Housing Market Analysis for PENK RISE, WV6 8JY

Are you looking to understand WV6 8JY 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 WV6 8JY area, explore the WV6 8JY Area information page.
For comprehensive crime statistics in the WV6 8JY area, explore the WV6 8JY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV6 8JY postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £166,800 median price is £147,000 Standard Deviation is £45,967 with Total Sold: 10
    • The Last 5 Year average price is £220,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 31 PENK RISE: £225,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is 36 PENK RISE: £104,000 (Sold on 23 Jul 2010)
  • Semi-Detached
    • The average price is around £168,317 median price is £135,000 Standard Deviation is £54,378 with Total Sold: 3
    • The Last 5 Year average price is £245,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 32 PENK RISE: £245,000 (Sold on 09 Jan 2023)
    • The first recorded sale happened at this postcode is 37 PENK RISE: £124,950 (Sold on 10 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average WV6 8JY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £3,041 1
2022£218,333 £2,549 3
2018£144,000 £1,920 1
2016£140,000 £1,892 1
2015£115,000 £1,554 1
2014£150,000 £1,376 1
2012£135,000 £1,154 1
2010£104,000 £889 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£245,000 £2,882 1
2006£129,9752

All the Sales in the PENK RISE, WV6 8JY

See the table below for more details on the sold house prices in the WV6 8JY, Wolverhampton postcode.

AddressSold DatePrice% Change
31 PENK RISETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196626 May 2023£225,00060.71%
24 Jun 2016£140,000First Sale
32 PENK RISESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196609 Jan 2023£245,000First Sale
28 PENK RISETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196605 Dec 2022£220,00091.30%
04 Sep 2015£115,000First Sale
29 PENK RISETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-196602 Dec 2022£200,00038.89%
23 Mar 2018£144,000First Sale
36 PENK RISETerraced, FreeholdArea: 117 Sq.mtrAge: 1950-196604 May 2022£235,00074.07%
14 Dec 2012£135,00029.81%
23 Jul 2010£104,000First Sale
27 PENK RISETerraced, FreeholdArea: 109 Sq.mtrAge: 1950-196631 Jan 2014£150,000First Sale
33 PENK RISESemi-Detached, Freehold01 Dec 2006£135,000First Sale
37 PENK RISESemi-Detached, Freehold10 Nov 2006£124,950First Sale

Check out the sold house prices near the WV6 8JY postcode. Properties currently for saleProperties currently for rent

PENK RISE, WV6 8JY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV6 8JY 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 WV6 8JY postcode.

  • Terraced
    • The average price is around £128,087 median price is £128,500 Standard Deviation is £48,790 with Total Sold: 414
    • The Last 5 Year average price is £176,958 with Total Sold: 97
    • The most recent sale happened at this postcode is , 22 MANCROFT ROAD: £305,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 51 WOODLAND AVENUE: £44,950 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £135,652 median price is £130,000 Standard Deviation is £70,107 with Total Sold: 637
    • The Last 5 Year average price is £216,270 with Total Sold: 90
    • The most recent sale happened at this postcode is , CHESTNUT COTTAGE TANFIELD CLOSE: £312,500 (Sold on 18 Jul 2024)
    • The first recorded sale happened at this postcode is , 6 MOUNT ROAD: £120,000 (Sold on 18 Jan 1995)
  • Detached
    • The average price is around £257,336 median price is £248,000 Standard Deviation is £123,785 with Total Sold: 507
    • The Last 5 Year average price is £389,790 with Total Sold: 87
    • The most recent sale happened at this postcode is , 18 FAIROAK DRIVE: £410,000 (Sold on 17 Jul 2024)
    • The first recorded sale happened at this postcode is , 52 WOOD ROAD: £93,000 (Sold on 01 Mar 1995)
  • Flat
    • The average price is around £94,605 median price is £90,000 Standard Deviation is £34,051 with Total Sold: 284
    • The Last 5 Year average price is £121,527 with Total Sold: 53
    • The most recent sale happened at this postcode is , 5 BEECHWOOD COURT: £117,500 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 55 BEECHWOOD COURT: £42,500 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £258,158 median price is £174,975 Standard Deviation is £181,632 with Total Sold: 6
    • The Last 5 Year average price is £228,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 32 WOOD ROAD: £385,000 (Sold on 24 May 2023)
    • The first recorded sale happened at this postcode is , TETTENHALL WOOD SCHOOL SCHOOL ROAD: £605,000 (Sold on 27 Feb 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,500 £2,667 4
2023£200,041 £2,426 11
2022£198,618 £2,583 17
2021£175,781 £2,285 20
2020£162,522 £1,976 20
2019£156,637 £1,980 25
2018£145,197 £1,971 15
2017£142,404 £1,796 13
2016£141,960 £1,901 20
2015£134,485 £1,686 17
2014£144,250 £1,851 14
2013£121,235 £1,690 17
2012£126,700 £1,528 10
2011£132,600 £1,776 14
2010£129,528 £1,601 8
2009£122,788 £1,602 13
2008£129,621 £1,821 12
2007£149,569 £1,730 13
2006£133,046 £1,615 20
2005£134,363 £1,571 15
2004£114,596 £1,632 13
2003£99,029 £1,389 14
2002£92,431 £1,232 16
2001£75,678 £1,045 16
2000£59,963 £767 15
1999£67,921 £810 7
1998£53,314 £618 7
1997£51,156 £885 8
1996£47,764 £502 11
1995£49,688 £658 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,5001
2023£248,303 £2,671 18
2022£229,266 £2,621 13
2021£193,450 £2,539 20
2020£198,528 £2,352 16
2019£211,657 £2,193 22
2018£171,513 £1,871 15
2017£169,896 £1,934 28
2016£157,351 £1,880 29
2015£164,157 £1,816 22
2014£171,302 £1,861 23
2013£151,933 £1,799 16
2012£133,492 £1,473 13
2011£131,188 £1,694 16
2010£156,212 £1,614 22
2009£153,275 £1,731 18
2008£176,947 £1,713 20
2007£152,818 £1,608 22
2006£150,697 £1,706 33
2005£136,106 £1,501 25
2004£128,496 £1,548 35
2003£104,274 £1,218 25
2002£107,382 £1,031 22
2001£76,050 £814 27
2000£66,666 £705 29
1999£63,423 £747 24
1998£63,300 £662 25
1997£63,883 £707 24
1996£40,960 £508 16
1995£56,536 £651 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£461,421 £4,571 7
2023£391,875 £3,420 8
2022£424,334 £4,177 14
2021£409,573 £3,560 22
2020£342,230 £3,375 15
2019£355,333 £2,963 21
2018£342,648 £2,953 20
2017£277,634 £2,625 22
2016£287,672 £2,680 23
2015£275,160 £2,553 25
2014£293,633 £2,262 18
2013£282,154 £3,090 12
2012£304,294 £3,122 16
2011£259,500 £2,237 6
2010£243,400 £2,425 10
2009£295,761 £2,315 13
2008£289,707 £2,397 7
2007£283,950 £2,301 15
2006£295,372 £2,115 20
2005£334,517 £2,090 23
2004£248,167 £2,027 20
2003£221,883 £1,828 18
2002£185,381 £1,357 18
2001£156,598 £1,299 21
2000£136,320 £1,057 20
1999£132,306 £1,047 26
1998£118,932 £1,064 14
1997£113,278 £1,012 23
1996£92,247 £867 19
1995£96,814 £753 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,833 £1,905 3
2023£141,875 £2,195 8
2022£122,492 £2,021 13
2021£146,350 £2,212 7
2020£118,019 £1,792 13
2019£94,703 £1,790 9
2018£109,889 £1,934 9
2017£96,857 £1,564 7
2016£102,541 £1,814 11
2015£88,400 £1,734 10
2014£100,458 £1,698 10
2013£101,583 £1,517 6
2012£99,214 £1,658 7
2011£104,300 £1,533 10
2010£108,500 £2,111 8
2009£109,786 £2,071 7
2008£119,778 £2,022 9
2007£121,738 £2,266 12
2006£114,211 £1,963 9
2005£116,885 £2,040 10
2004£95,989 £1,643 14
2003£85,564 £1,584 14
2002£74,090 £1,403 5
2001£64,988 £1,274 8
2000£71,765 £1,159 13
1999£54,056 £1,043 8
1998£59,821 £1,028 7
1997£52,490 £941 10
1996£47,106 £1,106 16
1995£48,136 £905 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£385,000 £2,770 1
2021£149,500 £2,368 2
2017£159,950 £1,584 1
2015£352,5002

House Type in WV6 8JY area

The most common house types in the WV6 8JY postcode area are Flat (52), Terraced (31), and Semi-detached (21).

Total117
Flat52
Terraced31
Semi-detached21
Detached12
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (35), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright35
Owned: Owns with a mortgage or loan29
Social rented: Rents from council or Local Authority29
Private rented: Private landlord or letting agency16
Private rented: Other private rented4
Social rented: Other social rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the WV6 8JY have 2 people in household (49), and 1 person in household (36).

2 people in household49
1 person in household36
3 people in household17
4 people in household11
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0