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According to the public record, Flat 1, 51, Broad Lane, Wolverhampton is a period apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 51, Broad Lane, Wolverhampton is £157,947 and the estimated rental value is £912 per month.
The apartment is within 51, Broad Lane, Wolverhampton, WV3.
Broad Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
Flat 1, 51, Broad Lane, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
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 Flat 1, 51, Broad Lane, Wolverhampton is in very good condition we estimate a sale value of £165,844 and a rental value of £958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,890 and a rental value of £848 per month.
Over the last 12 months the sale value of Flat 1 51 Broad Lane Wolverhampton has increased by an estimated £2,546 (1.6%) and its rental value has increased by an estimated £35 per month (3.9%), giving an expected gross yield of 6.9%.
Flat 1, 51, Broad Lane, Wolverhampton has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 28 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 590 metres radius of Flat 1, 51, Broad Lane, Wolverhampton over the last 2 years.
The most recent example is 44, Star Street, Wolverhampton, WV3 9BL, a freehold house which sold for £110,000 on the 21st July 2017.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Wolverhampton, WV3 has a total of 92 addresses. According to our analysis of all the public data, Flat 1, 51, Broad Lane, Wolverhampton is the 90th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in WV3.
The closest station to Flat 1, 51, Broad Lane, Wolverhampton is Wolverhampton station which is 3.0 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 Flat 1, 51, Broad Lane, Wolverhampton, 57.0% of property is privately owned outright and 33.1% 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 Flat 1, 51, Broad Lane, Wolverhampton, 17.7% of residents are recorded as possessing school level qualifications and 51.6% 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 Flat 1, 51, Broad Lane, Wolverhampton, the average age was 45.1 and the most common age was 47.
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 Flat 1, 51, Broad Lane, 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 Flat 1, 51, Broad Lane, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.