4 Melrose Drive

    4, MELROSE DRIVE, WOLVERHAMPTON, WV6 7XQ

    This semi-detached freehold property on Melrose Drive last sold in August 2022 for £238,500. Based on price growth in the WV6 district since then, its estimated current value is £263,940 — placing it in the 41st percentile nationally and the 48th percentile within WV6. The property covers 88 m² (947 sq ft), giving an estimated value of £2,999 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £238,500

    Aug 2022

    Estimated Valuation

    £263,940

    Est. £/sq ft

    £279/sq ft

    £2,999/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateJan 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2022

    £238,500

    31 Mar 2017

    £166,000

    Key Metrics

    Estimated valuation£263,940
    Value per sq ft / m²£279/sq ft (£2,999/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile48th percentile
    National percentile41st 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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