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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Merridale Grove, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,960 ft2 of internal area and sits on a 3,919 m2 plot and a garden.
Houses of this size in this area normally have 6 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Merridale Grove, Wolverhampton is £802,194 and the estimated rental value is £2,865 per month.
Merridale Grove, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
2, Merridale Grove, Wolverhampton has 21 entries in the Land Registry , most recently in January 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2, Merridale Grove, Wolverhampton is in very good condition we estimate a sale value of £842,304 and a rental value of £3,008 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £746,041 and a rental value of £2,664 per month.
Over the last 12 months the sale value of 2 Merridale Grove Wolverhampton has decreased by an estimated £4,284 (0.5%) and its rental value has increased by an estimated £45 per month (1.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 2, Merridale Grove, Wolverhampton sits on a plot of 3919m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Merridale Grove, Wolverhampton sits on the largest plot.
According to HM Land Registry, 2, Merridale Grove, Wolverhampton was last sold on 18th January 2013 for £585,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2013, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Merridale Grove, Wolverhampton within a radius of 670 metres over the last 2 years.
The most recent example is 1, Waterdale, Wolverhampton, WV3 9DY, a freehold house which sold for £675,000 on the 29th November 2019.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merridale Grove, Wolverhampton, WV3 has a total of 8 addresses. According to our analysis of all the public data, 2, Merridale Grove, Wolverhampton is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £597k more expensive than the average property in WV3.
The closest station to 2, Merridale Grove, Wolverhampton is Wolverhampton station which is 2.6 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 2, Merridale Grove, Wolverhampton, 54.4% of property is privately owned outright and 34.2% is privately owned with a mortgage.
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 2, Merridale Grove, Wolverhampton, 21.7% of residents are recorded as possessing school level qualifications and 44.1% 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 2, Merridale Grove, Wolverhampton, the average age was 45.1 and the most common age was 47.
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 2, Merridale Grove, Wolverhampton, 2.3% 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 2, Merridale Grove, Wolverhampton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
