Elm Bank, Wolverhampton
Elm Bank, Wolverhampton
Description & Estimates
Elm Bank, Wolverhampton is recorded publicly as an early-century freehold house across 3,196 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Elm Bank, Wolverhampton is £1,132,673 and its rental estimate is £3,931 per month, given the available information and assuming reasonable condition.
Mill Lane, Codsall, Wolverhampton, WV8 falls within the WV8 postal district, in the borough of South Staffordshire.
Our Data Sources
Elm Bank, Wolverhampton has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated February 2023.
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.
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 Elm Bank, Wolverhampton, we estimate a market value of £1,189,307 and a rental value of £4,128 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,053,386 and £3,656 per month respectively.
Recent Market Change
Over the last year, Elm Bank, Wolverhampton has seen its estimated sale value decline by £2,133 (0.2%) and its estimated rental value climb by £37 per month (0.9%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
Elm Bank, Wolverhampton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Feb 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Elm Bank, Wolverhampton completed on 17th July 2023 at £1,090,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.8% over the period since July 2023.
- Sold Jul 2023£1,090,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Elm Bank, Wolverhampton have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th May 2021, was Palma Lodge, Mill Lane, Wolverhampton, WV8 1EG, a freehold house which sold for £980,000.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Mill Lane, Codsall, Wolverhampton, WV8, Elm Bank, Wolverhampton comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £827k more expensive than the average property across the WV8 district.
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Schools Nearby
- 400mSt Nicholas Church of England First School
- 1.4kmLane Green First School
- 1.4kmSt Christopher's Catholic Primary Academy
- 1.3kmCodsall Community High School
- 3.1kmAldersley High School
- 4.3kmSt Regis Church of England Academy
More reading links
Public Transport Nearby
From Elm Bank, Wolverhampton, the nearest station is Codsall, 1.0 kilometres away.
- 1.0kmCodsall
- 1.5kmBilbrook
- 4.8kmAlbrighton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
