According to the public record, 8, Clee Hill Drive, Wolverhampton is a mid-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Clee Hill Drive, Wolverhampton, WV3.
Clee Hill Drive, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
8, Clee Hill Drive, Wolverhampton has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated January 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 8 Clee Hill Drive Wolverhampton as £118,429 and the rental value as £618 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 8 Clee Hill Drive Wolverhampton has increased by £1,407 (1.2%) and its rental value has increased by £32 per month (5.2%).
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 8, Clee Hill Drive, Wolverhampton is in very good condition we estimate a sale value of £124,350 and rental value of £649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,139 and a rental value of £575 per month.
If you were able to purchase this property for the estimated value of £118,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £582 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, 8, Clee Hill Drive, Wolverhampton was last sold on 05 Jun 2023 for £112,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Clee Hill Drive, Wolverhampton within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 4, Clee Hill Drive, Wolverhampton, WV3 8LB, a Leasehold flat which sold for £132,000 in Dec 2022.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clee Hill Drive, Wolverhampton, WV3 has a total of 12 addresses. According to our analysis of all the public data, 8, Clee Hill Drive, Wolverhampton is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in WV3.
8, Clee Hill Drive, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 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 8, Clee Hill Drive, Wolverhampton is Bilbrook station which is 4.9 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 8, Clee Hill Drive, Wolverhampton, 38.7% of property is privately owned with a mortgage and 25.0% 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 8, Clee Hill Drive, Wolverhampton, 21.8% of residents are recorded as possessing school level qualifications and 31.1% 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 8, Clee Hill Drive, Wolverhampton, the average age was 44.4 and the most common age was 57.
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 8, Clee Hill Drive, 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 8, Clee Hill Drive, Wolverhampton, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.