According to the public record, 1, Cherry Orchard, Wolverhampton is a modern freehold house with 1,496 ft2 of internal area and sits on a 332 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cherry Orchard, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
1, Cherry Orchard, Wolverhampton has 2 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated February 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Cherry Orchard Wolverhampton as £519,182 and the rental value as £1,767 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 Cherry Orchard Wolverhampton has increased by £1,987 (0.4%) and its rental value has increased by £50 per month (2.8%).
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 1, Cherry Orchard, Wolverhampton is in very good condition we estimate a sale value of £545,141 and rental value of £1,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,839 and a rental value of £1,644 per month.
If you were able to purchase this property for the estimated value of £519,182, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,552 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Cherry Orchard, Wolverhampton sits on a plot of 332m2.
We have plot size data on 3 out of 5 other houses in the postcode and 1, Cherry Orchard, Wolverhampton sits on the 3rd largest plot.
According to HM Land Registry, 1, Cherry Orchard, Wolverhampton was last sold on 22 Nov 2013 for £345,750 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 54.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cherry Orchard, Wolverhampton within a radius of 750 metres over the last 2 years.
The most recent example is 55, Farran Drive, Wolverhampton, WV8 1FA, a Freehold house which sold for £494,995 in Dec 2020.
Read more about house prices in WV8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Orchard, Codsall, Wolverhampton, WV8 has a total of 5 addresses. According to our analysis of all the public data, 1, Cherry Orchard, Wolverhampton is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in WV8.
1, Cherry Orchard, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Cherry Orchard, Wolverhampton is Codsall station which is 700 metres 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 1, Cherry Orchard, Wolverhampton, 50.4% of property is privately owned outright and 39.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Cherry Orchard, Wolverhampton, 17.8% of residents are recorded as possessing school level qualifications and 42.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Cherry Orchard, 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 1, Cherry Orchard, Wolverhampton, 0.0% 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 1, Cherry Orchard, Wolverhampton, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.