550 Parkfield Road

    550, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EL

    This terraced freehold property on Parkfield Road last sold in November 2022 for £137,000. Based on price growth in the WV4 district since then, its estimated current value is £156,231 — placing it in the 14th percentile nationally and the 15th percentile within WV4. The property covers 68 m² (732 sq ft), giving an estimated value of £2,298 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £137,000

    Nov 2022

    Estimated Valuation

    £156,231

    Est. £/sq ft

    £213/sq ft

    £2,298/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2022

    £137,000

    16 Sept 2016

    £66,000

    Key Metrics

    Estimated valuation£156,231
    Value per sq ft / m²£213/sq ft (£2,298/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile15th percentile
    National percentile14th percentile

    District Context — WV4

    WV4 covers central and eastern parts of Wolverhampton, including areas such as Bilston and Penn, situated in the West Midlands. The district offers a mix of residential neighbourhoods with good transport links and diverse housing stock, appealing to families and investors seeking affordable urban living.

    Average Property Price - WV4

    £257,731

    30

    National percentile

    Average Net Household Income - WV4

    £35,762

    36

    National percentile

    10-Year Annualised Price Growth - WV4

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV4

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