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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Penstone Lane, Wolverhampton is a early-century freehold house with 1,399 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Penstone Lane, Wolverhampton is £440,985 and the estimated rental value is £1,533 per month.
Penstone Lane, Wolverhampton, WV4 is located in the borough of South Staffordshire within the WV4 postal district.
1, Penstone Lane, Wolverhampton has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Penstone Lane, Wolverhampton is in very good condition we estimate a sale value of £463,034 and a rental value of £1,610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,116 and a rental value of £1,426 per month.
Over the last 12 months the sale value of 1 Penstone Lane Wolverhampton has increased by an estimated £4,617 (1.0%) and its rental value has increased by an estimated £43 per month (2.8%), giving an expected gross yield of 4.2%.
1, Penstone Lane, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 1, Penstone Lane, Wolverhampton was last sold on 1st November 2024 for £410,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has dropped 33.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Penstone Lane, Wolverhampton within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 1, Dimmingsdale Road, Wolverhampton, WV4 4XF, a freehold house which sold for £480,000 on the 23rd January 2025.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penstone Lane, Wolverhampton, WV4 has a total of 37 addresses. According to our analysis of all the public data, 1, Penstone Lane, Wolverhampton is the 13th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in WV4.
The closest station to 1, Penstone Lane, Wolverhampton is Wolverhampton station which is 6.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Penstone Lane, Wolverhampton, 51.8% of property is privately owned outright and 34.8% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Penstone Lane, Wolverhampton, 16.7% of residents are recorded as possessing school level qualifications and 35.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Penstone Lane, Wolverhampton, the average age was 47.2 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Penstone Lane, Wolverhampton, 2.8% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Penstone Lane, Wolverhampton, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
