Penn Road - WV3 0EQ
Key Postcode Insights
WV3 0EQ is a residential postcode situated on Penn Road, Wolverhampton, WV3 with 18 addresses.
It ranks as the 728th largest and 1372nd most expensive of the 1,396 postcodes in the WV3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 16 houses and 2 flats.
- Ave. Sale Price
- £475,735
- 10 Year change
- up 48.1%
- Ave. Rental Price
- £1,715pcm
- 10 Year change
- up 63.9%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
WV3 0EQ is a residential postcode situated on Penn Road, Wolverhampton, WV3 with 18 addresses.
It ranks as the 728th largest and 1372nd most expensive of the 1,396 postcodes in the WV3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 16 houses and 2 flats.
- Ave. Sale Price
- £475,735
- 10 Year change
- up 48.1%
- Ave. Rental Price
- £1,715pcm
- 10 Year change
- up 63.9%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin WV3 0EQ
- 163 Penn Road
Unknown
- 165 Penn Road
Building  |  2 Flats
- 167 Penn Road
Unknown
- 169 Penn Road
Unknown
- 171 Penn Road
Unknown
Sales Market Trends
The last sale in WV3 0EQ sold for £627,500 on 2nd August 2024. Since then prices are up an average of 2.5%.
The current average value in the postcode is £475,735.
The WV3 0EQ Sales Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £475,735 |
| June 2025 | 4.3% | £476,094 |
| June 2024 | 1.2% | £456,281 |
| June 2023 | 2.3% | £450,723 |
| June 2022 | 12.3% | £440,720 |
| June 2021 | 7.7% | £392,315 |
| June 2020 | 2% | £364,115 |
| June 2019 | 6% | £356,877 |
| June 2018 | 3.3% | £336,575 |
| June 2017 | 1.4% | £325,733 |
| June 2016 | 5.9% | £321,273 |
| June 2015 | 2.3% | £303,512 |
| June 2014 | 4% | £296,694 |
| June 2013 | 0.3% | £285,197 |
| June 2012 | -0.6% | £284,278 |
| June 2011 | -3.1% | £286,000 |
| June 2010 | 3.3% | £295,045 |
| June 2009 | -11.2% | £285,550 |
| June 2008 | -4.4% | £321,687 |
| June 2007 | 0% | £336,512 |
Rental Market Trends
The current average rental value in the postcode is £1,715.
The WV3 0EQ Rental Market has increased by 63.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,715pcm |
| June 2025 | 3.7% | £1,680pcm |
| June 2024 | 10.1% | £1,620pcm |
| June 2023 | 12% | £1,471pcm |
| June 2022 | 6.9% | £1,313pcm |
| June 2021 | 8.4% | £1,228pcm |
| June 2020 | 3% | £1,133pcm |
| June 2019 | 0.9% | £1,100pcm |
| June 2018 | 2.1% | £1,090pcm |
| June 2017 | 2% | £1,067pcm |
| June 2016 | 2.2% | £1,046pcm |
| June 2015 | 3% | £1,024pcm |
| June 2014 | 2.1% | £994pcm |
| June 2013 | -0.8% | £973pcm |
| June 2012 | 1.2% | £980pcm |
| June 2011 | 0.8% | £969pcm |
| June 2010 | 2.3% | £961pcm |
| June 2009 | -4.1% | £939pcm |
| June 2008 | 0.8% | £980pcm |
| June 2007 | 0% | £972pcm |
Sales History
The last sale was on 2nd August 2024 for £627,500 and since then the market in the area has increased by 2.5%. The postcode has had a total of 15 sales since 1995.
WV3 0EQ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2024£627,500 | 5 Bed House173, Penn Road, Wolverhampton, WV3 0EQ173, Penn Road, Wolverhampton, WV3 0EQ
- Sold May 2023£68,268 | 5 Bed House197, Penn Road, Wolverhampton, WV3 0EQ197, Penn Road, Wolverhampton, WV3 0EQ
- Sold Dec 2017£246,000 | 4 Bed House179, Penn Road, Wolverhampton, WV3 0EQ179, Penn Road, Wolverhampton, WV3 0EQ
- Sold Mar 2017£517,000 | 5 Bed House181, Penn Road, Wolverhampton, WV3 0EQ181, Penn Road, Wolverhampton, WV3 0EQ
- Sold Sep 2016£1,481,000 | 4 Bed House179, Penn Road, Wolverhampton, WV3 0EQ179, Penn Road, Wolverhampton, WV3 0EQ
Nearby Postcodes
WV3 0EQ is the 728th largest and the 1372nd most expensive postcode out of the 1,396 postcodes in the WV3 area.
- WV3 0EJ, Penn Road, Wolverhampton, WV3WV3 0EJ13 Addresses|62 m away
- WV3 0EH, Penn Road, Wolverhampton, WV3WV3 0EH3 Addresses|96 m away
- WV2 4QE, Hayling Grove, Wolverhampton, WV2WV2 4QE30 Addresses|98 m away
- WV3 0AB, Copthorne Road, Wolverhampton, WV3WV3 0AB56 Addresses|173 m away
- WV2 4PX, Tudor Crescent, Wolverhampton, WV2WV2 4PX27 Addresses|177 m away
Property Types
- 4 period houses built between 1800 and 1911
- 1 house of an unknown age
- 13 other addresses of unknown type
- period house (4)
- house (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (1)
- D (1)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Sep 2016£1,481,000 | 4 Bed House179, Penn Road, Wolverhampton, WV3 0EQ179, Penn Road, Wolverhampton, WV3 0EQ
- Sold Aug 2024£627,500 | 5 Bed House173, Penn Road, Wolverhampton, WV3 0EQ173, Penn Road, Wolverhampton, WV3 0EQ
- Sold Mar 2017£550,000 | 6 Bed House148, Penn Road, Wolverhampton, WV3 0EH148, Penn Road, Wolverhampton, WV3 0EH
Schools Nearby
- Bantock Primary School700 m away
- Woodfield Primary School700 m away
- St Luke's Church of England Aided Primary School800 m away
- Colton Hills Community School1.1 km away
- St Peter's Collegiate Academy2.4 km away
- Wolverhampton Girls' High School2.5 km away
More reading links
Public Transport Nearby
The closest station to WV3 0EQ is Wolverhampton station, which is 2.4 kilometres away.
- Wolverhampton|2.4 km away
- Coseley|4.7 km away
- Bilbrook|6.6 km away
- Tipton|6.8 km away