According to the public record, 19, Broad Lane, Wolverhampton is a modern freehold house with 1,076 ft2 of internal area and sits on a 318 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Broad Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
19, Broad Lane, Wolverhampton has 51 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated September 2020.
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 19 Broad Lane Wolverhampton as £221,152 and the rental value as £972 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 19 Broad Lane Wolverhampton has increased by £106 (0.0%) and its rental value has increased by £42 per month (4.4%).
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 19, Broad Lane, Wolverhampton is in very good condition we estimate a sale value of £232,209 and rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,671 and a rental value of £904 per month.
If you were able to purchase this property for the estimated value of £221,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,087 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, 19, Broad Lane, Wolverhampton sits on a plot of 318m2.
We have plot size data on 2 out of 8 other houses in the postcode and 19, Broad Lane, Wolverhampton sits on the 3rd largest plot.
According to HM Land Registry, 19, Broad Lane, Wolverhampton was last sold on 18 Dec 2020 for £177,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2020, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Broad Lane, Wolverhampton within a radius of 570 metres over the last 2 years.
The most recent example is 20, Church Road, Wolverhampton, WV3 7ET, a Freehold house which sold for £185,000 in Aug 2023.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Wolverhampton, WV3 has a total of 92 addresses. According to our analysis of all the public data, 19, Broad Lane, Wolverhampton is the 37th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in WV3.
19, Broad Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2020.
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 19, Broad Lane, Wolverhampton is Wolverhampton station which is 2.8 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 19, Broad Lane, Wolverhampton, 37.4% of property is socially rented and 30.9% is privately 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 19, Broad Lane, Wolverhampton, 17.3% of residents are recorded as possessing school level qualifications and 25.4% 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 19, Broad Lane, 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 19, Broad Lane, Wolverhampton, 0.9% 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 19, Broad Lane, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.