According to the public record, 31, Southfield Grove, Wolverhampton is a mid-century freehold house with 1,184 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Southfield Grove, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
31, Southfield Grove, Wolverhampton has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated March 2022.
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 Southfield Grove Wolverhampton as £361,204 and the rental value as £1,293 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 31 Southfield Grove Wolverhampton has decreased by £2,239 (0.6%) and its rental value has increased by £46 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 31, Southfield Grove, Wolverhampton is in very good condition we estimate a sale value of £379,265 and rental value of £1,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,920 and a rental value of £1,203 per month.
If you were able to purchase this property for the estimated value of £361,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,775 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, Southfield Grove, Wolverhampton sits on a plot of 407m2.
We have plot size data on 15 out of 32 other houses in the postcode and 31, Southfield Grove, Wolverhampton sits on the 11th largest plot.
According to HM Land Registry, 31, Southfield Grove, Wolverhampton was last sold on 11 Aug 2022 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Southfield Grove, Wolverhampton within a radius of 560 metres over the last 2 years.
The most recent example is 32, Southfield Grove, Wolverhampton, WV3 8DP, a Freehold house which sold for £460,000 in Feb 2024.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southfield Grove, Wolverhampton, WV3 has a total of 32 addresses. According to our analysis of all the public data, 31, Southfield Grove, Wolverhampton is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in WV3.
31, Southfield Grove, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2022.
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 31, Southfield Grove, Wolverhampton is Wolverhampton station which is 4.1 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, Southfield Grove, 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 31, Southfield Grove, 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 31, Southfield Grove, 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 31, Southfield Grove, 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 31, Southfield Grove, 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.