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Discover Property Prices for Pennhouse Avenue, WV4
Unlock fresh details about Pennhouse Avenue in Wolverhampton, including how it shapes up compared to surrounding streets and the whole of Wolverhampton.
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Associated Postcodes:
WV4 4BB, WV4 4BD, WV4 4BE, ... + 2 more
What’s the realistic price for properties on Pennhouse Avenue?
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House Prices > Wolverhampton > WV4 > Pennhouse Avenue
Housing Activity on This Street
Key Details about Property Prices in Pennhouse Avenue
- Since 2021, Pennhouse Avenue has registered 45 property sales, though 2 could not be analysed due to missing size data. The remainder averaged £134,700 across 848 square feet – meaning £173 per square foot.
- Sales on Pennhouse Avenue have shown property values from £35,000 to £380,000, while per-square-foot values have ranged from £59 to £836.
- The final change of name on the letterbox on Pennhouse Avenue happened in November 2024.
How This Street Stacks Up
House Prices: Pennhouse Avenue Against Surrounding Areas
By Sector
WV4 4
Why spend more? Pennhouse Avenue homes are around 74% cheaper than sector competitors. (£234,200 vs £134,700). Given this pricing, opting for Pennhouse Avenue could reduce your outlay by about £99,500 compared to other sector properties.
By District
i.e. WV4
House prices on Pennhouse Avenue reflect a 60% discount on average compared to those in the WV4 district. (£134,700 vs £215,200). Based on this market data, a similar property on Pennhouse Avenue might save you around £80,500 compared to elsewhere in the district.
By City or Town
i.e. Wolverhampton
Properties in Wolverhampton come at a premium, averaging 124% more than those in Pennhouse Avenue. (£302,000 vs £134,700). This underscores that choosing Wolverhampton over Pennhouse Avenue could mean an additional outlay of £167,400.
What Else Defines This Street
Additional Key Insights on Pennhouse Avenue
- This street comprises 150 properties, with 5 postcodes associated with it.
- There are no recent developments or new-build homes on Pennhouse Avenue.
- Properties on Pennhouse Avenue currently have an average EPC rating of 66 (D), with the potential to improve to 80 (C).
- Across Pennhouse Avenue, homes span roughly 848 square feet, offering 7% more space than the typical property in Wolverhampton.
- This street stays lively, with buyers coming in every 2 months – quicker than the 9.1 months pace nearby.
District Market Breakdowns
Wolverhampton Property: Behind the Asking Prices
Searching for a purchase or investment in Wolverhampton? Our guides reveal the best roads, real estate patterns, and market strategies for a top deal.
Furthermore, you’ll find data on the House Prices in Wolverhampton page, and real-world context over on our Wolverhampton blog.
Places to Check Out
WV4 Area Overview
Embracing its industrial heritage, WV4 is a district that appreciates its past while welcoming progress. Local residents celebrate their vibrant history through cultural events, ensuring that this Wolverhampton neighbourhood remains deeply connected to its roots while allowing growth and innovation to paint a progressive future.
285
No. of Roads
2,693
No. of Transactions
£300K
Avg. Property Price
1,007
per sq/ft
Avg. Property Size
£213
per sq/ft
Avg. Cost Per Sq/Ft
Extra Roads to Scope Out
Other Roads in the Spotlight
Popular Roads in WV4
WV4 Roads with Similar Prices
- Dresden Close
- Sundridge Walk
- Bramdean Walk
- Gordon Avenue
- Enville Road
- Crawford Avenue
Roads Near Pennhouse Avenue
- Bridgnorth Road
- Dirty Foot Lane
- Showell Lane
- Springhill Lane
- Market Lane
- Wynne Crescent
