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Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Park Road East, Wolverhampton is £436,287 and the estimated rental value is £1,849 per month.
Park Road East, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
42, Park Road East, Wolverhampton has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 42, Park Road East, Wolverhampton is in very good condition we estimate a sale value of £458,102 and a rental value of £1,942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,747 and a rental value of £1,720 per month.
Over the last 12 months the sale value of 42 Park Road East Wolverhampton has decreased by an estimated £2,330 (0.5%) and its rental value has increased by an estimated £29 per month (1.6%), giving an expected gross yield of 5.1%.
42, Park Road East, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Park Road East, Wolverhampton within a radius of 580 metres over the last 2 years.
The most recent example is Summerfield House, Summerfield Road, Wolverhampton, WV1 4PR, a freehold house which sold for £560,000 on the 14th March 2023.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road East, Wolverhampton, WV1 has a total of 41 addresses. According to our analysis of all the public data, 42, Park Road East, Wolverhampton is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £232k more expensive than the average property in WV1.
The closest station to 42, Park Road East, Wolverhampton is Wolverhampton station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 42, Park Road East, Wolverhampton, 46.1% of property is privately rented and 23.6% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 42, Park Road East, Wolverhampton, 20.9% of residents are recorded as possessing school level qualifications and 32.2% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 42, Park Road East, Wolverhampton, the average age was 38.8 and the most common age was 27.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 42, Park Road East, Wolverhampton, 0.9% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 42, Park Road East, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.