761, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £56,000

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.

761 PARKFIELD ROAD is a small flat of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £75,526. It was last sold for £56,000 in October 2017, which was around 33% below the average October 2017 flat price in the Wolverhampton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

761 PARKFIELD ROAD Sold Prices

Land registry data shows three sales for 761 PARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. One of the three 761 PARKFIELD ROAD sales was for below the average price, whilst two 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 18 OCT	£56,000	£83,410	33% below HPI
2005 12 APR	£83,500	£76,302	9% above HPI
1996 16 JUL	£32,000	£26,271	22% above HPI

What might 761 PARKFIELD ROAD be worth now?

761 PARKFIELD ROAD might now be worth an estimated £75,526.

This is based on house price inflation of 34.9%, between October 2017 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 34.9% inflationary increase is applied to the most recent sale price for 761 PARKFIELD ROAD of £56,000 on 18th October 2017. For the value to have increased from £56,000 to £75,526 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 761 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The October 2017 sale price of £56,000 represented a fair market value for the property.
• The size, condition, and specification of 761 PARKFIELD ROAD has not materially changed since October 2017.

How Large is 761 PARKFIELD ROAD?

761 PARKFIELD ROAD is 53m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of flats in Wolverhampton, based on EPC data. 37% of flats are smaller than 761 PARKFIELD ROAD, and 61% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

761 PARKFIELD ROAD: Plot

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

Where is 761 PARKFIELD ROAD?

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