According to the public record, 56, Highlands Road, Wolverhampton is a early-century freehold house with 1,560 ft2 of internal area and sits on a 352 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Highlands Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
56, Highlands Road, Wolverhampton has 31 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated January 2017.
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 56 Highlands Road Wolverhampton as £420,602 and the rental value as £1,432 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 56 Highlands Road Wolverhampton has decreased by £3,032 (0.7%) and its rental value has increased by £51 per month (3.6%).
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 56, Highlands Road, Wolverhampton is in very good condition we estimate a sale value of £441,632 and rental value of £1,503 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,160 and a rental value of £1,332 per month.
If you were able to purchase this property for the estimated value of £420,602, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,067 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, 56, Highlands Road, Wolverhampton sits on a plot of 352m2.
We have plot size data on 26 out of 43 other houses in the postcode and 56, Highlands Road, Wolverhampton sits on the 19th largest plot.
According to HM Land Registry, 56, Highlands Road, Wolverhampton was last sold on 11 May 2017 for £264,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Highlands Road, Wolverhampton within a radius of 600 metres over the last 2 years.
The most recent example is 38, Uplands Avenue, Wolverhampton, WV3 8AA, a Freehold house which sold for £382,500 in Jan 2024.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highlands Road, Wolverhampton, WV3 has a total of 60 addresses. According to our analysis of all the public data, 56, Highlands Road, Wolverhampton is the 30th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £229k more expensive than the average property in WV3.
56, Highlands Road, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jan 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 56, Highlands Road, 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 56, Highlands Road, Wolverhampton, 57.3% of property is privately owned with a mortgage and 38.5% 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 56, Highlands Road, Wolverhampton, 26.3% of residents are recorded as possessing school level qualifications and 50.2% 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 56, Highlands Road, 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 56, Highlands Road, Wolverhampton, 1.2% 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 56, Highlands Road, Wolverhampton, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.