3 Ridgeway Drive

    3, RIDGEWAY DRIVE, PENN, WOLVERHAMPTON, WV4 5NU

    This detached freehold property on Ridgeway Drive last sold in March 2021 for £278,000. Based on price growth in the WV4 district since then, its estimated current value is £280,329 — placing it in the 45th percentile nationally and the 63rd percentile within WV4. The property covers 86 m² (926 sq ft), giving an estimated value of £3,260 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £278,000

    Mar 2021

    Estimated Valuation

    £280,329

    Est. £/sq ft

    £303/sq ft

    £3,260/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2021

    £278,000

    Key Metrics

    Estimated valuation£280,329
    Value per sq ft / m²£303/sq ft (£3,260/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile63rd percentile
    National percentile45th 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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