38 Ridge Lane

    38, RIDGE LANE, WEDNESFIELD, WOLVERHAMPTON, WV11 3TX

    This semi-detached freehold property on Ridge Lane last sold in August 2017 for £143,000. Based on price growth in the WV11 district since then, its estimated current value is £228,029 — placing it in the 32nd percentile nationally and the 52nd percentile within WV11. The property covers 72 m² (775 sq ft), giving an estimated value of £3,167 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £143,000

    Aug 2017

    Estimated Valuation

    £228,029

    Est. £/sq ft

    £294/sq ft

    £3,167/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateJun 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Aug 2017

    £143,000

    7 Mar 2008

    £124,000

    Key Metrics

    Estimated valuation£228,029
    Value per sq ft / m²£294/sq ft (£3,167/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV11 district percentile52nd percentile
    National percentile32nd 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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