762, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £57,500

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.

762 PARKFIELD ROAD is a small flat of 53m², built sometime between 1967 and 1975, which could now be worth an estimated £59,688. It was last sold for £57,500 in July 2023, which was around 47% below the average July 2023 flat price in the Wolverhampton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

762 PARKFIELD ROAD Sold Prices

Land registry data shows four sales for 762 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 762 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
2023 3 JUL	£57,500	£108,370	47% below HPI
2006 31 MAR	£80,000	£82,390	3% below HPI
2001 9 NOV	£41,000	£38,275	7% above HPI
1996 1 MAR	£28,000	£26,200	7% above HPI

What might 762 PARKFIELD ROAD be worth now?

762 PARKFIELD ROAD might now be worth an estimated £59,688.

This is based on house price inflation of 3.8%, between July 2023 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 3.8% inflationary increase is applied to the most recent sale price for 762 PARKFIELD ROAD of £57,500 on 3rd July 2023. For the value to have increased from £57,500 to £59,688 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 762 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The July 2023 sale price of £57,500 represented a fair market value for the property.
• The size, condition, and specification of 762 PARKFIELD ROAD has not materially changed since July 2023.

How Large is 762 PARKFIELD ROAD?

762 PARKFIELD ROAD is 53m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of flats in Wolverhampton, based on EPC data. 37% of flats are smaller than 762 PARKFIELD ROAD, and 61% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

762 PARKFIELD ROAD: Plot

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

Where is 762 PARKFIELD ROAD?

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