Penk Rise - WV6 8JZ
Key Postcode Insights
WV6 8JZ is a residential postcode situated on Penk Rise, Wolverhampton, WV6 with 26 addresses.
It ranks as the 691st largest and 392nd 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 26 properties: 26 houses.
- Ave. Sale Price
- £253,388
- 10 Year change
- up 55.6%
- Ave. Rental Price
- £1,362pcm
- 10 Year change
- up 77.2%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
WV6 8JZ is a residential postcode situated on Penk Rise, Wolverhampton, WV6 with 26 addresses.
It ranks as the 691st largest and 392nd 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 26 properties: 26 houses.
- Ave. Sale Price
- £253,388
- 10 Year change
- up 55.6%
- Ave. Rental Price
- £1,362pcm
- 10 Year change
- up 77.2%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin WV6 8JZ
- 1 Penk Rise
3 Bed Early-century House
- 2 Penk Rise
3 Bed Mid-century House
- 3 Penk Rise
Unknown
- 4 Penk Rise
3 Bed Mid-century House
- 5 Penk Rise
3 Bed Early-century House
Sales Market Trends
The last sale in WV6 8JZ sold for £240,000 on 29th July 2022. Since then prices are up an average of 7.8%.
The current average value in the postcode is £253,388.
The WV6 8JZ Sales Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £253,388 |
| June 2025 | 2.9% | £246,820 |
| June 2024 | -0.2% | £239,919 |
| June 2023 | 2.9% | £240,375 |
| June 2022 | 10.9% | £233,663 |
| June 2021 | 8.9% | £210,703 |
| June 2020 | 3.8% | £193,535 |
| June 2019 | 3.8% | £186,371 |
| June 2018 | 5% | £179,615 |
| June 2017 | 5% | £171,081 |
| June 2016 | 2.6% | £162,878 |
| June 2015 | 3.7% | £158,739 |
| June 2014 | 0.4% | £153,030 |
| June 2013 | 3.4% | £152,385 |
| June 2012 | -1.2% | £147,422 |
| June 2011 | 0.4% | £149,269 |
| June 2010 | 2.4% | £148,670 |
| June 2009 | -4.2% | £145,123 |
| June 2008 | 0.6% | £151,431 |
| June 2007 | 0% | £150,499 |
Rental Market Trends
The current average rental value in the postcode is £1,362.
The WV6 8JZ Rental Market has increased by 77.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,362pcm |
| June 2025 | 4.6% | £1,306pcm |
| June 2024 | 9.6% | £1,249pcm |
| June 2023 | 12.9% | £1,139pcm |
| June 2022 | 8% | £1,009pcm |
| June 2021 | 9.6% | £934pcm |
| June 2020 | 2.8% | £852pcm |
| June 2019 | 1.6% | £829pcm |
| June 2018 | 2.9% | £816pcm |
| June 2017 | 3.1% | £792pcm |
| June 2016 | 2.6% | £769pcm |
| June 2015 | 3.3% | £749pcm |
| June 2014 | 2.9% | £725pcm |
| June 2013 | -0.2% | £705pcm |
| June 2012 | 1.3% | £706pcm |
| June 2011 | 1.1% | £697pcm |
| June 2010 | 2.2% | £689pcm |
| June 2009 | -3.3% | £674pcm |
| June 2008 | 1.2% | £697pcm |
| June 2007 | 0% | £689pcm |
Sales History
The last sale was on 29th July 2022 for £240,000 and since then the market in the area has increased by 7.8%. The postcode has had a total of 32 sales since 1995.
WV6 8JZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£240,000 | 3 Bed House12, Penk Rise, Wolverhampton, WV6 8JZ12, Penk Rise, Wolverhampton, WV6 8JZ
- Sold Aug 2017£160,000 | 3 Bed House6, Penk Rise, Wolverhampton, WV6 8JZ6, Penk Rise, Wolverhampton, WV6 8JZ
- Sold Apr 2017£162,000 | 3 Bed House11, Penk Rise, Wolverhampton, WV6 8JZ11, Penk Rise, Wolverhampton, WV6 8JZ
- Sold Oct 2016£150,000 | 3 Bed House5, Penk Rise, Wolverhampton, WV6 8JZ5, Penk Rise, Wolverhampton, WV6 8JZ
- Sold Mar 2016£187,000 | 3 Bed House21, Penk Rise, Wolverhampton, WV6 8JZ21, Penk Rise, Wolverhampton, WV6 8JZ
Nearby Postcodes
WV6 8JZ is the 691st largest and the 392nd most expensive postcode out of the 972 postcodes in the WV6 area.
- WV6 8ES, School Road, Tettenhall Wood, Wolverhampton, WV6WV6 8ES9 Addresses|102 m away
- WV6 8LA, The Crescent, Badger, Wolverhampton, WV6WV6 8LA44 Addresses|107 m away
- WV6 8PX, Penk Rise, Wolverhampton, WV6WV6 8PX2 Addresses|131 m away
- WV6 8EP, School Road, Tettenhall Wood, Wolverhampton, WV6WV6 8EP34 Addresses|156 m away
- WV6 8ET, School Road, Tettenhall Wood, Wolverhampton, WV6WV6 8ET1 Addresses|160 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- mid-century house (13)
- house (1)
- early-century house (3)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (2)
- C (2)
- G (1)
- D (8)
- No EPC (10)
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
- Woodthorne Primary School400 m away
- Christ Church (Church of England) Infant and Nursery School400 m away
- Christ Church (Church of England) Junior School500 m away
- St Regis Church of England Academy500 m away
- Smestow Academy1.4 km away
- St Edmund's Catholic Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to WV6 8JZ is Bilbrook station, which is 3.3 kilometres away.
- Bilbrook|3.3 km away
- Codsall|3.9 km away
- Wolverhampton|4.5 km away
- Albrighton|7.5 km away
