40 Melrose Drive

    40, MELROSE DRIVE, WOLVERHAMPTON, WOLVERHAMPTON, WV6 7XQ

    This flat/maisonette leasehold property on Melrose Drive last sold in December 2007 for £67,000. Based on price growth in the WV6 district since then, its estimated current value is £75,647 — placing it in the 1st percentile nationally and the 2nd percentile within WV6. The property covers 88 m² (947 sq ft), giving an estimated value of £860 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £67,000

    Dec 2007

    Estimated Valuation

    £75,647

    Est. £/sq ft

    £80/sq ft

    £860/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    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

    14 Dec 2007

    £67,000

    Key Metrics

    Estimated valuation£75,647
    Value per sq ft / m²£80/sq ft (£860/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile2nd percentile
    National percentile1st 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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