78 Tramway Drive

    78, TRAMWAY DRIVE, WOLVERHAMPTON, WV2 1BF

    This terraced leasehold property on Tramway Drive last sold in January 2022 for £123,750. Based on price growth in the WV2 district since then, its estimated current value is £139,150 — placing it in the 10th percentile nationally and the 24th percentile within WV2. The property covers 78 m² (840 sq ft), giving an estimated value of £1,784 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £123,750

    Jan 2022

    Estimated Valuation

    £139,150

    Est. £/sq ft

    £166/sq ft

    £1,784/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area840 sq ft (78 m²)
    EPC dateJun 2021
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2022

    New build

    £123,750

    Key Metrics

    Estimated valuation£139,150
    Value per sq ft / m²£166/sq ft (£1,784/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV2 district percentile24th percentile
    National percentile10th percentile

    District Context — WV2

    WV2 covers central and eastern Wolverhampton, a major urban area in the Black Country. It is a densely populated, working-class neighbourhood with strong community ties and relatively affordable housing.

    Average Property Price - WV2

    £194,281

    10

    National percentile

    Average Net Household Income - WV2

    £33,160

    20

    National percentile

    10-Year Annualised Price Growth - WV2

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV2

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