7 Merstone Close

    7, MERSTONE CLOSE, BILSTON, WV14 0LR

    This flat/maisonette leasehold property on Merstone Close last sold in July 2016 for £58,000. Based on price growth in the WV14 district since then, its estimated current value is £87,394 — placing it in the 2nd percentile nationally and the 4th percentile within WV14. The property covers 43 m² (463 sq ft), giving an estimated value of £2,032 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £58,000

    Jul 2016

    Estimated Valuation

    £87,394

    Est. £/sq ft

    £189/sq ft

    £2,032/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateNov 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Jul 2016

    £58,000

    8 Jun 2001

    £28,500

    Key Metrics

    Estimated valuation£87,394
    Value per sq ft / m²£189/sq ft (£2,032/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV14 district percentile4th percentile
    National percentile2nd 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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