2 Redwood Way

    2, REDWOOD WAY, WILLENHALL, WV12 5YL

    This flat/maisonette leasehold property on Redwood Way last sold in January 2022 for £95,000. Based on price growth in the WV12 district since then, its estimated current value is £108,460 — placing it in the 5th percentile nationally and the 5th percentile within WV12. The property covers 40 m² (431 sq ft), giving an estimated value of £2,712 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £95,000

    Jan 2022

    Estimated Valuation

    £108,460

    Est. £/sq ft

    £252/sq ft

    £2,712/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateNov 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2022

    £95,000

    10 Jun 1997

    £34,250

    Key Metrics

    Estimated valuation£108,460
    Value per sq ft / m²£252/sq ft (£2,712/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV12 district percentile5th percentile
    National percentile5th percentile

    District Context — WV12

    WV12 covers Wolverhampton and surrounding areas in the West Midlands, positioned within the broader urban conurbation. It is a mixed residential area with moderate property values and a diverse demographic profile.

    Average Property Price - WV12

    £219,935

    18

    National percentile

    Average Net Household Income - WV12

    £33,215

    21

    National percentile

    10-Year Annualised Price Growth - WV12

    4.5%

    81

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV12

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