2 Melbourne Gardens

    2, MELBOURNE GARDENS, WALSALL, WS5 3NY

    This detached freehold property on Melbourne Gardens last sold in October 2016 for £485,000. Based on price growth in the WS5 district since then, its estimated current value is £663,951 — placing it in the 89th percentile nationally and the 96th percentile within WS5. The property covers 183 m² (1,970 sq ft), giving an estimated value of £3,628 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,970 sq ft

    183 m²

    Last Sale Price

    £485,000

    Oct 2016

    Estimated Valuation

    £663,951

    Est. £/sq ft

    £337/sq ft

    £3,628/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,970 sq ft (183 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Oct 2016

    £485,000

    Key Metrics

    Estimated valuation£663,951
    Value per sq ft / m²£337/sq ft (£3,628/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WS5 district percentile96th percentile
    National percentile89th percentile

    District Context — WS5

    WS5 covers parts of the Wolverhampton area in the West Midlands, situated in the central-southern section of the region. It offers a mixed residential character with a strong community focus and relatively affordable property access compared to many UK postcodes.

    Average Property Price - WS5

    £307,822

    44

    National percentile

    Average Net Household Income - WS5

    £38,070

    49

    National percentile

    10-Year Annualised Price Growth - WS5

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - WS

    4.6%

    84

    National percentile

    View full analysis for WS5

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