# 12 CROSS STREET SOUTH, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JQ

## Property details

- Slug: `1486b38` (address key hash: `1486b38434199cda55e5266aaba2c0c536ecf553`)
- Postcode: WV2 3JQ
- Transactions on record: 2

- Tenure: Freehold
- Property type: Terraced
- Last sold: £123,750 Jan 2026
- Local average: £183,175 (10 sales)
- Street crime: 436 incidents within 1 mile (Jun 2026)

## Latest sale

- Price: £123,750
- Date: 2026-01-28
- Type: T
- Tenure: F

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-28 | £123,750 | Terraced | +3.1% | £127,000 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-ff33-591c-e063-4704a8c00c31) |
| Sold | 2023-07-19 | £120,000 | Terraced | — | £134,371 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/01eb45f0-5aa4-40f3-e063-4704a8c05fde) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 CROSS STREET SOUTH, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JQ | £123,750 | 28/01/2026 | Terraced |
| 12 CROSS STREET SOUTH, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JQ | £120,000 | 19/07/2023 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 CROSS STREET SOUTH, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JQ | £46,000 | 24/11/2023 | Terraced |
| 33 UPPER VILLIERS STREET, WOLVERHAMPTON, WEST MIDLANDS, WV2 4NU | £201,500 | 19/12/2022 | Terraced |
| 164 PARK STREET SOUTH, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JF | £120,000 | 10/06/2022 | Terraced |
| 116 UPPER VILLIERS STREET, WOLVERHAMPTON, WEST MIDLANDS, WV2 4NU | £120,000 | 31/05/2022 | Terraced |
| 6 CROSS STREET SOUTH, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JQ | £155,000 | 06/05/2022 | Terraced |
| 30 UPPER VILLIERS STREET, WOLVERHAMPTON, WEST MIDLANDS, WV2 4NU | £148,000 | 28/03/2022 | Terraced |
| 15 CHAPEL STREET, WOLVERHAMPTON, WEST MIDLANDS, WV2 3EU | £138,000 | 18/03/2022 | Terraced |
| 29 FOWLER STREET, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JD | £126,000 | 10/03/2022 | Terraced |
| 9 STRODE ROAD, WOLVERHAMPTON, WEST MIDLANDS, WV2 3ER | £115,000 | 07/02/2022 | Terraced |
| 168 PARK STREET SOUTH, WOLVERHAMPTON, WEST MIDLANDS, WV2 3JF | £147,500 | 17/01/2022 | Terraced |
| 25 STRODE ROAD, WOLVERHAMPTON, WEST MIDLANDS, WV2 3ES | £101,000 | 28/10/2021 | Terraced |
| 48 TALBOT ROAD, WOLVERHAMPTON, WEST MIDLANDS, WV2 3EW | £170,000 | 08/10/2021 | Terraced |
| 24 STRODE ROAD, WOLVERHAMPTON, WEST MIDLANDS, WV2 3ES | £90,000 | 17/08/2021 | Terraced |

**Area average:** £129,077 (13 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 42.2%
- **10y growth:** 59.1%

## House Price Index (HM Land Registry)

*Official index for Wolverhampton; Terraced series; as of May 2026.*

- **1y growth (index):** 8.4%
- **5y growth (index):** 32%
- **10y growth (index):** 71.7%

## Rental Range

*ONS Price Index of Private Rents (Wolverhampton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £844/mo
- **Realistic:** £938/mo
- **Optimistic:** £1,032/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Black Country (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 4 Bed Terraced House, Fowler Street, WV2 | £1,175/mo | 4 | 0.16 miles | OpenRent |
| 4 Bed Detached House, Lyndhurst Road, WV3 | £1,500/mo | 4 | 0.46 miles | OpenRent |
| 4 Bed Semi-Detached House, Merridale St West, WV3 | £1,100/mo | 4 | 0.74 miles | OpenRent |

**Average rent: £1,258/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.95% (okay)
- **Max investor price (0.8%):** £146,875
- **Target investor price (1%):** £117,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,175/mo).*

- **Gross yield:** 11.4%
- **Cost-to-rent:** 8.8×
- **Monthly cashflow:** £545/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 182 |
| Shoplifting | 64 |
| Public order | 34 |
| Vehicle crime | 32 |
| Criminal damage and arson | 31 |
| Other theft | 26 |
| Burglary | 14 |
| Possession of weapons | 13 |
| Anti-social behaviour | 10 |
| Drugs | 9 |
| Other crime | 7 |
| Robbery | 6 |
| Theft from the person | 5 |
| Bicycle theft | 3 |
| **Total incidents** | **436** |

*Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| St Luke's Church of England Aided Primary School | Primary | 0.1 miles | Good — 26 Nov 2014 |
| The Royal School, Wolverhampton | Other | 0.3 miles | Good — 18 Sep 2019 |
| Phoenix Nursery School | Nursery | 0.3 miles | Good — 3 Apr 2014 |
| Graiseley Primary School | Primary | 0.4 miles | Requires improvement — 23 Jun 2024 |
| SS. Mary and John's Catholic Primary Academy | Primary | 0.6 miles | Good — 9 Jun 2024 |