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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 40, Thorneycroft, Wolverhampton is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 40, Thorneycroft, Wolverhampton is £266,470 and the estimated rental value is £1,118 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 40, Thorneycroft, Wolverhampton has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated August 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 40, Thorneycroft, Wolverhampton is in very good condition we estimate a sale value of £279,794 and a rental value of £1,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,817 and a rental value of £1,040 per month.
Over the last 12 months the sale value of Flat 40 Thorneycroft Wolverhampton has increased by an estimated £2,328 (0.9%) and its rental value has increased by an estimated £32 per month (2.9%), giving an expected gross yield of 5%.
Flat 40, Thorneycroft, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Aug 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 40, Thorneycroft, Wolverhampton was last sold on 8th June 2018 for £213,950 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 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Thorneycroft, Wolverhampton within a radius of 700 metres over the last 2 years.
The most recent example is Flat 39, Thorneycroft, Wood Road, Wolverhampton, WV6 8PR, a leasehold flat which sold for £148,453 on the 19th January 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 40, Thorneycroft, Wolverhampton is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in WV6.
The closest station to Flat 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.
