Housing Market Analysis for PENN ROAD, WV4 4HU

Are you looking to understand WV4 4HU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Wolverhampton postcode.

For the location information and nearby amenities in the WV4 4HU area, explore the WV4 4HU Area information page.
For comprehensive crime statistics in the WV4 4HU area, explore the WV4 4HU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV4 4HU postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £116,788 median price is £117,500 Standard Deviation is £56,784 with Total Sold: 26
- The Last 5 Year average price is £208,000 with Total Sold: 4
- The most recent sale happened at this postcode is 538 PENN ROAD: £160,000 (Sold on 12 Apr 2022)
- The first recorded sale happened at this postcode is 534 PENN ROAD: £48,000 (Sold on 13 Sep 1996)
Terraced
- The average price is around £123,071 median price is £131,000 Standard Deviation is £37,256 with Total Sold: 7
- The most recent sale happened at this postcode is 528 PENN ROAD: £160,000 (Sold on 21 Jul 2017)
- The first recorded sale happened at this postcode is 512 PENN ROAD: £60,000 (Sold on 10 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average WV4 4HU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£202,500	£2,232	2
2021	£213,500	£2,344	2
2017	£166,000	£1,930	1
2016	£160,000	£1,530	1
2012	£124,999	£1,263	1
2009	£135,000	£1,552	1
2008	£170,000	£1,625	1
2007	£146,250	£1,250	2
2005	£100,000	£1,163	2
2004	£135,000	£1,766	2
2003	£100,000	£725	1
2001	£83,000		1
2000	£64,748	£762	2
1999	£61,665	£652	3
1998	£48,750		2
1997	£43,000	£411	1
1996	£48,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£160,000	£1,501	1
2013	£140,000	£1,489	1
2009	£139,333	£1,377	3
2001	£83,500		1
1997	£60,000		1

All the Sales in the PENN ROAD, WV4 4HU

See the table below for more details on the sold house prices in the WV4 4HU, Wolverhampton postcode.

Address	Sold Date	Price	% Change
538 PENN ROADSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1930-1949	12 Apr 2022	£160,000	28.00%
	26 Mar 2012	£124,999	First Sale
526 PENN ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1900-1929	14 Mar 2022	£245,000	47.59%
	29 Sep 2017	£166,000	50.91%
	05 Dec 2005	£110,000	22.22%
	28 Jul 2005	£90,000	First Sale
536 PENN ROADSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	26 Nov 2021	£222,000	64.44%
	14 Dec 2009	£135,000	First Sale
544 PENN ROADSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	16 Jul 2021	£205,000	First Sale
528 PENN ROADTerraced, FreeholdArea: 106.6 Sq.mtr	21 Jul 2017	£160,000	-6.98%
	23 Nov 2009	£172,000	49.57%
	02 Jun 2009	£115,000	First Sale
540 PENN ROADSemi-Detached, FreeholdArea: 104.6 Sq.mtrAge: 1930-1949	18 Feb 2016	£160,000	-5.88%
	17 Dec 2008	£170,000	295.35%
	16 Nov 1997	£43,000	First Sale
516 PENN ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1930-1949	01 Nov 2013	£140,000	First Sale
502 PENN ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1930-1949	17 Jul 2009	£131,000	First Sale
498 PENN ROADSemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1930-1949	28 Sep 2007	£150,000	First Sale
542 PENN ROADSemi-Detached, Freehold	13 Feb 2007	£142,500	First Sale
530 PENN ROADSemi-Detached, FreeholdArea: 78.78 Sq.mtrAge: 1900-1929	22 Jul 2004	£130,000	116.68%
	27 Sep 2000	£59,995	First Sale
524 PENN ROADSemi-Detached, FreeholdArea: 74.4 Sq.mtrAge: 1930-1949	30 Jun 2004	£140,000	133.35%
	30 Nov 1999	£59,995	First Sale
508 PENN ROADSemi-Detached, FreeholdArea: 138 Sq.mtrAge: 1930-1949	28 Feb 2003	£100,000	66.67%
	19 Feb 1999	£60,000	First Sale
550 PENN ROADSemi-Detached, Freehold	23 Nov 2001	£83,000	19.42%
	18 Feb 2000	£69,500	107.46%
	30 Jan 1998	£33,500	First Sale
512 PENN ROADTerraced, Freehold	02 Apr 2001	£83,500	39.17%
512 PENN ROADTerraced, Freehold	10 Feb 1997	£60,000	First Sale
534 PENN ROADSemi-Detached, Freehold	03 Dec 1999	£65,000	35.42%
534 PENN ROADSemi-Detached, Freehold	13 Sep 1996	£48,000	First Sale
552 PENN ROADSemi-Detached, Freehold	05 Jun 1998	£64,000	First Sale

Check out the sold house prices near the WV4 4HU postcode. Properties currently for saleProperties currently for rent

PENN ROAD, WV4 4HU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV4 4HU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the WV4 4HU postcode.

Detached
- The average price is around £236,464 median price is £204,500 Standard Deviation is £151,425 with Total Sold: 348
- The Last 5 Year average price is £391,255 with Total Sold: 67
- The most recent sale happened at this postcode is , 10 SHOWELL LANE: £560,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 25 SPRINGHILL GROVE: £11,000 (Sold on 31 Jan 1995)
Other
- The average price is around £709,130 median price is £80,000 Standard Deviation is £1,565,744 with Total Sold: 10
- The Last 5 Year average price is £330,325 with Total Sold: 4
- The most recent sale happened at this postcode is , THE ROYAL BRITISH LEGION PENN ROAD: £750,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 1A SPRINGHILL LANE: £20,000 (Sold on 06 Jun 2014)
Semi-Detached
- The average price is around £127,755 median price is £130,000 Standard Deviation is £60,089 with Total Sold: 1,119
- The Last 5 Year average price is £213,889 with Total Sold: 157
- The most recent sale happened at this postcode is , 490 PENN ROAD: £300,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 2 BRADEN ROAD: £41,500 (Sold on 28 Feb 1995)
Terraced
- The average price is around £130,547 median price is £130,000 Standard Deviation is £57,385 with Total Sold: 154
- The Last 5 Year average price is £191,065 with Total Sold: 23
- The most recent sale happened at this postcode is , 31 FOXHILLS ROAD: £235,000 (Sold on 30 Jan 2024)
- The first recorded sale happened at this postcode is , 106 HILSTON AVENUE: £49,000 (Sold on 14 Mar 1995)
Flat
- The average price is around £82,542 median price is £90,975 Standard Deviation is £28,088 with Total Sold: 38
- The Last 5 Year average price is £106,857 with Total Sold: 7
- The most recent sale happened at this postcode is FLAT 2, MAPLE COURT, 474 PENN ROAD: £110,000 (Sold on 22 Apr 2022)
- The first recorded sale happened at this postcode is FLAT 9, PENN CROFT, 456 PENN ROAD: £46,500 (Sold on 15 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,000		4
2023	£340,359	£3,167	11
2022	£471,042	£3,012	12
2021	£418,189	£3,269	18
2020	£361,139	£2,829	9
2019	£346,152	£2,661	13
2018	£300,818	£2,344	11
2017	£236,377	£2,240	13
2016	£265,750	£2,194	16
2015	£192,383	£1,912	12
2014	£231,049	£1,976	10
2013	£186,925	£1,755	14
2012	£176,961	£1,754	11
2011	£220,875	£1,990	12
2010	£350,375	£2,186	6
2009	£231,848	£1,767	10
2008	£246,625	£1,912	4
2007	£421,828	£2,559	18
2006	£217,942	£2,103	13
2005	£223,083	£1,954	6
2004	£236,242	£2,017	12
2003	£199,462	£1,740	17
2002	£140,782	£1,096	14
2001	£126,289	£1,193	19
2000	£121,977	£795	11
1999	£94,162	£706	12
1998	£92,295	£730	11
1997	£90,875	£772	12
1996	£81,318	£775	11
1995	£61,417	£292	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£750,000		1
2023	£14,000		1
2021	£5,800	£33	1
2020	£551,500		1
2017	£1,823,333	£84,921	3
2016	£80,000		1
2015	£200,000		1
2014	£20,000	£177	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£249,333	£3,151	6
2023	£254,115	£3,065	23
2022	£236,226	£2,721	31
2021	£211,420	£2,561	32
2020	£194,032	£2,189	30
2019	£180,871	£2,238	35
2018	£191,846	£2,200	28
2017	£170,965	£2,009	31
2016	£157,150	£1,871	29
2015	£154,223	£1,825	35
2014	£147,025	£1,661	38
2013	£135,589	£1,648	28
2012	£145,259	£1,867	21
2011	£143,519	£1,596	26
2010	£137,502	£1,663	32
2009	£140,608	£1,665	32
2008	£148,742	£1,584	30
2007	£167,226	£1,878	40
2006	£148,744	£1,716	54
2005	£129,287	£1,521	52
2004	£134,834	£1,589	58
2003	£116,815	£1,387	43
2002	£97,484	£1,074	44
2001	£85,296	£982	48
2000	£69,361	£813	44
1999	£60,387	£673	59
1998	£56,267	£652	44
1997	£52,511	£653	50
1996	£50,219	£569	56
1995	£50,595	£557	40

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£235,000		1
2023	£251,000	£2,498	2
2022	£226,000	£2,570	3
2021	£152,500	£1,768	2
2020	£185,444	£2,205	9
2019	£167,583	£2,019	6
2018	£192,000	£2,287	3
2017	£188,400	£1,854	5
2016	£168,500	£1,655	2
2015	£167,988	£1,823	4
2014	£144,492	£1,769	6
2013	£158,590	£1,682	5
2012	£154,667	£2,094	3
2011	£144,250	£1,698	4
2010	£147,650	£2,273	3
2009	£131,833	£1,556	9
2008	£138,500	£1,623	9
2007	£168,119	£2,034	8
2006	£140,833	£1,846	6
2005	£124,099	£1,485	5
2004	£137,423	£1,628	11
2003	£97,000	£1,058	7
2002	£82,862	£792	4
2001	£81,564	£801	7
2000	£64,983	£823	6
1999	£54,167	£764	3
1998	£64,550	£771	7
1997	£47,350	£480	5
1996	£51,733	£620	6
1995	£50,333	£596	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£110,000	£1,358	1
2021	£103,600	£1,656	5
2019	£120,000	£2,000	1
2018	£100,000	£1,613	1
2017	£102,500	£1,928	2
2016	£103,000	£1,717	1
2015	£99,000	£1,675	1
2012	£85,596	£1,511	2
2010	£92,450	£1,730	2
2009	£103,500	£1,751	1
2008	£120,000	£2,034	1
2006	£69,500	£1,171	2
2005	£122,500	£2,027	2
2004	£87,250	£1,242	2
2003	£61,000	£1,288	2
2002	£62,498	£994	2
2000	£51,000	£708	1
1999	£54,375	£854	4
1998	£26,000	£433	1
1997	£52,250	£857	2
1996	£48,750	£819	2

House Type in WV4 4HU area

The most common house types in the WV4 4HU postcode area are Semi-detached (106), Detached (25), and commercial building (5).

Total	140
Semi-detached	106
Detached	25
commercial building	5
Flat	3
Terraced	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	21
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the WV4 4HU have 1 person in household (44), and 2 people in household (36).

1 person in household	44
2 people in household	36
4 people in household	27
3 people in household	21
5 people in household	9
7 people in household	3
6 people in household	1
0 people in household	0
8 or more people in household	0