampton is the 132nd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in WV3.
The closest station to 22A, Lea Road, Wolverhampton is Wolverhampton station which is 1.8 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 22A, Lea Road, Wolverhampton, 52.5% of property is socially rented and 31.5% 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 22A, Lea Road, Wolverhampton, 16.6% of residents are recorded as possessing school level qualifications and 35.4% 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 22A, Lea Road, Wolverhampton, the average age was 34.4 and the most common age was 22.
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 22A, Lea Road, 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 22A, Lea Road, Wolverhampton, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.