According to the public record, Flat 1, 4, Newbridge Avenue, Wolverhampton is a period apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 4, Newbridge Avenue, Wolverhampton, WV6.
Newbridge Avenue, Wolverhampton, WV6 is located in the borough of City of Wolverhampton within the WV6 postal district.
Flat 1, 4, Newbridge Avenue, Wolverhampton has no records in the Land Registry database and a single entry in the EPC database dated July 2020.
We combine this information with public data 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 Flat 1 4 Newbridge Avenue Wolverhampton as £155,700 and the rental value as £768 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1 4 Newbridge Avenue Wolverhampton has increased by £1,455 (0.9%) and its rental value has increased by £38 per month (4.9%).
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 Flat 1, 4, Newbridge Avenue, Wolverhampton is in very good condition we estimate a sale value of £163,485 and rental value of £806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,801 and a rental value of £714 per month.
If you were able to purchase this property for the estimated value of £155,700, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £765 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 1, 4, Newbridge Avenue, Wolverhampton within a radius of 640 metres over the last 2 years.
The most recent example is 4B, Paget Road, Wolverhampton, WV6 0DX, a Leasehold flat which sold for £150,000 in Jan 2021.
Read more about house prices in WV6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newbridge Avenue, Wolverhampton, WV6 has a total of 20 addresses. According to our analysis of all the public data, Flat 1, 4, Newbridge Avenue, Wolverhampton is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in WV6.
Flat 1, 4, Newbridge Avenue, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jul 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 1, 4, Newbridge Avenue, Wolverhampton is Wolverhampton station which is 2.7 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 Flat 1, 4, Newbridge Avenue, Wolverhampton, 39.2% of property is privately owned with a mortgage and 28.9% 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 Flat 1, 4, Newbridge Avenue, Wolverhampton, 16.0% of residents are recorded as possessing school level qualifications and 36.0% 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 Flat 1, 4, Newbridge Avenue, Wolverhampton, the average age was 38.8 and the most common age was 27.
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 Flat 1, 4, Newbridge Avenue, Wolverhampton, 0.5% 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 Flat 1, 4, Newbridge Avenue, Wolverhampton, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.