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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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The public record describes The Wheelhouse, Wolverhampton as a mid-century house with 2,551 ft2 of internal area, sitting on a 1,938 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Wheelhouse, Wolverhampton has an estimated sale value of £1,022,210 and an estimated rental value of £2,573 per month, assuming reasonable condition and based on the information available.
Lodge Park, Claverley, Wolverhampton, WV5 lies within the WV5 postal district.
The Wheelhouse, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data 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.
In very good condition, we estimate The Wheelhouse, Wolverhampton would be worth £1,073,321, with a potential rental value of £2,702 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £950,656, with a rental value of £2,393 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 Wheelhouse, Wolverhampton has risen by £6,039 (0.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (1.6%). The property's estimated gross yield is currently 3.0%.
The Wheelhouse, Wolverhampton occupies a 1,938 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 2nd largest.
The Wheelhouse, Wolverhampton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Jul 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.3 kilometres of The Wheelhouse, Wolverhampton across the last 2 years.
Most recently, Applecroft, Spoonley Gate, Wolverhampton, WV6 7ED, a freehold house, sold at £980,000 on the 17th February 2023.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks The Wheelhouse, Wolverhampton as the 2nd largest and the 2nd most expensive of the 12 addresses on Lodge Park, Claverley, Wolverhampton, WV5.
Against the WV5 postcode district average, it is £672k more expensive than the typical property.
Albrighton station is the nearest stop to The Wheelhouse, Wolverhampton at 11.6 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 Wheelhouse, Wolverhampton, 52.4% of property is privately owned outright and 32.4% 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 Wheelhouse, Wolverhampton, 13.9% of residents are recorded as possessing school level qualifications and 39.0% 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 The Wheelhouse, 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 The Wheelhouse, 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 The Wheelhouse, 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.
