51A, Planks Lane
51A, Planks Lane
Description & Estimates
According to the public record, 51A, Planks Lane, Wolverhampton is a mid-century leasehold apartment with 764 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 51A, Planks Lane, Wolverhampton is £112,168 and the estimated rental value is £573 per month.
The apartment is within 51, Planks Lane, Wombourne, Wolverhampton, WV5.
Planks Lane, Wombourne, Wolverhampton, WV5 is located in the borough of South Staffordshire within the WV5 postal district.
Our Data Sources
51A, Planks Lane, Wolverhampton has 31 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated January 2020.
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.
Price Range & Condition
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 51A, Planks Lane, Wolverhampton is in very good condition we estimate a sale value of £117,777 and a rental value of £601 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,316 and a rental value of £533 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 51A, Planks Lane, Wolverhampton has grown by £407 (0.4%), while its estimated rental value has climbed by £8 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
51A, Planks Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 51A, Planks Lane, Wolverhampton was last sold on 30th July 2020 for £105,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2020, the market for similar properties has dropped by 8.3%.
- Sold Jul 2020£105,000
- Sold Nov 2012£51,000
- Sold Feb 2001£35,310
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51A, Planks Lane, Wolverhampton within a radius of 590 metres over the last 2 years.
The most recent example is 45, Dingle Road, Wolverhampton, WV5 0EG, a leasehold flat which sold for £120,000 on the 15th March 2024.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Planks Lane, Wombourne, Wolverhampton, WV5 has a total of 170 addresses. According to our analysis of all the public data, 51A, Planks Lane, Wolverhampton is the 94th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in WV5.
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Schools Nearby
- 200mSt Bernadette's Catholic Primary School
- 300mWestfield Primary School
- 700mBlakeley Heath Primary School
- 300mWombourne High School
- 3.8kmHighfields School
- 4.2kmKingswinford Academy
More reading links
Public Transport Nearby
The closest station to 51A, Planks Lane, Wolverhampton is Coseley station, which is 7.6 kilometres away.
- 7.6kmCoseley
- 8.0kmWolverhampton
- 8.8kmTipton
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
