According to the public record, 11, Old Farm Drive, Wolverhampton is a modern freehold house and with 1,808 ft2 of internal area and sits on a 485 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Old Farm Drive, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
11, Old Farm Drive, Wolverhampton has 2 entries in the Land Registry database, most recently in August 2017 and no records in the EPC database.
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 Old Farm Drive Wolverhampton as £526,799 and the rental value as £1,831 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 11 Old Farm Drive Wolverhampton has decreased by £885 (0.2%) and its rental value has increased by £42 per month (2.3%).
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 11, Old Farm Drive, Wolverhampton is in very good condition we estimate a sale value of £553,139 and rental value of £1,922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,923 and a rental value of £1,702 per month.
If you were able to purchase this property for the estimated value of £526,799, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,589 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, Old Farm Drive, Wolverhampton sits on a plot of 485m2.
We have plot size data on 26 out of 45 other houses in the postcode and 11, Old Farm Drive, Wolverhampton sits on the 10th largest plot.
According to HM Land Registry, 11, Old Farm Drive, Wolverhampton was last sold on 11 Aug 2017 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Old Farm Drive, Wolverhampton within a radius of 172m over the last 2 years.
The most recent example is 34, Old Farm Drive, Wolverhampton, WV8 1GF, a Freehold house which sold for £517,500 in Feb 2022.
Read more about house prices in WV8.
Old Farm Drive, Codsall, Wolverhampton, WV8 has a total of 45 addresses. According to our analysis of all the public data, 11, Old Farm Drive, Wolverhampton is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £239k more expensive than the average property in WV8.
11, Old Farm Drive, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2017.
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, Old Farm Drive, Wolverhampton is Bilbrook station which is 1.0 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, Old Farm Drive, Wolverhampton, 51.3% of property is privately owned with a mortgage and 33.6% is privately owned outright.
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, Old Farm Drive, Wolverhampton, 21.5% of residents are recorded as possessing school level qualifications and 55.2% 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, Old Farm Drive, Wolverhampton, the average age was 44.5 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 11, Old Farm 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 11, Old Farm Drive, Wolverhampton, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.