According to the public record, Flat 2, 34, Finchfield Road West, Wolverhampton is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 34, Finchfield Road West, Wolverhampton, WV3.
Finchfield Road West, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
Flat 2, 34, Finchfield Road West, Wolverhampton has a single entry in the Land Registry database from January 2015 and a single entry in the EPC database dated November 2020.
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 Flat 2 34 Finchfield Road West Wolverhampton as £113,020 and the rental value as £591 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 2 34 Finchfield Road West Wolverhampton has increased by £1,627 (1.4%) and its rental value has increased by £33 per month (5.6%).
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 2, 34, Finchfield Road West, Wolverhampton is in very good condition we estimate a sale value of £118,671 and rental value of £621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,109 and a rental value of £550 per month.
If you were able to purchase this property for the estimated value of £113,020, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £555 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, Flat 2, 34, Finchfield Road West, Wolverhampton was last sold on 13 Jan 2015 for £75,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2015, the market for similar properties has risen 37.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 34, Finchfield Road West, Wolverhampton within a radius of 600 metres over the last 2 years.
The most recent example is 22, White Oak Drive, Wolverhampton, WV3 9AW, a Leasehold flat which sold for £88,000 in Apr 2022.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Finchfield Road West, Wolverhampton, WV3 has a total of 88 addresses. According to our analysis of all the public data, Flat 2, 34, Finchfield Road West, Wolverhampton is the 82nd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in WV3.
Flat 2, 34, Finchfield Road West, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 2, 34, Finchfield Road West, Wolverhampton is Wolverhampton station which is 3.6 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 2, 34, Finchfield Road West, Wolverhampton, 44.2% of property is privately owned outright and 31.8% 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 Flat 2, 34, Finchfield Road West, Wolverhampton, 19.8% of residents are recorded as possessing school level qualifications and 32.4% 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 2, 34, Finchfield Road West, 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 2, 34, Finchfield Road West, 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 Flat 2, 34, Finchfield Road West, 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.