16 Redhouse Road

    16, REDHOUSE ROAD, WOLVERHAMPTON, WV6 8ST

    This detached freehold property on Redhouse Road last sold in August 2014 for £493,000. Based on price growth in the WV6 district since then, its estimated current value is £793,100 — placing it in the 93rd percentile nationally and the 97th percentile within WV6. The property covers 235 m² (2,530 sq ft), giving an estimated value of £3,375 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,530 sq ft

    235 m²

    Last Sale Price

    £493,000

    Aug 2014

    Estimated Valuation

    £793,100

    Est. £/sq ft

    £314/sq ft

    £3,375/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageC
    Habitable rooms11
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,530 sq ft (235 m²)
    EPC dateFeb 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2014

    £493,000

    7 Sept 2001

    £217,000

    21 Jul 2000

    £175,000

    Key Metrics

    Estimated valuation£793,100
    Value per sq ft / m²£314/sq ft (£3,375/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile97th percentile
    National percentile93rd 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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