According to the public record, 2, Boundary Way, Wolverhampton is a mid-century freehold house with 1,345 ft2 of internal area and sits on a 680 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Boundary Way, Compton, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
2, Boundary Way, Wolverhampton has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated December 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 2 Boundary Way Wolverhampton as £490,825 and the rental value as £1,671 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 2 Boundary Way Wolverhampton has decreased by £3,043 (0.6%) and its rental value has increased by £54 per month (3.2%).
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 2, Boundary Way, Wolverhampton is in very good condition we estimate a sale value of £515,367 and rental value of £1,755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,468 and a rental value of £1,554 per month.
If you were able to purchase this property for the estimated value of £490,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,412 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, 2, Boundary Way, Wolverhampton sits on a plot of 680m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Boundary Way, Wolverhampton sits on the 5th largest plot.
According to HM Land Registry, 2, Boundary Way, Wolverhampton was last sold on 09 Apr 2021 for £540,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Boundary Way, Wolverhampton within a radius of 770 metres over the last 2 years.
The most recent example is 32, Perton Brook Vale, Wolverhampton, WV6 8DS, a Freehold house which sold for £365,000 in Sep 2022.
Read more about house prices in WV6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Boundary Way, Compton, Wolverhampton, WV6 has a total of 6 addresses. According to our analysis of all the public data, 2, Boundary Way, Wolverhampton is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in WV6.
2, Boundary Way, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 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 2, Boundary Way, Wolverhampton is Bilbrook station which is 4.0 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 2, Boundary Way, Wolverhampton, 55.6% of property is privately owned outright and 38.1% 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 2, Boundary Way, Wolverhampton, 19.4% of residents are recorded as possessing school level qualifications and 53.0% 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 2, Boundary Way, Wolverhampton, the average age was 44.4 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 2, Boundary Way, Wolverhampton, 1.2% 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 2, Boundary Way, Wolverhampton, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.