Merridale Lane - WV3 9RD
Key Postcode Insights
WV3 9RD is a residential postcode situated on Merridale Lane, Wolverhampton, WV3 with 77 addresses.
It ranks as the 1383rd largest and 34th most expensive of the 1,396 postcodes in the WV3 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 77 properties: 9 houses and 68 flats.
- Ave. Sale Price
- £94,247
- 10 Year change
- up 44.0%
- Ave. Rental Price
- £614pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
WV3 9RD is a residential postcode situated on Merridale Lane, Wolverhampton, WV3 with 77 addresses.
It ranks as the 1383rd largest and 34th most expensive of the 1,396 postcodes in the WV3 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 77 properties: 9 houses and 68 flats.
- Ave. Sale Price
- £94,247
- 10 Year change
- up 44.0%
- Ave. Rental Price
- £614pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin WV3 9RD
- Beechwood House
Period Building | 9 Units
- 1 Merridale Lane
Period Building | 8 Units
- 2 Merridale Lane
Period Building | 7 Units
- 3 Merridale Lane
Period Building | 5 Units
- 4 Merridale Lane
4 Bed Period House
Sales Market Trends
The last sale in WV3 9RD sold for £213,000 on 14th June 2024. Since then prices are up an average of 6.2%.
The current average value in the postcode is £94,247.
The WV3 9RD Sales Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £94,247 |
| June 2025 | 3.9% | £94,147 |
| June 2024 | 1.7% | £90,610 |
| June 2023 | 2.1% | £89,086 |
| June 2022 | 12% | £87,234 |
| June 2021 | 6.9% | £77,914 |
| June 2020 | 2% | £72,889 |
| June 2019 | 5.5% | £71,432 |
| June 2018 | 2.4% | £67,706 |
| June 2017 | 1% | £66,116 |
| June 2016 | 5.5% | £65,436 |
| June 2015 | 1.9% | £62,008 |
| June 2014 | 3.1% | £60,839 |
| June 2013 | 0.1% | £59,003 |
| June 2012 | -0.7% | £58,927 |
| June 2011 | -3.8% | £59,320 |
| June 2010 | 2.3% | £61,640 |
| June 2009 | -12.3% | £60,278 |
| June 2008 | -4.3% | £68,713 |
| June 2007 | 0% | £71,823 |
Rental Market Trends
The current average rental value in the postcode is £614.
The WV3 9RD Rental Market has increased by 59.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £614pcm |
| June 2025 | 3.5% | £600pcm |
| June 2024 | 10.6% | £580pcm |
| June 2023 | 11.9% | £524pcm |
| June 2022 | 6.6% | £469pcm |
| June 2021 | 7.8% | £440pcm |
| June 2020 | 2.9% | £408pcm |
| June 2019 | 0.4% | £397pcm |
| June 2018 | 1.2% | £395pcm |
| June 2017 | 1.6% | £390pcm |
| June 2016 | 1.9% | £384pcm |
| June 2015 | 2.7% | £377pcm |
| June 2014 | 1.5% | £367pcm |
| June 2013 | -1.1% | £362pcm |
| June 2012 | 1% | £366pcm |
| June 2011 | -0.1% | £362pcm |
| June 2010 | 1.3% | £362pcm |
| June 2009 | -5.6% | £358pcm |
| June 2008 | 0.4% | £379pcm |
| June 2007 | 0% | £377pcm |
Sales History
The last sale was on 14th June 2024 for £213,000 and since then the market in the area has increased by 6.2%. The postcode has had a total of 22 sales since 1995.
WV3 9RD has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£213,000 | 4 Bed House4, Merridale Lane, Wolverhampton, WV3 9RD4, Merridale Lane, Wolverhampton, WV3 9RD
- Sold Feb 2023£300,000 | 4 Bed House17, Merridale Lane, Wolverhampton, WV3 9RD17, Merridale Lane, Wolverhampton, WV3 9RD
- Sold Aug 2022£300,000 | 1 Bed FlatFlat 1, 3, Merridale Lane, Wolverhampton, WV3 9RDFlat 1, 3, Merridale Lane, Wolverhampton, WV3 9RD
- Sold Oct 2021£230,000 | 4 Bed House4, Merridale Lane, Wolverhampton, WV3 9RD4, Merridale Lane, Wolverhampton, WV3 9RD
- Sold Feb 2020£195,000 | 4 Bed House13, Merridale Lane, Wolverhampton, WV3 9RD13, Merridale Lane, Wolverhampton, WV3 9RD
Nearby Postcodes
WV3 9RD is the 1383rd largest and the 34th most expensive postcode out of the 1,396 postcodes in the WV3 area.
- WV3 9QY, Merridale Crescent, Wolverhampton, WV3WV3 9QY22 Addresses|61 m away
- WV3 9QZ, Compton Road, Wolverhampton, WV3WV3 9QZ11 Addresses|97 m away
- WV3 9RW, Crawford Road, Wolverhampton, WV3WV3 9RW26 Addresses|107 m away
- WV3 9QU, Crawford Road, Wolverhampton, WV3WV3 9QU46 Addresses|112 m away
- WV3 9QX, Crawford Road, Wolverhampton, WV3WV3 9QX4 Addresses|126 m away
Property Types
- 8 period houses built between 1800 and 1911
- 65 period flats built between 1800 and 1911
- 4 mid-century flats built between 1936 and 1979
- period house (8)
- period flat (65)
- mid-century flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 75 properties.
- The most common rating is D.
- A (0)
- E (28)
- B (0)
- F (2)
- C (13)
- G (1)
- D (31)
- No EPC (2)
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 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
