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Penn Road, WV3 - Property Prices You Should Know
Get an overview of the property data shaping Penn Road in the WV3 district in Wolverhampton today.
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Associated Postcodes:
WV3 0DR, WV3 0DT, WV3 0DU, ... + 32 more
What’s the market cost of homes on Penn Road?
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House Prices > Wolverhampton > WV3 > Penn Road
Property Activity On This Street
Snapshot Stats of Property Prices in Penn Road
- Penn Road has seen 131 property sales since 2021, with each home averaging £177,900. These properties are typically 885 square feet, translating to £191 per square foot.
- Properties on Penn Road have been exchanged for prices between £39,000 and £750,000, while costs per square foot have moved from £59 to £546.
- The latest property transaction on Penn Road concluded in January 2025.
How This Road Compares Locally
Price Matchup: Penn Road and Surrounding Areas
By Sector
WV3 0
Homebuyers looking in the WV3 0 sector could pay around 26% less than those buying on Penn Road. (£131,500 vs £177,900) Therefore, a comparable home elsewhere in the sector may cost £46,400 less than a similar property on Penn Road, based on current market trends.
By District
i.e. WV3
If you're comparing, expect a premium of about 18% when buying in the WV3 district over Penn Road. (£210,600 vs £177,900). On financial grounds, homes on Penn Road might come with a discount of roughly £32,700.
By City or Town
i.e. Wolverhampton
Choosing Penn Road over Wolverhampton? Your accountant will thank you - a 70% saving awaits. (£177,900 vs £302,000). This suggests that a home on Penn Road could cost you £124,200 less than an equivalent property in Wolverhampton.
Road Features You Might Miss
Everything Else You Should Know About Penn Road
- Lining this street are 892 properties, connected to 43 postcodes.
- Penn Road continues to feature only existing homes, with no newly developed builds in the dataset.
- As it stands, properties on Penn Road are rated 65 (D) on average, with a projected improvement to 77 (C).
- Measuring an average of 885 square feet, homes on Penn Road are 2% bigger than others across Wolverhampton.
- It’s a quicker shuffle here – new owners arrive every 1 months, ahead of the 8.72 months district average.
City Property Trends
The Stories Behind the Prices in Wolverhampton
Local markets can be oddly lopsided. These reads explore what Wolverhampton gets right, where it drifts, and how it compares to the rest of the country.
Also, our Property Prices in Wolverhampton page gives a crystal-clear overview of how different areas and home types have performed.
Standout Sites Nearby
Unpacking WV3: Insights & Info
WV3 in Wolverhampton offers a well-balanced blend of amenities and attractions. Renowned for its proximity to the city centre, it appeals to both families and professionals. Excellent transport links connect the district conveniently to nearby areas, while a selection of schools ensures access to quality education. This leafy environment fosters a strong sense of community with its parks, local pubs, and charming cafes.
269
No. of Roads
2,653
No. of Transactions
£300K
Avg. Property Price
1,026
per sq/ft
Avg. Property Size
£207
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Streets to Enjoy
Roads to Spotlight Next
Popular Roads in WV3
WV3 Roads with Similar Prices
- Bagridge Close
- Crawford Road
- Cranmore Road
- Alderton Drive
- Tilbury Close
- Tibberton Close
Roads Near Penn Road
- Ash Street
- Ashland Street
- Aspen Way
- Aston Street
- Bamford Road
- Bingley Street
