Housing Market Analysis for PENN ROAD, WV4 5LN

Are you looking to understand WV4 5LN 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 5LN area, explore the WV4 5LN Area information page.
For comprehensive crime statistics in the WV4 5LN area, explore the WV4 5LN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV4 5LN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £165,038 median price is £157,750 Standard Deviation is £69,514 with Total Sold: 8
    • The Last 5 Year average price is £295,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 449 PENN ROAD: £244,000 (Sold on 04 Jun 2018)
    • The first recorded sale happened at this postcode is 449 PENN ROAD: £295,000 (Sold on 16 Feb 2024)
  • Semi-Detached
    • The average price is around £150,211 median price is £159,950 Standard Deviation is £46,045 with Total Sold: 9
    • The most recent sale happened at this postcode is 431 PENN ROAD: £160,000 (Sold on 20 Oct 2017)
    • The first recorded sale happened at this postcode is 441 PENN ROAD: £59,950 (Sold on 16 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average WV4 5LN 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£244,000 £2,568 1
2016£180,000 £1,875 1
2015£157,750 £1,706 2
2000£112,0001
1998£92,3001
1996£81,500 £858 1
2024£295,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£160,0001
2014£195,000 £1,724 1
2013£188,000 £1,918 1
2007£159,9501
2006£220,000 £2,500 1
2004£125,500 £1,281 2
2003£118,0001
1999£59,950 £530 1

All the Sales in the PENN ROAD, WV4 5LN

See the table below for more details on the sold house prices in the WV4 5LN, Wolverhampton postcode.

AddressSold DatePrice% Change
449 PENN ROADDetached, FreeholdArea: 95 Sq.mtrAge: 1930-194904 Jun 2018£244,000199.39%
12 Jul 1996£81,500-72.37%
16 Feb 2024£295,000First Sale
431 PENN ROADSemi-Detached, Freehold20 Oct 2017£160,00035.59%
30 Jun 2003£118,000First Sale
455 PENN ROADDetached, FreeholdArea: 96 Sq.mtrAge: 1930-194901 Aug 2016£180,000First Sale
451 PENN ROADDetached, FreeholdArea: 93 Sq.mtrAge: 1930-194920 Nov 2015£150,000First Sale
445 PENN ROADDetached, FreeholdArea: 92 Sq.mtrAge: 1900-192906 Aug 2015£165,500First Sale
441 PENN ROADSemi-Detached, FreeholdArea: 113.1 Sq.mtrAge: before 190013 Oct 2014£195,000225.27%
16 Aug 1999£59,950First Sale
437 PENN ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-194911 Nov 2013£188,00039.26%
11 Jun 2004£135,00016.38%
21 Jan 2004£116,000First Sale
443 PENN ROADSemi-Detached, Freehold17 Aug 2007£159,950First Sale
447 PENN ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1900-192920 Oct 2006£220,000First Sale
453 PENN ROADDetached, Freehold28 Jul 2000£112,000First Sale
433 PENN ROADDetached, Freehold11 Dec 1998£92,300First Sale

Check out the sold house prices near the WV4 5LN postcode. Properties currently for saleProperties currently for rent

PENN ROAD, WV4 5LN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV4 5LN 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 5LN postcode.

  • Detached
    • The average price is around £257,107 median price is £225,000 Standard Deviation is £158,277 with Total Sold: 347
    • The Last 5 Year average price is £416,147 with Total Sold: 75
    • 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 £622,608 median price is £85,000 Standard Deviation is £1,442,934 with Total Sold: 12
    • The Last 5 Year average price is £283,550 with Total Sold: 6
    • 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 £128,565 median price is £130,000 Standard Deviation is £60,068 with Total Sold: 1,062
    • The Last 5 Year average price is £213,067 with Total Sold: 151
    • 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 £130,746 median price is £130,000 Standard Deviation is £57,519 with Total Sold: 153
    • 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 £138,237 median price is £100,000 Standard Deviation is £99,913 with Total Sold: 51
    • The Last 5 Year average price is £161,800 with Total Sold: 10
    • The most recent sale happened at this postcode is 6, ALBRIGHTON HOUSE THE WATER GARDENS: £320,000 (Sold on 22 Nov 2023)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£490,0004
2023£381,395 £3,214 10
2022£489,375 £3,116 12
2021£432,655 £3,258 22
2020£376,558 £3,093 13
2019£367,923 £2,846 14
2018£302,416 £2,447 12
2017£261,915 £2,325 13
2016£293,721 £2,337 17
2015£201,550 £1,915 12
2014£266,090 £2,085 11
2013£178,500 £1,683 14
2012£188,822 £1,838 8
2011£237,208 £2,061 12
2010£350,375 £2,186 6
2009£261,387 £1,798 9
2008£246,625 £1,912 4
2007£421,828 £2,559 18
2006£232,500 £2,121 9
2005£268,714 £1,976 7
2004£252,079 £1,965 12
2003£213,846 £1,676 14
2002£171,677 £1,250 11
2001£133,548 £1,205 21
2000£127,925 £862 10
1999£97,995 £716 11
1998£103,023 £816 11
1997£93,500 £785 11
1996£89,962 £800 13
1995£61,417 £292 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£750,0001
2023£14,0001
2021£147,900 £1,481 2
2020£320,7502
2017£1,823,333 £84,921 3
2016£80,0001
2015£200,0001
2014£20,000 £177 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£249,333 £3,151 6
2023£254,302 £3,076 22
2022£235,389 £2,736 27
2021£212,111 £2,558 31
2020£194,032 £2,189 30
2019£180,871 £2,238 35
2018£193,912 £2,203 26
2017£171,203 £2,014 29
2016£157,150 £1,871 29
2015£155,509 £1,837 32
2014£147,891 £1,675 37
2013£135,796 £1,641 27
2012£145,259 £1,867 21
2011£145,229 £1,593 24
2010£137,260 £1,655 31
2009£141,918 £1,695 31
2008£149,457 £1,586 29
2007£167,226 £1,878 40
2006£150,698 £1,734 49
2005£130,127 £1,511 47
2004£135,379 £1,589 55
2003£118,796 £1,417 39
2002£98,067 £1,066 42
2001£86,521 £995 45
2000£70,125 £829 43
1999£60,620 £675 57
1998£57,530 £668 41
1997£52,990 £661 46
1996£50,438 £563 52
1995£51,020 £565 39
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,0001
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£135,812 £1,556 8
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£285,000 £2,512 2
2022£110,000 £1,358 1
2021£103,600 £1,656 5
2019£210,000 £2,092 2
2018£100,000 £1,613 1
2017£102,500 £1,928 2
2016£214,750 £2,047 2
2015£99,000 £1,675 1
2014£279,000 £3,170 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
2007£304,750 £2,978 8
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 5LN area

The most common house types in the WV4 5LN postcode area are Detached (81), Semi-detached (29), and Terraced (0).

Total110
Detached81
Semi-detached29
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan54
Owned: Owns outright48
Private rented: Private landlord or letting agency5
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the WV4 5LN have 2 people in household (47), and 4 people in household (22).

2 people in household47
4 people in household22
1 person in household16
3 people in household14
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0