According to the public record, 11, Mills Road, Wolverhampton is a mid-century freehold house and with 738 ft2 of internal area and sits on a 263 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mills Road, Wolverhampton, WV2 is located in the borough of City of Wolverhampton within the WV2 postal district.
11, Mills Road, Wolverhampton has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated December 2010.
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 11 Mills Road Wolverhampton as £167,644 and the rental value as £902 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 11 Mills Road Wolverhampton has increased by £4,949 (3.0%) and its rental value has increased by £64 per month (7.1%).
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 11, Mills Road, Wolverhampton is in very good condition we estimate a sale value of £176,026 and rental value of £948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,909 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £167,644, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £824 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, 11, Mills Road, Wolverhampton sits on a plot of 263m2.
We have plot size data on 27 out of 56 other houses in the postcode and 11, Mills Road, Wolverhampton sits on the 8th largest plot.
According to HM Land Registry, 11, Mills Road, Wolverhampton was last sold on 23 Jul 2020 for £129,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Mills Road, Wolverhampton within a radius of 162m over the last 2 years.
The most recent example is 4, Mills Road, Wolverhampton, WV2 1HX, a Freehold house which sold for £190,000 in Jun 2023.
Read more about house prices in WV2.
Our network of Estate Agents report 1 let within a 565m radius of 11, Mills Road, Wolverhampton over the last 2 years.
Most recently 32, Willcock Road, Wolverhampton, WV2 2BZ, a Freehold house let by Dan Richards - The Letting Experts for an undisclosed amount in Feb 2024.
Mills Road, Wolverhampton, WV2 has a total of 56 addresses. According to our analysis of all the public data, 11, Mills Road, Wolverhampton is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in WV2.
11, Mills Road, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Dec 2010.
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 11, Mills Road, Wolverhampton is Wolverhampton station which is 1.3 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 11, Mills Road, Wolverhampton, 35.0% of property is privately rented and 30.1% 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 11, Mills Road, Wolverhampton, 12.1% of residents are recorded as possessing school level qualifications and 30.0% 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 11, Mills Road, Wolverhampton, the average age was 35.3 and the most common age was 32.
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 11, Mills Road, Wolverhampton, 1.0% 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 11, Mills Road, Wolverhampton, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.