2 Lea Bank

    2, LEA BANK, WOLVERHAMPTON, WV3 9HN

    This flat/maisonette leasehold property on Lea Bank last sold in June 2019 for £150,000. Based on price growth in the WV3 district since then, its estimated current value is £163,656 — placing it in the 15th percentile nationally and the 24th percentile within WV3. The property covers 66 m² (710 sq ft), giving an estimated value of £2,480 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £150,000

    Jun 2019

    Estimated Valuation

    £163,656

    Est. £/sq ft

    £230/sq ft

    £2,480/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateSept 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2019

    £150,000

    9 Mar 2018

    £150,000

    2 Feb 2007

    £118,000

    Key Metrics

    Estimated valuation£163,656
    Value per sq ft / m²£230/sq ft (£2,480/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV3 district percentile24th percentile
    National percentile15th 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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