50 Mills Road

    50, MILLS ROAD, WOLVERHAMPTON, WV2 1HX

    This semi-detached freehold property on Mills Road last sold in September 2016 for £107,000. Based on price growth in the WV2 district since then, its estimated current value is £185,170 — placing it in the 21st percentile nationally and the 51st percentile within WV2. The property covers 65 m² (700 sq ft), giving an estimated value of £2,849 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £107,000

    Sept 2016

    Estimated Valuation

    £185,170

    Est. £/sq ft

    £265/sq ft

    £2,849/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateJul 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2016

    £107,000

    Key Metrics

    Estimated valuation£185,170
    Value per sq ft / m²£265/sq ft (£2,849/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV2 district percentile51st percentile
    National percentile21st 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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