348 Penn Road

    348, PENN ROAD, WOLVERHAMPTON, WV4 4DA

    This terraced freehold property on Penn Road last sold in September 2022 for £203,000. Based on price growth in the WV4 district since then, its estimated current value is £231,496 — placing it in the 33rd percentile nationally and the 39th percentile within WV4. The property covers 89 m² (958 sq ft), giving an estimated value of £2,601 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £203,000

    Sept 2022

    Estimated Valuation

    £231,496

    Est. £/sq ft

    £242/sq ft

    £2,601/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Sept 2022

    £203,000

    22 Jan 2021

    £174,500

    Key Metrics

    Estimated valuation£231,496
    Value per sq ft / m²£242/sq ft (£2,601/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile39th percentile
    National percentile33rd 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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