38b Broad Lane South

    38B, BROAD LANE SOUTH, WOLVERHAMPTON, WV11 3RY

    This detached freehold property on Broad Lane South last sold in February 2021 for £490,000. Based on price growth in the WV11 district since then, its estimated current value is £582,280 — placing it in the 85th percentile nationally and the 99th percentile within WV11. The property covers 149 m² (1,604 sq ft), giving an estimated value of £3,908 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,604 sq ft

    149 m²

    Last Sale Price

    £490,000

    Feb 2021

    Estimated Valuation

    £582,280

    Est. £/sq ft

    £363/sq ft

    £3,908/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,604 sq ft (149 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Feb 2021

    £490,000

    Key Metrics

    Estimated valuation£582,280
    Value per sq ft / m²£363/sq ft (£3,908/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV11 district percentile99th percentile
    National percentile85th 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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