Our Data Sources
38, Melrose Drive, Wolverhampton has 31 entries in the Land Registry, most recently in May 2007 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 5 out of 5 and is considered of high accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate 38, Melrose Drive, Wolverhampton would be worth £194,375, with a potential rental value of £1,056 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £172,161, with a rental value of £936 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Sold Prices
38, Melrose Drive, Wolverhampton last changed hands on 11th May 2007, selling for £64,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 73.9% since May 2007.
- Sold May 2007£64,000
- Sold Feb 2005£55,000
- Sold May 2001£23,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 18 sales of comparable properties within 530 metres of 38, Melrose Drive, Wolverhampton since 2009.
Most recently, 12, Jedburgh Avenue, Wolverhampton, WV6 7XR, a freehold house, sold at £120,000 on the 1st June 2023.
Read more about house prices in WV6.
- Sold Jun 2023£120,000 | 2 Bed House12, Jedburgh Avenue, Wolverhampton, WV6 7XR12, Jedburgh Avenue, Wolverhampton, WV6 7XR
- Sold Nov 2022£151,000 | 2 Bed House20, Melrose Drive, Wolverhampton, WV6 7XQ20, Melrose Drive, Wolverhampton, WV6 7XQ
- Sold Jul 2022£119,000 | 2 Bed House16, Jedburgh Avenue, Wolverhampton, WV6 7XR16, Jedburgh Avenue, Wolverhampton, WV6 7XR
- Sold Dec 2021£120,000 | 2 Bed House30, Livingstone Avenue, Wolverhampton, WV6 7TF30, Livingstone Avenue, Wolverhampton, WV6 7TF
- Sold Dec 2020£122,500 | 2 Bed House7, Coulter Grove, Wolverhampton, WV6 7UA7, Coulter Grove, Wolverhampton, WV6 7UA
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £142,851, ranging from £84,538 to £278,474.
- 40 Melrose Drive
2 Bed Flat | 0 m | Est. Value: £119,058
- 28 Melrose Drive
1 Bed Flat | 0 m | Est. Value: £84,538
- 30 Melrose Drive
1 Bed Flat | 0 m | Est. Value: £84,538
- 26 Melrose Drive
1 Bed Flat | 0 m | Est. Value: £84,538
- 34 Melrose Drive
1 Bed Flat | 0 m | Est. Value: £86,123
Location Comparison
Our analysis of the public data ranks 38, Melrose Drive, Wolverhampton as the 43rd largest and the 44th most expensive of the 60 addresses on Melrose Drive, Wolverhampton, WV6.
Against the WV6 postcode district average, it is £105k less expensive than the typical property.
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Schools Nearby
- Perton First School300 m away
- Perton Primary Academy600 m away
- Woodthorne Primary School1.4 km away
- St Regis Church of England Academy1.6 km away
- Smestow Academy2.2 km away
- St Edmund's Catholic Academy3.1 km away
More reading links
Public Transport Nearby
- Bilbrook|3.4 km away
- Codsall|3.5 km away
- Wolverhampton|6.0 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
