Penn Common - WV4 5LA
Key Postcode Insights
WV4 5LA is a residential postcode situated on Penn Common, Wolverhampton, WV4 with 11 addresses.
It ranks as the 266th largest and 143rd most expensive of the 707 postcodes in the WV4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £203,563
- 10 Year change
- up 53.8%
- Ave. Rental Price
- £1,094pcm
- 10 Year change
- up 70.3%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
WV4 5LA is a residential postcode situated on Penn Common, Wolverhampton, WV4 with 11 addresses.
It ranks as the 266th largest and 143rd most expensive of the 707 postcodes in the WV4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £203,563
- 10 Year change
- up 53.8%
- Ave. Rental Price
- £1,094pcm
- 10 Year change
- up 70.3%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin WV4 5LA
- 10 Turf Cottages Penn Common
3 Bed Period House
- 12 Turf Cottages Penn Common
3 Bed Period House
- 2 Turf Cottages Penn Common
3 Bed Period House
- 3 Turf Cottages Penn Common
3 Bed Period House
Sales Market Trends
The last sale in WV4 5LA sold for £186,000 on 27th April 2026. Since then prices are down an average of 0.3%.
The current average value in the postcode is £203,563.
The WV4 5LA Sales Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £203,563 |
| June 2025 | 4.2% | £201,074 |
| June 2024 | -0.5% | £192,924 |
| June 2023 | 1.3% | £193,813 |
| June 2022 | 11.3% | £191,363 |
| June 2021 | 10.6% | £171,892 |
| June 2020 | 2.7% | £155,380 |
| June 2019 | 4.6% | £151,279 |
| June 2018 | 4.4% | £144,649 |
| June 2017 | 4.6% | £138,500 |
| June 2016 | 4.5% | £132,353 |
| June 2015 | 3.2% | £126,599 |
| June 2014 | 3.1% | £122,724 |
| June 2013 | 1.8% | £119,001 |
| June 2012 | -2% | £116,882 |
| June 2011 | -1.5% | £119,301 |
| June 2010 | 4.5% | £121,089 |
| June 2009 | -6.9% | £115,882 |
| June 2008 | -5% | £124,502 |
| June 2007 | 0% | £131,004 |
Rental Market Trends
The current average rental value in the postcode is £1,094.
The WV4 5LA Rental Market has increased by 70.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,094pcm |
| June 2025 | 4.4% | £1,066pcm |
| June 2024 | 9.8% | £1,021pcm |
| June 2023 | 10.1% | £930pcm |
| June 2022 | 8.4% | £845pcm |
| June 2021 | 7.8% | £779pcm |
| June 2020 | 3.3% | £723pcm |
| June 2019 | 2.8% | £700pcm |
| June 2018 | 2.1% | £680pcm |
| June 2017 | 3.7% | £667pcm |
| June 2016 | 3.4% | £643pcm |
| June 2015 | 2.5% | £621pcm |
| June 2014 | 1.5% | £606pcm |
| June 2013 | -0.1% | £598pcm |
| June 2012 | 2.6% | £598pcm |
| June 2011 | 1.5% | £583pcm |
| June 2010 | 3.4% | £575pcm |
| June 2009 | -2.2% | £556pcm |
| June 2008 | 2% | £568pcm |
| June 2007 | 0% | £557pcm |
Sales History
The last sale was on 27th April 2026 for £186,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 6 sales since 1995.
WV4 5LA has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£186,000 | 3 Bed House8 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA8 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA
- Sold Dec 2019£190,000 | 3 Bed House10 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA10 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA
- Sold Jul 2013£190,000 | 3 Bed House12 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA12 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA
- Sold Nov 2006£138,000 | 3 Bed House6 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA6 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA
- Sold Aug 2003£118,000 | 3 Bed House9 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA9 Turf Cottages, Penn Common, Wolverhampton, WV4 5LA
Nearby Postcodes
WV4 5LA is the 266th largest and the 143rd most expensive postcode out of the 707 postcodes in the WV4 area.
- WV4 5LB, Penn Common, Wolverhampton, WV4WV4 5LB3 Addresses|45 m away
- WV4 5JZ, Penn Common, Wolverhampton, WV4WV4 5JZ5 Addresses|47 m away
- WV4 5LE, Sedgley Road, Wolverhampton, WV4WV4 5LE15 Addresses|131 m away
- WV4 5LD, Sedgley Road, Wolverhampton, WV4WV4 5LD25 Addresses|179 m away
- WV4 5JN, Penn Common, Wolverhampton, WV4WV4 5JN4 Addresses|236 m away
Property Types
- 6 period houses built between 1800 and 1911
- 5 other addresses of unknown type
- period house (6)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (1)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Mar 2022£699,950 | 4 Bed HouseThe Sedges, Penn Common, Wolverhampton, WV4 5JNThe Sedges, Penn Common, Wolverhampton, WV4 5JN
- Sold May 2008£465,000 | 4 Bed HouseThe Sedges, Penn Common, Wolverhampton, WV4 5JNThe Sedges, Penn Common, Wolverhampton, WV4 5JN
- Sold Sep 2006£430,000 | 4 Bed HouseThe Sedges, Penn Common, Wolverhampton, WV4 5JNThe Sedges, Penn Common, Wolverhampton, WV4 5JN
Schools Nearby
- St Bartholomew's Church of England Primary School300 m away
- Alder Coppice Primary School1.6 km away
- Springdale Primary School1.6 km away
- Colton Hills Community School1.5 km away
- Highfields School2.2 km away
- The Dormston School2.6 km away
More reading links
Public Transport Nearby
The closest station to WV4 5LA is Wolverhampton station, which is 4.6 kilometres away.
- Wolverhampton|4.6 km away
- Coseley|4.6 km away
- Tipton|6.4 km away
- Dudley Port|7.7 km away
