38 Furnace Drive

    38, FURNACE DRIVE, WOLVERHAMPTON, WV2 2FF

    This detached freehold property on Furnace Drive last sold in September 2020 for £205,000. Based on price growth in the WV2 district since then, its estimated current value is £259,469 — placing it in the 40th percentile nationally and the 83rd percentile within WV2. The property covers 85 m² (915 sq ft), giving an estimated value of £3,053 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £205,000

    Sept 2020

    Estimated Valuation

    £259,469

    Est. £/sq ft

    £284/sq ft

    £3,053/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateAug 2020
    WallsAverage thermal transmittance 0.23 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Sept 2020

    New build

    £205,000

    Key Metrics

    Estimated valuation£259,469
    Value per sq ft / m²£284/sq ft (£3,053/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV2 district percentile83rd percentile
    National percentile40th 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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