According to the public record, 45, Elliotts Lane, Wolverhampton is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 670 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elliotts Lane, Codsall, Wolverhampton, WV8 is located in the borough of South Staffordshire within the WV8 postal district.
45, Elliotts Lane, Wolverhampton has a single entry in the Land Registry database from April 2015 and a single entry in the EPC database dated June 2013.
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 45 Elliotts Lane Wolverhampton as £360,355 and the rental value as £1,455 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 45 Elliotts Lane Wolverhampton has increased by £7,327 (2.0%) and its rental value has increased by £66 per month (4.5%).
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 45, Elliotts Lane, Wolverhampton is in very good condition we estimate a sale value of £378,373 and rental value of £1,528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,130 and a rental value of £1,354 per month.
If you were able to purchase this property for the estimated value of £360,355, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,771 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, 45, Elliotts Lane, Wolverhampton sits on a plot of 670m2.
We have plot size data on 20 out of 48 other houses in the postcode and 45, Elliotts Lane, Wolverhampton sits on the 8th largest plot.
According to HM Land Registry, 45, Elliotts Lane, Wolverhampton was last sold on 08 Apr 2015 for £221,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2015, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Elliotts Lane, Wolverhampton within a radius of 600 metres over the last 2 years.
The most recent example is 16, Bromley Gardens, Wolverhampton, WV8 1BE, a Freehold house which sold for £355,000 in Feb 2024.
Read more about house prices in WV8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elliotts Lane, Codsall, Wolverhampton, WV8 has a total of 51 addresses. According to our analysis of all the public data, 45, Elliotts Lane, Wolverhampton is the 38th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in WV8.
45, Elliotts Lane, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2013.
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 45, Elliotts Lane, Wolverhampton is Bilbrook station which is 600 metres 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 45, Elliotts Lane, Wolverhampton, 51.6% of property is socially rented and 20.3% 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 45, Elliotts Lane, Wolverhampton, 22.9% of residents are recorded as possessing school level qualifications and 16.8% 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 45, Elliotts Lane, Wolverhampton, the average age was 45.8 and the most common age was 52.
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 45, Elliotts Lane, 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 45, Elliotts Lane, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.