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According to the public record, 498, Penn Road, Wolverhampton is a early-century freehold house with 1,334 ft2 of internal area and sits on a 564 m2 plot.
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 498, Penn Road, Wolverhampton is £316,644 and the estimated rental value is £1,381 per month.
Penn Road, Wolverhampton, WV4 is located in the borough of City of Wolverhampton within the WV4 postal district.
498, Penn Road, Wolverhampton has a single entry in the Land Registry from September 2007 and a single entry in the EPC database dated November 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 498, Penn Road, Wolverhampton is in very good condition we estimate a sale value of £332,477 and a rental value of £1,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,479 and a rental value of £1,285 per month.
Over the last 12 months the sale value of 498 Penn Road Wolverhampton has increased by an estimated £3,315 (1.0%) and its rental value has increased by an estimated £39 per month (2.8%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 498, Penn Road, Wolverhampton sits on a plot of 564m2.
We have plot size data on 28 out of 29 other houses in the postcode and 498, Penn Road, Wolverhampton sits on the 3rd largest plot.
498, Penn Road, Wolverhampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 498, Penn Road, Wolverhampton was last sold on 28th September 2007 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 56.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 498, Penn Road, Wolverhampton within a radius of 660 metres over the last 2 years.
The most recent example is 258, Warstones Road, Wolverhampton, WV4 4LF, a freehold house which sold for £292,000 on the 7th October 2022.
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, 498, Penn Road, Wolverhampton is the 67th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in WV4.
The closest station to 498, Penn Road, Wolverhampton is Wolverhampton station which is 4.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 498, Penn Road, Wolverhampton, 44.7% of property is privately owned outright and 36.2% 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 498, Penn Road, Wolverhampton, 23.3% of residents are recorded as possessing school level qualifications and 30.1% 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 498, 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 498, Penn Road, Wolverhampton, 1.1% 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 498, Penn Road, Wolverhampton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
