Flat 3, Merridale Court
Flat 3, Merridale Court
Description & Estimates
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.
Our Data Sources
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.
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 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.
Recent Market Change
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%.
Energy Efficiency
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.
Similar Properties Sold Nearby
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.
- Sold Aug 2022£300,000 | 1 Bed Flat3, Merridale LaneFlat 1, 3, Merridale Lane, Wolverhampton, WV3 9RD
- Sold Feb 2021£277,500 | 1 Bed Flat67, Compton RoadFlat 1, 67, Compton Road, Wolverhampton, WV3 9QZ
- Sold Jul 2012£40,000 | 1 Bed FlatMerridale Court, Merridale RoadFlat 119, Merridale Court, Merridale Road, Wolverhampton, WV3 9LF
•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 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.
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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
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Public Transport Nearby
From Flat 3, 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.
