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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, Pen Rise, Wolverhampton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,401 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 Pen Rise, Wolverhampton is £562,156 and the estimated rental value is £1,558 per month.
Draycott, Claverley, Wolverhampton, WV5 is located within the WV5 postal district.
Pen Rise, Wolverhampton has 41 entries in the Land Registry , most recently in June 2011 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 Pen Rise, Wolverhampton is in very good condition we estimate a sale value of £590,263 and a rental value of £1,636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,805 and a rental value of £1,449 per month.
Over the last 12 months the sale value of Pen Rise Wolverhampton has increased by an estimated £11,981 (2.1%) and its rental value has increased by an estimated £46 per month (2.9%), giving an expected gross yield of 3.3%.
According to HM Land Registry, Pen Rise, Wolverhampton was last sold on 30th June 2011 for £362,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since June 2011, the market for similar properties has risen 45.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Pen Rise, Wolverhampton within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Cross Cottage, Wolverhampton, WV5 7DQ, a freehold house which sold for £255,000 on the 9th June 2023.
Read more about house prices in WV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Draycott, Claverley, Wolverhampton, WV5 has a total of 21 addresses. According to our analysis of all the public data, Pen Rise, Wolverhampton is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £211k more expensive than the average property in WV5.
The closest station to Pen Rise, Wolverhampton is Codsall station which is 11.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Pen Rise, Wolverhampton, 46.3% of property is privately owned outright and 32.9% 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 Pen Rise, Wolverhampton, 13.3% of residents are recorded as possessing school level qualifications and 37.4% 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 Pen Rise, Wolverhampton, the average age was 48.3 and the most common age was 57.
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 Pen Rise, Wolverhampton, 2.9% 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 Pen Rise, Wolverhampton, there are an average of 2.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
