According to the public record, 34, Old Farm Drive, Wolverhampton is a modern freehold house and with 1,732 ft2 of internal area and sits on a 384 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Old Farm Drive, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
34, Old Farm Drive, Wolverhampton has 31 entries in the Land Registry database, most recently in February 2022 and no records in the EPC database.
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 34 Old Farm Drive Wolverhampton as £515,024 and the rental value as £1,790 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 34 Old Farm Drive Wolverhampton has decreased by £865 (0.2%) and its rental value has increased by £41 per month (2.3%).
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 34, Old Farm Drive, Wolverhampton is in very good condition we estimate a sale value of £540,775 and rental value of £1,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,972 and a rental value of £1,664 per month.
If you were able to purchase this property for the estimated value of £515,024, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,531 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, 34, Old Farm Drive, Wolverhampton sits on a plot of 384m2.
We have plot size data on 26 out of 45 other houses in the postcode and 34, Old Farm Drive, Wolverhampton sits on the 19th largest plot.
According to HM Land Registry, 34, Old Farm Drive, Wolverhampton was last sold on 03 Feb 2022 for £517,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Old Farm Drive, Wolverhampton within a radius of 122m over the last 2 years.
The most recent example is 43, Old Farm Drive, Wolverhampton, WV8 1GF, a Freehold house which sold for £480,500 in Mar 2021.
Read more about house prices in WV8.
Old Farm Drive, Codsall, Wolverhampton, WV8 has a total of 45 addresses. According to our analysis of all the public data, 34, Old Farm Drive, Wolverhampton is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £227k more expensive than the average property in WV8.
34, Old Farm Drive, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 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 34, Old Farm Drive, Wolverhampton is Bilbrook station which is 1.0 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 34, Old Farm Drive, Wolverhampton, 51.3% of property is privately owned with a mortgage and 33.6% 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 34, Old Farm Drive, Wolverhampton, 21.5% of residents are recorded as possessing school level qualifications and 55.2% 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 34, Old Farm Drive, Wolverhampton, the average age was 44.5 and the most common age was 57.
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 34, Old Farm Drive, 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 34, Old Farm Drive, Wolverhampton, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.