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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 66B, Chelmarsh Avenue, Wolverhampton is a mid-century leasehold apartment with 624 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 66B, Chelmarsh Avenue, Wolverhampton is £130,558 and the estimated rental value is £739 per month.
The apartment is within 66, Chelmarsh Avenue, Wolverhampton, WV3.
Chelmarsh Avenue, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
66B, Chelmarsh Avenue, Wolverhampton has a single entry in the Land Registry from March 2012 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 66B, Chelmarsh Avenue, Wolverhampton is in very good condition we estimate a sale value of £137,086 and a rental value of £775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,419 and a rental value of £687 per month.
Over the last 12 months the sale value of 66B Chelmarsh Avenue Wolverhampton has increased by an estimated £1,337 (1.0%) and its rental value has increased by an estimated £19 per month (2.5%), giving an expected gross yield of 6.8%.
66B, Chelmarsh Avenue, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 May 2024.
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, 66B, Chelmarsh Avenue, Wolverhampton was last sold on 16th March 2012 for £84,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 24.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 66B, Chelmarsh Avenue, Wolverhampton within a radius of 780 metres over the last 2 years.
The most recent example is 62B, Chelmarsh Avenue, Wolverhampton, WV3 8JA, a leasehold flat which sold for £121,000 on the 23rd May 2022.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelmarsh Avenue, Wolverhampton, WV3 has a total of 78 addresses. According to our analysis of all the public data, 66B, Chelmarsh Avenue, Wolverhampton is the 73rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in WV3.
The closest station to 66B, Chelmarsh Avenue, Wolverhampton is Wolverhampton station which is 4.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 66B, Chelmarsh Avenue, Wolverhampton, 36.0% of property is socially rented and 24.3% 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 66B, Chelmarsh Avenue, Wolverhampton, 24.5% of residents are recorded as possessing school level qualifications and 26.7% 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 66B, Chelmarsh Avenue, Wolverhampton, the average age was 44.4 and the most common age was 57.
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 66B, Chelmarsh Avenue, Wolverhampton, 0.0% 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 66B, Chelmarsh Avenue, 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.
