38 Park Road East

    38, PARK ROAD EAST, WOLVERHAMPTON, WV1 4PZ

    This detached freehold property on Park Road East last sold in May 2023 for £408,000. Based on price growth in the WV1 district since then, its estimated current value is £534,884 — placing it in the 82nd percentile nationally and the 99th percentile within WV1. The property covers 334 m² (3,595 sq ft), giving an estimated value of £1,601 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,595 sq ft

    334 m²

    Last Sale Price

    £408,000

    May 2023

    Estimated Valuation

    £534,884

    Est. £/sq ft

    £149/sq ft

    £1,601/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms15
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area3,595 sq ft (334 m²)
    EPC dateNov 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 May 2023

    £408,000

    Key Metrics

    Estimated valuation£534,884
    Value per sq ft / m²£149/sq ft (£1,601/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV1 district percentile99th percentile
    National percentile82nd percentile

    District Context — WV1

    WV1 covers Wolverhampton city centre and its immediately surrounding neighbourhoods in the West Midlands. It is a densely populated urban area with a diverse, younger demographic and a high proportion of rental housing.

    Average Property Price - WV1

    £179,949

    7

    National percentile

    Average Net Household Income - WV1

    £30,667

    10

    National percentile

    10-Year Annualised Price Growth - WV1

    7.0%

    99

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV1

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