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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 50A, Brooklands Parade, Wolverhampton is £103,925 and the estimated rental value is £726 per month.
Brooklands Parade, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
50A, Brooklands Parade, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated December 2022.
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 50A, Brooklands Parade, Wolverhampton is in very good condition we estimate a sale value of £109,121 and a rental value of £762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,650 and a rental value of £675 per month.
Over the last 12 months the sale value of 50A Brooklands Parade Wolverhampton has increased by an estimated £1,919 (1.8%) and its rental value has increased by an estimated £29 per month (3.9%), giving an expected gross yield of 8.4%.
50A, Brooklands Parade, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50A, Brooklands Parade, Wolverhampton within a radius of 460 metres over the last 2 years.
The most recent example is 55, Brooklands Parade, Wolverhampton, WV1 2ND, a leasehold flat which sold for £103,000 on the 30th September 2022.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brooklands Parade, Wolverhampton, WV1 has a total of 129 addresses. According to our analysis of all the public data, 50A, Brooklands Parade, Wolverhampton is the 68th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in WV1.
The closest station to 50A, Brooklands Parade, Wolverhampton is Wolverhampton station which is 1.6 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 50A, Brooklands Parade, Wolverhampton, 33.3% of property is socially rented and 26.0% 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 50A, Brooklands Parade, Wolverhampton, 23.1% of residents are recorded as possessing school level qualifications and 19.7% 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 50A, Brooklands Parade, 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 50A, Brooklands Parade, Wolverhampton, 0.3% 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 50A, Brooklands Parade, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.