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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, Flat 1, Clock Gardens 5, Wolverhampton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 645 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Clock Gardens 5, Wolverhampton is £301,510 and the estimated rental value is £1,254 per month.
The apartment is within Clock Gardens, Stockwell Road, Wolverhampton, WV6.
Stockwell Road, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
Flat 1, Clock Gardens 5, Wolverhampton has a single entry in the Land Registry from July 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Flat 1, Clock Gardens 5, Wolverhampton is in very good condition we estimate a sale value of £316,586 and a rental value of £1,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,405 and a rental value of £1,167 per month.
Over the last 12 months the sale value of Flat 1 Clock Gardens 5 Wolverhampton has increased by an estimated £2,634 (0.9%) and its rental value has increased by an estimated £36 per month (2.9%), giving an expected gross yield of 5%.
According to HM Land Registry, Flat 1, Clock Gardens 5, Wolverhampton was last sold on 30th July 2021 for £235,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has dropped 37.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Clock Gardens 5, Wolverhampton within a radius of 760 metres over the last 2 years.
The most recent example is Flat 20, Bluebell Court, High Street, Wolverhampton, WV6 8QW, a leasehold flat which sold for £163,000 on the 21st July 2023.
Read more about house prices in WV6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stockwell Road, Wolverhampton, WV6 has a total of 81 addresses. According to our analysis of all the public data, Flat 1, Clock Gardens 5, Wolverhampton is the 66th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in WV6.
The closest station to Flat 1, Clock Gardens 5, Wolverhampton is Bilbrook station which is 2.8 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 Flat 1, Clock Gardens 5, Wolverhampton, 53.4% of property is privately owned outright and 28.6% 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, Clock Gardens 5, Wolverhampton, 17.9% of residents are recorded as possessing school level qualifications and 46.2% 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, Clock Gardens 5, Wolverhampton, the average age was 41.9 and the most common age was 52.
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, Clock Gardens 5, 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 Flat 1, Clock Gardens 5, 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.
