56, PARKER ROAD, WOLVERHAMPTON, WV11 2HL - £56,950

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.

56 PARKER ROAD is a semi-detached house, which could now be worth an estimated £195,893. It was last sold for £56,950 in May 2002, which was around 15% below the average May 2002 semi-detached price in the Wolverhampton local authority area.

56 PARKER ROAD Sold Prices

Land registry data shows two sales for 56 PARKER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 56 PARKER 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
2002 10 MAY	£56,950	£67,237	15% below HPI
1997 1 AUG	£39,000	£44,246	12% below HPI

What might 56 PARKER ROAD be worth now?

56 PARKER ROAD might now be worth an estimated £195,893.

This is based on house price inflation of 244%, between May 2002 and May 2026, for semi-detached 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 244% inflationary increase is applied to the most recent sale price for 56 PARKER ROAD of £56,950 on 10th May 2002. For the value to have increased from £56,950 to £195,893 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 56 PARKER ROAD has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The May 2002 sale price of £56,950 represented a fair market value for the property.
• The size, condition, and specification of 56 PARKER ROAD has not materially changed since May 2002.

Where is 56 PARKER ROAD?

56 PARKER ROAD is located in WOLVERHAMPTON, in the WV11 postcode district.