5 Forge Road

    5, FORGE ROAD, WOLVERHAMPTON, WV2 2FE

    This semi-detached freehold property on Forge Road last sold in November 2023 for £250,000. Based on price growth in the WV2 district since then, its estimated current value is £281,940 — placing it in the 45th percentile nationally and the 88th percentile within WV2. The property covers 81 m² (872 sq ft), giving an estimated value of £3,481 per m². The EPC rating is B, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £250,000

    Nov 2023

    Estimated Valuation

    £281,940

    Est. £/sq ft

    £323/sq ft

    £3,481/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateNov 2021
    WallsAverage thermal transmittance 0.23 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2023

    £250,000

    10 Dec 2021

    New build

    £199,995

    Key Metrics

    Estimated valuation£281,940
    Value per sq ft / m²£323/sq ft (£3,481/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV2 district percentile88th percentile
    National percentile45th 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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