6, NEEDWOOD CLOSE, WOLVERHAMPTON, WV2 4PP - £40,000

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.

6 NEEDWOOD CLOSE is a flat, which could now be worth an estimated £108,206. It was last sold for £40,000 in February 2002, which was around 4% below the average February 2002 flat price in the Wolverhampton local authority area.

6 NEEDWOOD CLOSE Sold Prices

Land registry data shows one sale for 6 NEEDWOOD CLOSE 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
2002 1 FEB	£40,000	£41,585	4% below HPI

What might 6 NEEDWOOD CLOSE be worth now?

6 NEEDWOOD CLOSE might now be worth an estimated £108,206.

This is based on house price inflation of 170.5%, between February 2002 and April 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 170.5% inflationary increase is applied to the most recent sale price for 6 NEEDWOOD CLOSE of £40,000 on 1st February 2002. For the value to have increased from £40,000 to £108,206 over the 23 years and ten months to April 2026, the following assumptions must hold true:

• The value of 6 NEEDWOOD CLOSE has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The February 2002 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 6 NEEDWOOD CLOSE has not materially changed since February 2002.

Where is 6 NEEDWOOD CLOSE?

6 NEEDWOOD CLOSE is located in WOLVERHAMPTON, in the WV2 postcode district.