3 Lea Bank

    3, LEA BANK, WOLVERHAMPTON, WV3 9HN

    This flat/maisonette leasehold property on Lea Bank last sold in February 2024 for £130,000. Based on price growth in the WV3 district since then, its estimated current value is £124,656 — placing it in the 8th percentile nationally and the 14th percentile within WV3. The property covers 64 m² (689 sq ft), giving an estimated value of £1,948 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £130,000

    Feb 2024

    Estimated Valuation

    £124,656

    Est. £/sq ft

    £181/sq ft

    £1,948/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 area689 sq ft (64 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    1 Feb 2024

    £130,000

    Key Metrics

    Estimated valuation£124,656
    Value per sq ft / m²£181/sq ft (£1,948/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV3 district percentile14th percentile
    National percentile8th 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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