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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
Flat 3, Merridale Court, Wolverhampton is described in the public record as a mid-century apartment with 290 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 3, Merridale Court, Wolverhampton is £72,507 and its rental estimate is £509 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.
Flat 3, Merridale Court, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated February 2018.
We combine this information with public data 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.
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 3, Merridale Court, Wolverhampton, we estimate a market value of £76,132 and a rental value of £535 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,431 and £474 per month respectively.
Over the last year, Flat 3, Merridale Court, Wolverhampton has seen its estimated sale value grow by £1,190 (1.6%) and its estimated rental value climb by £17 per month (3.3%). This results in an estimated gross rental yield of 8.4%.
Flat 3, Merridale Court, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to Flat 3, 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 31st August 2022, was Flat 1, 3, Merridale Lane, Wolverhampton, WV3 9RD, a leasehold flat which sold for £300,000.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 349 addresses on Merridale Road, Wolverhampton, WV3, Flat 3, Merridale Court, Wolverhampton comes out as the 321st largest and the 343rd most expensive in our analysis of the public data.
It is also £133k less expensive than the average property across the WV3 district.
From Flat 3, Merridale Court, Wolverhampton, the nearest station is Wolverhampton, 2.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Merridale Court, Wolverhampton, 65.1% of property is socially rented and 21.1% is privately rented.
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 3, Merridale Court, Wolverhampton, 6.0% of residents are recorded as possessing school level qualifications and 24.4% 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 3, Merridale Court, 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 3, Merridale Court, Wolverhampton, 0.0% 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 3, Merridale Court, Wolverhampton, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
