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According to the public record, Orchard Cottage, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,601 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Orchard Cottage, Wolverhampton is £634,902 and the estimated rental value is £2,267 per month.
Springhill Lane, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
Orchard Cottage, Wolverhampton has 31 entries in the Land Registry , most recently in February 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Orchard Cottage, Wolverhampton is in very good condition we estimate a sale value of £666,647 and a rental value of £2,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £590,459 and a rental value of £2,108 per month.
Over the last 12 months the sale value of Orchard Cottage Wolverhampton has increased by an estimated £892 (0.1%) and its rental value has increased by an estimated £41 per month (1.8%), giving an expected gross yield of 4.3%.
According to HM Land Registry, Orchard Cottage, Wolverhampton was last sold on 26th February 2021 for £670,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2021, the market for similar properties has dropped 23.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Orchard Cottage, Wolverhampton within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 201, Castlecroft Road, Wolverhampton, WV3 8NA, a freehold house which sold for £470,000 on the 6th April 2020.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springhill Lane, Wolverhampton, WV4 has a total of 125 addresses. According to our analysis of all the public data, Orchard Cottage, Wolverhampton is the 17th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £381k more expensive than the average property in WV4.
The closest station to Orchard Cottage, Wolverhampton is Wolverhampton station which is 6.0 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 Orchard Cottage, Wolverhampton, 51.8% of property is privately owned outright and 34.8% is privately owned with a mortgage.
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 Orchard Cottage, Wolverhampton, 16.7% of residents are recorded as possessing school level qualifications and 35.5% 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 Orchard Cottage, Wolverhampton, the average age was 47.2 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 Orchard Cottage, Wolverhampton, 2.8% 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 Orchard Cottage, 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.