8 Spruce Way

    8, SPRUCE WAY, WOLVERHAMPTON, WV3 9EZ

    This flat/maisonette leasehold property on Spruce Way last sold in May 2010 for £114,950. Based on price growth in the WV3 district since then, its estimated current value is £148,723 — placing it in the 12th percentile nationally and the 20th percentile within WV3. The property covers 65 m² (700 sq ft), giving an estimated value of £2,288 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £114,950

    May 2010

    Estimated Valuation

    £148,723

    Est. £/sq ft

    £213/sq ft

    £2,288/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area700 sq ft (65 m²)
    EPC dateApr 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 May 2010

    £114,950

    21 Mar 1996

    £41,000

    Key Metrics

    Estimated valuation£148,723
    Value per sq ft / m²£213/sq ft (£2,288/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV3 district percentile20th percentile
    National percentile12th percentile

    District Context — WV3

    WV3 covers central and eastern Wolverhampton, including neighbourhoods such as Bilston and Wednesfield. It is a long-established urban area with strong transport links and a diverse community mix.

    Average Property Price - WV3

    £256,443

    29

    National percentile

    Average Net Household Income - WV3

    £34,437

    28

    National percentile

    10-Year Annualised Price Growth - WV3

    3.2%

    37

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV3

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