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According to the public record, 56, Park Road West, Wolverhampton is a period freehold house with 1,453 ft2 of internal area and sits on a 528 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Park Road West, Wolverhampton is £283,638 and the estimated rental value is £1,294 per month.
Park Road West, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
56, Park Road West, Wolverhampton has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated March 2018.
We combine this information with that 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 56, Park Road West, Wolverhampton is in very good condition we estimate a sale value of £297,819 and a rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,783 and a rental value of £1,204 per month.
Over the last 12 months the sale value of 56 Park Road West Wolverhampton has increased by an estimated £2,899 (1.0%) and its rental value has increased by an estimated £49 per month (3.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 56, Park Road West, Wolverhampton sits on a plot of 528m2.
We have plot size data on 14 out of 24 other houses in the postcode and 56, Park Road West, Wolverhampton sits on the 2nd largest plot.
56, Park Road West, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Mar 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 56, Park Road West, Wolverhampton was last sold on 23rd April 2013 for £136,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2013, the market for similar properties has risen 46.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Park Road West, Wolverhampton within a radius of 490 metres over the last 2 years.
The most recent example is 90, Cranmore Road, Wolverhampton, WV3 9NN, a freehold house which sold for £230,000 on the 4th October 2024.
Read more about house prices in WV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road West, Wolverhampton, WV1 has a total of 88 addresses. According to our analysis of all the public data, 56, Park Road West, Wolverhampton is the 26th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in WV1.
The closest station to 56, Park Road West, Wolverhampton is Wolverhampton station which is 1.7 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Park Road West, Wolverhampton, 41.2% of property is privately rented and 24.7% 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 56, Park Road West, Wolverhampton, 20.7% of residents are recorded as possessing school level qualifications and 42.1% 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 56, Park Road West, 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 56, Park Road West, Wolverhampton, 1.7% 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 56, Park Road West, Wolverhampton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.