According to the public record, 51, Wergs Road, Wolverhampton is a period freehold house and with 4,951 ft2 of internal area and sits on a 2,346 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Wergs Road, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
51, Wergs Road, Wolverhampton has a single entry in the Land Registry database from June 2021 and no records in the EPC database.
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 51 Wergs Road Wolverhampton as £830,616 and the rental value as £2,904 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 51 Wergs Road Wolverhampton has decreased by £4,697 (0.6%) and its rental value has increased by £93 per month (3.2%).
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 51, Wergs Road, Wolverhampton is in very good condition we estimate a sale value of £872,147 and rental value of £3,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £772,473 and a rental value of £2,701 per month.
If you were able to purchase this property for the estimated value of £830,616, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,082 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, 51, Wergs Road, Wolverhampton sits on a plot of 2346m2.
We have plot size data on 2 out of 6 other houses in the postcode and 51, Wergs Road, Wolverhampton sits on the 2nd largest plot.
According to HM Land Registry, 51, Wergs Road, Wolverhampton was last sold on 29 Jun 2021 for £770,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 51, Wergs Road, Wolverhampton within a radius of 834m over the last 2 years.
The most recent example is 64, Wergs Road, Wolverhampton, WV6 8TD, a Freehold house which sold for £350,000 in Dec 2007.
Read more about house prices in WV6.
Wergs Road, Wolverhampton, WV6 has a total of 77 addresses. According to our analysis of all the public data, 51, Wergs Road, Wolverhampton is the 3rd largest and the 17th most expensive property on the street.
When compared to the postcode district it is £562k more expensive than the average property in WV6.
51, Wergs Road, Wolverhampton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Aug 2018.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using an oil fired boiler and radiators.
The closest station to 51, Wergs Road, Wolverhampton is Bilbrook 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 51, Wergs Road, Wolverhampton, 42.3% of property is privately owned with a mortgage and 37.3% 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 51, Wergs Road, Wolverhampton, 22.5% of residents are recorded as possessing school level qualifications and 26.0% 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 51, Wergs Road, Wolverhampton, the average age was 47.4 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 51, Wergs Road, Wolverhampton, 0.3% 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 51, Wergs Road, 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.