76 Ridge Lane

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

    This flat/maisonette leasehold property on Ridge Lane last sold in March 2019 for £72,000. Based on price growth in the WV11 district since then, its estimated current value is £93,043 — placing it in the 3rd percentile nationally and the 5th percentile within WV11. The property covers 52 m² (560 sq ft), giving an estimated value of £1,789 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £72,000

    Mar 2019

    Estimated Valuation

    £93,043

    Est. £/sq ft

    £166/sq ft

    £1,789/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateJul 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Mar 2019

    £72,000

    21 May 2012

    £56,000

    Key Metrics

    Estimated valuation£93,043
    Value per sq ft / m²£166/sq ft (£1,789/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV11 district percentile5th percentile
    National percentile3rd 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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