According to the public record, 61, Park Road East, Wolverhampton is a period house with 1,044 ft2 of internal area and sits on a 261 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Road East, Wolverhampton, WV1 is located in the borough of City of Wolverhampton within the WV1 postal district.
61, Park Road East, Wolverhampton has no records in the Land Registry database and a single entry in the EPC database dated August 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 61 Park Road East Wolverhampton as £264,292 and the rental value as £1,012 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 61 Park Road East Wolverhampton has increased by £7,278 (2.8%) and its rental value has increased by £71 per month (7.0%).
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 61, Park Road East, Wolverhampton is in very good condition we estimate a sale value of £277,506 and rental value of £1,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,791 and a rental value of £941 per month.
If you were able to purchase this property for the estimated value of £264,292, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,299 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 61, Park Road East, Wolverhampton sits on a plot of 261m2.
We have plot size data on 10 out of 14 other houses in the postcode and 61, Park Road East, Wolverhampton sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Park Road East, Wolverhampton within a radius of 480 metres over the last 2 years.
The most recent example is 33, Park Road West, Wolverhampton, WV1 4PN, a Freehold house which sold for £210,000 in Apr 2023.
Read more about house prices in WV1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road East, Wolverhampton, WV1 has a total of 40 addresses. According to our analysis of all the public data, 61, Park Road East, Wolverhampton is the 35th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in WV1.
61, Park Road East, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 61, Park Road East, Wolverhampton is Wolverhampton station which is 1.4 kilometres away.
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 61, Park Road East, Wolverhampton, 46.1% of property is privately rented and 23.6% is privately owned outright.
The graph below shows how this compares to Greater London 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 61, Park Road East, Wolverhampton, 20.9% of residents are recorded as possessing school level qualifications and 32.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 61, Park Road East, 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 61, Park Road East, Wolverhampton, 0.9% 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 61, Park Road East, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.