773, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £57,000

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.

773 PARKFIELD ROAD is a small flat of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £73,637. It was last sold for £57,000 in August 2019, which was around 35% below the average August 2019 flat price in the Wolverhampton local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was C.

773 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 773 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. One of the two 773 PARKFIELD ROAD sales was for below the average price, whilst the other was 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
2019 28 AUG	£57,000	£87,581	35% below HPI
2002 11 JAN	£41,750	£40,745	2% above HPI

What might 773 PARKFIELD ROAD be worth now?

773 PARKFIELD ROAD might now be worth an estimated £73,637.

This is based on house price inflation of 29.2%, between August 2019 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 29.2% inflationary increase is applied to the most recent sale price for 773 PARKFIELD ROAD of £57,000 on 28th August 2019. For the value to have increased from £57,000 to £73,637 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 773 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The August 2019 sale price of £57,000 represented a fair market value for the property.
• The size, condition, and specification of 773 PARKFIELD ROAD has not materially changed since August 2019.

How Large is 773 PARKFIELD ROAD?

773 PARKFIELD ROAD is 49m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of flats in Wolverhampton, based on EPC data. 27% of flats are smaller than 773 PARKFIELD ROAD, and 71% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

773 PARKFIELD ROAD: Plot

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

Where is 773 PARKFIELD ROAD?

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