According to the public record, 3, Middlefield, Wolverhampton is a mid-century freehold house with 882 ft2 of internal area and sits on a 163 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Middlefield, Wolverhampton, WV8 is located in the borough of City of Wolverhampton within the WV8 postal district.
3, Middlefield, Wolverhampton has a single entry in the Land Registry database from July 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 3 Middlefield Wolverhampton as £158,122 and the rental value as £856 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 3 Middlefield Wolverhampton has increased by £6,192 (3.9%) and its rental value has increased by £63 per month (7.3%).
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 3, Middlefield, Wolverhampton is in very good condition we estimate a sale value of £166,028 and rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,054 and a rental value of £796 per month.
If you were able to purchase this property for the estimated value of £158,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £777 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, 3, Middlefield, Wolverhampton sits on a plot of 163m2.
We have plot size data on 4 out of 9 other houses in the postcode and 3, Middlefield, Wolverhampton sits on the largest plot.
According to HM Land Registry, 3, Middlefield, Wolverhampton was last sold on 12 Jul 2021 for £139,900 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Middlefield, Wolverhampton within a radius of 660 metres over the last 2 years.
The most recent example is 6, Torfield, Wolverhampton, WV8 1TD, a Freehold house which sold for £183,000 in Mar 2023.
Read more about house prices in WV8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middlefield, Wolverhampton, WV8 has a total of 17 addresses. According to our analysis of all the public data, 3, Middlefield, Wolverhampton is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in WV8.
3, Middlefield, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 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 3, Middlefield, Wolverhampton is Bilbrook station which is 2.0 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 3, Middlefield, Wolverhampton, 58.4% of property is socially rented and 16.8% 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 3, Middlefield, Wolverhampton, 25.1% of residents are recorded as possessing school level qualifications and 15.7% 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 3, Middlefield, Wolverhampton, the average age was 39.1 and the most common age was 62.
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 3, Middlefield, Wolverhampton, 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 3, Middlefield, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.