56 Bright Street

    56, BRIGHT STREET, WOLVERHAMPTON, WOLVERHAMPTON, WV1 4AT

    This terraced freehold property on Bright Street last sold in March 2002 for £41,000. Based on price growth in the WV1 district since then, its estimated current value is £96,630 — placing it in the 3rd percentile nationally and the 11th percentile within WV1. The property covers 92 m² (990 sq ft), giving an estimated value of £1,050 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £41,000

    Mar 2002

    Estimated Valuation

    £96,630

    Est. £/sq ft

    £98/sq ft

    £1,050/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateApr 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Mar 2002

    £41,000

    Key Metrics

    Estimated valuation£96,630
    Value per sq ft / m²£98/sq ft (£1,050/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV1 district percentile11th percentile
    National percentile3rd 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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