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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
According to the public record, Flat 9, 7-8, Merridale Lane, Wolverhampton is a period apartment with 161 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, 7-8, Merridale Lane, Wolverhampton is £51,272 and the estimated rental value is £392 per month.
The apartment is within 7, Merridale Lane, Wolverhampton, WV3.
Merridale Lane, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
Flat 9, 7-8, Merridale Lane, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated May 2017.
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 9, 7-8, Merridale Lane, Wolverhampton is in very good condition we estimate a sale value of £53,835 and a rental value of £412 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £47,683 and a rental value of £364 per month.
Over the last 12 months the sale value of Flat 9 7-8 Merridale Lane Wolverhampton has increased by an estimated £390 (0.8%) and its rental value has increased by an estimated £12 per month (3.1%), giving an expected gross yield of 9.2%.
Flat 9, 7-8, Merridale Lane, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 May 2017.
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 property sales within a 450 metres radius of Flat 9, 7-8, Merridale Lane, Wolverhampton over the last 2 years.
The most recent example is 4, Merridale Lane, Wolverhampton, WV3 9RD, a freehold house which sold for £213,000 on the 14th June 2024.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merridale Lane, Wolverhampton, WV3 has a total of 94 addresses. According to our analysis of all the public data, Flat 9, 7-8, Merridale Lane, Wolverhampton is the 91st largest and the 91st most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in WV3.
The closest station to Flat 9, 7-8, Merridale Lane, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, 7-8, Merridale Lane, Wolverhampton, 61.3% of property is privately rented and 20.2% 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 9, 7-8, Merridale Lane, Wolverhampton, 13.8% of residents are recorded as possessing school level qualifications and 41.6% 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 9, 7-8, Merridale Lane, Wolverhampton, the average age was 38.8 and the most common age was 27.
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 9, 7-8, Merridale Lane, Wolverhampton, 1.3% 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 9, 7-8, Merridale Lane, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
