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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, 179, Penn Road, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,743 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 179, Penn Road, Wolverhampton is £585,912 and the estimated rental value is £2,037 per month.
Penn Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
179, Penn Road, Wolverhampton has 21 entries in the Land Registry , most recently in December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 179, Penn Road, Wolverhampton is in very good condition we estimate a sale value of £615,207 and a rental value of £2,139 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,898 and a rental value of £1,894 per month.
Over the last 12 months the sale value of 179 Penn Road Wolverhampton has increased by an estimated £5,988 (1.0%) and its rental value has increased by an estimated £78 per month (3.8%), giving an expected gross yield of 4.2%.
According to HM Land Registry, 179, Penn Road, Wolverhampton was last sold on 15th December 2017 for £246,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2017, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 179, Penn Road, Wolverhampton within a radius of 560 metres over the last 2 years.
The most recent example is 3, Coalway Avenue, Wolverhampton, WV3 7LT, a freehold house which sold for £385,000 on the 12th January 2018.
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, 179, Penn Road, Wolverhampton is the 20th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £381k more expensive than the average property in WV3.
The closest station to 179, Penn Road, Wolverhampton is Wolverhampton station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 179, Penn Road, Wolverhampton, 32.2% of property is privately owned with a mortgage and 27.0% is socially rented.
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 179, Penn Road, Wolverhampton, 12.2% of residents are recorded as possessing school level qualifications and 29.8% 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 179, 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 179, Penn Road, Wolverhampton, 1.3% 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 179, Penn Road, Wolverhampton, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
