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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Merstone Close, Bilston is £195,333 and the estimated rental value is £909 per month.
Merstone Close, Bilston, WV14 is located in the borough of City of Wolverhampton within the WV14 postal district.
5, Merstone Close, Bilston has no records in the the Land Registry and a single entry in the EPC database dated December 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Merstone Close, Bilston is in very good condition we estimate a sale value of £205,100 and a rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,660 and a rental value of £845 per month.
Over the last 12 months the sale value of 5 Merstone Close Bilston has increased by an estimated £6,557 (3.4%) and its rental value has increased by an estimated £39 per month (4.3%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 5, Merstone Close, Bilston sits on a plot of 232m2.
We have plot size data on 10 out of 11 other houses in the postcode and 5, Merstone Close, Bilston sits on the 3rd largest plot.
5, Merstone Close, Bilston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Merstone Close, Bilston within a radius of 530 metres over the last 2 years.
The most recent example is 60, Albany Crescent, Bilston, WV14 0HU, a freehold house which sold for £165,000 on the 14th June 2024.
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, 5, Merstone Close, Bilston is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in WV14.
The closest station to 5, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, 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 5, 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 5, 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 5, 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 5, 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.