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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 26, Merstone Close, Bilston is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 26, Merstone Close, Bilston is £68,967 and the estimated rental value is £552 per month.
Merstone Close, Bilston, WV14 is located in the borough of City of Wolverhampton within the WV14 postal district.
26, Merstone Close, Bilston has 41 entries in the Land Registry , most recently in April 2011 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 26, Merstone Close, Bilston is in very good condition we estimate a sale value of £72,416 and a rental value of £580 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,140 and a rental value of £514 per month.
Over the last 12 months the sale value of 26 Merstone Close Bilston has increased by an estimated £688 (1.0%) and its rental value has increased by an estimated £13 per month (2.3%), giving an expected gross yield of 9.6%.
26, Merstone Close, Bilston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 26, Merstone Close, Bilston was last sold on 13th April 2011 for £55,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2011, the market for similar properties has risen 78.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Merstone Close, Bilston within a radius of 540 metres over the last 2 years.
The most recent example is 34, Merstone Close, Bilston, WV14 0LR, a leasehold flat which sold for £55,000 on the 27th September 2021.
Read more about house prices in WV14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merstone Close, Bilston, WV14 has a total of 36 addresses. According to our analysis of all the public data, 26, Merstone Close, Bilston is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in WV14.
The closest station to 26, Merstone Close, Bilston is Coseley station which is 2.5 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 26, Merstone Close, Bilston, 33.1% of property is privately rented and 29.1% 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 26, Merstone Close, Bilston, 11.8% of residents are recorded as possessing school level qualifications and 17.9% 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 26, Merstone Close, Bilston, the average age was 35.3 and the most common age was 32.
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 26, Merstone Close, Bilston, 0.6% 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 26, Merstone Close, Bilston, 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.
