Penn Road - WV4 5LN
Key Postcode Insights
WV4 5LN is a residential postcode situated on Penn Road, Wolverhampton, WV4 with 14 addresses.
It ranks as the 327th largest and 492nd most expensive of the 707 postcodes in the WV4 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £309,473
- 10 Year change
- up 56.6%
- Ave. Rental Price
- £1,286pcm
- 10 Year change
- up 73.3%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
WV4 5LN is a residential postcode situated on Penn Road, Wolverhampton, WV4 with 14 addresses.
It ranks as the 327th largest and 492nd most expensive of the 707 postcodes in the WV4 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £309,473
- 10 Year change
- up 56.6%
- Ave. Rental Price
- £1,286pcm
- 10 Year change
- up 73.3%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin WV4 5LN
- 429 Penn Road
House
- 431 Penn Road
3 Bed House
- 433 Penn Road
House
- 435 Penn Road
4 Bed Early-century House
- 437 Penn Road
3 Bed Early-century House
Sales Market Trends
The last sale in WV4 5LN sold for £295,000 on 16th February 2024. Since then prices are up an average of 8.4%.
The current average value in the postcode is £309,473.
The WV4 5LN Sales Market has increased by 56.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £309,473 |
| June 2025 | 4.4% | £303,678 |
| June 2024 | -0.3% | £290,741 |
| June 2023 | 1.5% | £291,640 |
| June 2022 | 11.7% | £287,304 |
| June 2021 | 10.8% | £257,325 |
| June 2020 | 2.6% | £232,318 |
| June 2019 | 4.7% | £226,343 |
| June 2018 | 4.6% | £216,096 |
| June 2017 | 4.5% | £206,611 |
| June 2016 | 4.5% | £197,668 |
| June 2015 | 3.3% | £189,144 |
| June 2014 | 3.1% | £183,165 |
| June 2013 | 1.9% | £177,644 |
| June 2012 | -2% | £174,369 |
| June 2011 | -1.6% | £178,016 |
| June 2010 | 4% | £180,923 |
| June 2009 | -7.4% | £173,952 |
| June 2008 | -4.9% | £187,791 |
| June 2007 | 0% | £197,411 |
Rental Market Trends
The current average rental value in the postcode is £1,286.
The WV4 5LN Rental Market has increased by 73.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,286pcm |
| June 2025 | 4.5% | £1,245pcm |
| June 2024 | 9.9% | £1,191pcm |
| June 2023 | 10.5% | £1,084pcm |
| June 2022 | 8.6% | £981pcm |
| June 2021 | 8% | £903pcm |
| June 2020 | 3.3% | £836pcm |
| June 2019 | 2.8% | £809pcm |
| June 2018 | 2.3% | £787pcm |
| June 2017 | 3.7% | £769pcm |
| June 2016 | 3.5% | £742pcm |
| June 2015 | 2.5% | £717pcm |
| June 2014 | 1.6% | £699pcm |
| June 2013 | -0.1% | £688pcm |
| June 2012 | 2.4% | £689pcm |
| June 2011 | 1.3% | £673pcm |
| June 2010 | 3% | £664pcm |
| June 2009 | -2.6% | £644pcm |
| June 2008 | 1.9% | £661pcm |
| June 2007 | 0% | £649pcm |
Sales History
The last sale was on 16th February 2024 for £295,000 and since then the market in the area has increased by 8.4%. The postcode has had a total of 17 sales since 1995.
WV4 5LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£295,000 | 3 Bed House449, Penn Road, Wolverhampton, WV4 5LN449, Penn Road, Wolverhampton, WV4 5LN
- Sold Jun 2018£244,000 | 3 Bed House449, Penn Road, Wolverhampton, WV4 5LN449, Penn Road, Wolverhampton, WV4 5LN
- Sold Oct 2017£160,000 | 3 Bed House431, Penn Road, Wolverhampton, WV4 5LN431, Penn Road, Wolverhampton, WV4 5LN
- Sold Aug 2016£180,000 | 3 Bed House455, Penn Road, Wolverhampton, WV4 5LN455, Penn Road, Wolverhampton, WV4 5LN
- Sold Nov 2015£150,000 | 3 Bed House451, Penn Road, Wolverhampton, WV4 5LN451, Penn Road, Wolverhampton, WV4 5LN
Nearby Postcodes
WV4 5LN is the 327th largest and the 492nd most expensive postcode out of the 707 postcodes in the WV4 area.
- WV4 4HU, Penn Road, Wolverhampton, WV4WV4 4HU33 Addresses|54 m away
- WV4 5LW, Buttons Farm Road, Wolverhampton, WV4WV4 5LW1 Addresses|60 m away
- WV4 5LP, Holden Road, Wolverhampton, WV4WV4 5LP22 Addresses|69 m away
- WV4 4JL, Braden Road, Wolverhampton, WV4WV4 4JL51 Addresses|124 m away
- WV4 5LY, Buttons Farm Road, Wolverhampton, WV4WV4 5LY22 Addresses|140 m away
Property Types
- 2 houses of an unknown age
- 8 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- house (2)
- early-century house (8)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Nov 2021£750,000 | 5 Bed House249, Penn Road, Wolverhampton, WV4 5SF249, Penn Road, Wolverhampton, WV4 5SF
- Sold Jul 2024£546,500 | 4 Bed House267, Penn Road, Wolverhampton, WV4 5QP267, Penn Road, Wolverhampton, WV4 5QP
- Sold Mar 2021£536,585 | 5 Bed House376, Penn Road, Wolverhampton, WV4 4DB376, Penn Road, Wolverhampton, WV4 4DB
Schools Nearby
- Springdale Primary School700 m away
- St Bartholomew's Church of England Primary School800 m away
- Warstones Primary School1.4 km away
- Highfields School1.2 km away
- Colton Hills Community School2.2 km away
- Smestow Academy3.0 km away
More reading links
Public Transport Nearby
The closest station to WV4 5LN is Wolverhampton station, which is 4.8 kilometres away.
- Wolverhampton|4.8 km away
- Coseley|5.7 km away
- Tipton|7.5 km away
- Bilbrook|7.6 km away
