According to the public record, Flat, 11A, Broad Lane, Wolverhampton is a modern apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Broad Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
Flat, 11A, Broad Lane, Wolverhampton has no records in the Land Registry database and a single entry in the EPC database dated July 2018.
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 11A Broad Lane Wolverhampton as £108,855 and the rental value as £601 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 11A Broad Lane Wolverhampton has decreased by £19 (0.0%) and its rental value has increased by £26 per month (4.3%).
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 Flat, 11A, Broad Lane, Wolverhampton is in very good condition we estimate a sale value of £114,298 and rental value of £631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,235 and a rental value of £559 per month.
If you were able to purchase this property for the estimated value of £108,855, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £535 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, 11A, Broad Lane, Wolverhampton within a radius of 570 metres over the last 2 years.
The most recent example is 1, Maple Road, Wolverhampton, WV3 7JD, a Leasehold flat which sold for £70,000 in May 2014.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Wolverhampton, WV3 has a total of 92 addresses. According to our analysis of all the public data, Flat, 11A, Broad Lane, Wolverhampton is the 44th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in WV3.
Flat, 11A, Broad Lane, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2018.
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 Flat, 11A, Broad Lane, Wolverhampton is Wolverhampton station which is 2.8 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, 11A, Broad Lane, Wolverhampton, 37.4% of property is socially rented and 30.9% is privately rented.
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, 11A, Broad Lane, Wolverhampton, 17.3% of residents are recorded as possessing school level qualifications and 25.4% 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 Flat, 11A, Broad Lane, Wolverhampton, the average age was 45.1 and the most common age was 47.
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, 11A, Broad Lane, Wolverhampton, 0.9% 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, 11A, Broad Lane, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.