753, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £51,500

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.

753 PARKFIELD ROAD is a very small flat of 41m², built sometime between 1976 and 1982, which could now be worth an estimated £62,913. It was last sold for £51,500 in January 2021, which was around 44% below the average January 2021 flat price in the Wolverhampton local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was B.

753 PARKFIELD ROAD Sold Prices

Land registry data shows four sales for 753 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. Most of the four 753 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
2021 12 JAN	£51,500	£92,618	44% below HPI
2002 29 NOV	£44,995	£50,639	11% below HPI
2000 28 FEB	£29,950	£32,137	7% below HPI
1995 16 OCT	£29,300	£27,583	6% above HPI

What might 753 PARKFIELD ROAD be worth now?

753 PARKFIELD ROAD might now be worth an estimated £62,913.

This is based on house price inflation of 22.2%, between January 2021 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 22.2% inflationary increase is applied to the most recent sale price for 753 PARKFIELD ROAD of £51,500 on 12th January 2021. For the value to have increased from £51,500 to £62,913 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 753 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The January 2021 sale price of £51,500 represented a fair market value for the property.
• The size, condition, and specification of 753 PARKFIELD ROAD has not materially changed since January 2021.

How Large is 753 PARKFIELD ROAD?

753 PARKFIELD ROAD is 41m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of flats in Wolverhampton, based on EPC data. 11% of flats are smaller than 753 PARKFIELD ROAD, and 89% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

753 PARKFIELD ROAD: Plot

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

Where is 753 PARKFIELD ROAD?

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