According to the public record, 332, Birmingham New Road, Bilston is a early-century freehold house and with 796 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Birmingham New Road, Bilston, WV14 is located in the borough of City of Wolverhampton within the WV14 postal district.
332, Birmingham New Road, Bilston has 3 entries in the Land Registry database, most recently in March 2021 and 3 entries in the EPC database, most recently in August 2015.
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 332 Birmingham New Road Bilston as £189,840 and the rental value as £979 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 332 Birmingham New Road Bilston has decreased by £450 (0.2%) and its rental value has increased by £28 per month (2.9%).
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 332, Birmingham New Road, Bilston is in very good condition we estimate a sale value of £199,332 and rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,551 and a rental value of £910 per month.
If you were able to purchase this property for the estimated value of £189,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £933 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, 332, Birmingham New Road, Bilston sits on a plot of 300m2.
We have plot size data on 15 out of 30 other houses in the postcode and 332, Birmingham New Road, Bilston sits on the 13th largest plot.
According to HM Land Registry, 332, Birmingham New Road, Bilston was last sold on 19 Mar 2021 for £168,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2021, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 332, Birmingham New Road, Bilston within a radius of 67m over the last 2 years.
The most recent example is 336, Birmingham New Road, Bilston, WV14 9PW, a Freehold house which sold for £173,000 in Oct 2020.
Read more about house prices in WV14.
Birmingham New Road, Bilston, WV14 has a total of 190 addresses. According to our analysis of all the public data, 332, Birmingham New Road, Bilston is the 125th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in WV14.
332, Birmingham New Road, Bilston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2015.
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 332, Birmingham New Road, Bilston is Coseley station which is 1.2 km 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 332, Birmingham New Road, Bilston, 59.6% of property is privately owned outright and 24.8% 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 332, Birmingham New Road, Bilston, 15.8% of residents are recorded as possessing school level qualifications and 27.3% 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 332, Birmingham New Road, Bilston, 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 332, Birmingham New Road, Bilston, 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 332, Birmingham New Road, Bilston, 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.