5, Merridale Lane - WV3 9RD
Key Building Insights
5, Merridale Lane is a residential building situated on Merridale Lane, Wolverhampton, WV3 with 5 addresses.
It ranks as the 1038th largest and 391st 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
- £77,788
- 10 Year change
- up 40.8%
- Ave. Rental Price
- £594pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £183/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Key Building Insights
5, Merridale Lane is a residential building situated on Merridale Lane, Wolverhampton, WV3 with 5 addresses.
It ranks as the 1038th largest and 391st 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
- £77,788
- 10 Year change
- up 40.8%
- Ave. Rental Price
- £594pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £183/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Explore Propertieson Merridale Lane, Wolverhampton, WV3
- Flat 1, 5 Merridale Lane
2 Bed Period Flat
- Flat 2, 5 Merridale Lane
2 Bed Period Flat
- Flat 3, 5 Merridale Lane
1 Bed Period Flat
- Flat 4, 5 Merridale Lane
1 Bed Period Flat
- Flat 5, 5 Merridale Lane
1 Bed Period Flat
Sales Market Trends
The last sale in 5, Merridale Lane sold for £415,000 on 7th October 2016. Since then prices are down an average of 0.0%.
The current average value in the building is £77,788.
The 5, Merridale Lane Sales Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £77,788 |
| June 2025 | 3.7% | £77,636 |
| June 2024 | 2.2% | £74,893 |
| June 2023 | 1.8% | £73,285 |
| June 2022 | 11.7% | £72,012 |
| June 2021 | 6.4% | £64,450 |
| June 2020 | 2.1% | £60,601 |
| June 2019 | 5.1% | £59,384 |
| June 2018 | 1.8% | £56,509 |
| June 2017 | 0.5% | £55,526 |
| June 2016 | 5.3% | £55,250 |
| June 2015 | 1.6% | £52,484 |
| June 2014 | 2.8% | £51,666 |
| June 2013 | 0% | £50,279 |
| June 2012 | -1% | £50,259 |
| June 2011 | -4.4% | £50,758 |
| June 2010 | 1.6% | £53,114 |
| June 2009 | -13.2% | £52,300 |
| June 2008 | -4.7% | £60,252 |
| June 2007 | 0% | £63,220 |
Rental Market Trends
The current average rental value in the building is £594.
The 5, Merridale Lane Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £594pcm |
| June 2025 | 3.2% | £580pcm |
| June 2024 | 11.1% | £562pcm |
| June 2023 | 11.5% | £506pcm |
| June 2022 | 6.4% | £454pcm |
| June 2021 | 7.2% | £427pcm |
| June 2020 | 2.9% | £398pcm |
| June 2019 | 0% | £387pcm |
| June 2018 | 0.6% | £387pcm |
| June 2017 | 1% | £384pcm |
| June 2016 | 1.7% | £380pcm |
| June 2015 | 2.4% | £374pcm |
| June 2014 | 1.2% | £366pcm |
| June 2013 | -1.2% | £361pcm |
| June 2012 | 0.7% | £365pcm |
| June 2011 | -0.8% | £363pcm |
| June 2010 | 0.6% | £366pcm |
| June 2009 | -6.6% | £364pcm |
| June 2008 | 0% | £389pcm |
| June 2007 | 0% | £389pcm |
Sales History
The last sale was on 7th October 2016 for £415,000 and since then the market in the area has remained stable. The building has had a total of 2 sales since 1995.
5, Merridale Lane, Wolverhampton, WV3 9RD has seen no sales in the last three years and no sales in the last twelve months.
Property Types
- 5 period flats built between 1800 and 1911
- period flat (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (2)
- No EPC (0)
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 5, 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
