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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
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According to the public record, Flat 2, 125, Merridale Road, Wolverhampton is a period apartment with 365 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 Flat 2, 125, Merridale Road, Wolverhampton is £80,041 and the estimated rental value is £583 per month.
The apartment is within 125, Merridale Road, Wolverhampton, WV3.
Merridale Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
Flat 2, 125, Merridale Road, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated December 2016.
We combine this information with public data of neighbouring properties to estimate the property 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 Flat 2, 125, Merridale Road, Wolverhampton is in very good condition we estimate a sale value of £84,043 and a rental value of £612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,438 and a rental value of £542 per month.
Over the last 12 months the sale value of Flat 2 125 Merridale Road Wolverhampton has increased by an estimated £637 (0.8%) and its rental value has increased by an estimated £17 per month (3.0%), giving an expected gross yield of 8.7%.
Flat 2, 125, Merridale Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Dec 2016.
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 Flat 2, 125, Merridale Road, Wolverhampton within a radius of 500 metres over the last 2 years.
The most recent example is Flat 1, 67, Compton Road, Wolverhampton, WV3 9QZ, a leasehold flat which sold for £277,500 on the 12th February 2021.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merridale Road, Wolverhampton, WV3 has a total of 349 addresses. According to our analysis of all the public data, Flat 2, 125, Merridale Road, Wolverhampton is the 237th largest and the 263rd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in WV3.
The closest station to Flat 2, 125, Merridale Road, Wolverhampton is Wolverhampton station which is 2.0 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 Flat 2, 125, Merridale Road, Wolverhampton, 54.7% of property is privately rented and 22.2% 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 Flat 2, 125, Merridale Road, Wolverhampton, 19.8% of residents are recorded as possessing school level qualifications and 26.9% 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 Flat 2, 125, Merridale Road, Wolverhampton, the average age was 34.4 and the most common age was 22.
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 Flat 2, 125, Merridale Road, Wolverhampton, 0.8% 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 Flat 2, 125, Merridale Road, Wolverhampton, 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.
