2 Wrights Bank School Lane

    2 WRIGHTS BANK, SCHOOL LANE, COVEN, WOLVERHAMPTON, WV9 5AN

    This detached freehold property on School Lane last sold in February 2011 for £175,000. Based on price growth in the WV9 district since then, its estimated current value is £292,480 — placing it in the 48th percentile nationally and the 70th percentile within WV9. The property covers 54 m² (581 sq ft), giving an estimated value of £5,416 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £175,000

    Feb 2011

    Estimated Valuation

    £292,480

    Est. £/sq ft

    £503/sq ft

    £5,416/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateApr 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2011

    £175,000

    Key Metrics

    Estimated valuation£292,480
    Value per sq ft / m²£503/sq ft (£5,416/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV9 district percentile70th percentile
    National percentile48th percentile

    District Context — WV9

    WV9 covers Wolverhampton's outer areas and sits in the central West Midlands. It is a mixed residential district with strong affordability and a significant social housing presence.

    Average Property Price - WV9

    £250,261

    28

    National percentile

    Average Net Household Income - WV9

    £34,224

    27

    National percentile

    10-Year Annualised Price Growth - WV9

    4.3%

    76

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV9

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