FLAT 1, 38, MERRIDALE ROAD, WOLVERHAMPTON, WV3 9SB - £110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 1 38 MERRIDALE ROAD is a large extended flat of 65m², built sometime before 1900, which could now be worth an estimated £141,836. It was last sold for £110,000 in June 2007, which was around 25% above the average June 2007 flat price in the Wolverhampton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 38 MERRIDALE ROAD Sold Prices

Land registry data shows two sales for FLAT 1 38 MERRIDALE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. Both of the two FLAT 1 38 MERRIDALE ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 8 JUN	£110,000	£87,748	25% above HPI
2002 19 APR	£55,000	£41,915	31% above HPI

What might FLAT 1 38 MERRIDALE ROAD be worth now?

FLAT 1 38 MERRIDALE ROAD might now be worth an estimated £141,836.

This is based on house price inflation of 28.9%, between June 2007 and May 2026, for flats, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for FLAT 1 38 MERRIDALE ROAD of £110,000 on 8th June 2007. For the value to have increased from £110,000 to £141,836 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of FLAT 1 38 MERRIDALE ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The June 2007 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 38 MERRIDALE ROAD has not materially changed since June 2007.

How Large is FLAT 1 38 MERRIDALE ROAD?

FLAT 1 38 MERRIDALE ROAD is 65m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 30% of flats in Wolverhampton, based on EPC data. 72% of flats are smaller than FLAT 1 38 MERRIDALE ROAD, and 25% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

FLAT 1 38 MERRIDALE ROAD: Plot

FLAT 1 38 MERRIDALE ROAD sits on a plot of roughly 0.043 of an acre, or 174m².

Where is FLAT 1 38 MERRIDALE ROAD?

FLAT 1, 38 MERRIDALE ROAD is located in WOLVERHAMPTON, in the WV3 postcode district.