According to the public record, 17, Gail Park, Wolverhampton is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gail Park, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
17, Gail Park, Wolverhampton has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated May 2017.
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 17 Gail Park Wolverhampton as £117,323 and the rental value as £616 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 17 Gail Park Wolverhampton has increased by £1,140 (1.0%) and its rental value has increased by £33 per month (5.3%).
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 17, Gail Park, Wolverhampton is in very good condition we estimate a sale value of £123,189 and rental value of £647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,110 and a rental value of £573 per month.
If you were able to purchase this property for the estimated value of £117,323, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £577 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 HM Land Registry, 17, Gail Park, Wolverhampton was last sold on 04 May 2018 for £87,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Gail Park, Wolverhampton within a radius of 550 metres over the last 2 years.
The most recent example is 27, Gail Park, Wolverhampton, WV3 7JJ, a Leasehold flat which sold for £85,000 in Apr 2023.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gail Park, Wolverhampton, WV3 has a total of 34 addresses. According to our analysis of all the public data, 17, Gail Park, Wolverhampton is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in WV3.
17, Gail Park, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 17, Gail Park, Wolverhampton is Wolverhampton station which is 3.4 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 17, Gail Park, Wolverhampton, 48.8% of property is privately owned outright and 34.7% 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 17, Gail Park, Wolverhampton, 20.5% of residents are recorded as possessing school level qualifications and 40.0% 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 17, Gail Park, Wolverhampton, the average age was 45.1 and the most common age was 47.
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 17, Gail Park, Wolverhampton, 1.3% 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 17, Gail Park, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.