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According to the public record, 337, Penn Road, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,038 ft2 of internal area and sits on a 455 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 337, Penn Road, Wolverhampton is £472,597 and the estimated rental value is £1,713 per month.
Penn Road, Wolverhampton, WV4 is located in the borough of City of Wolverhampton within the WV4 postal district.
337, Penn Road, Wolverhampton has a single entry in the Land Registry from June 2009 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 2 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 337, Penn Road, Wolverhampton is in very good condition we estimate a sale value of £496,227 and a rental value of £1,798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,515 and a rental value of £1,593 per month.
Over the last 12 months the sale value of 337 Penn Road Wolverhampton has increased by an estimated £11,949 (2.5%) and its rental value has increased by an estimated £72 per month (4.2%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 337, Penn Road, Wolverhampton sits on a plot of 455m2.
We have plot size data on 5 out of 8 other houses in the postcode and 337, Penn Road, Wolverhampton sits on the 3rd largest plot.
According to HM Land Registry, 337, Penn Road, Wolverhampton was last sold on 1st June 2009 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2009, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 337, Penn Road, Wolverhampton within a radius of 640 metres over the last 2 years.
The most recent example is 4, Virginia Drive, Wolverhampton, WV4 5PS, a freehold house which sold for £350,000 on the 11th August 2021.
Read more about house prices in WV4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Road, Wolverhampton, WV4 has a total of 366 addresses. According to our analysis of all the public data, 337, Penn Road, Wolverhampton is the 128th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £219k more expensive than the average property in WV4.
The closest station to 337, Penn Road, Wolverhampton is Wolverhampton station which is 3.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 337, Penn Road, Wolverhampton, 45.6% of property is privately owned outright and 22.4% 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 337, Penn Road, Wolverhampton, 14.3% of residents are recorded as possessing school level qualifications and 29.6% 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 337, Penn Road, Wolverhampton, the average age was 42.6 and the most common age was 52.
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 337, Penn Road, Wolverhampton, 0.0% 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 337, Penn Road, Wolverhampton, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.