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

Flat, Leasehold, 2 Beds, 1 Bath, 1 Recept - Edit
Zoopla Estimate: £105,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £105,000
    Refine estimate

  • Value change
    2,750 (-2.5%) 1,050 (-1.0%) 750 (0.7%) 4,800 (4.8%) 11,400 (12.1%) 15,200 (16.9%) 11,050 (11.7%)  
    from 
  • Rental value
    £450 pcm
  • Confidence level
    95
  • Value range
    £101,000 - £110,000
  • Rental range
    £450 - £500 pcm

Monthly running costs Beta

£420 Monthly total
Remortgage
Property value
Loan amount (60%) 63,000
Repayment term 25
Interest rate 0.5
Your payment £223 /month Find remortgage deals In partnership with
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.

Energy Gas £23 Electricity £26 Estimated energy cost £49/mo Find energy deals In partnership with
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 /month
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 /month
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 £105,000. Riches Street has 132 houses and flats on it with a average current value of £138,517, compared to an average property value of £212,020 for WV6. There have been 9 property sales on Riches Street, WV6 over the last 5 years with an average house price paid of £116,500 and this flat was last sold on 6th Jan 2012 for £90,500. There are currently 229 houses and flats for sale in WV6 with an average asking price of £211,241 and 75 homes to rent in WV6 with an average asking rent of £120 pw.

Owner info

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Market activity
Average price paid £202,119 Sales 596 Current average value £212,020 (Zoopla Zed-Index) Value change £2,759 ▲ 1.32%

Property value data/graphs for WV6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £319,808 £220 3.8 £288,534
Semi-detached £165,888 £183 3.0 £158,598
Terraced £128,004 £166 2.7 £127,929
Flats £121,511 £188 1.9 £139,064

Current asking prices in WV6

Average: £211,241
Avg. current asking prices in WV6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £147,500
(2)
£128,992
(28)
£170,690
(81)
£272,908
(63)
£495,372
(16)
Flats £84,616
(12)
£131,109
(21)
- - -
All £93,600
(14)
£129,899
(49)
£170,690
(81)
£272,908
(63)
£495,372
(16)

Current asking rents in WV6

Average: £487 pcm
Avg. current asking prices in WV6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £296 pcm
(8)
£520 pcm
(10)
£602 pcm
(17)
£769 pcm
(4)
-
Flats £374 pcm
(13)
£485 pcm
(8)
- - -
All £345 pcm
(21)
£504 pcm
(18)
£602 pcm
(17)
£769 pcm
(4)
-

Fun facts for WV6

Highest value in WV6
Highest value streets Zed-Index
Pattingham Road £715,878
Tinacre Hill £697,816
Great Moor Road £636,888
Perton Road £597,880
Wightwick Bank £589,717
Highest turnover in WV6
Highest turnover streets Turnover
Cheriton Grove 47.6%
Corfton Drive 40.0%
Tettenhall Road 40.0%
Cocton Close 40.0%
Midhurst Grove 38.9%

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Local info for Wolverhampton

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