According to the public record, 24, Cherrington Gardens, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,004 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cherrington Gardens, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
24, Cherrington Gardens, Wolverhampton has 2 entries in the Land Registry database, most recently in May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Cherrington Gardens Wolverhampton as £325,815 and the rental value as £1,270 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 24 Cherrington Gardens Wolverhampton has increased by £2,985 (0.9%) and its rental value has increased by £62 per month (4.9%).
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 24, Cherrington Gardens, Wolverhampton is in very good condition we estimate a sale value of £342,106 and rental value of £1,333 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,008 and a rental value of £1,181 per month.
If you were able to purchase this property for the estimated value of £325,815, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,601 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, 24, Cherrington Gardens, Wolverhampton was last sold on 30 May 2007 for £197,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 54.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Cherrington Gardens, Wolverhampton within a radius of 700 metres over the last 2 years.
The most recent example is 37, Cherrington Gardens, Wolverhampton, WV6 8AJ, a Freehold house which sold for £335,000 in Sep 2022.
Read more about house prices in WV6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrington Gardens, Wolverhampton, WV6 has a total of 62 addresses. According to our analysis of all the public data, 24, Cherrington Gardens, Wolverhampton is the 43rd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in WV6.
The closest station to 24, Cherrington Gardens, Wolverhampton is Wolverhampton station which is 4.2 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 24, Cherrington Gardens, Wolverhampton, 55.4% of property is privately owned outright and 39.7% 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 24, Cherrington Gardens, Wolverhampton, 17.0% of residents are recorded as possessing school level qualifications and 45.4% 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 24, Cherrington Gardens, 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 24, Cherrington Gardens, Wolverhampton, 1.0% 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 24, Cherrington Gardens, Wolverhampton, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.