2 Wells Road

    2, WELLS ROAD, PENN, WOLVERHAMPTON, WV4 4BH

    This detached freehold property on Wells Road last sold in July 2016 for £243,000. Based on price growth in the WV4 district since then, its estimated current value is £349,234 — placing it in the 59th percentile nationally and the 84th percentile within WV4. The property covers 98 m² (1,055 sq ft), giving an estimated value of £3,564 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £243,000

    Jul 2016

    Estimated Valuation

    £349,234

    Est. £/sq ft

    £331/sq ft

    £3,564/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateApr 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jul 2016

    £243,000

    23 Oct 2006

    £246,000

    Key Metrics

    Estimated valuation£349,234
    Value per sq ft / m²£331/sq ft (£3,564/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile84th percentile
    National percentile59th percentile

    District Context — WV4

    WV4 covers central and eastern parts of Wolverhampton, including areas such as Bilston and Penn, situated in the West Midlands. The district offers a mix of residential neighbourhoods with good transport links and diverse housing stock, appealing to families and investors seeking affordable urban living.

    Average Property Price - WV4

    £257,731

    30

    National percentile

    Average Net Household Income - WV4

    £35,762

    36

    National percentile

    10-Year Annualised Price Growth - WV4

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV4

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