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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 131, Merridale Road, Wolverhampton is £276,409 and the estimated rental value is £1,355 per month.
Merridale Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
131, Merridale Road, Wolverhampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2017.
We combine this information with public data 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 131, Merridale Road, Wolverhampton is in very good condition we estimate a sale value of £290,230 and a rental value of £1,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,060 and a rental value of £1,260 per month.
Over the last 12 months the sale value of 131 Merridale Road Wolverhampton has increased by an estimated £2,825 (1.0%) and its rental value has increased by an estimated £52 per month (3.8%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 131, Merridale Road, Wolverhampton sits on a plot of 128m2.
We have plot size data on 11 out of 13 other houses in the postcode and 131, Merridale Road, Wolverhampton sits on the 11th largest plot.
131, Merridale Road, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Oct 2017.
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, 131, Merridale Road, Wolverhampton was last sold on 30th August 2002 for £112,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 131, Merridale Road, Wolverhampton within a radius of 510 metres over the last 2 years.
The most recent example is 65, Compton Road, Wolverhampton, WV3 9QZ, a freehold house which sold for £205,000 on the 31st July 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merridale Road, Wolverhampton, WV3 has a total of 349 addresses. According to our analysis of all the public data, 131, Merridale Road, Wolverhampton is the 9th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in WV3.
The closest station to 131, Merridale Road, Wolverhampton is Wolverhampton station which is 2.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 131, Merridale Road, Wolverhampton, 54.7% of property is privately rented and 22.2% is privately owned outright.
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 131, Merridale Road, Wolverhampton, 19.8% of residents are recorded as possessing school level qualifications and 26.9% 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 131, Merridale Road, Wolverhampton, 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 131, Merridale Road, Wolverhampton, 0.8% 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 131, Merridale Road, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.