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According to the public record, Flat 4, 3, Park Avenue, Wolverhampton is a period apartment with 376 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 4, 3, Park Avenue, Wolverhampton is £100,233 and the estimated rental value is £579 per month.
The apartment is within 3, Park Avenue, Wolverhampton, WV1.
Park Avenue, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
Flat 4, 3, Park Avenue, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
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 4, 3, Park Avenue, Wolverhampton is in very good condition we estimate a sale value of £105,245 and a rental value of £608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,217 and a rental value of £539 per month.
Over the last 12 months the sale value of Flat 4 3 Park Avenue Wolverhampton has increased by an estimated £797 (0.8%) and its rental value has increased by an estimated £17 per month (3.0%), giving an expected gross yield of 6.9%.
Flat 4, 3, Park Avenue, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 3, Park Avenue, Wolverhampton within a radius of 600 metres over the last 2 years.
The most recent example is 19A, Chapel Ash, Wolverhampton, WV3 0TZ, a leasehold flat which sold for £680,000 on the 6th April 2022.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Wolverhampton, WV1 has a total of 39 addresses. According to our analysis of all the public data, Flat 4, 3, Park Avenue, Wolverhampton is the 37th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in WV1.
The closest station to Flat 4, 3, Park Avenue, Wolverhampton is Wolverhampton station which is 1.0 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 4, 3, Park Avenue, Wolverhampton, 73.3% of property is privately rented and 11.0% 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 4, 3, Park Avenue, Wolverhampton, 15.7% of residents are recorded as possessing school level qualifications and 26.4% 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 4, 3, Park Avenue, 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 4, 3, Park Avenue, 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 4, 3, Park Avenue, Wolverhampton, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.