According to the public record, Flat 4, Emerald Lodge 15, Wolverhampton is a period apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Emerald Lodge, Crawford Road, Wolverhampton, WV3.
Crawford Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
Flat 4, Emerald Lodge 15, Wolverhampton has no records in the Land Registry database and a single entry in the EPC database dated July 2022.
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 4 Emerald Lodge 15 Wolverhampton as £68,814 and the rental value as £436 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 4 Emerald Lodge 15 Wolverhampton has decreased by £68 (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 4, Emerald Lodge 15, Wolverhampton is in very good condition we estimate a sale value of £72,255 and rental value of £458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,997 and a rental value of £406 per month.
If you were able to purchase this property for the estimated value of £68,814, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £338 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 1 sale of a property similar to Flat 4, Emerald Lodge 15, Wolverhampton within a radius of 430 metres over the last 2 years.
The most recent example is 4, Ash Street, Wolverhampton, WV3 0DD, a Leasehold flat which sold for £61,000 in Nov 2013.
Read more about house prices in WV3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crawford Road, Wolverhampton, WV3 has a total of 81 addresses. According to our analysis of all the public data, Flat 4, Emerald Lodge 15, Wolverhampton is the 78th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in WV3.
Flat 4, Emerald Lodge 15, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to Flat 4, Emerald Lodge 15, Wolverhampton is Wolverhampton station which is 1.8 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 4, Emerald Lodge 15, Wolverhampton, 67.4% of property is privately rented and 19.0% 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 4, Emerald Lodge 15, Wolverhampton, 17.5% of residents are recorded as possessing school level qualifications and 23.4% 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 4, Emerald Lodge 15, 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 4, Emerald Lodge 15, 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 4, Emerald Lodge 15, Wolverhampton, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.