According to the public record, 4, Forge Close, Wolverhampton is a modern freehold house and with 947 ft2 of internal area and sits on a 190 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Forge Close, Pendeford, Wolverhampton, WV8 is located in the borough of City of Wolverhampton within the WV8 postal district.
4, Forge Close, Wolverhampton has 31 entries in the Land Registry database, most recently in September 2016 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 4 Forge Close Wolverhampton as £167,080 and the rental value as £888 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 4 Forge Close Wolverhampton has increased by £6,475 (3.9%) and its rental value has increased by £66 per month (7.4%).
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 4, Forge Close, Wolverhampton is in very good condition we estimate a sale value of £175,434 and rental value of £932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,385 and a rental value of £826 per month.
If you were able to purchase this property for the estimated value of £167,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £821 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, 4, Forge Close, Wolverhampton sits on a plot of 190m2.
We have plot size data on 6 out of 19 other houses in the postcode and 4, Forge Close, Wolverhampton sits on the 2nd largest plot.
According to HM Land Registry, 4, Forge Close, Wolverhampton was last sold on 26 Sep 2016 for £106,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2016, the market for similar properties has risen 55.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Forge Close, Wolverhampton within a radius of 274m over the last 2 years.
The most recent example is 14, Cosgrove Walk, Wolverhampton, WV8 1YD, a Freehold house which sold for £180,000 in Feb 2024.
Read more about house prices in WV8.
Forge Close, Pendeford, Wolverhampton, WV8 has a total of 37 addresses. According to our analysis of all the public data, 4, Forge Close, Wolverhampton is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in WV8.
4, Forge Close, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 4, Forge Close, Wolverhampton is Bilbrook station which is 2.1 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 4, Forge Close, Wolverhampton, 54.4% of property is socially rented and 21.1% 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 4, Forge Close, Wolverhampton, 25.2% of residents are recorded as possessing school level qualifications and 20.8% 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 4, Forge Close, 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 4, Forge Close, 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 4, Forge Close, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.