According to the public record, 7, Hanover Court, Wolverhampton is a mid-century leasehold apartment and with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Hanover Court, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
7, Hanover Court, Wolverhampton has 41 entries in the Land Registry database, most recently in July 2015 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 7 Hanover Court Wolverhampton as £113,818 and the rental value as £685 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 7 Hanover Court Wolverhampton has increased by £3,112 (2.7%) and its rental value has increased by £46 per month (6.7%).
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 7, Hanover Court, Wolverhampton is in very good condition we estimate a sale value of £119,508 and rental value of £719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,850 and a rental value of £637 per month.
If you were able to purchase this property for the estimated value of £113,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £559 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 HM Land Registry, 7, Hanover Court, Wolverhampton was last sold on 09 Jul 2015 for £95,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2015, the market for similar properties has risen 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Hanover Court, Wolverhampton within a radius of 20m over the last 2 years.
The most recent example is 15, Hanover Court, Wolverhampton, WV6 8QL, a Leasehold flat which sold for £110,000 in Nov 2023.
Read more about house prices in WV6.
Hanover Court, Wolverhampton, WV6 has a total of 49 addresses. According to our analysis of all the public data, 7, Hanover Court, Wolverhampton is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in WV6.
7, Hanover Court, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Hanover Court, Wolverhampton is Bilbrook station which is 3.2 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 7, Hanover Court, Wolverhampton, 51.5% of property is privately owned outright and 23.1% 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 7, Hanover Court, Wolverhampton, 17.0% of residents are recorded as possessing school level qualifications and 37.8% 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 7, Hanover Court, 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 7, Hanover Court, Wolverhampton, 0.9% 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 7, Hanover Court, 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.