40 Mills Road

    40, MILLS ROAD, WOLVERHAMPTON, WV2 1HX

    This semi-detached freehold property on Mills Road last sold in September 2017 for £85,000. Based on price growth in the WV2 district since then, its estimated current value is £144,257 — placing it in the 11th percentile nationally and the 28th percentile within WV2. The property covers 64 m² (689 sq ft), giving an estimated value of £2,254 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £85,000

    Sept 2017

    Estimated Valuation

    £144,257

    Est. £/sq ft

    £209/sq ft

    £2,254/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateJun 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2017

    £85,000

    Key Metrics

    Estimated valuation£144,257
    Value per sq ft / m²£209/sq ft (£2,254/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV2 district percentile28th percentile
    National percentile11th 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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