Are you retiring to a park home and want a quick sale of your property to complete the deal? Are you downsizing because your kids have flown the nest and you no longer need as much space?
Prices, rents, yields, growth & much more for the city of Wolverhampton
The statistics show that the Wolverhampton housing market remains firm, despite the current UK market.
There are signs that the property selling times are slowing, as there are 79% more properties on the market Year on Year, and the average time on the market has increased by 11%. The average number of properties sold in Wolverhampton has dropped 61% yearly.
According to Zoopla, the average house price in Wolverhampton over the past year was £228,104, with detached properties selling for the most at £382,623, semi-detached properties selling for £220,734, terraced houses selling at £162,990 and flats selling at £118,705.
Wolverhampton is in the heart of the West Midlands, England, 130 miles northwest of London and 281 miles southeast of Edinburgh. The city is famous for its role in the rise of heavy metal bands such as Black Sabbath and the invention of the first automatic traffic lights.
The city developed in the Saxon era and was originally a settlement that flourished around a monastery, with a great battle between the unified Mercian Angles and West Saxons against the Danes.
Wolverhampton later became a staple town of the woollen trade and then onto the metal industries during the industrial revolution. In 2000, the town was given city status, making it one of three Millenium Cities.
Since then, Wolverhampton has become a hub in the West Midlands for Financial & Business, Life Sciences, Logistics, Tourism and Creative Industries.
Investment property in Wolverhampton comprises a large proportion of terraced housing, Post-World War Two and mid-century housing, some mixed-use buy-to-let properties and larger detached housing towards the suburbs.
There are many larger suburbs in Wolverhampton, especially towards areas like Upper Penn and Wightwick and there are a few new build estates offering energy-efficient housing.
Towards the centre, you will find some student housing for the University of Wolverhampton, which has 12 campuses across the city.
Wolverhampton is a trendy city known for its rich history, diverse culture, excellent universities, vibrant nightlife and affordable cost of living.
The city has many famous landmarks, such as Wightwick Manor, West Park, Wolverhampton Art Gallery, Royal Air Force Museum Midlands, and the White Ladies Priory.
Wolverhampton is surrounded by beautiful countryside, providing easy access to outdoor activities and scenic views. There are many beautiful areas of Wolverhampton to live in, but here are a few of our top picks:
Wolverhampton is located just 2.3 miles west of Wolverhampton city centre allowing quick access to city life through solid transport links. Whether you’re a biker, bus rider or driver, you’ll find yourself at the city’s heart in less than 9 minutes.
The old quarry town is a suburb of Wolverhampton that has a horticultural centre and is located along the A454. The suburb has a coffee shop and pump in a very short walking distance.
According to Zoopla, the average sold price for a property in Arnold over the past year is £292,722, with detached houses selling for the most at £325,000, semi-detached selling for £225,000, terraced houses selling for £280,000 and flats selling for £179,500.
Tettenhall is located 2.2 miles northwest of Wolverhampton city centre and is easily accessible to the centre by bus, which only takes 16 minutes!
Tettenhall sits between Wolverhampton Cricket Club, Wolverhampton Lawn Tennis & Squash Club and the Wolverhampton Racecourse.
There is an enormous value of housing available in Tettenhall, so the area is a favourite with young families looking to set up routes in their forever homes.
According to Zoopla, the average sold price for a property in Tettenhall over the past year is £297,137, with detached houses selling for the most at £512,989, semi-detached houses for £253,510, terraced houses for £203,291 and flats for £160,500.
Finchfield is located 2.7 miles west of Wolverhampton city centre and is just a 10 minute car journey. The area is made up of plenty of cul-de-sacs, secluded streets and backs on to the Smestow Valley Nature Park.
Finchfield also offers children a wide range of school opportunities via the Castlecroft Primary School and Uplands Junior School. There is a bit of shopping in the area with a Lidl, coffee lounge, pub and library.
According to Zoopla, the average sold price for a property in Finchfield over the past year is £198,745, with detached properties selling for the most at £339,950, semi-detached properties for £233,750, terraced properties at £183,083 and flats at £119,667.
We'll buy any property, either a detached family house or a city centre apartment; we can make a cash offer and complete a fast sale.
The location of your property and the condition it is in won't deter us from helping you achieve a quick house sale — whether the property is in the middle of nowhere or the city centre, in pristine condition or in need of a complete refurbishment, we will buy any house quickly.
You might be wondering whether we can actually buy a property, especially if you live in the outskirts of Wolverhampton.
The simple answer is yes, we’ll buy anything in and around that area, however, here’s a list of a few of the areas we commonly help people to sell their house fast in Wolverhampton:
Local high-street estate agents in Wolverhampton will provide you with a service that covers the advertising and negotiations of your property. They should use online property portals for marketing your property and even help you arrange viewings.
Local estate agents in Wolverhampton tend to cost, on average, 1.4%+VAT of your original asking price, adding any hidden costs or packages that go towards marketing and negotiating on your behalf.
Estate agent valuations in Wolverhampton will vary depending on the honesty of the estate agent, as they may overvalue your property to win your business.
This may mean that you struggle to sell your property on the open market; if you choose to use an estate agent in Wolverhampton, you should ensure that they operate a 'no sale, no fee' service, as this will ensure that this does not occur.
Home.co.uk says it will take you, on average, 98 days to sell a property in Wolverhampton via an estate agent.
Property Auctions in Wolverhampton are helpful if you wish to sell unusual properties.
You will need to know the difference between a guide and reserve prices, as these are set for each property slot. A guide price for a lot is like a valuation; it's the price that an auction house or the seller thinks the property is worth. A reserve price is a minimum payment that the vendor will accept, but this is usually kept private.
If you decide to sell your property at auction in Wolverhampton, you will pay around £300 to put your home on the auction and then 2.5%+VAT of the selling price, adding a further charge for any additional services like negotiations and marketing.
Yes, anyone can sell at auction in Wolverhampton, most property types sell well on auction for below market value, but you run the risk of not selling at all. Most bidders at an auction are investors or developers looking to buy a property that needs renovation, so there may be better routes than selling your family property on auction.
Usually, a house on auction in Wolverhampton will sell for as little as 70% below market value, but occasionally they can sell for 10% more. The average is about 85% to 90% below market value.
For people who need to sell their house fast in Wolverhampton, house cash buyers can offer a fast sell-house process which includes a valuation, sale processing and payment. After accepting an offer, costs are typically processed within a few days.
Being a cash buyer in Wolverhampton means that the company or person can buy your property for cash without the need for a mortgage or loan to buy the home. You still need to hire a conveyancer, which will be the longest part of the property-selling process.
Usually, when you sell a property for cash, you can expect to complete it within two months of accepting the offer on your property. We can buy your property in as little as seven days, and then it's down to the conveyancer to complete the process.
You will still need a solicitor in Wolverhampton if you sell your home to a cash buyer or any house-buying service. They will carry out the legal conveyancing side of the process and ensure that everything is permitted.
The average time for the conveyancing process is between six to eight weeks, depending on the experience and quality of the conveyancer. We will cover all your solicitor costs.
Wolverhampton estate agents vs cash buyers (like us!)
As a cash buyer in Wolverhampton, we do not charge any estate agent fees; the entire process is free. When you accept a cash offer from us, that is the total amount we will pay directly to your bank; if the house sale exceeds the agreed price, then that profit goes to us.
As a bit of thank you for selling with us, you will not face any legal costs while using our cash-buying services in Wolverhampton; we will cover all your legal fees.
You will never face hidden charges, as our house-buying process is completely transparent, honest and cost-free.
As we buy your home in Wolverhampton with our cash reserves, we do not need to wait on mortgages, loans or property chains. This means we can buy your house in as little as seven days, but most people choose to take around three weeks. We will tailor the sale of your home to suit your needs and situation.
If you are dealing with an inherited or probate property in Wolverhampton, we can help you release the cash from the property quickly and securely. Ensuring the process is as hassle-free as possible and relieving you of any undue stress.
Selling probate property in Wolverhampton has never been easier!
If you have entered a period of financial hardship and wish to release some equity in your property, we can help sell your house fast in Wolverhampton before the bank repossesses it.
We can help stop house repossessions in Wolverhampton by providing you with cash for your house, in as little as seven days.
If you are a landlord in Wolverhampton, we can buy your tenanted property from you. We have years of experience dealing with tenants. Once you have agreed to our cash offer, we will take over the tenancy and liaise with the tenants, ensuring the process is as hassle-free as possible for you.
If a buyer has pulled out of your property chain and has caused it to break, we can help you sell your house fast in Wolverhampton and buy your property in as little as seven days. We will also help negotiate onward purchases if you are in a tricky situation.
Wolverhampton is a diverse, multicultural city with a rich history and a thriving art scene. The city has numerous museums, galleries and theatres, as well as a variety of music venues, festivals and events.
But, the city has an average time to sell off 98 days, so ensuring you can sell your house fast in Wolverhampton is vital. Below are some ways to generate more interest when selling your property in Wolverhampton:
By giving your property in Wolverhampton a deep clean, a fresh lick of paint, decluttering and ensuring that all obvious damages are repaired, you can significantly increase the desirability of your property and help potential buyers imagine themselves in your house.
It would be best if you carried out any repairs to your home to ensure that you sell your house fast in Wolverhampton; this could include removing any mould, providing any light fixtures are working or replacing any run-down carpets.
You should increase your curb appeal if you have a wild garden in Wolverhampton. This could be through killing weeds in your stonework, mowing tall grass, or trimming your hedges.
By selling your property to us, you ensure you can sell your house fast in Wolverhampton.
We will buy your property in as little as seven days, pay all the legal fees usually associated with selling your property and handle all marketing and negotiations, ensuring that the entire process is as hassle-free as possible.
If you're looking to sell your home in the Wolverhampton area, then you may have a few questions; we've pulled a few of them together to help:
There are several benefits to using a sell house fast company like ourselves, but mostly it's that you can sell your home in as little as seven days for cash, it's entirely hassle-free, and everything is handled for you.
It will ultimately depend on your timescale. We can buy your Wolverhampton home in as little as seven days; however, we know this may not work for some, so we can operate to a timescale that best suits you.
Of course! We're part of The National Association Of Property Buyers (NAPB) & The Property Ombudsman (TPO). We have sold hundreds of properties in the West Midlands area over the years — look at our thousands of excellent reviews on Trustpilot. The Property Buying Company has been in business since 2012; we wouldn’t have survived if our customers didn’t trust us!
We have sold hundreds of properties in the West Midlands area over the years — look at our thousands of excellent reviews on Trustpilot. The Property Buying Company has been in business since 2012; we wouldn’t have survived if our customers didn’t trust us!
The initial offer is provided by the details you give us & a bit of online research around the area. If you are happy with a figure around that ballpark, we will send a Regional Manager to visit the property and assess its condition, generating a further finalised offer.