According to the public record, 40, Marnel Drive, Wolverhampton is a mid-century house with 731 ft2 of internal area and sits on a 250 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marnel Drive, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
40, Marnel Drive, Wolverhampton has no records in the Land Registry database and a single entry in the EPC database dated May 2015.
We combine this information with public data 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 40 Marnel Drive Wolverhampton as £189,540 and the rental value as £940 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 40 Marnel Drive Wolverhampton has increased by £1,041 (0.5%) and its rental value has increased by £46 per month (4.8%).
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 40, Marnel Drive, Wolverhampton is in very good condition we estimate a sale value of £199,017 and rental value of £987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,272 and a rental value of £875 per month.
If you were able to purchase this property for the estimated value of £189,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £932 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, 40, Marnel Drive, Wolverhampton sits on a plot of 250m2.
We have plot size data on 12 out of 20 other houses in the postcode and 40, Marnel Drive, Wolverhampton sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Marnel Drive, Wolverhampton within a radius of 560 metres over the last 2 years.
The most recent example is 10, Tibberton Close, Wolverhampton, WV3 7JW, a Leasehold house which sold for £200,000 in Jan 2024.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marnel Drive, Wolverhampton, WV3 has a total of 40 addresses. According to our analysis of all the public data, 40, Marnel Drive, Wolverhampton is the 37th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in WV3.
40, Marnel Drive, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 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 40, Marnel Drive, Wolverhampton is Wolverhampton station which is 3.3 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 40, Marnel Drive, Wolverhampton, 43.0% of property is privately owned outright and 41.0% 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 40, Marnel Drive, Wolverhampton, 22.9% of residents are recorded as possessing school level qualifications and 34.5% 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 40, Marnel Drive, Wolverhampton, the average age was 45.1 and the most common age was 47.
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 40, Marnel 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 40, Marnel Drive, Wolverhampton, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.