According to the public record, Flat 29, Malcolm Court, Wolverhampton is a mid-century leasehold apartment with 503 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Malcolm Court, Lower Vauxhall, Wolverhampton, WV1.
Lower Vauxhall, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
Flat 29, Malcolm Court, Wolverhampton has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated February 2012.
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 29 Malcolm Court Wolverhampton as £65,376 and the rental value as £457 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of Flat 29 Malcolm Court Wolverhampton has decreased by £48 (0.1%) and its rental value has increased by £19 per month (4.2%).
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 Flat 29, Malcolm Court, Wolverhampton is in very good condition we estimate a sale value of £68,644 and rental value of £480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £60,799 and a rental value of £425 per month.
If you were able to purchase this property for the estimated value of £65,376, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £321 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 29, Malcolm Court, Wolverhampton was last sold on 07 Mar 2014 for £47,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 47.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Malcolm Court, Wolverhampton within a radius of 470 metres over the last 2 years.
The most recent example is Flat 27, Malcolm Court, Lower Vauxhall, Wolverhampton, WV1 4SS, a Leasehold flat which sold for £40,000 in May 2023.
Read more about house prices in WV1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Vauxhall, Wolverhampton, WV1 has a total of 60 addresses. According to our analysis of all the public data, Flat 29, Malcolm Court, Wolverhampton is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in WV1.
Flat 29, Malcolm Court, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 29, Malcolm Court, Wolverhampton is Wolverhampton station which is 1.7 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 29, Malcolm Court, Wolverhampton, 38.4% of property is privately rented and 27.4% is socially 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 29, Malcolm Court, Wolverhampton, 11.1% of residents are recorded as possessing school level qualifications and 23.5% 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 29, Malcolm Court, 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 29, Malcolm Court, Wolverhampton, 0.3% 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 29, Malcolm Court, Wolverhampton, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.