According to the public record, 4, Thorne Street, Wolverhampton is a period freehold house and with 828 ft2 of internal area and sits on a 305 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thorne Street, Wolverhampton, WV2 is located in the borough of City of Wolverhampton within the WV2 postal district.
4, Thorne Street, Wolverhampton has a single entry in the Land Registry database from May 2016 and 2 entries in the EPC database, most recently in March 2016.
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 Thorne Street Wolverhampton as £147,468 and the rental value as £810 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 4 Thorne Street Wolverhampton has increased by £3,842 (2.6%) and its rental value has increased by £52 per month (6.5%).
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 4, Thorne Street, Wolverhampton is in very good condition we estimate a sale value of £154,842 and rental value of £851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,145 and a rental value of £754 per month.
If you were able to purchase this property for the estimated value of £147,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £725 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, Thorne Street, Wolverhampton sits on a plot of 305m2.
We have plot size data on 22 out of 38 other houses in the postcode and 4, Thorne Street, Wolverhampton sits on the 9th largest plot.
According to HM Land Registry, 4, Thorne Street, Wolverhampton was last sold on 06 May 2016 for £108,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 57.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Thorne Street, Wolverhampton within a radius of 35m over the last 2 years.
The most recent example is 12, Thorne Street, Wolverhampton, WV2 2ND, a Freehold house which sold for £110,000 in Feb 2021.
Read more about house prices in WV2.
Thorne Street, Wolverhampton, WV2 has a total of 39 addresses. According to our analysis of all the public data, 4, Thorne Street, Wolverhampton is the 28th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in WV2.
4, Thorne Street, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 2016.
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 4, Thorne Street, Wolverhampton is Wolverhampton 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, Thorne Street, Wolverhampton, 37.5% of property is socially rented and 24.3% 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 4, Thorne Street, Wolverhampton, 23.9% of residents are recorded as possessing school level qualifications and 20.2% 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 4, Thorne Street, Wolverhampton, the average age was 35.3 and the most common age was 32.
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, Thorne Street, 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, Thorne Street, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.