8 Merstone Close, Bilston, WV14 0LR is a leasehold flat built between 1991-1995. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £62,102 , which equates to approximately £111 per square foot. It was last sold on 5 Feb 2003 for £29,500. Since then, the value has increased by £32,602, representing a 110.5% increase, or approximately 4.8% per year.

The current estimated value of £62,102 is:

  • 43.5% lower than the average property price on Merstone Close
  • 37.0% lower than the average in the WV14 0LR postcode area
  • and 71.4% lower than the average price for Bilston as a whole

View sold house prices in WV14 0LR

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£62,102
Price Per sq ft (estimate)
£111
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Merstone Close, Bilston, Wolverhampton, West Midlands, WV14 0LR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 5 May 2012.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed secondary glazing.

The previous EPC assessment was conducted on 14 Mar 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 30.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The windows were upgraded from single glazed to single glazedsecondary glazing.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 46% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazedsecondary glazing
Very Poor
Lighting
Low energy lighting in 46% of fixed outlets
Good

Compared to WV14 0LR

26 th / 30
Price Rank
37% lower than average
10 th / 25
Size Rank
6% bigger than average
23 rd / 25
Price Per Sq FT Rank
40% lower than average

Compared to other properties in WV14 0LR , this flat's estimated value ranks 26th out of 30. Based on price per square foot, it ranks 23th out of 25 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 25 properties in its postcode area.

Sale History

Today
£62,102
streetscan.co.uk estimate
+111 %
5 Feb 2003
£29,500
Leasehold

Area Insights

Similar Properties Sold Nearby

15 Merstone Close, Bilston, WV14 0LR
rooms: 3
size: 570 sq ft
sale price: £90,000
sale date: 10 Oct 2024
12 Merstone Close, Bilston, WV14 0LR
rooms: 3
size: 581 sq ft
sale price: £68,000
sale date: 16 Aug 2024
18 Merstone Close, Bilston, WV14 0LR
rooms: 3
size: 558 sq ft
sale price: £66,000
sale date: 9 Oct 2019
20 Merstone Close, Bilston, WV14 0LR
rooms: 3
size: 614 sq ft
sale price: £53,000
sale date: 3 Aug 2017
9 Merstone Close, Bilston, WV14 0LR
rooms: 3
size: 549 sq ft
sale price: £55,000
sale date: 18 Jul 2014

Data Sources

The property at 8 Merstone Close, Bilston, Wolverhampton, West Midlands, WV14 0LR appears once in the Land Registry records, with the transaction recorded on 5 Feb 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 May 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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