18 Melrose Drive

    18, MELROSE DRIVE, WOLVERHAMPTON, WV6 7XQ

    This semi-detached freehold property on Melrose Drive last sold in May 2009 for £95,000. Based on price growth in the WV6 district since then, its estimated current value is £174,748 — placing it in the 18th percentile nationally and the 19th percentile within WV6. The property covers 39 m² (420 sq ft), giving an estimated value of £4,481 per m². The EPC rating is E, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £95,000

    May 2009

    Estimated Valuation

    £174,748

    Est. £/sq ft

    £416/sq ft

    £4,481/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialA
    Floor area420 sq ft (39 m²)
    EPC dateMay 2018
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 May 2009

    £95,000

    20 Sept 2004

    £92,500

    25 Oct 2002

    £70,000

    19 May 1995

    £33,750

    Key Metrics

    Estimated valuation£174,748
    Value per sq ft / m²£416/sq ft (£4,481/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile19th percentile
    National percentile18th 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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