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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 641, Parkfield Road, Wolverhampton is £103,201 and the estimated rental value is £614 per month.
Parkfield Road, Wolverhampton, WV4 is located in the borough of City of Wolverhampton within the WV4 postal district.
641, Parkfield Road, Wolverhampton has 51 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 641, Parkfield Road, Wolverhampton is in very good condition we estimate a sale value of £108,362 and a rental value of £645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,977 and a rental value of £571 per month.
Over the last 12 months the sale value of 641 Parkfield Road Wolverhampton has increased by an estimated £2,609 (2.5%) and its rental value has increased by an estimated £26 per month (4.2%), giving an expected gross yield of 7.1%.
According to data from HM Land Registry, 641, Parkfield Road, Wolverhampton sits on a plot of 167m2.
We have plot size data on 39 out of 45 other houses in the postcode and 641, Parkfield Road, Wolverhampton sits on the 20th largest plot.
641, Parkfield Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 641, Parkfield Road, Wolverhampton was last sold on 22nd June 2018 for £60,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since June 2018, the market for similar properties has risen 137.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 641, Parkfield Road, Wolverhampton within a radius of 500 metres over the last 2 years.
The most recent example is 616, Parkfield Road, Wolverhampton, WV4 6EH, a freehold house which sold for £90,000 on the 17th August 2023.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkfield Road, Wolverhampton, WV4 has a total of 272 addresses. According to our analysis of all the public data, 641, Parkfield Road, Wolverhampton is the 192nd largest and the 189th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in WV4.
The closest station to 641, Parkfield Road, Wolverhampton is Wolverhampton station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 641, Parkfield Road, Wolverhampton, 27.0% of property is socially rented and 27.0% is privately rented.
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 641, Parkfield Road, Wolverhampton, 25.3% of residents are recorded as possessing school level qualifications and 18.8% 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 641, Parkfield Road, Wolverhampton, the average age was 35.3 and the most common age was 32.
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 641, Parkfield Road, Wolverhampton, 0.5% 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 641, Parkfield Road, Wolverhampton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.