61 Springhill Lane

    61, SPRINGHILL LANE, WOLVERHAMPTON, WV4 4TN

    This detached freehold property on Springhill Lane last sold in January 2016 for £510,000. Based on price growth in the WV4 district since then, its estimated current value is £732,960 — placing it in the 91st percentile nationally and the 99th percentile within WV4. The property covers 295 m² (3,175 sq ft), giving an estimated value of £2,485 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,175 sq ft

    295 m²

    Last Sale Price

    £510,000

    Jan 2016

    Estimated Valuation

    £732,960

    Est. £/sq ft

    £231/sq ft

    £2,485/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area3,175 sq ft (295 m²)
    EPC dateJul 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jan 2016

    £510,000

    14 Nov 2002

    £250,000

    Key Metrics

    Estimated valuation£732,960
    Value per sq ft / m²£231/sq ft (£2,485/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile99th percentile
    National percentile91st percentile

    District Context — WV4

    WV4 covers central and eastern parts of Wolverhampton, including areas such as Bilston and Penn, situated in the West Midlands. The district offers a mix of residential neighbourhoods with good transport links and diverse housing stock, appealing to families and investors seeking affordable urban living.

    Average Property Price - WV4

    £257,731

    30

    National percentile

    Average Net Household Income - WV4

    £35,762

    36

    National percentile

    10-Year Annualised Price Growth - WV4

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV4

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