28 Melrose Drive

    28, MELROSE DRIVE, WOLVERHAMPTON, WV6 7XQ

    This flat/maisonette leasehold property on Melrose Drive last sold in January 2017 for £50,000. Based on price growth in the WV6 district since then, its estimated current value is £60,798 — placing it in the 0th percentile nationally and the 1st percentile within WV6. The property covers 24 m² (258 sq ft), giving an estimated value of £2,533 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

    £50,000

    Jan 2017

    Estimated Valuation

    £60,798

    Est. £/sq ft

    £235/sq ft

    £2,533/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area258 sq ft (24 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    20 Jan 2017

    £50,000

    4 Dec 2013

    £45,000

    23 May 2005

    £59,500

    10 Aug 2001

    £27,000

    Key Metrics

    Estimated valuation£60,798
    Value per sq ft / m²£235/sq ft (£2,533/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile1st 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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