Apartment 4, 5A
Apartment 4, 5A
Description & Estimates
Public records show Apartment 4, 5A, Salop Street, Wolverhampton to be a period leasehold apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Apartment 4, 5A, Salop Street, Wolverhampton has an estimated sale value of £93,492 and an estimated rental value of £542 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5A, Salop Street, Wolverhampton, WV3.
Salop Street, Wolverhampton, WV3 lies in the borough of City of Wolverhampton, within the WV3 postal district.
Our Data Sources
Apartment 4, 5A, Salop Street, Wolverhampton has a single entry in the Land Registry from February 2007 and a single entry in the EPC database dated November 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.
Price Range & Condition
In very good condition, we estimate Apartment 4, 5A, Salop Street, Wolverhampton would be worth £98,167, with a potential rental value of £569 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £86,948, with a rental value of £504 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 4, 5A, Salop Street, Wolverhampton has increased by £1,093 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £15 (2.8%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Apartment 4, 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.
Sold Prices
Apartment 4, 5A, Salop Street, Wolverhampton last changed hands on 8th February 2007, selling for £85,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.9% since February 2007.
- Sold Feb 2007£85,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Apartment 4, 5A, Salop Street, Wolverhampton across the last 2 years.
Most recently, 55, Market Square, Wolverhampton, WV3 0NL, a leasehold flat, sold at £48,000 on the 19th January 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Apartment 4, 5A, Salop Street, Wolverhampton as the 10th largest and the 10th most expensive of the 13 addresses on Salop Street, Wolverhampton, WV3.
Against the WV3 postcode district average, it is £112k less expensive than the typical property.
More reading links
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
More reading links
Public Transport Nearby
Wolverhampton station is the nearest stop to Apartment 4, 5A, Salop Street, Wolverhampton at 900 metres away.
- 900mWolverhampton
- 5.3kmCoseley
- 5.8kmBilbrook
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
