WV3 0RE is a residential postcode situated on Merridale Street, Wolverhampton, WV3 with 2 addresses.
It ranks as the 112th largest and 389th most expensive of the 1,394 postcodes in the WV3 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 flats.
WV3 0RE is a residential postcode situated on Merridale Street, Wolverhampton, WV3 with 2 addresses.
It ranks as the 112th largest and 389th most expensive of the 1,394 postcodes in the WV3 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 flats.
Sale prices range from £123,812 for 3 bedroom Leasehold flats (925 ft2) to £147,540 for 3 bedroom Leasehold flats with a garden (936 ft2) .
Monthly rental prices range from £792 pcm for 3 bed flats to £818 pcm for 3 bed flats.
The gross rental yield is between 6.7% and 7.7%.
The average value per square foot is £146.
The current average value in the postcode is £135,676.
The WV3 0RE Sales Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £135,676 |
| April 2025 | 4.4% | £134,099 |
| April 2024 | 1.1% | £128,395 |
| April 2023 | 3.8% | £126,940 |
| April 2022 | 12.4% | £122,336 |
| April 2021 | 4.7% | £108,852 |
| April 2020 | 2.6% | £104,002 |
| April 2019 | 4.7% | £101,373 |
| April 2018 | 2.2% | £96,854 |
| April 2017 | 0.5% | £94,749 |
| April 2016 | 4.6% | £94,276 |
| April 2015 | 2.7% | £90,119 |
| April 2014 | 2.7% | £87,767 |
| April 2013 | -2.6% | £85,420 |
| April 2012 | 0.2% | £87,700 |
| April 2011 | -4.4% | £87,492 |
| April 2010 | -0.4% | £91,541 |
| April 2009 | -14.1% | £91,954 |
| April 2008 | -2.1% | £107,070 |
| April 2007 | 0% | £109,364 |
The current average rental value in the postcode is £805.
The WV3 0RE Rental Market has increased by 59.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £805pcm |
| April 2025 | 4.2% | £777pcm |
| April 2024 | 11.9% | £746pcm |
| April 2023 | 10% | £667pcm |
| April 2022 | 6.7% | £606pcm |
| April 2021 | 6.5% | £568pcm |
| April 2020 | 3.7% | £533pcm |
| April 2019 | -0.1% | £514pcm |
| April 2018 | 0.8% | £514pcm |
| April 2017 | 1.2% | £510pcm |
| April 2016 | 2.2% | £504pcm |
| April 2015 | 1.4% | £493pcm |
| April 2014 | 0.5% | £486pcm |
| April 2013 | -1.3% | £484pcm |
| April 2012 | 1.6% | £490pcm |
| April 2011 | -0.7% | £483pcm |
| April 2010 | -1.1% | £486pcm |
| April 2009 | -6% | £491pcm |
| April 2008 | 1.3% | £523pcm |
| April 2007 | 0% | £516pcm |
WV3 0RE is the 112th largest and the 389th most expensive postcode out of the 1,394 postcodes in the WV3 area.
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The closest station to WV3 0RE is Wolverhampton station which is 1.5 kilometres away.
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