7 Melrose Drive

    7, MELROSE DRIVE, WOLVERHAMPTON, WV6 7XH

    This semi-detached freehold property on Melrose Drive last sold in July 2011 for £125,000. Based on price growth in the WV6 district since then, its estimated current value is £244,881 — placing it in the 36th percentile nationally and the 40th percentile within WV6. The property covers 53 m² (570 sq ft), giving an estimated value of £4,620 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £125,000

    Jul 2011

    Estimated Valuation

    £244,881

    Est. £/sq ft

    £429/sq ft

    £4,620/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2011

    £125,000

    6 Mar 2003

    £97,500

    27 Mar 2000

    £56,500

    Key Metrics

    Estimated valuation£244,881
    Value per sq ft / m²£429/sq ft (£4,620/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile40th percentile
    National percentile36th percentile

    District Context — WV6

    WV6 covers parts of Wolverhampton and surrounding areas in the West Midlands, positioned in the central belt of the region. It is a mixed residential neighbourhood with a diverse community and moderate housing demand.

    Average Property Price - WV6

    £308,353

    44

    National percentile

    Average Net Household Income - WV6

    £28,768

    6

    National percentile

    10-Year Annualised Price Growth - WV6

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV6

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