According to the public record, 38A, Ashenden Rise, Wolverhampton is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Ashenden Rise, Wolverhampton, WV3.
Ashenden Rise, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
38A, Ashenden Rise, Wolverhampton has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated May 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 38A Ashenden Rise Wolverhampton as £95,027 and the rental value as £594 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 38A Ashenden Rise Wolverhampton has increased by £1,129 (1.2%) and its rental value has increased by £31 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 38A, Ashenden Rise, Wolverhampton is in very good condition we estimate a sale value of £99,779 and rental value of £624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,375 and a rental value of £553 per month.
If you were able to purchase this property for the estimated value of £95,027, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £467 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, 38A, Ashenden Rise, Wolverhampton was last sold on 19 Dec 2019 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38A, Ashenden Rise, Wolverhampton within a radius of 960 metres over the last 2 years.
The most recent example is 84A, Windmill Crescent, Wolverhampton, WV3 8HT, a Leasehold flat which sold for £92,000 in Dec 2022.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ashenden Rise, Wolverhampton, WV3 has a total of 45 addresses. According to our analysis of all the public data, 38A, Ashenden Rise, Wolverhampton is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in WV3.
38A, Ashenden Rise, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 38A, Ashenden Rise, 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 38A, Ashenden Rise, Wolverhampton, 38.9% of property is privately owned outright and 34.0% 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 38A, Ashenden Rise, Wolverhampton, 17.1% of residents are recorded as possessing school level qualifications and 34.9% 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 38A, Ashenden Rise, 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 38A, Ashenden Rise, 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 38A, Ashenden Rise, Wolverhampton, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.