52 Melrose Drive

    52, MELROSE DRIVE, WOLVERHAMPTON, WV6 7XQ

    This flat/maisonette leasehold property on Melrose Drive last sold in June 2023 for £90,000. Based on price growth in the WV6 district since then, its estimated current value is £78,485 — placing it in the 1st percentile nationally and the 2nd percentile within WV6. The property covers 38 m² (409 sq ft), giving an estimated value of £2,065 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £90,000

    Jun 2023

    Estimated Valuation

    £78,485

    Est. £/sq ft

    £192/sq ft

    £2,065/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateOct 2023
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2023

    £90,000

    27 Aug 2020

    £77,000

    Key Metrics

    Estimated valuation£78,485
    Value per sq ft / m²£192/sq ft (£2,065/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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