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Penn market report WV4 5, Wolverhampton
The WV4 5 (Penn) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 4,252 HM Land Registry entries for WV4 5 (Wolverhampton), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for WV4 5 (Wolverhampton) is £295,000, from 46 registered sales, up 16% on five years earlier; the mean is £296,900, and by floor area homes here have averaged about £2,880 per square metre over the last five years. Behind the figures sit 4,252 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
WV4 5 is a postcode sector: one group of streets inside WV4 (Wolverhampton). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where WV4 5 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in WV4 5
Take the 46 registered 2026 sales in WV4 5 and the middle price, the median, is £295,000. The mean lands at £296,900, practically level with it: prices here bunch tightly around the middle.
WV4 5 prices by floor area
Measured by floor area, the last five years of WV4 5 sales average about £2,880 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, WV4 5 runs 4% above it.
WV4 5's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £295,000 | £295,000 | 46 |
| 2025 | £285,000 | £291,815 | 110 |
| 2024 | £275,000 | £292,381 | 115 |
| 2023 | £275,000 | £302,158 | 105 |
| 2022 | £265,000 | £310,743 | 102 |
| 2021 | £255,000 | £322,863 | 138 |
| 2020 | £232,500 | £301,674 | 107 |
| 2019 | £211,200 | £276,833 | 110 |
| 2018 | £198,000 | £263,938 | 121 |
| 2017 | £197,500 | £269,370 | 173 |
| 2016 | £190,000 | £265,812 | 177 |
| 2015 | £174,500 | £246,569 | 134 |
| 2014 | £177,500 | £251,815 | 111 |
| 2013 | £165,000 | £237,419 | 115 |
| 2012 | £165,000 | £242,859 | 87 |
| 2011 | £160,000 | £241,538 | 102 |
| 2010 | £175,000 | £274,445 | 72 |
| 2009 | £172,000 | £276,491 | 91 |
| 2008 | £186,800 | £306,205 | 76 |
| 2007 | £181,800 | £308,383 | 170 |
| 2006 | £170,000 | £295,098 | 179 |
| 2005 | £161,000 | £286,515 | 148 |
| 2004 | £157,500 | £286,051 | 169 |
| 2003 | £134,500 | £247,782 | 160 |
| 2002 | £114,500 | £215,431 | 190 |
| 2001 | £86,800 | £166,869 | 194 |
| 2000 | £74,800 | £146,795 | 142 |
| 1999 | £75,500 | £150,468 | 200 |
| 1998 | £65,000 | £131,207 | 128 |
| 1997 | £60,000 | £123,048 | 169 |
| 1996 | £66,000 | £139,191 | 166 |
| 1995 | £57,000 | £123,909 | 145 |
In cash terms the typical WV4 5 home went from £57,000 in 1995 to £295,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 138%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 9% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the WV4 5 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+31.9% on the year before); the weakest, 1997 (−9.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +3.5% | +1.1% |
| 5 years (since 2021) | +3.0% | −1.8% |
| 10 years (since 2016) | +4.5% | +1.0% |
| 20 years (since 2006) | +2.8% | 0.0% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Over the last twelve months of data, 46 sales completed in WV4 5. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 169 sales a year before the financial crisis and 96 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What tenants pay around WV4 5
The local authority for WV4 5 is Wolverhampton, and its ONS average private rent currently stands at £934 a month (May 2026 figures). The spread runs from £666 a month for a typical one-bed to £1,427 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Wolverhampton
ONS Price Index of Private Rents, May 2026.
Against the £295,000 median purchase price, a rent of £934 a month (£11,208 a year) works out at a 3.8% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
The shape of the WV4 5 market
Only 46 sales completed here in the last twelve months of data, which makes WV4 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Against the WV4 district median, WV4 5 sits 14% higher, marking it as a dearer pocket of the district.
What people ask about WV4 5 (Penn)
How much did a house sell for in WV4 5 (Penn)?
Are property prices falling in WV4 5 (Penn)?
Is WV4 5 (Penn) a good place to buy a house?
Will WV4 5 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 16% over five years in cash but down 9% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What you could buy in WV4 now
This is what you could actually buy today: 68 homes currently on the market from 8 agents publishing to HomesIndex.
These cover the whole WV4 district, not just WV4 5: live asking prices are collected per district.
16% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Windsor Road, Wolverhampton, West Mid...
- Oakley Road, Wolverhampton, West Midl...
- Bevan Avenue, Lanesfield, Wolverhampton, WV4, West Midlands
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every WV4 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in WV: the cost
What homes of each size actually sold for across the WV area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £265,000 | £365,000 (+38%) | £550,000 (+51%) | £820,000 (+49%) |
| Semi-detached | £191,500 | £215,000 (+12%) | £247,750 (+15%) | £315,000 (+27%) | £395,000 (+25%) |
| Terraced | £170,000 | £180,000 (+6%) | £200,000 (+11%) | £260,000 (+30%) | — |
| Flat | £100,000 | £125,000 (+25%) | £240,750 (+93%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the WV area is the point: the same five years treated these districts very differently.
Winners and losers across the WV area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in WV4
Sector boundaries hide real price steps. The rest of WV4, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| WV4 4 | £260,000 | 35 |
| WV4 6 | £206,000 | 31 |
Zoom out to the full WV4 district report for the type split, monthly volumes and how WV4 compares with its neighbours.
Before you sell in WV4 5: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at WV4 5's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working WV4 5: the featured spot on this report is free for founding agents, one per district. Claim WV4 5.
Take it further
Behind the answers sits the same Land Registry record as this page, with WV4 5 already set as the subject. Free, one click sign in.
See every individual WV4 5 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.