Penk Rise - WV6 8JY
Key Postcode Insights
WV6 8JY is a residential postcode situated on Penk Rise, Wolverhampton, WV6 with 11 addresses.
It ranks as the 304th largest and 432nd most expensive of the 972 postcodes in the WV6 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £279,132
- 10 Year change
- up 50.3%
- Ave. Rental Price
- £1,398pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £291/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
WV6 8JY is a residential postcode situated on Penk Rise, Wolverhampton, WV6 with 11 addresses.
It ranks as the 304th largest and 432nd most expensive of the 972 postcodes in the WV6 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £279,132
- 10 Year change
- up 50.3%
- Ave. Rental Price
- £1,398pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £291/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin WV6 8JY
- 27 Penk Rise
3 Bed Early-century House
- 28 Penk Rise
3 Bed Mid-century House
- 29 Penk Rise
3 Bed Mid-century House
- 30 Penk Rise
Unknown
- 31 Penk Rise
3 Bed Mid-century House
Sales Market Trends
The last sale in WV6 8JY sold for £225,000 on 26th May 2023. Since then prices are up an average of 3.7%.
The current average value in the postcode is £279,132.
The WV6 8JY Sales Market has increased by 50.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £279,132 |
| June 2025 | 2.3% | £275,874 |
| June 2024 | -0.2% | £269,637 |
| June 2023 | 2.7% | £270,192 |
| June 2022 | 10.2% | £263,122 |
| June 2021 | 8.7% | £238,743 |
| June 2020 | 4% | £219,591 |
| June 2019 | 3.4% | £211,113 |
| June 2018 | 4.7% | £204,100 |
| June 2017 | 5% | £194,992 |
| June 2016 | 2.6% | £185,657 |
| June 2015 | 3.9% | £181,007 |
| June 2014 | 0.2% | £174,196 |
| June 2013 | 3.2% | £173,842 |
| June 2012 | -1.3% | £168,409 |
| June 2011 | 0.8% | £170,560 |
| June 2010 | 3.6% | £169,123 |
| June 2009 | -4.2% | £163,211 |
| June 2008 | 0.7% | £170,430 |
| June 2007 | 0% | £169,312 |
Rental Market Trends
The current average rental value in the postcode is £1,398.
The WV6 8JY Rental Market has increased by 71.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,398pcm |
| June 2025 | 4% | £1,359pcm |
| June 2024 | 9.6% | £1,307pcm |
| June 2023 | 12.7% | £1,192pcm |
| June 2022 | 7.3% | £1,058pcm |
| June 2021 | 9.5% | £986pcm |
| June 2020 | 3% | £901pcm |
| June 2019 | 1.3% | £875pcm |
| June 2018 | 2.6% | £864pcm |
| June 2017 | 3.1% | £841pcm |
| June 2016 | 2.6% | £816pcm |
| June 2015 | 3.5% | £796pcm |
| June 2014 | 2.7% | £769pcm |
| June 2013 | -0.3% | £749pcm |
| June 2012 | 1.3% | £751pcm |
| June 2011 | 1.6% | £742pcm |
| June 2010 | 3.4% | £730pcm |
| June 2009 | -3.3% | £706pcm |
| June 2008 | 1.2% | £731pcm |
| June 2007 | 0% | £722pcm |
Sales History
The last sale was on 26th May 2023 for £225,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 13 sales since 1995.
WV6 8JY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2023£225,000 | 3 Bed House31, Penk Rise, Wolverhampton, WV6 8JY31, Penk Rise, Wolverhampton, WV6 8JY
- Sold Jan 2023£245,000 | 3 Bed House32, Penk Rise, Wolverhampton, WV6 8JY32, Penk Rise, Wolverhampton, WV6 8JY
- Sold Dec 2022£220,000 | 3 Bed House28, Penk Rise, Wolverhampton, WV6 8JY28, Penk Rise, Wolverhampton, WV6 8JY
- Sold Dec 2022£200,000 | 3 Bed House29, Penk Rise, Wolverhampton, WV6 8JY29, Penk Rise, Wolverhampton, WV6 8JY
- Sold May 2022£235,000 | 4 Bed House36, Penk Rise, Wolverhampton, WV6 8JY36, Penk Rise, Wolverhampton, WV6 8JY
Nearby Postcodes
WV6 8JY is the 304th largest and the 432nd most expensive postcode out of the 972 postcodes in the WV6 area.
- WV6 8JT, Rising Brook, Wolverhampton, WV6WV6 8JT22 Addresses|58 m away
- WV6 8JX, Kingsley Avenue, Wolverhampton, WV6WV6 8JX12 Addresses|75 m away
- WV6 8JN, Woodhouse Road, Wolverhampton, WV6WV6 8JN16 Addresses|117 m away
- WV6 8JS, Kingsley Avenue, Wolverhampton, WV6WV6 8JS12 Addresses|130 m away
- WV6 8JH, Woodhouse Road, Wolverhampton, WV6WV6 8JH15 Addresses|163 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (5)
- early-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Sep 2021£317,000 | 3 Bed House100, Penk Rise, Wolverhampton, WV6 8PX100, Penk Rise, Wolverhampton, WV6 8PX
- Sold Sep 2021£315,000 | 3 Bed House101, Penk Rise, Wolverhampton, WV6 8PX101, Penk Rise, Wolverhampton, WV6 8PX
- Sold Jan 2023£245,000 | 3 Bed House32, Penk Rise, Wolverhampton, WV6 8JY32, Penk Rise, Wolverhampton, WV6 8JY
Schools Nearby
- Christ Church (Church of England) Junior School300 m away
- Woodthorne Primary School400 m away
- Christ Church (Church of England) Infant and Nursery School600 m away
- St Regis Church of England Academy400 m away
- St Edmund's Catholic Academy1.5 km away
- St Peter's Collegiate Academy1.5 km away
More reading links
Public Transport Nearby
The closest station to WV6 8JY is Bilbrook station, which is 3.2 kilometres away.
- Bilbrook|3.2 km away
- Codsall|3.8 km away
- Wolverhampton|4.3 km away
- Albrighton|7.5 km away