According to the public record, 2, Hazel Road, Wolverhampton is a early-century freehold house with 1,797 ft2 of internal area and sits on a 403 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hazel Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
2, Hazel Road, Wolverhampton has 2 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated September 2019.
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 Hazel Road Wolverhampton as £368,719 and the rental value as £1,255 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 2 Hazel Road Wolverhampton has decreased by £1,215 (0.3%) and its rental value has increased by £50 per month (4.0%).
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, Hazel Road, Wolverhampton is in very good condition we estimate a sale value of £387,155 and rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,909 and a rental value of £1,167 per month.
If you were able to purchase this property for the estimated value of £368,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,812 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, Hazel Road, Wolverhampton sits on a plot of 403m2.
We have plot size data on 8 out of 12 other houses in the postcode and 2, Hazel Road, Wolverhampton sits on the largest plot.
According to HM Land Registry, 2, Hazel Road, Wolverhampton was last sold on 13 Dec 2019 for £345,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 22.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hazel Road, Wolverhampton within a radius of 540 metres over the last 2 years.
The most recent example is 115, Trysull Road, Wolverhampton, WV3 7JG, a Freehold house which sold for £340,000 in Feb 2024.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hazel Road, Wolverhampton, WV3 has a total of 44 addresses. According to our analysis of all the public data, 2, Hazel Road, Wolverhampton is the largest and the most expensive property on the street.
When compared to the postcode district it is £177k more expensive than the average property in WV3.
2, Hazel Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2019.
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, Hazel Road, Wolverhampton is Wolverhampton station which is 3.3 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, Hazel Road, Wolverhampton, 45.7% of property is privately owned outright and 38.6% 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, Hazel Road, Wolverhampton, 18.6% of residents are recorded as possessing school level qualifications and 28.4% 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 2, Hazel Road, 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 2, Hazel Road, Wolverhampton, 0.6% 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, Hazel Road, Wolverhampton, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.