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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: £117,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £117,000
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  • Value change
    4,100 (3.6%) 6,900 (6.3%) 6,800 (6.2%) 17,350 (17.4%) 18,300 (18.6%) 26,550 (29.4%) 23,650 (25.4%)  
    from 
  • Rental value
    £500 pcm
  • Confidence level
    94
  • Value range
    £112,000 - £122,000
  • Rental range
    £450 - £550 pcm

Monthly running costs Beta

£478 Monthly total
Remortgage
Property value
Loan amount (60%) 70,200
Repayment term 25
Interest rate 0.5
Your payment £248 /mo 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.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £14/mo (£166/yr)
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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 £36 Estimated energy cost £68/mo (£821/yr)

Reduce your energy costs by up to £167/year

  • You could save £167/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 £117,000. Riches Street has 132 houses and flats on it with a average current value of £154,084, compared to an average property value of £238,674 for WV6. There have been 8 property sales on Riches Street, WV6 over the last 5 years with an average house price paid of £115,687 and this flat was last sold on 6th Jan 2012 for £90,500. There are currently 212 houses and flats for sale in WV6 with an average asking price of £204,026 and 80 homes to rent in WV6 with an average asking rent of £134 pw.

Owner info

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Market activity
Average price paid £206,371 Sales 535 Current average value £238,674 (Zoopla Zed-Index) Value change £12,263 ▲ 5.42%

What is the current average value of properties in WV6?

The current average value in WV6 in December 2016 is £238,674. This has increased 3.16% from September 2016. Terraced properties sold for a current average value of £144,985 and semi-detached properties valued £182,962. In the past year property prices in WV6 have increased 5.42%. This is according to the current Zoopla estimates.

Property value data/graphs for WV6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £364,166 £247 3.8 £301,607
Semi-detached £182,962 £202 3.0 £162,838
Terraced £144,985 £191 2.7 £137,975
Flats £134,354 £208 1.9 £123,779

Current asking prices in WV6

Average: £208,483
Avg. current asking prices in WV6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £134,667
(3)
£119,455
(27)
£171,211
(76)
£270,108
(51)
£477,479
(14)
Flats £84,484
(13)
£141,378
(18)
£102,472
(2)
- -
All £93,893
(16)
£128,224
(45)
£169,448
(78)
£270,108
(51)
£477,479
(14)

Current asking rents in WV6

Average: £546 pcm
Avg. current asking prices in WV6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £341 pcm
(11)
£532 pcm
(7)
£632 pcm
(19)
£852 pcm
(7)
£1,343 pcm
(1)
Flats £376 pcm
(15)
£549 pcm
(12)
£598 pcm
(1)
- -
All £361 pcm
(26)
£543 pcm
(19)
£630 pcm
(20)
£852 pcm
(7)
£1,343 pcm
(1)

Fun facts for WV6

Highest value in WV6
Highest value streets Zed-Index
Pattingham Road £798,915
Tinacre Hill £780,862
Great Moor Road £726,785
Perton Road £681,168
Wightwick Bank £667,248
Highest turnover in WV6
Highest turnover streets Turnover
Cheriton Grove 47.6%
Turner Grove 42.1%
Corfton Drive 41.7%
Wrekin Drive 40.9%
Midhurst Grove 38.9%

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Local info for Wolverhampton

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