Flat 28, Merridale Court
Flat 28, Merridale Court
Description & Estimates
Flat 28, Merridale Court, Wolverhampton is recorded publicly as a mid-century leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 28, Merridale Court, Wolverhampton is £83,939 and its rental estimate is £589 per month, given the available information and assuming reasonable condition.
Merridale Court, Merridale Road is a residential building on Merridale Road, Wolverhampton, WV3 and falls within the WV3 postal district and the borough of City of Wolverhampton.
Our Data Sources
Flat 28, Merridale Court, Wolverhampton has 2 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 28, Merridale Court, Wolverhampton, we estimate a market value of £88,136 and a rental value of £619 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £78,063 and £548 per month respectively.
Recent Market Change
Over the last year, Flat 28, Merridale Court, Wolverhampton has seen its estimated sale value grow by £1,377 (1.6%) and its estimated rental value climb by £19 per month (3.3%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 28, Merridale Court, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 28, Merridale Court, Wolverhampton completed on 22nd October 2019 at £68,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.9% over the period since October 2019.
- Sold Oct 2019£68,000
- Sold Sep 2011£53,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 28, Merridale Court, Wolverhampton have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2021, was Flat 34, Merridale Court, Merridale Road, Wolverhampton, WV3 9LD, a leasehold flat which sold for £75,100.
Read more about house prices in WV3.
- Sold Mar 2021£75,100 | 1 Bed FlatMerridale Court, Merridale RoadFlat 34, Merridale Court, Merridale Road, Wolverhampton, WV3 9LD
- Sold Jun 2018£70,500 | 1 Bed FlatMerridale Court, Merridale RoadFlat 80, Merridale Court, Merridale Road, Wolverhampton, WV3 9LE
- Sold Oct 2016£415,000 | 2 Bed Flat6, Merridale LaneFlat 1, 6, Merridale Lane, Wolverhampton, WV3 9RD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 349 addresses on Merridale Road, Wolverhampton, WV3, Flat 28, Merridale Court, Wolverhampton comes out as the 223rd largest and the 255th most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the WV3 district.
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Schools Nearby
- 200mMerridale Primary School
- 600mBantock Primary School
- 700mNishkam Primary School Wolverhampton
- 1.1kmWolverhampton Girls' High School
- 1.2kmSt Peter's Collegiate Academy
- 1.3kmSt Edmund's Catholic Academy
More reading links
Public Transport Nearby
From Flat 28, Merridale Court, Wolverhampton, the nearest station is Wolverhampton, 2.1 kilometres away.
- 2.1kmWolverhampton
- 5.3kmBilbrook
- 5.9kmCoseley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
