According to the public record, Apartment 21, Castlecroft House, Wolverhampton is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Castlecroft House, Castlecroft Road, Wolverhampton, WV3.
Castlecroft Road, Wolverhampton, WV3 is located in the borough of South Staffordshire within the WV3 postal district.
Apartment 21, Castlecroft House, Wolverhampton has 21 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated February 2022.
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 Apartment 21 Castlecroft House Wolverhampton as £163,125 and the rental value as £780 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Apartment 21 Castlecroft House Wolverhampton has increased by £2,194 (1.3%) and its rental value has increased by £42 per month (5.4%).
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 Apartment 21, Castlecroft House, Wolverhampton is in very good condition we estimate a sale value of £171,281 and rental value of £819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,706 and a rental value of £726 per month.
If you were able to purchase this property for the estimated value of £163,125, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £802 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, Apartment 21, Castlecroft House, Wolverhampton was last sold on 22 Jul 2022 for £168,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 21, Castlecroft House, Wolverhampton within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Apartment 38, Castlecroft House, Castlecroft Road, Wolverhampton, WV3 8NA, a Leasehold flat which sold for £128,500 in Dec 2021.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlecroft Road, Wolverhampton, WV3 has a total of 294 addresses. According to our analysis of all the public data, Apartment 21, Castlecroft House, Wolverhampton is the 253rd largest and the 238th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in WV3.
Apartment 21, Castlecroft House, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2022.
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 Apartment 21, Castlecroft House, Wolverhampton is Wolverhampton station which is 5.0 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 Apartment 21, Castlecroft House, Wolverhampton, 41.5% of property is privately owned outright and 32.2% 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 Apartment 21, Castlecroft House, Wolverhampton, 10.8% of residents are recorded as possessing school level qualifications and 36.4% 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 Apartment 21, Castlecroft House, Wolverhampton, the average age was 47.2 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 Apartment 21, Castlecroft House, Wolverhampton, 0.4% 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 Apartment 21, Castlecroft House, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.