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According to the public record, Flat 34, Thorneycroft, Wolverhampton is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 34, Thorneycroft, Wolverhampton is £350,425 and the estimated rental value is £1,146 per month.
The apartment is within Thorneycroft, Wood Road, Wolverhampton, WV6.
Wood Road, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
Flat 34, Thorneycroft, Wolverhampton has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 34, Thorneycroft, Wolverhampton is in very good condition we estimate a sale value of £367,946 and a rental value of £1,204 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,895 and a rental value of £1,066 per month.
Over the last 12 months the sale value of Flat 34 Thorneycroft Wolverhampton has increased by an estimated £3,071 (0.9%) and its rental value has increased by an estimated £33 per month (2.9%), giving an expected gross yield of 3.9%.
Flat 34, Thorneycroft, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 34, Thorneycroft, Wolverhampton was last sold on 29th June 2018 for £344,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 34, Thorneycroft, Wolverhampton within a radius of 700 metres over the last 2 years.
The most recent example is Flat 55, Thorneycroft, Wood Road, Wolverhampton, WV6 8PR, a leasehold flat which sold for £325,000 on the 29th August 2024.
Read more about house prices in WV6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood Road, Wolverhampton, WV6 has a total of 62 addresses. According to our analysis of all the public data, Flat 34, Thorneycroft, Wolverhampton is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in WV6.
The closest station to Flat 34, Thorneycroft, Wolverhampton is Bilbrook station which is 3.4 kilometres away.
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 34, Thorneycroft, Wolverhampton, 54.1% of property is privately owned outright and 23.6% 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 34, Thorneycroft, Wolverhampton, 18.3% of residents are recorded as possessing school level qualifications and 43.2% 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 34, Thorneycroft, Wolverhampton, the average age was 47.4 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 34, Thorneycroft, Wolverhampton, 0.6% 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 34, Thorneycroft, Wolverhampton, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.