24 Lea Bank, Wolverhampton, WV3 9HN is a leasehold flat built between 1967-1975. The property offers approximately 710 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £140,921 , which equates to approximately £198 per square foot. It was last sold on 25 Oct 2024 for £138,000. Since then, the value has increased by £2,921, representing a 2.1% increase, or approximately 1.9% per year.

The current estimated value of £140,921 is:

  • 19.0% lower than the average property price on Lea Bank
  • 16.1% lower than the average in the WV3 9HN postcode area
  • and 49.7% lower than the average price for Wolverhampton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 May 2024, the property was recorded as owner-occupied.

View sold house prices in WV3 9HN

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£140,921
Price Per sq ft (estimate)
£198
Bedroom Count (estimate)
2 bedrooms

EPC Summary

24 Lea Bank, Wolverhampton, West Midlands, WV3 9HN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 May 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Apr 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 52.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from warm air, mains gas to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to WV3 9HN

2 nd / 29
Price Rank
16% lower than average
12 th / 20
Size Rank
5% smaller than average
1 st / 20
Price Per Sq FT Rank
12% lower than average

Compared to other properties in WV3 9HN , this flat's estimated value ranks 2nd out of 29. Based on price per square foot, it ranks 1st out of 20 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 12th out of 20 properties in its postcode area.

Sale History

Today
£140,921
streetscan.co.uk estimate
+2 %
25 Oct 2024
£138,000
Leasehold
+29 %
17 Oct 2014
£107,000
Leasehold
-11.6 %
8 Mar 2007
£121,000
Leasehold
+120 %
20 Jan 1999
£55,000
Leasehold
+37.5 %
15 Nov 1996
£40,000
Leasehold
+8.3 %
2 Jun 1995
£36,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £130,000
sale date: 1 Feb 2024
rooms: 3
size: 721 sq ft
sale price: £130,000
sale date: 27 Oct 2023
rooms: 3
size: 710 sq ft
sale price: £143,000
sale date: 4 Nov 2022
rooms: 3
size: 710 sq ft
sale price: £142,500
sale date: 29 Nov 2021
rooms: 3
size: 721 sq ft
sale price: £115,000
sale date: 11 Nov 2020

Data Sources

The property at 24 Lea Bank, Wolverhampton, WV3 9HN appears six times in the Land Registry records, with the latest transaction recorded on 25 Oct 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 May 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.