Housing Market Analysis for PENK RISE, WV6 8JZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £120,392 median price is £137,000 Standard Deviation is £51,877 with Total Sold: 19
- The Last 5 Year average price is £240,000 with Total Sold: 1
- The most recent sale happened at this postcode is 12 PENK RISE: £240,000 (Sold on 29 Jul 2022)
- The first recorded sale happened at this postcode is 12 PENK RISE: £53,500 (Sold on 21 Aug 1998)
Terraced
- The average price is around £128,608 median price is £131,000 Standard Deviation is £29,377 with Total Sold: 13
- The most recent sale happened at this postcode is 6 PENK RISE: £160,000 (Sold on 30 Aug 2017)
- The first recorded sale happened at this postcode is 26 PENK RISE: £59,950 (Sold on 21 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average WV6 8JZ 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	£240,000	£3,038	1
2016	£168,500	£1,954	2
2015	£137,000	£1,575	1
2014	£115,000	£1,643	1
2012	£150,000	£1,501	1
2007	£149,500		1
2006	£157,475	£1,609	2
2005	£138,500		1
2004	£135,498	£1,511	2
2002	£78,000	£804	1
2001	£87,500		1
2000	£50,000	£472	1
1999	£55,167	£715	3
1998	£53,500	£677	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£161,000	£1,946	2
2015	£127,000	£1,568	1
2014	£143,667	£1,717	3
2013	£120,000	£1,395	1
2011	£105,000	£1,487	1
2010	£145,000	£1,559	1
2007	£123,500	£1,434	2
2003	£114,950	£1,236	1
1998	£59,950	£584	1

All the Sales in the PENK RISE, WV6 8JZ

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

Address	Sold Date	Price	% Change
12 PENK RISESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	29 Jul 2022	£240,000	324.78%
	30 Jun 1999	£56,500	5.61%
	21 Aug 1998	£53,500	First Sale
6 PENK RISETerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	30 Aug 2017	£160,000	77.78%
6 PENK RISETerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	21 Jun 2007	£90,000	First Sale
11 PENK RISETerraced, FreeholdArea: 97 Sq.mtrAge: 1950-1966	28 Apr 2017	£162,000	3.18%
	28 Nov 2014	£157,000	0.0
	16 Feb 2007	£157,000	101.28%
	11 Jan 2002	£78,000	First Sale
5 PENK RISESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1930-1949	26 Oct 2016	£150,000	30.43%
	25 Jul 2014	£115,000	First Sale
21 PENK RISESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1950-1966	09 Mar 2016	£187,000	28.08%
	08 Apr 2004	£146,000	192.00%
	17 Feb 2000	£50,000	First Sale
4 PENK RISESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	18 Dec 2015	£137,000	First Sale
17 PENK RISETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	12 Mar 2015	£127,000	First Sale
9 PENK RISETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	19 Dec 2014	£131,000	-6.40%
9 PENK RISETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	23 Aug 2006	£139,950	First Sale
22 PENK RISETerraced, FreeholdArea: 70.6 Sq.mtrAge: 1950-1966	17 Apr 2014	£143,000	36.19%
	09 Dec 2011	£105,000	First Sale
24 PENK RISETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	31 Oct 2013	£120,000	First Sale
1 PENK RISESemi-Detached, FreeholdArea: 99.92 Sq.mtrAge: 1930-1949	30 May 2012	£150,000	First Sale
7 PENK RISETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-1966	09 Jul 2010	£145,000	26.14%
7 PENK RISETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-1966	05 Sep 2003	£114,950	First Sale
10 PENK RISESemi-Detached, Freehold	02 Jul 2007	£149,500	First Sale
20 PENK RISESemi-Detached, Freehold	27 Jan 2006	£175,000	100.00%
	07 Sep 2001	£87,500	48.31%
	25 May 1999	£59,000	First Sale
13 PENK RISESemi-Detached, Freehold	07 Oct 2005	£138,500	177.00%
13 PENK RISESemi-Detached, Freehold	08 Oct 1999	£50,000	First Sale
14 PENK RISESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	10 May 2004	£124,995	First Sale
26 PENK RISETerraced, FreeholdArea: 102.7 Sq.mtrAge: 1950-1966	21 Aug 1998	£59,950	First Sale

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

PENK RISE, WV6 8JZ Near By properties

Interactive Map

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

Flat
- The average price is around £95,462 median price is £92,000 Standard Deviation is £34,685 with Total Sold: 313
- The Last 5 Year average price is £127,030 with Total Sold: 57
- 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)
Detached
- The average price is around £231,876 median price is £224,500 Standard Deviation is £129,425 with Total Sold: 532
- The Last 5 Year average price is £377,613 with Total Sold: 89
- The most recent sale happened at this postcode is , 1 BODIAM COURT: £280,000 (Sold on 15 May 2024)
- The first recorded sale happened at this postcode is , 147 RICHMOND DRIVE: £83,000 (Sold on 03 Feb 1995)
Terraced
- The average price is around £129,904 median price is £128,000 Standard Deviation is £50,771 with Total Sold: 261
- The Last 5 Year average price is £174,045 with Total Sold: 65
- The most recent sale happened at this postcode is , 6 REGINA CRESCENT: £200,000 (Sold on 05 Feb 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 £126,778 median price is £125,000 Standard Deviation is £63,484 with Total Sold: 583
- The Last 5 Year average price is £203,231 with Total Sold: 77
- The most recent sale happened at this postcode is , HOME COTTAGE, 42 WOOD ROAD: £310,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is , 6 MOUNT ROAD: £120,000 (Sold on 18 Jan 1995)
Other
- The average price is around £277,800 median price is £190,000 Standard Deviation is £193,063 with Total Sold: 5
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,125	£2,339	4
2023	£145,250	£2,219	8
2022	£127,529	£2,028	14
2021	£147,756	£2,124	8
2020	£120,267	£1,746	12
2019	£102,505	£1,781	11
2018	£113,900	£1,995	10
2017	£103,778	£1,681	9
2016	£102,383	£1,800	9
2015	£91,091	£1,707	11
2014	£95,972	£1,570	13
2013	£105,786	£1,512	7
2012	£101,889	£1,599	9
2011	£104,545	£1,548	10
2010	£108,500	£2,111	8
2009	£109,786	£2,071	7
2008	£128,643	£2,002	7
2007	£117,996	£2,040	13
2006	£115,994	£1,975	8
2005	£113,742	£1,885	12
2004	£98,560	£1,578	15
2003	£85,557	£1,577	15
2002	£79,100	£1,452	5
2001	£67,283	£1,196	12
2000	£74,409	£1,147	17
1999	£59,493	£1,125	7
1998	£54,788	£894	13
1997	£53,993	£948	11
1996	£47,865	£1,025	17
1995	£51,091	£907	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£494,000	£3,446	5
2023	£431,389	£3,622	9
2022	£419,430	£4,019	16
2021	£384,780	£3,187	23
2020	£338,983	£3,323	18
2019	£310,694	£2,781	18
2018	£353,067	£2,898	15
2017	£291,831	£2,730	24
2016	£298,976	£2,569	21
2015	£276,087	£2,601	23
2014	£242,930	£2,151	23
2013	£270,623	£2,977	15
2012	£291,383	£2,896	18
2011	£261,800	£2,391	5
2010	£216,188	£2,447	8
2009	£252,890	£2,235	10
2008	£247,564	£2,051	7
2007	£256,866	£2,136	18
2006	£259,431	£2,143	16
2005	£223,456	£1,991	26
2004	£212,208	£2,128	19
2003	£228,877	£1,858	13
2002	£180,838	£1,302	16
2001	£147,584	£1,273	18
2000	£128,970	£1,089	21
1999	£123,746	£956	28
1998	£103,189	£942	22
1997	£99,058	£915	37
1996	£82,472	£820	25
1995	£87,863	£788	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000	£2,667	1
2023	£189,083	£2,509	6
2022	£194,767	£2,614	15
2021	£166,106	£2,128	12
2020	£179,695	£2,037	10
2019	£155,556	£1,964	21
2018	£144,727	£1,967	11
2017	£141,125	£1,830	10
2016	£138,654	£1,838	13
2015	£131,150	£1,708	10
2014	£138,864	£1,860	11
2013	£130,778	£1,607	9
2012	£126,775	£1,506	8
2011	£131,345	£1,661	10
2010	£119,038	£1,446	6
2009	£149,600	£1,613	5
2008	£131,244	£1,736	8
2007	£130,439	£1,684	9
2006	£132,882	£1,620	11
2005	£153,345	£1,744	10
2004	£97,392	£1,498	6
2003	£93,690	£1,293	10
2002	£93,433	£1,226	9
2001	£70,279	£1,047	7
2000	£62,793	£832	7
1999	£75,250	£713	6
1998	£69,112	£662	4
1997	£50,875	£817	6
1996	£42,779	£522	7
1995	£44,983	£657	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£244,341	£2,749	16
2022	£225,961	£2,901	14
2021	£187,654	£2,289	13
2020	£176,282	£2,319	14
2019	£183,422	£2,115	20
2018	£170,356	£1,883	16
2017	£158,364	£1,893	22
2016	£156,538	£1,917	25
2015	£154,953	£1,796	17
2014	£162,839	£1,845	19
2013	£165,018	£1,763	13
2012	£130,877	£1,546	13
2011	£136,154	£1,728	13
2010	£161,553	£1,639	17
2009	£135,833	£1,577	12
2008	£169,866	£1,834	16
2007	£155,609	£1,688	23
2006	£139,173	£1,763	32
2005	£127,295	£1,396	20
2004	£128,775	£1,580	34
2003	£106,428	£1,071	23
2002	£100,436	£1,027	21
2001	£77,134	£885	28
2000	£62,975	£725	29
1999	£64,954	£760	25
1998	£56,603	£699	29
1997	£57,662	£689	20
1996	£42,336	£577	25
1995	£51,711	£650	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£385,000	£2,770	1
2021	£149,500	£2,368	2
2015	£352,500		2

House Type in WV6 8JZ area

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

Total	117
Flat	52
Terraced	31
Semi-detached	21
Detached	12
commercial building	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 (35), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright	35
Owned: Owns with a mortgage or loan	29
Social rented: Rents from council or Local Authority	29
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	4
Social rented: Other social rented	2
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

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

2 people in household	49
1 person in household	36
3 people in household	17
4 people in household	11
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0