55 Bright Street

    55, BRIGHT STREET, WOLVERHAMPTON, WV1 4AT

    This terraced freehold property on Bright Street last sold in October 2019 for £71,000. Based on price growth in the WV1 district since then, its estimated current value is £104,173 — placing it in the 4th percentile nationally and the 15th percentile within WV1. The property covers 84 m² (904 sq ft), giving an estimated value of £1,240 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £71,000

    Oct 2019

    Estimated Valuation

    £104,173

    Est. £/sq ft

    £115/sq ft

    £1,240/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateAug 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Oct 2019

    £71,000

    30 Nov 2006

    £60,000

    Key Metrics

    Estimated valuation£104,173
    Value per sq ft / m²£115/sq ft (£1,240/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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