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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, 181, Penn Road, Wolverhampton is a period freehold house with 2,744 ft2 of internal area and sits on a 2,415 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 181, Penn Road, Wolverhampton is £758,093 and the estimated rental value is £2,707 per month.
Penn Road, Wolverhampton, WV3 is located in the borough of City of Wolverhampton within the WV3 postal district.
181, Penn Road, Wolverhampton has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property 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 181, Penn Road, Wolverhampton is in very good condition we estimate a sale value of £795,998 and a rental value of £2,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £705,027 and a rental value of £2,518 per month.
Over the last 12 months the sale value of 181 Penn Road Wolverhampton has decreased by an estimated £4,048 (0.5%) and its rental value has increased by an estimated £43 per month (1.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 181, Penn Road, Wolverhampton sits on a plot of 2415m2.
We have plot size data on 11 out of 16 other houses in the postcode and 181, Penn Road, Wolverhampton sits on the 2nd largest plot.
181, Penn Road, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Nov 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 181, Penn Road, Wolverhampton was last sold on 3rd March 2017 for £517,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2017, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 181, Penn Road, Wolverhampton within a radius of 570 metres over the last 2 years.
The most recent example is 197, Penn Road, Wolverhampton, WV3 0EQ, a freehold house which sold for £68,268 on the 26th May 2023.
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, 181, Penn Road, Wolverhampton is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £553k more expensive than the average property in WV3.
The closest station to 181, 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 181, 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 181, 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 181, 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 181, 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 181, 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.
