2 Oak Tree Drive

    2, OAK TREE DRIVE, ESSINGTON, WOLVERHAMPTON, WV11 2SN

    This detached freehold property on Oak Tree Drive last sold in September 2024 for £360,000. Based on price growth in the WV11 district since then, its estimated current value is £413,563 — placing it in the 69th percentile nationally and the 93rd percentile within WV11. The property covers 100 m² (1,076 sq ft), giving an estimated value of £4,136 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £360,000

    Sept 2024

    Estimated Valuation

    £413,563

    Est. £/sq ft

    £384/sq ft

    £4,136/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,076 sq ft (100 m²)
    EPC dateMay 2021
    WallsAverage thermal transmittance 0.25 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2024

    £360,000

    30 Jun 2021

    New build

    £319,995

    Key Metrics

    Estimated valuation£413,563
    Value per sq ft / m²£384/sq ft (£4,136/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV11 district percentile93rd percentile
    National percentile69th 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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