According to the public record, 2A, Redhouse Road, Wolverhampton is a mid-century freehold house and with 1,322 ft2 of internal area and sits on a 364 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Redhouse Road, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
2A, Redhouse Road, Wolverhampton has 31 entries in the Land Registry database, most recently in July 2019 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 2A Redhouse Road Wolverhampton as £466,239 and the rental value as £1,598 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 2A Redhouse Road Wolverhampton has decreased by £2,705 (0.6%) and its rental value has increased by £52 per month (3.3%).
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 2A, Redhouse Road, Wolverhampton is in very good condition we estimate a sale value of £489,551 and rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,602 and a rental value of £1,486 per month.
If you were able to purchase this property for the estimated value of £466,239, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,291 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, 2A, Redhouse Road, Wolverhampton sits on a plot of 364m2.
We have plot size data on 10 out of 24 other houses in the postcode and 2A, Redhouse Road, Wolverhampton sits on the 9th largest plot.
According to HM Land Registry, 2A, Redhouse Road, Wolverhampton was last sold on 03 Jul 2019 for £275,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2019, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Redhouse Road, Wolverhampton within a radius of 200m over the last 2 years.
The most recent example is 20, Wrottesley Road, Wolverhampton, WV6 8SF, a Freehold house which sold for £415,000 in Nov 2022.
Read more about house prices in WV6.
Redhouse Road, Wolverhampton, WV6 has a total of 71 addresses. According to our analysis of all the public data, 2A, Redhouse Road, Wolverhampton is the 33rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £198k more expensive than the average property in WV6.
2A, Redhouse Road, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2010.
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 2A, Redhouse Road, Wolverhampton is Bilbrook station which is 2.7 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 2A, Redhouse Road, Wolverhampton, 60.9% of property is privately owned outright and 30.5% 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 2A, Redhouse Road, Wolverhampton, 11.2% of residents are recorded as possessing school level qualifications and 46.3% 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 2A, Redhouse Road, 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 2A, Redhouse Road, Wolverhampton, 0.7% 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 2A, Redhouse 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.