According to the public record, 31, Birches Barn Road, Wolverhampton is a early-century freehold house with 1,259 ft2 of internal area and sits on a 550 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Birches Barn Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
31, Birches Barn Road, Wolverhampton has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated February 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 31 Birches Barn Road Wolverhampton as £279,825 and the rental value as £1,019 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 31 Birches Barn Road Wolverhampton has decreased by £773 (0.3%) and its rental value has increased by £42 per month (4.1%).
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 31, Birches Barn Road, Wolverhampton is in very good condition we estimate a sale value of £293,816 and rental value of £1,069 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,237 and a rental value of £947 per month.
If you were able to purchase this property for the estimated value of £279,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,375 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, 31, Birches Barn Road, Wolverhampton sits on a plot of 550m2.
We have plot size data on 15 out of 27 other houses in the postcode and 31, Birches Barn Road, Wolverhampton sits on the 7th largest plot.
According to HM Land Registry, 31, Birches Barn Road, Wolverhampton was last sold on 06 Nov 2020 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Birches Barn Road, Wolverhampton within a radius of 520 metres over the last 2 years.
The most recent example is 35, Birches Barn Road, Wolverhampton, WV3 7BL, a Freehold house which sold for £200,000 in Oct 2021.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birches Barn Road, Wolverhampton, WV3 has a total of 128 addresses. According to our analysis of all the public data, 31, Birches Barn Road, Wolverhampton is the 46th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in WV3.
31, Birches Barn Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2020.
The property is connected to mains gas and has mostly triple glazing. It is heated using a boiler and radiators.
The closest station to 31, Birches Barn Road, Wolverhampton is Wolverhampton station which is 2.7 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 31, Birches Barn Road, Wolverhampton, 50.0% of property is privately owned with a mortgage and 36.4% is privately owned outright.
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 31, Birches Barn Road, Wolverhampton, 19.4% of residents are recorded as possessing school level qualifications and 43.3% 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 31, Birches Barn Road, Wolverhampton, the average age was 42.6 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 31, Birches Barn Road, Wolverhampton, 0.8% 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 31, Birches Barn Road, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.