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Property details for 1, Riches House, Riches Street, Wolverhampton WV6 0DY

Flat, Leasehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £108,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £108,000
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  • Value change
    150 (0.1%) 1,750 (-1.6%) 50 (0.0%) 10,050 (10.3%) 9,650 (9.8%) 17,250 (19.0%) 17,500 (19.3%)  
    from 
  • Rental value
    £450 pcm
  • Confidence level
    94
  • Value range
    £103,000 - £113,000
  • Rental range
    £450 - £500 pcm

Monthly running costs Beta

£466 Monthly total
Remortgage
Property value
Loan amount (60%) 64,800
Repayment term 25
Interest rate 0.5
Your payment £229 /mo Find remortgage deals In partnership with uSwitch
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £14/mo (£166/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £32 Electricity £43 Estimated energy cost £75/mo (£907/yr)

Reduce your energy costs by up to £218/year

  • You could save £218/yr
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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7900 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Wolverhampton

Estimated tax band B Council tax cost £119 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £13 Estimated water cost £29 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £90,500 | Sale date: 6th Jan 2012 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £149,000 | Sale date: 31st Oct 2005 New build

This 2 bed leasehold flat is located at Riches House, Riches Street, Wolverhampton WV6 0DY and has an estimated current value of £108,000. Riches Street has 131 houses and flats on it with a average current value of £141,102, compared to an average property value of £221,422 for WV6. There have been 7 property sales on Riches Street, WV6 over the last 5 years with an average house price paid of £119,285 and this flat was last sold on 6th Jan 2012 for £90,500. There are currently 211 houses and flats for sale in WV6 with an average asking price of £205,028 and 113 homes to rent in WV6 with an average asking rent of £123 pw.

Owner info

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Market activity
Average price paid £210,157 Sales 498 Current average value £221,422 (Zoopla Zed-Index) Value change £388 ▲ 0.18%

Property value data/graphs for WV6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £342,553 £233 3.8 £315,188
Semi-detached £165,324 £182 3.0 £159,859
Terraced £132,406 £171 2.7 £137,740
Flats £124,650 £194 1.9 £129,326

Current asking prices in WV6

Average: £205,028
Avg. current asking prices in WV6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £87,667
(3)
£136,925
(28)
£171,638
(81)
£281,358
(40)
£483,421
(14)
Flats £70,397
(16)
£144,700
(24)
£175,000
(2)
- -
All £73,124
(19)
£140,513
(52)
£171,719
(83)
£281,358
(40)
£483,421
(14)

Current asking rents in WV6

Average: £533 pcm
Avg. current asking prices in WV6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £373 pcm
(13)
£541 pcm
(13)
£704 pcm
(20)
£573 pcm
(4)
£1,499 pcm
(1)
Flats £407 pcm
(34)
£583 pcm
(23)
- - -
All £398 pcm
(47)
£568 pcm
(36)
£704 pcm
(20)
£573 pcm
(4)
£1,499 pcm
(1)

Fun facts for WV6

Highest value in WV6
Highest value streets Zed-Index
Pattingham Road £753,372
Tinacre Hill £750,556
Great Moor Road £727,159
Perton Road £639,052
Wightwick Bank £626,310
Highest turnover in WV6
Highest turnover streets Turnover
Cheriton Grove 47.6%
Wrekin Drive 45.5%
Turner Grove 42.1%
Corfton Drive 41.7%
Cocton Close 40.0%

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Local info for Wolverhampton

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