According to the public record, 5, Gail Park, Wolverhampton is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 356 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gail Park, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
5, Gail Park, Wolverhampton has 31 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated February 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 5 Gail Park Wolverhampton as £234,049 and the rental value as £998 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Gail Park Wolverhampton has increased by £1,286 (0.5%) and its rental value has increased by £48 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 5, Gail Park, Wolverhampton is in very good condition we estimate a sale value of £245,751 and rental value of £1,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,665 and a rental value of £928 per month.
If you were able to purchase this property for the estimated value of £234,049, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,150 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, 5, Gail Park, Wolverhampton sits on a plot of 356m2.
We have plot size data on 11 out of 16 other houses in the postcode and 5, Gail Park, Wolverhampton sits on the 3rd largest plot.
According to HM Land Registry, 5, Gail Park, Wolverhampton was last sold on 27 Apr 2022 for £243,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Gail Park, Wolverhampton within a radius of 530 metres over the last 2 years.
The most recent example is 1B, Langley Gardens, Wolverhampton, WV3 7JN, a Freehold house which sold for £235,500 in Jun 2022.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gail Park, Wolverhampton, WV3 has a total of 34 addresses. According to our analysis of all the public data, 5, Gail Park, Wolverhampton is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in WV3.
5, Gail Park, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 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 5, Gail Park, Wolverhampton is Wolverhampton station which is 3.4 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 5, Gail Park, Wolverhampton, 48.8% of property is privately owned outright and 34.7% 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 5, Gail Park, Wolverhampton, 20.5% of residents are recorded as possessing school level qualifications and 40.0% 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 5, Gail Park, 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 5, Gail Park, Wolverhampton, 1.3% 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 5, Gail Park, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.