26 Melrose Drive

    26, MELROSE DRIVE, WOLVERHAMPTON, WV6 7XQ

    This flat/maisonette leasehold property on Melrose Drive last sold in September 2013 for £37,500. Based on price growth in the WV6 district since then, its estimated current value is £50,074 — placing it in the 0th percentile nationally and the 0th percentile within WV6. The property covers 24 m² (258 sq ft), giving an estimated value of £2,086 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    258 sq ft

    24 m²

    Last Sale Price

    £37,500

    Sept 2013

    Estimated Valuation

    £50,074

    Est. £/sq ft

    £194/sq ft

    £2,086/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area258 sq ft (24 m²)
    EPC dateNov 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 Sept 2013

    £37,500

    27 Oct 2000

    £26,500

    Key Metrics

    Estimated valuation£50,074
    Value per sq ft / m²£194/sq ft (£2,086/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile0th percentile
    National percentile0th 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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