40 Furnace Drive

    40, FURNACE DRIVE, WOLVERHAMPTON, WV2 2FF

    This terraced freehold property on Furnace Drive last sold in January 2021 for £175,000. Based on price growth in the WV2 district since then, its estimated current value is £221,565 — placing it in the 30th percentile nationally and the 68th percentile within WV2. The property covers 76 m² (818 sq ft), giving an estimated value of £2,915 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £175,000

    Jan 2021

    Estimated Valuation

    £221,565

    Est. £/sq ft

    £271/sq ft

    £2,915/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area818 sq ft (76 m²)
    EPC dateAug 2020
    WallsAverage thermal transmittance 0.23 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jan 2021

    New build

    £175,000

    Key Metrics

    Estimated valuation£221,565
    Value per sq ft / m²£271/sq ft (£2,915/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV2 district percentile68th percentile
    National percentile30th 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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