3, Merridale Lane - WV3 9RD
Key Building Insights
3, Merridale Lane is a residential building situated on Merridale Lane, Wolverhampton, WV3 with 5 addresses.
It ranks as the 1023rd largest and 306th most expensive of the 1,292 buildings in the WV3 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £76,352
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £578pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £182/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Key Building Insights
3, Merridale Lane is a residential building situated on Merridale Lane, Wolverhampton, WV3 with 5 addresses.
It ranks as the 1023rd largest and 306th most expensive of the 1,292 buildings in the WV3 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £76,352
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £578pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £182/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Explore Propertieson Merridale Lane, Wolverhampton, WV3
- Flat 1, 3 Merridale Lane
1 Bed Period Flat
- Flat 2, 3 Merridale Lane
1 Bed Period Flat
- Flat 3, 3 Merridale Lane
1 Bed Period Flat
- Flat 4, 3 Merridale Lane
1 Bed Period Flat
- Flat 5, 3 Merridale Lane
Period Flat
Sales Market Trends
The last sale in 3, Merridale Lane sold for £300,000 on 31st August 2022. Since then prices are down an average of 0.0%.
The current average value in the building is £76,352.
The 3, Merridale Lane Sales Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £76,352 |
| June 2025 | 3.7% | £76,153 |
| June 2024 | 2.1% | £73,442 |
| June 2023 | 2% | £71,901 |
| June 2022 | 11.8% | £70,490 |
| June 2021 | 6.4% | £63,069 |
| June 2020 | 2% | £59,266 |
| June 2019 | 5.1% | £58,079 |
| June 2018 | 1.8% | £55,245 |
| June 2017 | 0.6% | £54,269 |
| June 2016 | 5.4% | £53,928 |
| June 2015 | 1.6% | £51,166 |
| June 2014 | 2.7% | £50,369 |
| June 2013 | 0% | £49,045 |
| June 2012 | -0.9% | £49,036 |
| June 2011 | -4.5% | £49,493 |
| June 2010 | 1.5% | £51,815 |
| June 2009 | -13.3% | £51,029 |
| June 2008 | -4.6% | £58,862 |
| June 2007 | 0% | £61,715 |
Rental Market Trends
The current average rental value in the building is £578.
The 3, Merridale Lane Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £578pcm |
| June 2025 | 3.3% | £565pcm |
| June 2024 | 11.1% | £547pcm |
| June 2023 | 11.7% | £492pcm |
| June 2022 | 6.4% | £441pcm |
| June 2021 | 7.3% | £414pcm |
| June 2020 | 2.9% | £386pcm |
| June 2019 | 0% | £375pcm |
| June 2018 | 0.6% | £375pcm |
| June 2017 | 1.2% | £373pcm |
| June 2016 | 1.8% | £368pcm |
| June 2015 | 2.4% | £362pcm |
| June 2014 | 1.1% | £353pcm |
| June 2013 | -1.2% | £350pcm |
| June 2012 | 0.7% | £354pcm |
| June 2011 | -0.8% | £351pcm |
| June 2010 | 0.6% | £354pcm |
| June 2009 | -6.7% | £352pcm |
| June 2008 | 0.1% | £377pcm |
| June 2007 | 0% | £377pcm |
Sales History
The last sale was on 31st August 2022 for £300,000 and since then the market in the area has remained stable. The building has had a total of 2 sales since 1995.
3, Merridale Lane, Wolverhampton, WV3 9RD has seen no sales in the last three years and no sales in the last twelve months.
Property Types
- 4 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Oct 2016£415,000 | 2 Bed FlatFlat 1, 6, Merridale Lane, Wolverhampton, WV3 9RDFlat 1, 6, Merridale Lane, Wolverhampton, WV3 9RD
- Sold Oct 2016£415,000 | 2 Bed FlatFlat 1, 5, Merridale Lane, Wolverhampton, WV3 9RDFlat 1, 5, Merridale Lane, Wolverhampton, WV3 9RD
- Sold Feb 2023£300,000 | 4 Bed House17, Merridale Lane, Wolverhampton, WV3 9RD17, Merridale Lane, Wolverhampton, WV3 9RD
Schools Nearby
- Merridale Primary School500 m away
- St Jude's Church of England Primary Academy600 m away
- Nishkam Primary School Wolverhampton700 m away
- Wolverhampton Girls' High School900 m away
- St Peter's Collegiate Academy1.1 km away
- St Edmund's Catholic Academy1.1 km away
More reading links
Public Transport Nearby
The closest station to 3, Merridale Lane, Wolverhampton, WV3 9RD is Wolverhampton station, which is 2.0 kilometres away.
- Wolverhampton|2.0 km away
- Bilbrook|5.0 km away
- Codsall|6.0 km away
- Coseley|6.1 km away