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62 Merridale Street West is a residential building situated on Merridale Street West, Wolverhampton, WV3 with 2 addresses.
It ranks as the 601st largest and 135th most expensive of the 1,292 buildings in the WV3 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
62 Merridale Street West is a residential building situated on Merridale Street West, Wolverhampton, WV3 with 2 addresses.
It ranks as the 601st largest and 135th most expensive of the 1,292 buildings in the WV3 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £65,537 for 2 bedroom leasehold flats (570 ft2) to £66,058 for 2 bedroom leasehold flats with a garden (581 ft2) .
Monthly rental prices range from £509 pcm for 2 bed flats to £512 pcm for 2 bed flats.
The gross rental yield is between 9.3% and 9.3%.
The average value per square foot is £114.
The current average value in the building is £65,797.
The 62 Merridale Street West Sales Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.5% | £65,797 |
| May 2025 | 4.7% | £65,444 |
| May 2024 | 1.4% | £62,485 |
| May 2023 | 2.6% | £61,633 |
| May 2022 | 12% | £60,072 |
| May 2021 | 5.7% | £53,624 |
| May 2020 | 2.3% | £50,713 |
| May 2019 | 4.9% | £49,572 |
| May 2018 | 2.4% | £47,274 |
| May 2017 | -0.4% | £46,162 |
| May 2016 | 5% | £46,359 |
| May 2015 | 2% | £44,138 |
| May 2014 | 3.5% | £43,261 |
| May 2013 | -1.1% | £41,802 |
| May 2012 | -1% | £42,258 |
| May 2011 | -4.1% | £42,671 |
| May 2010 | 1% | £44,511 |
| May 2009 | -13.6% | £44,051 |
| May 2008 | -4.4% | £50,991 |
| May 2007 | 0% | £53,312 |
The current average rental value in the building is £510.
The 62 Merridale Street West Rental Market has increased by 59.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £510pcm |
| May 2025 | 5.2% | £499pcm |
| May 2024 | 10.6% | £474pcm |
| May 2023 | 12.1% | £429pcm |
| May 2022 | 6.4% | £383pcm |
| May 2021 | 8% | £360pcm |
| May 2020 | 2.3% | £333pcm |
| May 2019 | 0.3% | £325pcm |
| May 2018 | 2.1% | £324pcm |
| May 2017 | -0.7% | £318pcm |
| May 2016 | 1.9% | £320pcm |
| May 2015 | 1.3% | £314pcm |
| May 2014 | 2.1% | £310pcm |
| May 2013 | -1.8% | £304pcm |
| May 2012 | 0.5% | £309pcm |
| May 2011 | -0.5% | £308pcm |
| May 2010 | -0.2% | £309pcm |
| May 2009 | -6.6% | £310pcm |
| May 2008 | 0.9% | £332pcm |
| May 2007 | 0% | £329pcm |
The closest station to 62, Merridale Street West, Wolverhampton, WV3 0RW is Wolverhampton station which is 1.8 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Merridale Street West, Wolverhampton, WV3 0RW, 63.1% of property is privately rented and 15.6% is socially rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 62, Merridale Street West, Wolverhampton, WV3 0RW, 36.7% of residents are recorded as possessing school level qualifications and 28.2% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 62, Merridale Street West, Wolverhampton, WV3 0RW, the average age was 34.4 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 62, Merridale Street West, Wolverhampton, WV3 0RW, 0.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 62, Merridale Street West, Wolverhampton, WV3 0RW, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.