According to the public record, 2, Park Road, Bilston is a early-century freehold house and with 764 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Road, Bilston, WV14 is located in the borough of City of Wolverhampton within the WV14 postal district.
2, Park Road, Bilston has 31 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated December 2013.
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 Park Road Bilston as £130,835 and the rental value as £722 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Park Road Bilston has increased by £5,022 (3.8%) and its rental value has increased by £51 per month (7.1%).
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, Park Road, Bilston is in very good condition we estimate a sale value of £137,377 and rental value of £758 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,677 and a rental value of £672 per month.
If you were able to purchase this property for the estimated value of £130,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £643 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, Park Road, Bilston sits on a plot of 279m2.
We have plot size data on 7 out of 34 other houses in the postcode and 2, Park Road, Bilston sits on the largest plot.
According to HM Land Registry, 2, Park Road, Bilston was last sold on 24 Mar 2017 for £70,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2017, the market for similar properties has risen 65.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Road, Bilston within a radius of 160m over the last 2 years.
The most recent example is 57, Mill Street, Bilston, WV14 0HN, a Freehold house which sold for £112,000 in Aug 2019.
Read more about house prices in WV14.
Park Road, Bilston, WV14 has a total of 34 addresses. According to our analysis of all the public data, 2, Park Road, Bilston is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in WV14.
2, Park Road, Bilston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Dec 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 2, Park Road, Bilston is Coseley station which is 2.3 km 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, Park Road, Bilston, 78.7% of property is socially rented and 10.6% 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 2, Park Road, Bilston, 22.4% of residents are recorded as possessing school level qualifications and 16.8% 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, Park Road, Bilston, the average age was 35.3 and the most common age was 32.
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, Park Road, Bilston, 0.0% 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, Park Road, Bilston, 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.