Wolverhampton Property Market: A Buyers Guide

Wolverhampton Property Market: A Buyers Guide

Wolverhampton is a city located in West Midlands, and once historically was part of Staffordshire. Starting out as a thriving woollen trade market town, it is now the second-largest place in the west midlands’ county.

Average house prices in Wolverhampton are currently sitting at around £229,000, with most sales over the last year reported as semi-detached properties selling at an average £218,000. In comparison a flat would see an average sale price of £116K and a detached property £381k.

The information used in this article was obtained from the average house prices as of Q1 2023.

As a mortgage broker in Wolverhampton we can help work out your maximum mortgage borrowing allowing you to look at affordable property options in the Wolverhampton area.

How accessible and affordable are homes in Wolverhampton?

Generally speaking, and in comparison to other cities throughout the UK, Wolverhampton properties would fit into the ‘affordable’ bracket. With many family period properties from the Victorian era on offer in areas like Goldthorn Park and the village of Tettenhall just outside the city.

Wolverhampton offers fantastic accessibility with plenty of great transport links around the West Midlands and beyond. With trains from Wolverhampton station taking around 17 minutes to Birmingham, and in around 90 minutes you can be in the capital London.

Furthermore, on the roads you have great links with the M6 & M5 motorways. Discuss your affordability with a trusted mortgage advisor in Wolverhampton.

Hidden Gems – Up & Coming Areas to Consider in Wolverhampton

Wolverhampton has recently been classed as an up-and-coming area in general. Often referred to as the ‘sleeping giant’ due to its large amounts of unused land. Recently seeing a new train station and shopping complex that has vastly improved the transport, leisure and recruitment prospects, there is a huge promise for regeneration.

You will find the more sought-after areas within Wolverhampton are located on the out skirts of the city. Such as Ash Hill offering a more high-end range of properties in a leafy backwater setting and Perton Ridge in its semi-rural setting.

Living in Wolverhampton – Amenities, Schools & Things to Do

Wightwick Manor: A Window into Wolverhampton’s Victorian Past

Located just three miles west of the city, this stunning Victorian manor house gives visitors a taste of Wolverhampton’s rich history. Once home to the Mander family, the house showcases a range of art collected by the family and boasts over 15 acres of woodland and gardens to explore.

Wild Zoological Park: A Fun Day Out for the Whole Family

Take a trip 10 miles west of Wolverhampton to Bobbington and visit the Wild Zoological Park. With incredible animals from all over the world, including a wide variety of reptiles, this park is sure to be a hit with children and adults alike.

The Royal Air Force Museum: A Must-Visit for Aviation Enthusiasts

Located between Wolverhampton and Telford, the Royal Air Force Museum at Cosford is an impressive collection of exhibitions and collections that tell the story of the RAF. It’s a fascinating visit for anyone interested in aviation history.

West Park: A Green Oasis in the Heart of Wolverhampton

Escape the hustle and bustle of the city and head to West Park, a tranquil 43-acre green space in the city centre. With a boating lake and play area for children, it’s the perfect spot for a family day out.

Sports Galore: Something for Every Sports Enthusiast

Wolverhampton Wanderers’ Molineux Stadium is located in the heart of the city and is a must-visit for any football fan. Meanwhile, head to Monmore Green Stadium to the southeast of the city centre to catch some Premiership speedway racing with the Wolverhampton Wolves. Whatever your sport of choice, Wolverhampton has something for you.

Expert Mortgage Advice in Wolverhampton

Looking for reliable mortgage advice in Wolverhampton and surrounding areas? Our team of experienced advisors is here to guide you every step of the way. Whether you’re a first time buyer, moving home, remortgaging, or considering an investment property, we have the expertise you need to make informed decisions.

With our trusted mortgage advice service, you can start your mortgage journey with confidence. Book your free appointment online today and let us help you achieve your property goals.

The article was written/published on 29/03/2023

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