According to the public record, 1, Hazelmere Drive, Wolverhampton is a modern freehold house with 635 ft2 of internal area and sits on a 719 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hazelmere Drive, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
1, Hazelmere Drive, Wolverhampton has 21 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated October 2020.
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 Hazelmere Drive Wolverhampton as £318,458 and the rental value as £1,301 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 1 Hazelmere Drive Wolverhampton has increased by £5,744 (1.8%) and its rental value has increased by £76 per month (5.8%).
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, Hazelmere Drive, Wolverhampton is in very good condition we estimate a sale value of £334,381 and rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,166 and a rental value of £1,210 per month.
If you were able to purchase this property for the estimated value of £318,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,565 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, Hazelmere Drive, Wolverhampton sits on a plot of 719m2.
We have plot size data on 6 out of 7 other houses in the postcode and 1, Hazelmere Drive, Wolverhampton sits on the largest plot.
According to HM Land Registry, 1, Hazelmere Drive, Wolverhampton was last sold on 07 Dec 2020 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Hazelmere Drive, Wolverhampton within a radius of 910 metres over the last 2 years.
The most recent example is 201, Bridgnorth Road, Wolverhampton, WV6 8BD, a Freehold house which sold for £307,500 in May 2023.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hazelmere Drive, Wolverhampton, WV3 has a total of 7 addresses. According to our analysis of all the public data, 1, Hazelmere Drive, Wolverhampton is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in WV3.
1, Hazelmere Drive, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2020.
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, Hazelmere Drive, Wolverhampton is Bilbrook station which is 4.9 kilometres 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, Hazelmere Drive, Wolverhampton, 38.9% of property is privately owned outright and 34.0% 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, Hazelmere Drive, Wolverhampton, 17.1% of residents are recorded as possessing school level qualifications and 34.9% 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, Hazelmere Drive, Wolverhampton, the average age was 44.4 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 1, Hazelmere Drive, 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, Hazelmere Drive, 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.