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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, Lake View, Wolverhampton is a modern freehold house with 2,174 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lake View, Wolverhampton is £570,240 and the estimated rental value is £1,549 per month.
Gatacre, Claverley, Wolverhampton, WV5 is located within the WV5 postal district.
Lake View, Wolverhampton has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated September 2020.
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.
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 Lake View, Wolverhampton is in very good condition we estimate a sale value of £598,751 and a rental value of £1,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,323 and a rental value of £1,441 per month.
Over the last 12 months the sale value of Lake View Wolverhampton has increased by an estimated £6,470 (1.1%) and its rental value has increased by an estimated £35 per month (2.3%), giving an expected gross yield of 3.3%.
Lake View, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Lake View, Wolverhampton was last sold on 15th March 2021 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lake View, Wolverhampton within a radius of 5.7 kilometres over the last 2 years.
The most recent example is South Wing, Wolverhampton, WV5 7AW, a freehold house which sold for £410,000 on the 21st September 2020.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gatacre, Claverley, Wolverhampton, WV5 has a total of 31 addresses. According to our analysis of all the public data, Lake View, Wolverhampton is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £220k more expensive than the average property in WV5.
The closest station to Lake View, Wolverhampton is Stourbridge Town station which is 12.8 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Lake View, Wolverhampton, 41.4% of property is privately owned outright and 31.0% 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 Lake View, Wolverhampton, 10.1% of residents are recorded as possessing school level qualifications and 35.0% 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 Lake View, Wolverhampton, the average age was 48.3 and the most common age was 57.
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 Lake View, Wolverhampton, 2.4% 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 Lake View, Wolverhampton, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
