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According to the public record, Flat 2, 1, Summerfield Road, Wolverhampton is a period apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 1, Summerfield Road, Wolverhampton is £73,516 and the estimated rental value is £563 per month.
The apartment is within 1, Summerfield Road, Wolverhampton, WV1.
Summerfield Road, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
Flat 2, 1, Summerfield Road, Wolverhampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2022.
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 2, 1, Summerfield Road, Wolverhampton is in very good condition we estimate a sale value of £77,192 and a rental value of £591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,370 and a rental value of £523 per month.
Over the last 12 months the sale value of Flat 2 1 Summerfield Road Wolverhampton has increased by an estimated £585 (0.8%) and its rental value has increased by an estimated £17 per month (3.0%), giving an expected gross yield of 9.2%.
Flat 2, 1, Summerfield Road, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 1, Summerfield Road, Wolverhampton was last sold on 25th June 2004 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Summerfield Road, Wolverhampton within a radius of 520 metres over the last 2 years.
The most recent example is Flat 13, West Park Court, Connaught Road, Wolverhampton, WV1 4SQ, a leasehold flat which sold for £60,000 on the 31st January 2019.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summerfield Road, Wolverhampton, WV1 has a total of 14 addresses. According to our analysis of all the public data, Flat 2, 1, Summerfield Road, Wolverhampton is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in WV1.
The closest station to Flat 2, 1, Summerfield Road, Wolverhampton is Wolverhampton station which is 1.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 2, 1, Summerfield Road, 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 Flat 2, 1, Summerfield Road, 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 Flat 2, 1, Summerfield Road, 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 Flat 2, 1, Summerfield Road, 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 2, 1, Summerfield Road, 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.