According to the public record, 8, Martham Drive, Wolverhampton is a mid-century freehold house with 925 ft2 of internal area and sits on a 368 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Martham Drive, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
8, Martham Drive, Wolverhampton has 21 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated August 2019.
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 Martham Drive Wolverhampton as £271,137 and the rental value as £1,211 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Martham Drive Wolverhampton has increased by £7,351 (2.7%) and its rental value has increased by £81 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 8, Martham Drive, Wolverhampton is in very good condition we estimate a sale value of £284,694 and rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,158 and a rental value of £1,126 per month.
If you were able to purchase this property for the estimated value of £271,137, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,333 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, 8, Martham Drive, Wolverhampton sits on a plot of 368m2.
We have plot size data on 22 out of 32 other houses in the postcode and 8, Martham Drive, Wolverhampton sits on the 6th largest plot.
According to HM Land Registry, 8, Martham Drive, Wolverhampton was last sold on 28 Feb 2020 for £226,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2020, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Martham Drive, Wolverhampton within a radius of 690 metres over the last 2 years.
The most recent example is 9, Martham Drive, Wolverhampton, WV6 8AL, a Freehold house which sold for £295,000 in Feb 2024.
Read more about house prices in WV6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martham Drive, Wolverhampton, WV6 has a total of 35 addresses. According to our analysis of all the public data, 8, Martham Drive, Wolverhampton is the 3rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in WV6.
8, Martham Drive, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2019.
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, Martham Drive, Wolverhampton is Wolverhampton station which is 4.0 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, Martham Drive, Wolverhampton, 63.1% of property is privately owned outright and 26.2% 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 8, Martham Drive, Wolverhampton, 16.7% of residents are recorded as possessing school level qualifications and 38.3% 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, Martham Drive, 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 8, Martham Drive, Wolverhampton, 1.4% 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, Martham Drive, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.