Housing Market Analysis for PENN ROAD, WV4 5TT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £288,000 median price is £288,000 Standard Deviation is £92,000 with Total Sold: 2
    • The Last 5 Year average price is £380,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 225 PENN ROAD: £380,000 (Sold on 19 Dec 2019)
    • The first recorded sale happened at this postcode is 223 PENN ROAD: £196,000 (Sold on 13 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average WV4 5TT 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
2019£380,000 £3,115 1
2006£196,000 £1,361 1

All the Sales in the PENN ROAD, WV4 5TT

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

AddressSold DatePrice% Change
225 PENN ROADDetached, FreeholdArea: 122 Sq.mtrAge: 1930-194919 Dec 2019£380,000First Sale
223 PENN ROADDetached, FreeholdArea: 144 Sq.mtrAge: 1930-194913 Oct 2006£196,000First Sale

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

PENN ROAD, WV4 5TT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £105,013 median price is £93,725 Standard Deviation is £54,456 with Total Sold: 356
    • The Last 5 Year average price is £111,763 with Total Sold: 65
    • The most recent sale happened at this postcode is , 55B ALEXANDRA ROAD: £90,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is FLAT 12A, WORCESTER COURT CHEQUER STREET: £29,000 (Sold on 23 Jun 1995)
  • Detached
    • The average price is around £191,200 median price is £169,500 Standard Deviation is £111,217 with Total Sold: 622
    • The Last 5 Year average price is £316,710 with Total Sold: 90
    • The most recent sale happened at this postcode is , 40 MOUNT ROAD: £310,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 38B ALEXANDRA ROAD: £50,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £138,410 median price is £135,000 Standard Deviation is £74,064 with Total Sold: 927
    • The Last 5 Year average price is £227,772 with Total Sold: 125
    • The most recent sale happened at this postcode is , 21 WESTBOURNE ROAD: £215,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 10 HOLLY GROVE: £26,500 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £111,012 median price is £110,000 Standard Deviation is £61,856 with Total Sold: 458
    • The Last 5 Year average price is £183,341 with Total Sold: 74
    • The most recent sale happened at this postcode is , 74A WESTBOURNE ROAD: £131,251 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 74 BIRCHES BARN ROAD: £25,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £487,441 median price is £207,500 Standard Deviation is £693,510 with Total Sold: 20
    • The Last 5 Year average price is £205,545 with Total Sold: 6
    • The most recent sale happened at this postcode is , 197 PENN ROAD: £68,268 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is , 192 PENN ROAD: £350,000 (Sold on 07 Feb 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,714 £2,213 7
2023£128,893 £2,038 14
2022£87,664 £1,541 9
2021£106,500 £1,782 12
2020£91,494 £1,562 8
2019£111,744 £2,084 15
2018£120,075 £1,900 12
2017£159,927 £2,465 24
2016£151,138 £2,212 48
2015£77,071 £1,629 7
2014£75,900 £1,768 5
2013£89,000 £2,077 2
2012£71,483 £1,544 3
2011£123,658 £1,882 4
2010£113,667 £2,153 3
2009£98,650 £2,375 3
2008£109,612 £2,328 4
2007£123,130 £2,317 15
2006£103,992 £1,785 6
2005£105,565 £2,052 10
2004£86,371 £1,568 12
2003£128,776 £1,761 33
2002£74,693 £1,304 24
2001£75,696 £1,467 36
2000£39,591 £862 11
1999£35,900 £844 5
1998£33,693 £736 8
1997£33,143 £698 7
1996£31,250 £736 6
1995£23,500 £650 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£341,333 £2,985 6
2023£301,475 £2,438 20
2022£356,450 £2,622 10
2021£368,191 £2,289 18
2020£313,267 £2,387 15
2019£263,593 £2,350 21
2018£240,194 £2,033 18
2017£243,380 £1,810 25
2016£245,871 £1,900 28
2015£203,575 £1,750 26
2014£259,240 £1,754 25
2013£211,900 £1,819 5
2012£219,111 £1,972 9
2011£205,861 £1,653 18
2010£221,490 £1,504 10
2009£245,056 £1,701 9
2008£262,240 £1,713 10
2007£258,773 £1,979 26
2006£235,200 £1,773 22
2005£202,404 £1,590 21
2004£201,509 £1,424 26
2003£163,681 £1,146 27
2002£132,886 £1,204 28
2001£117,365 £979 24
2000£100,416 £833 34
1999£102,390 £759 45
1998£75,634 £581 28
1997£81,188 £567 28
1996£74,364 £427 19
1995£66,733 £549 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,875 £1,363 6
2023£235,830 £2,330 15
2022£272,600 £2,515 30
2021£242,609 £2,138 23
2020£209,222 £2,160 20
2019£189,948 £1,756 31
2018£204,607 £1,906 21
2017£177,713 £1,630 35
2016£168,896 £1,511 36
2015£173,727 £1,578 32
2014£155,115 £1,429 36
2013£152,190 £1,366 21
2012£159,700 £1,535 24
2011£146,530 £1,455 20
2010£178,000 £1,452 15
2009£145,136 £1,558 18
2008£180,167 £1,597 18
2007£179,239 £1,546 33
2006£176,651 £1,584 44
2005£155,512 £1,533 34
2004£142,528 £1,238 42
2003£132,288 £1,311 55
2002£93,125 £814 43
2001£88,447 £843 43
2000£65,863 £614 38
1999£68,909 £620 45
1998£60,052 £684 33
1997£53,053 £581 28
1996£46,274 £399 45
1995£56,085 £428 43
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,084 £1,920 3
2023£190,231 £2,065 13
2022£210,987 £2,138 22
2021£158,324 £1,809 17
2020£152,380 £1,779 10
2019£186,889 £1,824 9
2018£147,918 £1,450 19
2017£150,858 £1,509 18
2016£131,667 £1,535 17
2015£132,359 £1,419 11
2014£130,874 £1,320 8
2013£149,367 £1,471 15
2012£127,112 £1,355 4
2011£125,125 £1,336 12
2010£129,325 £1,418 8
2009£135,431 £1,471 8
2008£137,362 £1,423 4
2007£139,593 £1,616 23
2006£134,197 £1,403 15
2005£126,595 £1,388 19
2004£107,146 £1,225 25
2003£90,313 £907 19
2002£67,750 £773 27
2001£62,868 £582 19
2000£50,747 £530 19
1999£51,412 £505 21
1998£45,700 £530 23
1997£40,708 £449 25
1996£37,225 £382 10
1995£37,267 £282 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£68,2681
2022£175,0001
2021£207,500 £2,358 2
2019£287,5002
2018£202,000 £1,388 5
2017£2,249,9951
2016£790,926 £4,535 6
2014£255,0002

House Type in WV4 5TT area

The most common house types in the WV4 5TT postcode area are Detached (60), Flat (59), and Shared house (14).

Total155
Detached60
Flat59
Shared house14
Semi-detached11
Terraced5
commercial building4
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Private rented: Private landlord or letting agency (57).

Owned: Owns outright66
Private rented: Private landlord or letting agency57
Owned: Owns with a mortgage or loan27
Private rented: Other private rented4
Social rented: Rents from council or Local Authority3
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 5TT have 1 person in household (71), and 2 people in household (37).

1 person in household71
2 people in household37
3 people in household23
4 people in household12
5 people in household8
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0