106 Okement Drive

    106, OKEMENT DRIVE, WEDNESFIELD, WOLVERHAMPTON, WV11 1UZ

    This flat/maisonette leasehold property on Okement Drive last sold in July 2019 for £51,000. Based on price growth in the WV11 district since then, its estimated current value is £65,905 — placing it in the 1st percentile nationally and the 2nd percentile within WV11. The property covers 73 m² (786 sq ft), giving an estimated value of £903 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £51,000

    Jul 2019

    Estimated Valuation

    £65,905

    Est. £/sq ft

    £84/sq ft

    £903/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateJul 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Jul 2019

    £51,000

    10 Jan 2003

    £34,995

    Key Metrics

    Estimated valuation£65,905
    Value per sq ft / m²£84/sq ft (£903/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV11 district percentile2nd percentile
    National percentile1st percentile

    District Context — WV11

    WV11 covers Wolverhampton and surrounding areas in the West Midlands, sitting to the north of the city centre. It is a traditionally working-class neighbourhood with strong community ties and steadily improving local amenities.

    Average Property Price - WV11

    £242,708

    25

    National percentile

    Average Net Household Income - WV11

    £33,682

    23

    National percentile

    10-Year Annualised Price Growth - WV11

    5.6%

    95

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV11

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