Melbourne House Oldbury Wells

    MELBOURNE HOUSE, OLDBURY WELLS, BRIDGNORTH, WV16 5JE

    This detached freehold property on Oldbury Wells last sold in March 2021 for £405,000. Based on price growth in the WV16 district since then, its estimated current value is £429,130 — placing it in the 71st percentile nationally and the 77th percentile within WV16. The property covers 164 m² (1,765 sq ft), giving an estimated value of £2,617 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,765 sq ft

    164 m²

    Last Sale Price

    £405,000

    Mar 2021

    Estimated Valuation

    £429,130

    Est. £/sq ft

    £243/sq ft

    £2,617/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,765 sq ft (164 m²)
    EPC dateMay 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2021

    £405,000

    Key Metrics

    Estimated valuation£429,130
    Value per sq ft / m²£243/sq ft (£2,617/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV16 district percentile77th percentile
    National percentile71st percentile

    District Context — WV16

    WV16 covers Bridgnorth and surrounding areas in south Shropshire, situated on the Welsh border in the West Midlands region. It is a semi-rural district characterised by market town amenities, countryside appeal, and established residential communities.

    Average Property Price - WV16

    £309,660

    45

    National percentile

    Average Net Household Income - WV16

    £35,440

    34

    National percentile

    10-Year Annualised Price Growth - WV16

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV16

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