According to the public record, 40, Mill Street, Bilston is a early-century freehold house and with 807 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Street, Bilston, WV14 is located in the borough of City of Wolverhampton within the WV14 postal district.
40, Mill Street, Bilston has a single entry in the Land Registry database from September 2016 and 2 entries in the EPC database, most recently in June 2024.
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 40 Mill Street Bilston as £139,233 and the rental value as £762 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 40 Mill Street Bilston has increased by £2,766 (2.0%) and its rental value has increased by £38 per month (5.0%).
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, Mill Street, Bilston is in very good condition we estimate a sale value of £146,195 and rental value of £800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,487 and a rental value of £709 per month.
If you were able to purchase this property for the estimated value of £139,233, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £684 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, Mill Street, Bilston sits on a plot of 176m2.
We have plot size data on 13 out of 26 other houses in the postcode and 40, Mill Street, Bilston sits on the 11th largest plot.
According to HM Land Registry, 40, Mill Street, Bilston was last sold on 23 Sep 2016 for £90,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 62.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Mill Street, Bilston within a radius of 307m over the last 2 years.
The most recent example is 11, Albany Crescent, Bilston, WV14 0HT, a Freehold house which sold for £162,000 in Apr 2024.
Read more about house prices in WV14.
Mill Street, Bilston, WV14 has a total of 43 addresses. According to our analysis of all the public data, 40, Mill Street, Bilston is the 13th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in WV14.
40, Mill Street, Bilston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jun 2024.
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, Mill Street, Bilston is Coseley station which is 2.2 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 40, Mill Street, Bilston, 51.9% of property is socially rented and 20.7% 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 40, Mill Street, Bilston, 20.8% of residents are recorded as possessing school level qualifications and 13.7% 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, Mill Street, Bilston, 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 40, Mill Street, 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 40, Mill Street, Bilston, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.