Penn Common - WV4 5LB
Key Postcode Insights
WV4 5LB is a residential postcode situated on Penn Common, Wolverhampton, WV4 with 3 addresses.
It ranks as the 68th largest and 617th 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 3 properties: 3 houses.
- Ave. Sale Price
- £397,419
- 10 Year change
- up 50.7%
- Ave. Rental Price
- £1,466pcm
- 10 Year change
- up 66.8%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
WV4 5LB is a residential postcode situated on Penn Common, Wolverhampton, WV4 with 3 addresses.
It ranks as the 68th largest and 617th 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 3 properties: 3 houses.
- Ave. Sale Price
- £397,419
- 10 Year change
- up 50.7%
- Ave. Rental Price
- £1,466pcm
- 10 Year change
- up 66.8%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin WV4 5LB
Sales Market Trends
The last sale in WV4 5LB sold for £225,000 on 10th July 2009. Since then prices are up an average of 72.7%.
The current average value in the postcode is £397,419.
The WV4 5LB Sales Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £397,419 |
| June 2025 | 3.9% | £396,722 |
| June 2024 | -0.5% | £381,948 |
| June 2023 | 1.3% | £383,715 |
| June 2022 | 11% | £378,950 |
| June 2021 | 10.6% | £341,266 |
| June 2020 | 2.8% | £308,623 |
| June 2019 | 4.4% | £300,327 |
| June 2018 | 4.3% | £287,668 |
| June 2017 | 4.6% | £275,693 |
| June 2016 | 4.5% | £263,688 |
| June 2015 | 3.3% | £252,235 |
| June 2014 | 3% | £244,275 |
| June 2013 | 1.7% | £237,112 |
| June 2012 | -2.1% | £233,075 |
| June 2011 | -1.2% | £238,028 |
| June 2010 | 5.2% | £241,039 |
| June 2009 | -6.9% | £229,226 |
| June 2008 | -5.1% | £246,307 |
| June 2007 | 0% | £259,663 |
Rental Market Trends
The current average rental value in the postcode is £1,466.
The WV4 5LB Rental Market has increased by 66.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £1,466pcm |
| June 2025 | 4% | £1,443pcm |
| June 2024 | 9.8% | £1,387pcm |
| June 2023 | 10.1% | £1,263pcm |
| June 2022 | 8.1% | £1,148pcm |
| June 2021 | 7.7% | £1,062pcm |
| June 2020 | 3.4% | £985pcm |
| June 2019 | 2.6% | £953pcm |
| June 2018 | 2% | £929pcm |
| June 2017 | 3.6% | £911pcm |
| June 2016 | 3.4% | £879pcm |
| June 2015 | 2.6% | £850pcm |
| June 2014 | 1.4% | £828pcm |
| June 2013 | -0.2% | £817pcm |
| June 2012 | 2.5% | £819pcm |
| June 2011 | 1.8% | £799pcm |
| June 2010 | 4.1% | £785pcm |
| June 2009 | -2.2% | £754pcm |
| June 2008 | 1.8% | £771pcm |
| June 2007 | 0% | £757pcm |
Sales History
The last sale was on 10th July 2009 for £225,000 and since then the market in the area has increased by 72.7%. The postcode has had a total of 5 sales since 1995.
WV4 5LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2009£225,000 | 3 Bed HouseBeacon View, Penn Common, Wolverhampton, WV4 5LBBeacon View, Penn Common, Wolverhampton, WV4 5LB
- Sold Mar 2005£250,000 | 3 Bed HouseBeacon View, Penn Common, Wolverhampton, WV4 5LBBeacon View, Penn Common, Wolverhampton, WV4 5LB
- Sold Oct 2003£340,000 | 4 Bed HouseFairways, Penn Common, Wolverhampton, WV4 5LBFairways, Penn Common, Wolverhampton, WV4 5LB
- Sold May 2003£156,500 | 3 Bed HouseBeacon View, Penn Common, Wolverhampton, WV4 5LBBeacon View, Penn Common, Wolverhampton, WV4 5LB
- Sold Jun 1996£166,000 | 4 Bed HouseFairways, Penn Common, Wolverhampton, WV4 5LBFairways, Penn Common, Wolverhampton, WV4 5LB
Nearby Postcodes
WV4 5LB is the 68th largest and the 617th most expensive postcode out of the 707 postcodes in the WV4 area.
- WV4 5LA, Penn Common, Wolverhampton, WV4WV4 5LA11 Addresses|45 m away
- WV4 5JZ, Penn Common, Wolverhampton, WV4WV4 5JZ5 Addresses|75 m away
- WV4 5LE, Sedgley Road, Wolverhampton, WV4WV4 5LE15 Addresses|144 m away
- WV4 5LD, Sedgley Road, Wolverhampton, WV4WV4 5LD25 Addresses|168 m away
- WV4 5JJ, Pennwood Lane, Wolverhampton, WV4WV4 5JJ7 Addresses|216 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
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 5LB 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
