Penn Road, Wolverhampton house prices

Penn Road, Wolverhampton house prices are built from 517 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 15 May 2026. The median price paid across the whole record is £128,500. Across the 10 years from 2016 to 2026 the median moved -41.7% in cash — but once inflation is taken out, the change in 2026 money is -58.2%.

HM Land Registry517 sales93 with floor areaLatest sale 15 May 2026

The chart tracks the median Penn Road, Wolverhampton house price for every year with a recorded sale, from 1995 to 2026. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.

The highest yearly median on record for Penn Road, Wolverhampton is £275,000 in 2025; the lowest is £52,250 in 1997. Across the full 32-year record the cash median has moved from £54,000 to £105,000.

In 2026 money that first median is worth £119,906, so the real change over the whole record is -12.4% — about -0.43% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.

Over the last decade alone the difference is stark: -41.7% in cash against -58.2% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.

Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.

These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Penn Road, Wolverhampton values — no mix of property types can flatter the number.

The mix of property types explains a large part of any area's median. Penn Road, Wolverhampton is dominated by the type at the top of this table, so its overall median leans that way.

272 of the sales on record are leasehold and 245 freehold — 52.6% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.

The median leasehold sale is £105,225 and the median freehold sale £172,000 — a gap of +63.5%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.

New builds sold for more than the median existing home — +6.1%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.

A further 69 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.

Every certificate carries an energy efficiency band as well as a floor area. Across Dudley, 38.7% of 144,533 certificates sit in bands A to C, and 3.9% in F or G — the bands that cost the most to heat and are hardest to mortgage.

The Office for National Statistics puts the mean private rent in Dudley at £852 a month as of Jun 2026 — £607 for a one-bedroom home and £935 for three bedrooms.

Against the median sale of £128,500 here, that rent is a gross yield of 7.96% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.

Police forces publish every recorded street-level crime. Within a mile of the centre of WV4, 144 crimes were recorded in Jun 2026: 72 violent, 10 burglary, 13 vehicle-related and 3 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is about typical.

Against the 323,486 residents the 2021 census counted in Dudley, that is 0.45 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.

A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.

The 2021 census counted 323,486 residents in Dudley across 137,069 households. 66.9% of those households own their home and 32.8% rent — a split the sold record cannot show, because only owners appear in it.

14 state and independent schools have a WV4 postcode: 10 primary, 3 secondary, 1 nursery. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.

The median across the whole archive is £157,500. Penn Road, Wolverhampton sits below that national figure — -18.4%.

Within Wolverhampton the street ranks 1348 of 2560 by median price, and its median is above the town figure of £124,950 (+2.8%).

Where an EPC floor area could be matched to the sale, the median works out at £1,722 per square metre, across 93 of the 517 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.

The full range on record runs from £26,000 to £627,500. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.

Penn Road, Wolverhampton sits in Dudley, in the West Midlands.

The Office for National Statistics puts the median home in Dudley at 6.8 times median local earnings of £35,281 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.

Streets nearby

• Warstones Road£124,000 median
• Parkfield Road£50,500 median
• Hilton Road£84,000 median
• Pinfold Lane£145,250 median
• Dovedale Road£120,000 median
• Belmont Road£125,000 median
• Swan Bank£119,500 median
• Ward Grove£105,000 median
• Grosvenor Park£54,498 median
• Greenock Crescent£149,932 median
• Wakeley Hill£162,000 median
• Sandringham Road£156,500 median
• Rothesay Gardens£101,950 median
• Hilston Avenue£132,000 median
• Birmingham New Road£95,000 median
• Farrington Road£160,000 median

Addresses with more than one recorded sale

• FLAT 9, PENN CROFT, 456 Penn Road7 sales
• 306 Penn Road6 sales
• FLAT 7, PENDENE COURT, 253 Penn Road5 sales
• 153A Penn Road5 sales
• 151A Penn Road5 sales
• 159A Penn Road5 sales
• 143 Penn Road5 sales
• FLAT 5, PENDENE COURT, 253 Penn Road4 sales
• 540 Penn Road4 sales
• 145A Penn Road4 sales
• FLAT 37, PENDENE COURT, 253 Penn Road4 sales
• FLAT 10, PENDENE COURT, 253 Penn Road4 sales
• FLAT 14, PENDENE COURT, 253 Penn Road4 sales
• 526 Penn Road4 sales
• FLAT 17, PENDENE COURT, 253 Penn Road4 sales
• 139 Penn Road4 sales
• 149 Penn Road4 sales
• 140 Penn Road4 sales
• 238 Penn Road4 sales
• 462 Penn Road4 sales
• FLAT 20, PENDENE COURT, 253 Penn Road3 sales
• 332 Penn Road3 sales
• FLAT 3, the GALLERY, 282 Penn Road3 sales
• 288B Penn Road3 sales

Back to Wolverhampton house prices.

What is the average house price in Penn Road, Wolverhampton?

The median price paid in Penn Road, Wolverhampton across every sale on the register is £128,500. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.

How many homes have sold in Penn Road, Wolverhampton?

517 sales are on record for Penn Road, Wolverhampton, the most recent completing on 15 May 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.

Have Penn Road, Wolverhampton house prices actually risen?

In cash, the median rose -41.7% between 2016 and 2026. In 2026 money — that is, after inflation — the change is -58.2%. Both numbers are true; only the second one tells you whether buying here preserved value.

When were Penn Road, Wolverhampton house prices at their highest?

The highest yearly median on record is £275,000, set in 2025. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.

What is the price per square metre in Penn Road, Wolverhampton?

£1,722 per square metre, from the 93 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.

How current is this data?

The latest sale shown here completed on 15 May 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.

Cite this page: Sold Price History, “Penn Road, Wolverhampton house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.