According to the public record, 18, Lower Vauxhall, Wolverhampton is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lower Vauxhall, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
18, Lower Vauxhall, Wolverhampton has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated June 2014.
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 18 Lower Vauxhall Wolverhampton as £97,705 and the rental value as £580 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 18 Lower Vauxhall Wolverhampton has decreased by £72 (0.1%) and its rental value has increased by £25 per month (4.2%).
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 18, Lower Vauxhall, Wolverhampton is in very good condition we estimate a sale value of £102,590 and rental value of £609 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,866 and a rental value of £540 per month.
If you were able to purchase this property for the estimated value of £97,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £480 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, 18, Lower Vauxhall, Wolverhampton was last sold on 29 Aug 2019 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Lower Vauxhall, Wolverhampton within a radius of 470 metres over the last 2 years.
The most recent example is 6, Upper Vauxhall, Wolverhampton, WV1 4SY, a Leasehold flat which sold for £100,000 in Mar 2022.
Read more about house prices in WV1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Vauxhall, Wolverhampton, WV1 has a total of 60 addresses. According to our analysis of all the public data, 18, Lower Vauxhall, Wolverhampton is the 9th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in WV1.
18, Lower Vauxhall, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 18, Lower Vauxhall, Wolverhampton is Wolverhampton station which is 1.8 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 18, Lower Vauxhall, Wolverhampton, 38.4% of property is privately rented and 27.4% is socially rented.
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 18, Lower Vauxhall, Wolverhampton, 11.1% of residents are recorded as possessing school level qualifications and 23.5% 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 18, Lower Vauxhall, Wolverhampton, the average age was 38.8 and the most common age was 27.
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 18, Lower Vauxhall, Wolverhampton, 0.3% 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 18, Lower Vauxhall, Wolverhampton, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.