Apartment 3, 5A
Apartment 3, 5A
Description & Estimates
Apartment 3, 5A, Salop Street, Wolverhampton is described in the public record as a period apartment with 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Apartment 3, 5A, Salop Street, Wolverhampton is £93,492 and its rental estimate is £542 per month, given the available information and assuming reasonable condition.
5A, Salop Street is a residential building on Salop Street, Wolverhampton, WV3 and falls within the WV3 postal district and the borough of City of Wolverhampton.
Our Data Sources
Apartment 3, 5A, Salop Street, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated November 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 3, 5A, Salop Street, Wolverhampton, we estimate a market value of £98,167 and a rental value of £569 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,948 and £504 per month respectively.
Recent Market Change
Over the last year, Apartment 3, 5A, Salop Street, Wolverhampton has seen its estimated sale value rise by £532 (0.6%) and its estimated rental value move up by £13 per month (2.3%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Apartment 3, 5A, Salop Street, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 3, 5A, Salop Street, Wolverhampton have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2024, was 55, Market Square, Wolverhampton, WV3 0NL, a leasehold flat which sold for £48,000.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Salop Street, Wolverhampton, WV3, Apartment 3, 5A, Salop Street, Wolverhampton comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £112k less expensive than the average property across the WV3 district.
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Schools Nearby
- 600mNishkam Primary School Wolverhampton
- 800mGraiseley Primary School
- 1.0kmWest Park Primary School
- 1.2kmThomas Telford University Technical College
- 1.9kmWolverhampton Girls' High School
- 2.2kmSt Peter's Collegiate Academy
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Public Transport Nearby
From Apartment 3, 5A, Salop Street, Wolverhampton, the nearest station is Wolverhampton, 900 metres away.
- 900mWolverhampton
- 5.3kmCoseley
- 5.8kmBilbrook
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
