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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
According to the public record, 508, Penn Road, Wolverhampton is a early-century house with 1,485 ft2 of internal area and sits on a 800 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 508, Penn Road, Wolverhampton is £541,127 and the estimated rental value is £1,881 per month.
Penn Road, Wolverhampton, WV4 is located in the borough of City of Wolverhampton within the WV4 postal district.
508, Penn Road, Wolverhampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2014.
We combine this information with public data 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 508, Penn Road, Wolverhampton is in very good condition we estimate a sale value of £568,183 and a rental value of £1,975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,248 and a rental value of £1,750 per month.
Over the last 12 months the sale value of 508 Penn Road Wolverhampton has increased by an estimated £5,666 (1.0%) and its rental value has increased by an estimated £53 per month (2.8%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 508, Penn Road, Wolverhampton sits on a plot of 800m2.
We have plot size data on 28 out of 29 other houses in the postcode and 508, Penn Road, Wolverhampton sits on the largest plot.
508, Penn Road, Wolverhampton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 508, Penn Road, Wolverhampton was last sold on 28th February 2003 for £100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 508, Penn Road, Wolverhampton within a radius of 680 metres over the last 2 years.
The most recent example is 46, Buttons Farm Road, Wolverhampton, WV4 5LS, a freehold house which sold for £440,000 on the 23rd February 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, 508, Penn Road, Wolverhampton is the 51st largest and the 14th most expensive property on the street.
When compared to the postcode district it is £287k more expensive than the average property in WV4.
The closest station to 508, 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 508, 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 508, 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 508, 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 508, 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 508, 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.
