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According to the public record, 1, Merchant Close, Wolverhampton is a modern freehold house with 1,313 ft2 of internal area and sits on a 379 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Merchant Close, Wolverhampton is £398,881 and the estimated rental value is £1,409 per month.
Merchant Close, Pattingham, Wolverhampton, WV6 is located in the borough of South Staffordshire within the WV6 postal district.
1, Merchant Close, Wolverhampton has 21 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Merchant Close, Wolverhampton is in very good condition we estimate a sale value of £418,825 and a rental value of £1,479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,960 and a rental value of £1,310 per month.
Over the last 12 months the sale value of 1 Merchant Close Wolverhampton has increased by an estimated £3,573 (0.9%) and its rental value has increased by an estimated £38 per month (2.7%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 1, Merchant Close, Wolverhampton sits on a plot of 379m2.
We have plot size data on 4 out of 5 other houses in the postcode and 1, Merchant Close, Wolverhampton sits on the 2nd largest plot.
1, Merchant Close, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Merchant Close, Wolverhampton was last sold on 18th May 2018 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Merchant Close, Wolverhampton within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 6, Highgate Court, Wolverhampton, WV6 7ER, a freehold house which sold for £299,500 on the 19th August 2021.
Read more about house prices in WV6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merchant Close, Pattingham, Wolverhampton, WV6 has a total of 5 addresses. According to our analysis of all the public data, 1, Merchant Close, Wolverhampton is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in WV6.
The closest station to 1, Merchant Close, Wolverhampton is Albrighton station which is 5.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 1, Merchant Close, Wolverhampton, % of property is and % is .
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 1, Merchant Close, Wolverhampton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Merchant Close, Wolverhampton, 0.0% 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 1, Merchant Close, Wolverhampton, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.