114 Essington Way

    114, ESSINGTON WAY, EASTFIELD, WOLVERHAMPTON, WV1 2NP

    This flat/maisonette leasehold property on Essington Way last sold in July 2017 for £72,000. Based on price growth in the WV1 district since then, its estimated current value is £104,567 — placing it in the 4th percentile nationally and the 15th percentile within WV1. The property covers 56 m² (603 sq ft), giving an estimated value of £1,867 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £72,000

    Jul 2017

    Estimated Valuation

    £104,567

    Est. £/sq ft

    £173/sq ft

    £1,867/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    31 Jul 2017

    £72,000

    27 Feb 2004

    New build

    £95,950

    Key Metrics

    Estimated valuation£104,567
    Value per sq ft / m²£173/sq ft (£1,867/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV1 district percentile15th percentile
    National percentile4th 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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