FLAT 2, 125, MERRIDALE ROAD, WOLVERHAMPTON, WV3 9RL - £125,000

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 2 125 MERRIDALE ROAD is a very small extended flat of 34m², built sometime between 1900 and 1929, which could now be worth an estimated £170,004. It was last sold for £125,000 in March 2018, which was around 50% above the average March 2018 flat price in the Wolverhampton local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 125 MERRIDALE ROAD Sold Prices

Land registry data shows one sale for FLAT 2 125 MERRIDALE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 20 MAR	£125,000	£83,192	50% above HPI

What might FLAT 2 125 MERRIDALE ROAD be worth now?

FLAT 2 125 MERRIDALE ROAD might now be worth an estimated £170,004.

This is based on house price inflation of 36%, between March 2018 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 36% inflationary increase is applied to the most recent sale price for FLAT 2 125 MERRIDALE ROAD of £125,000 on 20th March 2018. For the value to have increased from £125,000 to £170,004 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 125 MERRIDALE ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The March 2018 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 125 MERRIDALE ROAD has not materially changed since March 2018.

How Large is FLAT 2 125 MERRIDALE ROAD?

FLAT 2 125 MERRIDALE ROAD is 34m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. 2% of flats are smaller than FLAT 2 125 MERRIDALE ROAD, and 98% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

FLAT 2 125 MERRIDALE ROAD: Plot

FLAT 2 125 MERRIDALE ROAD sits on a plot of roughly 0.041 of an acre, or 166m².

Where is FLAT 2 125 MERRIDALE ROAD?

FLAT 2, 125 MERRIDALE ROAD is located in WOLVERHAMPTON, in the WV3 postcode district.