140 Ridge Lane

    140, RIDGE LANE, WEDNESFIELD, WOLVERHAMPTON, WV11 3TU

    This flat/maisonette leasehold property on Ridge Lane last sold in June 2023 for £93,500. Based on price growth in the WV11 district since then, its estimated current value is £113,119 — placing it in the 6th percentile nationally and the 8th percentile within WV11. The property covers 51 m² (549 sq ft), giving an estimated value of £2,218 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £93,500

    Jun 2023

    Estimated Valuation

    £113,119

    Est. £/sq ft

    £206/sq ft

    £2,218/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateJun 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2023

    £93,500

    28 Jun 2002

    £44,950

    6 Dec 1999

    £25,500

    Key Metrics

    Estimated valuation£113,119
    Value per sq ft / m²£206/sq ft (£2,218/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV11 district percentile8th percentile
    National percentile6th 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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