38 Merstone Close

    38, MERSTONE CLOSE, BILSTON, WV14 0LR

    This flat/maisonette leasehold property on Merstone Close last sold in May 2016 for £52,000. Based on price growth in the WV14 district since then, its estimated current value is £78,353 — placing it in the 1st percentile nationally and the 3rd percentile within WV14. The property covers 62 m² (667 sq ft), giving an estimated value of £1,264 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £52,000

    May 2016

    Estimated Valuation

    £78,353

    Est. £/sq ft

    £117/sq ft

    £1,264/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJun 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 May 2016

    £52,000

    Key Metrics

    Estimated valuation£78,353
    Value per sq ft / m²£117/sq ft (£1,264/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV14 district percentile3rd percentile
    National percentile1st percentile

    District Context — WV14

    WV14 covers Wolverhampton's south-western neighbourhoods, including Tettenhall and surrounding areas. It is a long-established residential district with strong community connections and good local amenities.

    Average Property Price - WV14

    £209,202

    15

    National percentile

    Average Net Household Income - WV14

    £31,949

    14

    National percentile

    10-Year Annualised Price Growth - WV14

    6.0%

    97

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV14

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