5 Malvern Drive

    5, MALVERN DRIVE, WOLVERHAMPTON, WV1 2DX

    This terraced freehold property on Malvern Drive last sold in February 2017 for £110,000. Based on price growth in the WV1 district since then, its estimated current value is £164,066 — placing it in the 16th percentile nationally and the 50th percentile within WV1. The property covers 79 m² (850 sq ft), giving an estimated value of £2,077 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £110,000

    Feb 2017

    Estimated Valuation

    £164,066

    Est. £/sq ft

    £193/sq ft

    £2,077/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area850 sq ft (79 m²)
    EPC dateAug 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2017

    £110,000

    15 Aug 2003

    £64,000

    24 Jul 1998

    £39,950

    Key Metrics

    Estimated valuation£164,066
    Value per sq ft / m²£193/sq ft (£2,077/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV1 district percentile50th percentile
    National percentile16th percentile

    District Context — WV1

    WV1 covers Wolverhampton city centre and its immediately surrounding neighbourhoods in the West Midlands. It is a densely populated urban area with a diverse, younger demographic and a high proportion of rental housing.

    Average Property Price - WV1

    £179,949

    7

    National percentile

    Average Net Household Income - WV1

    £30,667

    10

    National percentile

    10-Year Annualised Price Growth - WV1

    7.0%

    99

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV1

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