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378 Penn Road is a residential building situated on Penn Road, Wolverhampton, WV4 with 5 addresses.
It ranks as the 147th largest and 81st most expensive of the 196 buildings in the WV4 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
378 Penn Road is a residential building situated on Penn Road, Wolverhampton, WV4 with 5 addresses.
It ranks as the 147th largest and 81st most expensive of the 196 buildings in the WV4 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
Sale prices range from £81,834 for 1 bedroom leasehold flats (409 ft2) to £105,711 for 2 bedroom leasehold flats with a garden (661 ft2) .
Monthly rental prices range from £596 pcm for 1 bed flats to £726 pcm for 2 bed flats.
The gross rental yield is between 8.2% and 8.7%.
The average value per square foot is £200.
The last sale in 378 Penn Road sold for £73,333 on 15th March 2019. Since then prices are up an average of 42.4%.
The current average value in the building is £93,916.
The 378 Penn Road Sales Market has increased by 41.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £93,916 |
| April 2025 | 4.2% | £92,523 |
| April 2024 | 0% | £88,770 |
| April 2023 | 2.2% | £88,779 |
| April 2022 | 9.8% | £86,844 |
| April 2021 | 7% | £79,065 |
| April 2020 | 4% | £73,877 |
| April 2019 | 1.6% | £71,070 |
| April 2018 | 3.7% | £69,980 |
| April 2017 | 1.3% | £67,487 |
| April 2016 | 3.9% | £66,607 |
| April 2015 | 2% | £64,136 |
| April 2014 | 1.6% | £62,903 |
| April 2013 | 1.7% | £61,921 |
| April 2012 | -4.6% | £60,878 |
| April 2011 | -2.1% | £63,799 |
| April 2010 | 1% | £65,143 |
| April 2009 | -11.4% | £64,514 |
| April 2008 | -5.3% | £72,848 |
| April 2007 | 0% | £76,884 |
The current average rental value in the building is £665.
The 378 Penn Road Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £665pcm |
| April 2025 | 4.2% | £645pcm |
| April 2024 | 11.6% | £619pcm |
| April 2023 | 9.5% | £554pcm |
| April 2022 | 6.5% | £506pcm |
| April 2021 | 6.4% | £475pcm |
| April 2020 | 3.7% | £447pcm |
| April 2019 | 0% | £431pcm |
| April 2018 | 0.9% | £431pcm |
| April 2017 | 0.5% | £427pcm |
| April 2016 | 2.2% | £425pcm |
| April 2015 | 1.6% | £416pcm |
| April 2014 | 1% | £409pcm |
| April 2013 | -1% | £405pcm |
| April 2012 | 1.3% | £409pcm |
| April 2011 | -0.3% | £404pcm |
| April 2010 | -0.4% | £405pcm |
| April 2009 | -5.6% | £407pcm |
| April 2008 | 0.9% | £431pcm |
| April 2007 | 0% | £427pcm |
The last sale was on 15th March 2019 for £73,333 and since then the market in the area has increased by 42.4%. The building has had a total of 5 sales since 1995.
378, Penn Road, Wolverhampton, WV4 4DB has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 378, Penn Road, Wolverhampton, WV4 4DB is Wolverhampton station which is 3.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 378, Penn Road, Wolverhampton, WV4 4DB, 64.2% of property is privately owned outright and 21.1% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 378, Penn Road, Wolverhampton, WV4 4DB, 16.9% of residents are recorded as possessing school level qualifications and 37.6% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 378, Penn Road, Wolverhampton, WV4 4DB, the average age was 42.6 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 378, Penn Road, Wolverhampton, WV4 4DB, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 378, Penn Road, Wolverhampton, WV4 4DB, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.