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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Springhill Cottage, Wolverhampton is a early-century freehold house with 2,055 ft2 of internal area and sits on a 686 m2 plot.
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 Springhill Cottage, Wolverhampton is £722,032 and the estimated rental value is £2,578 per month.
Springhill Lane, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
Springhill Cottage, Wolverhampton has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property 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 Springhill Cottage, Wolverhampton is in very good condition we estimate a sale value of £758,133 and a rental value of £2,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £671,489 and a rental value of £2,398 per month.
Over the last 12 months the sale value of Springhill Cottage Wolverhampton has increased by an estimated £1,015 (0.1%) and its rental value has increased by an estimated £47 per month (1.8%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, Springhill Cottage, Wolverhampton sits on a plot of 686m2.
We have plot size data on 27 out of 29 other houses in the postcode and Springhill Cottage, Wolverhampton sits on the 16th largest plot.
Springhill Cottage, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Springhill Cottage, Wolverhampton was last sold on 9th August 2019 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has dropped 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springhill Cottage, Wolverhampton within a radius of 980 metres over the last 2 years.
The most recent example is 59, Springhill Lane, Wolverhampton, WV4 4TN, a freehold house which sold for £675,000 on the 6th May 2021.
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, Springhill Cottage, Wolverhampton is the 32nd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £468k more expensive than the average property in WV4.
The closest station to Springhill Cottage, Wolverhampton is Wolverhampton station which is 5.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Springhill Cottage, Wolverhampton, 53.3% of property is privately owned outright and 37.0% 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 Springhill Cottage, Wolverhampton, 18.3% of residents are recorded as possessing school level qualifications and 52.4% 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 Springhill 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 Springhill Cottage, Wolverhampton, 1.7% 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 Springhill Cottage, Wolverhampton, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
