5 Elder Avenue

    5, ELDER AVENUE, ESSINGTON, WOLVERHAMPTON, WV11 2SG

    This detached leasehold property on Elder Avenue last sold in August 2024 for £175,000. Based on price growth in the WV11 district since then, its estimated current value is £201,037 — placing it in the 25th percentile nationally and the 36th percentile within WV11. The property covers 103 m² (1,109 sq ft), giving an estimated value of £1,952 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £175,000

    Aug 2024

    Estimated Valuation

    £201,037

    Est. £/sq ft

    £181/sq ft

    £1,952/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,109 sq ft (103 m²)
    EPC dateMay 2022
    WallsAverage thermal transmittance 0.25 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2024

    £175,000

    Key Metrics

    Estimated valuation£201,037
    Value per sq ft / m²£181/sq ft (£1,952/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV11 district percentile36th percentile
    National percentile25th 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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