Flat 9, Algar Court 231
Flat 9, Algar Court 231
Description & Estimates
Public records show Flat 9, Algar Court 231, Wolverhampton to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 9, Algar Court 231, Wolverhampton has an estimated sale value of £163,823 and an estimated rental value of £942 per month, assuming reasonable condition and based on the information available.
The apartment sits within Algar Court, Penn Road, Wolverhampton, WV4.
Penn Road, Wolverhampton, WV4 lies in the borough of City of Wolverhampton, within the WV4 postal district.
Our Data Sources
Flat 9, Algar Court 231, Wolverhampton has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 9, Algar Court 231, Wolverhampton would be worth £172,014, with a potential rental value of £989 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £152,356, with a rental value of £876 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 9, Algar Court 231, Wolverhampton has risen by £723 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (2.1%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 9, Algar Court 231, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
Sold Prices
Flat 9, Algar Court 231, Wolverhampton last changed hands on 27th January 2017, selling for £168,450. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 19.2% since January 2017.
- Sold Jan 2017£168,450
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of Flat 9, Algar Court 231, Wolverhampton across the last 2 years.
Most recently, Flat 14, Algar Court 231, Penn Road, Wolverhampton, WV4 5UP, a leasehold flat, sold at £155,000 on the 12th July 2024.
Read more about house prices in WV4.
- Sold Jul 2024£155,000 | 2 Bed FlatAlgar Court 231, Penn RoadFlat 14, Algar Court 231, Penn Road, Wolverhampton, WV4 5UP
- Sold Sep 2023£150,000 | 2 Bed FlatAlgar Court 231, Penn RoadFlat 33, Algar Court 231, Penn Road, Wolverhampton, WV4 5UP
- Sold Jun 2021£155,000 | 2 Bed FlatAlgar Court 231, Penn RoadFlat 12, Algar Court 231, Penn Road, Wolverhampton, WV4 5UP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 9, Algar Court 231, Wolverhampton as the 299th largest and the 224th most expensive of the 367 addresses on Penn Road, Wolverhampton, WV4.
Against the WV4 postcode district average, it is £90k less expensive than the typical property.
More reading links
Schools Nearby
- 400mWoodfield Primary School
- 1.1kmBantock Primary School
- 1.2kmSt Luke's Church of England Aided Primary School
- 800mColton Hills Community School
- 2.2kmHighfields School
- 2.6kmSt Peter's Collegiate Academy
More reading links
Public Transport Nearby
Wolverhampton station is the nearest stop to Flat 9, Algar Court 231, Wolverhampton at 2.9 kilometres away.
- 2.9kmWolverhampton
- 4.7kmCoseley
- 6.7kmTipton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
