According to the public record, 1, The Covert, Wolverhampton is a mid-century house with 957 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Covert, Wolverhampton, WV8 is located in the borough of City of Wolverhampton within the WV8 postal district.
1, The Covert, Wolverhampton has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 The Covert Wolverhampton as £156,264 and the rental value as £828 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1 The Covert Wolverhampton has increased by £6,119 (3.9%) and its rental value has increased by £61 per month (7.3%).
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, The Covert, Wolverhampton is in very good condition we estimate a sale value of £164,077 and rental value of £869 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,325 and a rental value of £770 per month.
If you were able to purchase this property for the estimated value of £156,264, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £768 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Covert, Wolverhampton within a radius of 203m over the last 2 years.
The most recent example is 4, Smallwood Road, Wolverhampton, WV8 1UE, a Freehold house which sold for £160,000 in Mar 2024.
Read more about house prices in WV8.
The Covert, Wolverhampton, WV8 has a total of 26 addresses. According to our analysis of all the public data, 1, The Covert, Wolverhampton is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in WV8.
1, The Covert, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2013.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 1, The Covert, Wolverhampton is Bilbrook station which is 1.7 km 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, The Covert, Wolverhampton, 57.1% of property is socially rented and 22.7% 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, The Covert, Wolverhampton, 15.7% of residents are recorded as possessing school level qualifications and 18.0% 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, The Covert, Wolverhampton, the average age was 39.1 and the most common age was 62.
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, The Covert, Wolverhampton, 0.4% 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 1, The Covert, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.