Flat 9, Magnolia Court
Flat 9, Magnolia Court
Description & Estimates
Flat 9, Magnolia Court, Wolverhampton is recorded publicly as a modern leasehold apartment across 1,356 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 9, Magnolia Court, Wolverhampton is £245,484 and its rental estimate is £1,228 per month, given the available information and assuming reasonable condition.
Magnolia Court, Muchall Road is a residential building on Muchall Road, Wolverhampton, WV4 and falls within the WV4 postal district and the borough of City of Wolverhampton.
Our Data Sources
Flat 9, Magnolia Court, Wolverhampton has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 9, Magnolia Court, Wolverhampton, we estimate a market value of £257,758 and a rental value of £1,289 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,300 and £1,142 per month respectively.
Recent Market Change
Over the last year, Flat 9, Magnolia Court, Wolverhampton has seen its estimated sale value increase by £1,406 (0.6%) and its estimated rental value grow by £38 per month (3.1%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 9, Magnolia Court, Wolverhampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 9, Magnolia Court, Wolverhampton completed on 2nd February 2018 at £140,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.1% over the period since February 2018.
- Sold Feb 2018£140,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 9, Magnolia Court, Wolverhampton have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2022, was Flat 10, Magnolia Court, Muchall Road, Wolverhampton, WV4 5TR, a leasehold flat which sold for £135,000.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Muchall Road, Wolverhampton, WV4, Flat 9, Magnolia Court, Wolverhampton comes out as the 21st largest and the 23rd most expensive in our analysis of the public data.
It is also £8k less expensive than the average property across the WV4 district.
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Schools Nearby
- 600mWoodfield Primary School
- 1.2kmSt Bartholomew's Church of England Primary School
- 1.2kmWarstones Primary School
- 800mColton Hills Community School
- 2.0kmHighfields School
- 2.9kmSt Peter's Collegiate Academy
More reading links
Public Transport Nearby
From Flat 9, Magnolia Court, Wolverhampton, the nearest station is Wolverhampton, 3.4 kilometres away.
- 3.4kmWolverhampton
- 4.6kmCoseley
- 6.6kmTipton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
