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According to the public record, 8, Merridale Avenue, Wolverhampton is a early-century freehold house with 1,216 ft2 of internal area and sits on a 325 m2 plot.
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 8, Merridale Avenue, Wolverhampton is £292,552 and the estimated rental value is £1,165 per month.
Merridale Avenue, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
8, Merridale Avenue, Wolverhampton has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 8, Merridale Avenue, Wolverhampton is in very good condition we estimate a sale value of £307,180 and a rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,073 and a rental value of £1,083 per month.
Over the last 12 months the sale value of 8 Merridale Avenue Wolverhampton has increased by an estimated £2,990 (1.0%) and its rental value has increased by an estimated £44 per month (3.8%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 8, Merridale Avenue, Wolverhampton sits on a plot of 325m2.
We have plot size data on 28 out of 28 other houses in the postcode and 8, Merridale Avenue, Wolverhampton sits on the 5th largest plot.
8, Merridale Avenue, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2016.
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, 8, Merridale Avenue, Wolverhampton was last sold on 11th November 2016 for £163,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Merridale Avenue, Wolverhampton within a radius of 500 metres over the last 2 years.
The most recent example is 8, Rupert Street, Wolverhampton, WV3 9NS, a freehold house which sold for £297,000 on the 16th August 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merridale Avenue, Wolverhampton, WV3 has a total of 28 addresses. According to our analysis of all the public data, 8, Merridale Avenue, Wolverhampton is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in WV3.
The closest station to 8, Merridale Avenue, Wolverhampton is Wolverhampton station which is 2.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 8, Merridale Avenue, Wolverhampton, 43.2% of property is privately owned outright and 30.4% 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 8, Merridale Avenue, Wolverhampton, 20.0% of residents are recorded as possessing school level qualifications and 38.5% 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 8, Merridale Avenue, 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 8, Merridale Avenue, Wolverhampton, 0.4% 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 8, Merridale Avenue, Wolverhampton, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
