40 Market Square, Wolverhampton, WV3 0NL is a leasehold flat built between 2003-2006. The property offers approximately 517 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £90,596 , which equates to approximately £175 per square foot. It was last sold on 18 Aug 2016 for £63,000. Since then, the value has increased by £27,596, representing a 43.8% increase, or approximately 4.7% per year.

The current estimated value of £90,596 is:

  • 52.4% lower than the average property price on Market Square
  • 50.6% lower than the average in the WV3 0NL postcode area
  • and 70.0% 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 29 July 2019, the property was recorded as owner-occupied.

View sold house prices in WV3 0NL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£90,596
Price Per sq ft (estimate)
£175
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Market Square, Wolverhampton, West Midlands, WV3 0NL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Jul 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 May 2009. The rating of C is unchanged, though the energy efficiency score decreased by 7.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to WV3 0NL

51 st / 62
Price Rank
51% lower than average
55 th / 56
Size Rank
27% smaller than average
3 rd / 56
Price Per Sq FT Rank
33% lower than average

Compared to other properties in WV3 0NL , this flat's estimated value ranks 51th out of 62. Based on price per square foot, it ranks 3rd out of 56 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 55th out of 56 properties in its postcode area.

Sale History

Today
£90,596
streetscan.co.uk estimate
+44 %
18 Aug 2016
£63,000
Leasehold
-40.6 %
23 Dec 2003
£106,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £48,000
sale date: 19 Jan 2024
rooms: 2
size: 538 sq ft
sale price: £70,000
sale date: 20 Nov 2023
rooms: 2
size: 517 sq ft
sale price: £64,500
sale date: 28 May 2015
rooms: 2
size: 527 sq ft
sale price: £96,000
sale date: 21 Dec 2007
rooms: 2
size: 538 sq ft
sale price: £105,000
sale date: 21 Jan 2005

Data Sources

The property at 40 Market Square, Wolverhampton, WV3 0NL appears two times in the Land Registry records, with the latest transaction recorded on 18 Aug 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jul 2019. 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.