734 Parkfield Road, Wolverhampton, WV4 6EE is a leasehold flat built between 1996-2002. The property offers approximately 258 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £50,368 , which equates to approximately £195 per square foot. It was last sold on 2 May 2024 for £48,000. Since then, the value has increased by £2,368, representing a 4.9% increase, or approximately 3.1% per year.

The current estimated value of £50,368 is:

  • 60.9% lower than the average property price on Parkfield Road
  • 45.4% lower than the average in the WV4 6EE postcode area
  • and 83.3% lower than the average price for Wolverhampton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as owner-occupied and once as rented, indicating a change in how it was used over time.

At the most recent EPC inspection on 23 September 2022, the property was recorded as owner-occupied.

View sold house prices in WV4 6EE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
258 sq ft
Tenure
Leasehold
Price (estimate)
£50,368
Price Per sq ft (estimate)
£195
Bedroom Count (estimate)
1 bedroom

EPC Summary

734 Parkfield Road, Wolverhampton, West Midlands, WV4 6EE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Sep 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Apr 2021. The rating of D is unchanged, though the energy efficiency score decreased by 4.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to (another dwelling above), changing energy efficiency from average to n/a.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to WV4 6EE

50 th / 52
Price Rank
45% lower than average
38 th / 46
Size Rank
48% smaller than average
30 th / 46
Price Per Sq FT Rank
6% higher than average

Compared to other properties in WV4 6EE , this flat's estimated value ranks 50th out of 52. Based on price per square foot, it ranks 30th out of 46 properties. In terms of size, this home ranks 38th out of 46 properties in its postcode area.

Sale History

Today
£50,368
streetscan.co.uk estimate
+5 %
2 May 2024
£48,000
Leasehold
-5.9 %
27 Apr 2023
£51,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 258 sq ft
sale price: £44,000
sale date: 13 Jul 2022
rooms: 1
size: 269 sq ft
sale price: £45,000
sale date: 25 May 2022
rooms: 1
size: 258 sq ft
sale price: £36,000
sale date: 10 Jun 2020
rooms: 1
size: 258 sq ft
sale price: £40,500
sale date: 7 Nov 2008
rooms: 2
size: 258 sq ft
sale price: £41,500
sale date: 31 Oct 2008

Data Sources

The property at 734 Parkfield Road, Wolverhampton, WV4 6EE appears two times in the Land Registry records, with the latest transaction recorded on 2 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Sep 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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