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According to the public record, 25A, Wallace Road, Bilston is a mid-century leasehold apartment with 602 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 25A, Wallace Road, Bilston is £103,930 and the estimated rental value is £700 per month.
The apartment is within 25, Wallace Road, Bilston, WV14.
Wallace Road, Bilston, WV14 is located in the borough of City of Wolverhampton within the WV14 postal district.
25A, Wallace Road, Bilston has 21 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated May 2022.
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 25A, Wallace Road, Bilston is in very good condition we estimate a sale value of £109,127 and a rental value of £735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,655 and a rental value of £651 per month.
Over the last 12 months the sale value of 25A Wallace Road Bilston has increased by an estimated £201 (0.2%) and its rental value has increased by an estimated £13 per month (1.9%), giving an expected gross yield of 8.1%.
25A, Wallace Road, Bilston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2022.
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, 25A, Wallace Road, Bilston was last sold on 25th October 2019 for £75,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2019, the market for similar properties has risen 49.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25A, Wallace Road, Bilston within a radius of 530 metres over the last 2 years.
The most recent example is 15B, Wallace Road, Bilston, WV14 8BU, a leasehold flat which sold for £47,000 on the 27th April 2021.
Read more about house prices in WV14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallace Road, Bilston, WV14 has a total of 136 addresses. According to our analysis of all the public data, 25A, Wallace Road, Bilston is the 124th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in WV14.
The closest station to 25A, Wallace Road, Bilston is Coseley station which is 2.2 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 25A, Wallace Road, Bilston, 50.0% of property is socially rented and 24.7% 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 25A, Wallace Road, Bilston, 23.2% of residents are recorded as possessing school level qualifications and 19.1% 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 25A, Wallace Road, Bilston, the average age was 36.6 and the most common age was 32.
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 25A, Wallace Road, Bilston, 1.1% 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 25A, Wallace Road, Bilston, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
