741, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £51,000

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.

741 PARKFIELD ROAD is a very small flat of 41m², built sometime between 1976 and 1982, which could now be worth an estimated £67,054. It was last sold for £51,000 in March 2019, which was around 40% below the average March 2019 flat price in the Wolverhampton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

741 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 741 PARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 741 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 22 MAR	£51,000	£85,561	40% below HPI
2012 8 JUN	£42,000	£69,704	40% below HPI

What might 741 PARKFIELD ROAD be worth now?

741 PARKFIELD ROAD might now be worth an estimated £67,054.

This is based on house price inflation of 31.5%, between March 2019 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 31.5% inflationary increase is applied to the most recent sale price for 741 PARKFIELD ROAD of £51,000 on 22nd March 2019. For the value to have increased from £51,000 to £67,054 over the six years and eleven months to April 2026, the following assumptions must hold true:

• The value of 741 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The March 2019 sale price of £51,000 represented a fair market value for the property.
• The size, condition, and specification of 741 PARKFIELD ROAD has not materially changed since March 2019.

How Large is 741 PARKFIELD ROAD?

741 PARKFIELD ROAD is 41m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. 10% of flats are smaller than 741 PARKFIELD ROAD, and 89% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

741 PARKFIELD ROAD: Plot

741 PARKFIELD ROAD sits on a plot of roughly 0.926 of an acre, or 3,748m².

Where is 741 PARKFIELD ROAD?

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