According to the public record, 24, Finchfield Lane, Wolverhampton is a mid-century freehold house with 3,207 ft2 of internal area and sits on a 1,083 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Finchfield Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
24, Finchfield Lane, Wolverhampton has 21 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated March 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 24 Finchfield Lane Wolverhampton as £556,442 and the rental value as £1,946 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 24 Finchfield Lane Wolverhampton has decreased by £3,449 (0.6%) and its rental value has increased by £69 per month (3.5%).
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, Finchfield Lane, Wolverhampton is in very good condition we estimate a sale value of £584,264 and rental value of £2,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £517,491 and a rental value of £1,809 per month.
If you were able to purchase this property for the estimated value of £556,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,735 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, 24, Finchfield Lane, Wolverhampton sits on a plot of 1083m2.
We have plot size data on 18 out of 34 other houses in the postcode and 24, Finchfield Lane, Wolverhampton sits on the largest plot.
According to HM Land Registry, 24, Finchfield Lane, Wolverhampton was last sold on 30 Mar 2020 for £180,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2020, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 24, Finchfield Lane, Wolverhampton within a radius of 500 metres over the last 2 years.
The most recent example is 25, Wootton Road, Wolverhampton, WV3 8EG, a Freehold house which sold for £380,000 in Mar 2013.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Finchfield Lane, Wolverhampton, WV3 has a total of 124 addresses. According to our analysis of all the public data, 24, Finchfield Lane, Wolverhampton is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £365k more expensive than the average property in WV3.
24, Finchfield Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 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 24, Finchfield Lane, Wolverhampton is Wolverhampton station which is 3.9 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, Finchfield Lane, Wolverhampton, 46.4% of property is privately owned outright and 42.9% 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, Finchfield Lane, Wolverhampton, 17.9% of residents are recorded as possessing school level qualifications and 33.0% 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 24, Finchfield Lane, Wolverhampton, the average age was 40.3 and the most common age was 52.
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, Finchfield Lane, Wolverhampton, 1.1% 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, Finchfield Lane, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.