750, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £60,000

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.

750 PARKFIELD ROAD is a small flat of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £83,325. It was last sold for £60,000 in June 2017, which was around 26% below the average June 2017 flat price in the Wolverhampton local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

750 PARKFIELD ROAD Sold Prices

Land registry data shows four sales for 750 PARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. two of the four 750 PARKFIELD ROAD sales were for below the average price, and four were for above 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
2017 30 JUN	£60,000	£81,472	26% below HPI
2015 9 JAN	£46,250	£71,452	35% below HPI
2001 13 FEB	£36,000	£33,810	6% above HPI
1998 11 SEP	£32,000	£27,586	16% above HPI

What might 750 PARKFIELD ROAD be worth now?

750 PARKFIELD ROAD might now be worth an estimated £83,325.

This is based on house price inflation of 38.9%, between June 2017 and May 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 38.9% inflationary increase is applied to the most recent sale price for 750 PARKFIELD ROAD of £60,000 on 30th June 2017. For the value to have increased from £60,000 to £83,325 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 750 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The June 2017 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 750 PARKFIELD ROAD has not materially changed since June 2017.

How Large is 750 PARKFIELD ROAD?

750 PARKFIELD ROAD is 53m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of flats in Wolverhampton, based on EPC data. 37% of flats are smaller than 750 PARKFIELD ROAD, and 61% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

750 PARKFIELD ROAD: Plot

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

Where is 750 PARKFIELD ROAD?

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