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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, Studio 5, 40, Princess Alley, Wolverhampton is a modern Leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Studio 5, 40, Princess Alley, Wolverhampton is £239,015 and the estimated rental value is £1,399 per month.
The apartment is within 40, Princess Alley, Wolverhampton, WV1.
Princess Alley, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
Studio 5, 40, Princess Alley, Wolverhampton has 31 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated June 2020.
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 Studio 5, 40, Princess Alley, Wolverhampton is in very good condition we estimate a sale value of £250,965 and a rental value of £1,469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,284 and a rental value of £1,301 per month.
Over the last 12 months the sale value of Studio 5 40 Princess Alley Wolverhampton has increased by an estimated £1,361 (0.6%) and its rental value has increased by an estimated £33 per month (2.3%), giving an expected gross yield of 7%.
Studio 5, 40, Princess Alley, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Studio 5, 40, Princess Alley, Wolverhampton was last sold on 10th August 2010 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2010, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Studio 5, 40, Princess Alley, Wolverhampton within a radius of 510 metres over the last 2 years.
The most recent example is Unit 2, 5-15, Broad Street, Wolverhampton, WV1 1JA, a leasehold flat which sold for £450,000 on the 14th May 2021.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princess Alley, Wolverhampton, WV1 has a total of 13 addresses. According to our analysis of all the public data, Studio 5, 40, Princess Alley, Wolverhampton is the 9th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in WV1.
The closest station to Studio 5, 40, Princess Alley, Wolverhampton is Wolverhampton station which is 400 metres 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 Studio 5, 40, Princess Alley, Wolverhampton, 83.3% of property is privately rented and 14.4% is socially 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 Studio 5, 40, Princess Alley, Wolverhampton, 72.4% of residents are recorded as possessing school level qualifications and 35.3% 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 Studio 5, 40, Princess Alley, Wolverhampton, the average age was 34.4 and the most common age was 22.
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 Studio 5, 40, Princess Alley, Wolverhampton, 0.2% 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 Studio 5, 40, Princess Alley, Wolverhampton, there are an average of 0.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
