Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 157, Penn Road, Wolverhampton is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 157, Penn Road, Wolverhampton is £88,212 and the estimated rental value is £623 per month.
The apartment is within 157, Penn Road, Wolverhampton, WV3.
Penn Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
157, Penn Road, Wolverhampton has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 157, Penn Road, Wolverhampton is in very good condition we estimate a sale value of £92,622 and a rental value of £655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,037 and a rental value of £580 per month.
Over the last 12 months the sale value of 157 Penn Road Wolverhampton has increased by an estimated £1,422 (1.6%) and its rental value has increased by an estimated £24 per month (3.9%), giving an expected gross yield of 8.5%.
157, Penn Road, Wolverhampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 157, Penn Road, Wolverhampton was last sold on 24th January 2020 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 157, Penn Road, Wolverhampton within a radius of 540 metres over the last 2 years.
The most recent example is 143, Penn Road, Wolverhampton, WV3 0ED, a leasehold flat which sold for £73,000 on the 31st March 2021.
Read more about house prices in WV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Road, Wolverhampton, WV3 has a total of 85 addresses. According to our analysis of all the public data, 157, Penn Road, Wolverhampton is the 77th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in WV3.
The closest station to 157, Penn Road, Wolverhampton is Wolverhampton station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 157, Penn Road, Wolverhampton, 50.3% of property is privately rented and 28.7% is privately owned outright.
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 157, Penn Road, Wolverhampton, 20.7% of residents are recorded as possessing school level qualifications and 27.4% 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 157, Penn Road, Wolverhampton, the average age was 35.3 and the most common age was 32.
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 157, Penn Road, Wolverhampton, 0.5% 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 157, Penn Road, Wolverhampton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
