157, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EP - £87,500

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.

157 PARKFIELD ROAD is a terraced house, which could now be worth an estimated £128,397. It was last sold for £87,500 in August 2019, which was around 31% below the average August 2019 terraced price in the Wolverhampton local authority area.

157 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 157 PARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 157 PARKFIELD ROAD sales were for below 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
2019 21 AUG	£87,500	£126,281	31% below HPI
2005 17 JUN	£80,000	£94,435	15% below HPI

What might 157 PARKFIELD ROAD be worth now?

157 PARKFIELD ROAD might now be worth an estimated £128,397.

This is based on house price inflation of 46.7%, between August 2019 and May 2026, for terraced houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.7% inflationary increase is applied to the most recent sale price for 157 PARKFIELD ROAD of £87,500 on 21st August 2019. For the value to have increased from £87,500 to £128,397 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 157 PARKFIELD ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The August 2019 sale price of £87,500 represented a fair market value for the property.
• The size, condition, and specification of 157 PARKFIELD ROAD has not materially changed since August 2019.

Where is 157 PARKFIELD ROAD?

157 PARKFIELD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district.