38 Melia Drive

    38, MELIA DRIVE, WEDNESBURY, WEDNESBURY, WS10 0QE

    This terraced leasehold property on Melia Drive last sold in April 2008 for £84,908. Based on price growth in the WS10 district since then, its estimated current value is £134,136 — placing it in the 9th percentile nationally and the 16th percentile within WS10. The property covers 116 m² (1,249 sq ft), giving an estimated value of £1,156 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £84,908

    Apr 2008

    Estimated Valuation

    £134,136

    Est. £/sq ft

    £107/sq ft

    £1,156/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,249 sq ft (116 m²)
    EPC dateFeb 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Apr 2008

    New build

    £84,908

    Key Metrics

    Estimated valuation£134,136
    Value per sq ft / m²£107/sq ft (£1,156/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WS10 district percentile16th percentile
    National percentile9th percentile

    District Context — WS10

    WS10 covers the Wednesbury area in the West Midlands, located between Birmingham and Wolverhampton in the industrial heartland of the region. It is a residential district with strong working-class roots and a mix of established neighbourhoods alongside newer developments.

    Average Property Price - WS10

    £202,922

    13

    National percentile

    Average Net Household Income - WS10

    £31,580

    12

    National percentile

    10-Year Annualised Price Growth - WS10

    6.2%

    97

    National percentile

    10-Year Annualised Rent Growth - WS

    4.6%

    84

    National percentile

    View full analysis for WS10

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