Bromley House, 41 Ormes Lane

    BROMLEY HOUSE, 41, ORMES LANE, WOLVERHAMPTON, WV6 8LL

    This detached freehold property on Ormes Lane last sold in May 2017 for £1,420,000. Based on price growth in the WV6 district since then, its estimated current value is £1,942,359 — placing it in the 99th percentile nationally and the 100th percentile within WV6. The property covers 507 m² (5,457 sq ft), giving an estimated value of £3,831 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    5,457 sq ft

    507 m²

    Last Sale Price

    £1,420,000

    May 2017

    Estimated Valuation

    £1,942,359

    Est. £/sq ft

    £356/sq ft

    £3,831/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms12
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area5,457 sq ft (507 m²)
    EPC dateFeb 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2017

    £1,420,000

    Key Metrics

    Estimated valuation£1,942,359
    Value per sq ft / m²£356/sq ft (£3,831/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile100th percentile
    National percentile99th percentile

    District Context — WV6

    WV6 covers parts of Wolverhampton and surrounding areas in the West Midlands, positioned in the central belt of the region. It is a mixed residential neighbourhood with a diverse community and moderate housing demand.

    Average Property Price - WV6

    £308,353

    44

    National percentile

    Average Net Household Income - WV6

    £28,768

    6

    National percentile

    10-Year Annualised Price Growth - WV6

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV6

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