According to the public record, 56, Victoria Road, Wolverhampton is a period freehold house with 871 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Victoria Road, Bradmore, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
56, Victoria Road, Wolverhampton has 41 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated June 2015.
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 Victoria Road Wolverhampton as £190,871 and the rental value as £931 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 56 Victoria Road Wolverhampton has increased by £3,113 (1.6%) and its rental value has increased by £57 per month (6.1%).
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, Victoria Road, Wolverhampton is in very good condition we estimate a sale value of £200,415 and rental value of £977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,510 and a rental value of £865 per month.
If you were able to purchase this property for the estimated value of £190,871, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £938 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, Victoria Road, Wolverhampton sits on a plot of 240m2.
We have plot size data on 56 out of 74 other houses in the postcode and 56, Victoria Road, Wolverhampton sits on the 20th largest plot.
According to HM Land Registry, 56, Victoria Road, Wolverhampton was last sold on 28 Aug 2015 for £115,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2015, the market for similar properties has risen 54.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Victoria Road, Wolverhampton within a radius of 520 metres over the last 2 years.
The most recent example is 72, Victoria Road, Wolverhampton, WV3 7EU, a Freehold house which sold for £195,000 in Nov 2023.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Bradmore, Wolverhampton, WV3 has a total of 140 addresses. According to our analysis of all the public data, 56, Victoria Road, Wolverhampton is the 73rd largest and the 94th most expensive property on the street.
When compared to the postcode district it is £935 less expensive than the average property in WV3.
56, Victoria Road, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jun 2015.
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 56, Victoria Road, Wolverhampton is Wolverhampton station which is 3.1 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, Victoria Road, Wolverhampton, 37.2% of property is privately owned with a mortgage and 30.6% 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, Victoria Road, Wolverhampton, 15.2% of residents are recorded as possessing school level qualifications and 31.8% 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 56, Victoria Road, Wolverhampton, the average age was 42.6 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 56, Victoria Road, 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 56, Victoria Road, Wolverhampton, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.