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Public records show The Mill House, Wolverhampton to be an early-century freehold house with 2,669 ft2 of internal area, sitting on a 3,123 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Mill House, Wolverhampton has an estimated sale value of £1,023,498 and an estimated rental value of £3,552 per month, assuming reasonable condition and based on the information available.
Mill Lane, Codsall, Wolverhampton, WV8 lies in the borough of South Staffordshire, within the WV8 postal district.
The Mill House, Wolverhampton has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated October 2019.
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.
In very good condition, we estimate The Mill House, Wolverhampton would be worth £1,074,673, with a potential rental value of £3,730 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £951,853, with a rental value of £3,304 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of The Mill House, Wolverhampton has fallen by £1,928 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £34 (0.9%). The property's estimated gross yield is currently 4.2%.
The Mill House, Wolverhampton occupies a 3,123 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 4th largest.
The Mill House, Wolverhampton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Oct 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The Mill House, Wolverhampton last changed hands on 28th June 2021, selling for £950,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.5% since June 2021.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 940 metres of The Mill House, Wolverhampton across the last 2 years.
Most recently, 52, Church Road, Wolverhampton, WV8 1EH, a freehold house, sold at £1,040,000 on the 6th January 2022.
Read more about house prices in WV8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks The Mill House, Wolverhampton as the 9th largest and the 8th most expensive of the 20 addresses on Mill Lane, Codsall, Wolverhampton, WV8.
Against the WV8 postcode district average, it is £717k more expensive than the typical property.
Codsall station is the nearest stop to The Mill House, Wolverhampton at 1.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around The Mill House, Wolverhampton, 64.0% of property is privately owned outright and 24.0% 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 The Mill House, Wolverhampton, 10.2% of residents are recorded as possessing school level qualifications and 43.1% 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 The Mill House, Wolverhampton, the average age was 45.8 and the most common age was 52.
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 The Mill House, Wolverhampton, 3.2% 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 The Mill House, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.