Property Prices on Penn Common, WV4 - Full Market Breakdown

Discover valuable information about Penn Common in Wolverhampton on this page, and understand how it stacks up against the rest of the area and Wolverhampton in general.

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Associated Postcodes:

WV4 5JN, WV4 5JZ, WV4 5LA, ... + 1 more

What are fair prices for homes on Penn Common?

Estimated Property Value
£1,010,305
7.5/10
↗ 5.2%
2,763 sq/ft
Select a property type to see average size for this road
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🏘️
Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
📍
This District
£690,000
🏙️
All of Coventry
View the city-wide average
£485,000
📊
Select a comparison above to see how Leaf Lane performs

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House Prices   >   Wolverhampton  >   WV4  >  Penn Common

Market Beat of This Road

House Price Insights for Penn Common

  • Since 2021, there have been 2 transactions on Penn Common, with house prices averaging around £364,700, representing an average of 1,095 square feet (which gives an average of £346 per square foot.
  • Homes transacted on Penn Common have fetched figures between £190,000 and £700,000, while per-square-foot rates moved between £294 and £406.
  • The last recorded property sale on Penn Common was in March 2022.
Housing Costs vs Nearby Areas

Price Breakdown: Penn Common and Surrounding Areas

By Sector

WV4 5

Buying on Penn Common comes with a 36% higher average cost than the WV4 5 sector. (£364,700 vs £235,000). Therefore, choosing Penn Common could mean budgeting approximately £129,700 more than if buying elsewhere in the sector.

By District

i.e. WV4

The average cost of a home on Penn Common is 48% steeper than in the WV4 district. (£364,700 vs £190,400). As the statistics suggest, securing a comparable home on Penn Common could involve an extra £174,300.

By City or Town

i.e. Wolverhampton

On average, you’d spend 46% less on a home in Wolverhampton than on Penn Common. (£196,000 vs £364,700). Not to be overlooked, that extra £168,500 might simply be location tax.

Street Facts Beyond Prices

Relevant Useful Facts for Penn Common

  • This street carries 38 properties, grouped neatly under 5 postcode identifiers.
  • No properties on Penn Common were developed as new-builds.
  • Homes on Penn Common have a current average EPC score of 54 (E), with a potential boost to 77 (C).
  • On Penn Common, the average residence covers 1,095 square feet, 16% roomier than Wolverhampton standards.
  • Sales tend to happen sooner on this street, with the average gap at 43 months compared to 8.56 months in WV4.
Local Property Primer

Local Market Insights for Wolverhampton

Curious about buying or investing in Wolverhampton? Our detailed resources reveal top areas, property movements, and advice for a winning deal.
In case you’re exploring the bigger picture, the House Prices in Wolverhampton page gives you the full story in one tidy place.
Area Outings Worthwhile

A Closer Look at WV4

Let’s say you’ve been thinking about WV4 but haven’t had the time (or patience) to sift through fifty search results and a few overly positive property brochures – this bit here is the shortcut you didn’t know you needed, with substance, not sparkle.
285
No. of Roads
2,863
No. of Transactions
£200K
Avg. Property Price
1,000
per sq/ft
Avg. Property Size
£202
per sq/ft
Avg. Cost Per Sq/Ft
More Paths to Discover

Roads to Spotlight Next

Popular Roads in WV4

WV4 Roads with Similar Prices

Roads Near Penn Common

Penn Common, WV4, Wolverhampton

Data You Can Believe In

We tap into authoritative data and reroute it through our valuation framework - an approach that trims exaggeration and restores proportionality. The result is impressively clean and balanced street-level figures. Learn what happens behind the figures

  1. Wolverhampton City Council
  2. ONS (Wolverhampton)
  3. HM Land Registry (Wolverhampton)
  4. UK Government EPC Register (Penn Common Wolverhampton)
  5. MySociety.org WV4 5JZ
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    Strength: Very Weak