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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
According to the public record, Flat 2, 233, Penn Road, Wolverhampton is a period apartment with 290 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, 233, Penn Road, Wolverhampton is £92,841 and the estimated rental value is £536 per month.
The apartment is within 233, Penn Road, Wolverhampton, WV4.
Penn Road, Wolverhampton, WV4 is located in the borough of City of Wolverhampton within the WV4 postal district.
Flat 2, 233, Penn Road, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated May 2016.
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, 233, Penn Road, Wolverhampton is in very good condition we estimate a sale value of £97,483 and a rental value of £563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,342 and a rental value of £499 per month.
Over the last 12 months the sale value of Flat 2 233 Penn Road Wolverhampton has increased by an estimated £1,058 (1.1%) and its rental value has increased by an estimated £15 per month (2.8%), giving an expected gross yield of 6.9%.
Flat 2, 233, Penn Road, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 233, Penn Road, Wolverhampton within a radius of 550 metres over the last 2 years.
The most recent example is 262, Penn Road, Wolverhampton, WV4 4AD, a leasehold flat which sold for £249,000 on the 23rd May 2024.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Road, Wolverhampton, WV4 has a total of 366 addresses. According to our analysis of all the public data, Flat 2, 233, Penn Road, Wolverhampton is the 363rd largest and the 351st most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in WV4.
The closest station to Flat 2, 233, Penn Road, Wolverhampton is Wolverhampton station which is 2.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 233, Penn Road, Wolverhampton, 42.0% of property is privately owned outright and 38.9% is privately rented.
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, 233, Penn Road, Wolverhampton, 7.3% of residents are recorded as possessing school level qualifications and 30.0% 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, 233, Penn Road, Wolverhampton, the average age was 42.8 and the most common age was 42.
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, 233, Penn Road, Wolverhampton, 1.5% 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, 233, Penn Road, Wolverhampton, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
