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According to the public record, 8B, Park Road West, Wolverhampton is a period apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8B, Park Road West, Wolverhampton is £221,864 and the estimated rental value is £1,137 per month.
The apartment is within 8, Park Road West, Wolverhampton, WV1.
Park Road West, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
8B, Park Road West, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
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 8B, Park Road West, Wolverhampton is in very good condition we estimate a sale value of £232,957 and a rental value of £1,194 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,333 and a rental value of £1,058 per month.
Over the last 12 months the sale value of 8B Park Road West Wolverhampton has increased by an estimated £644 (0.3%) and its rental value has increased by an estimated £28 per month (2.4%), giving an expected gross yield of 6.2%.
8B, Park Road West, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Jul 2018.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 550 metres radius of 8B, Park Road West, Wolverhampton over the last 2 years.
The most recent example is 5, Park Road West, Wolverhampton, WV1 4PS, a freehold house which sold for £195,000 on the 9th May 2008.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road West, Wolverhampton, WV1 has a total of 88 addresses. According to our analysis of all the public data, 8B, Park Road West, Wolverhampton is the 63rd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in WV1.
The closest station to 8B, Park Road West, Wolverhampton is Wolverhampton station which is 1.2 kilometres away.
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.
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 8B, Park Road West, Wolverhampton, 41.2% of property is privately rented and 24.7% is privately owned outright.
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 8B, Park Road West, Wolverhampton, 20.7% of residents are recorded as possessing school level qualifications and 42.1% 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 8B, Park Road West, Wolverhampton, the average age was 38.8 and the most common age was 27.
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 8B, Park Road West, Wolverhampton, 1.7% 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 8B, Park Road West, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.