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Penn market report WV4, Wolverhampton
The WV4 (Penn) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 12,837 sales recorded by HM Land Registry in WV4 (Wolverhampton) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: 112 registered 2026 sales put the WV4 (Wolverhampton) median at £259,000, up 22% on five years earlier, with a mean of £273,100, and by floor area homes here have averaged about £2,650 per square metre over the last five years. Everything rests on 12,837 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
WV4 is a postcode district covering Penn, Warstones, Merry Hill in Wolverhampton. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where WV4 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.
The going rate for a home in WV4
The 2026 median for WV4 is £259,000, taken from 112 registered sales. The mean, which is what most sites call the "average house price", is £273,100, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in WV4
Per square metre, WV4 homes have averaged around £2,650 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
England and Wales as a whole trade at a £285,000 median, leaving WV4 9% below the national figure.
A typical WV4 home, priced year by year (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 | £259,000 | £259,000 | 112 |
| 2025 | £250,000 | £255,978 | 336 |
| 2024 | £242,000 | £257,296 | 333 |
| 2023 | £240,000 | £263,701 | 322 |
| 2022 | £230,000 | £269,701 | 353 |
| 2021 | £212,000 | £268,419 | 446 |
| 2020 | £190,000 | £246,529 | 321 |
| 2019 | £176,800 | £231,742 | 366 |
| 2018 | £173,000 | £230,612 | 379 |
| 2017 | £170,000 | £231,863 | 445 |
| 2016 | £160,000 | £223,842 | 457 |
| 2015 | £154,500 | £218,309 | 423 |
| 2014 | £145,000 | £205,708 | 370 |
| 2013 | £140,000 | £201,446 | 365 |
| 2012 | £140,000 | £206,063 | 291 |
| 2011 | £145,000 | £218,894 | 329 |
| 2010 | £140,000 | £219,556 | 292 |
| 2009 | £142,000 | £228,266 | 285 |
| 2008 | £145,000 | £237,686 | 312 |
| 2007 | £152,000 | £257,834 | 568 |
| 2006 | £150,000 | £260,381 | 572 |
| 2005 | £140,000 | £249,144 | 450 |
| 2004 | £130,000 | £236,105 | 506 |
| 2003 | £113,500 | £209,095 | 520 |
| 2002 | £90,000 | £169,334 | 513 |
| 2001 | £80,000 | £153,796 | 533 |
| 2000 | £66,000 | £129,525 | 437 |
| 1999 | £62,500 | £124,559 | 539 |
| 1998 | £56,500 | £114,049 | 378 |
| 1997 | £53,000 | £108,692 | 450 |
| 1996 | £50,200 | £105,870 | 460 |
| 1995 | £51,000 | £110,866 | 374 |
In cash terms the typical WV4 home went from £51,000 in 1995 to £259,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 134%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2022; the current median sits about 4% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the WV4 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 2003 (+26.1% on the year before); the weakest, 2008 (−4.6%). 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) | +3.6% | +1.2% |
| 5 years (since 2021) | +4.1% | −0.7% |
| 10 years (since 2016) | +4.9% | +1.5% |
| 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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 51% of the typed total. A detached home currently trades at £370,000 against £123,500 for a flat, 3.0 times the price.
Median by property type, WV4
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £370,000 | 33 | 2,923 |
| Semi-detached | £252,500 | 52 | 6,511 |
| Terraced | £210,000 | 15 | 2,070 |
| Flats | £123,500 | 12 | 1,333 |
The turnover behind the prices
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 263 sales completed in WV4. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 512 sales a year before the financial crisis and 291 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
The shape of the WV4 market
Among the 16 measurable districts of its area, WV4 ranks 5 by median price: firmly in the dearer tier.
What tenants pay around WV4
For renting purposes WV4 sits in Wolverhampton. The ONS average private rent there is £934 a month (May 2026). A one-bed averages £666 a month here and a four-or-more-bed £1,427, so size does most of the work in setting the rent.
Average monthly rent by size, Wolverhampton
ONS Price Index of Private Rents, May 2026.
Set against the £259,000 median sold price, £934 a month is £11,208 a year, a gross yield of 4.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
WV4 (Penn): the questions that come up
How much did a house sell for in WV4 (Penn)?
Are property prices falling in WV4 (Penn)?
Is WV4 (Penn) a good place to buy a house?
Are WV4 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 22% over five years in cash but down 4% 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.
On the market in WV4 today
Everything above is what homes in WV4 sold for. The live side of the market holds 68 homes at the moment, listed by 8 agents publishing to HomesIndex, at a typical asking price 7% below the WV4 median sold price.
Of everything listed here, 16% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Windsor Road, Wolverhampton, West Mid...
- Oakley Road, Wolverhampton, West Midl...
- Bevan Avenue, Lanesfield, Wolverhampton, WV4, West Midlands
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every WV4 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in WV
Real sold prices by size across the WV area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
WV4 ranks 7 of 16 in the WV area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
WV area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside WV4, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| WV4 4 | £260,000 | 35 |
| WV4 5 | £295,000 | 46 |
| WV4 6 | £206,000 | 31 |
How WV4 compares nearby
Same city, different markets. The neighbouring districts of the WV area, dearest first:
| District | Median | 5-year |
|---|---|---|
| WV7 | £330,000 | +16% |
| WV5 | £310,000 | +13% |
| WV15 | £275,000 | +10% |
| WV8 | £272,500 | +2% |
| WV4 (this report) | £259,000 | +22% |
| WV6 | £255,000 | +11% |
| WV3 | £250,000 | +16% |
| WV16 | £250,000 | -4% |
| WV9 | £235,000 | +7% |
| WV11 | £233,000 | +23% |
| WV10 | £230,000 | +30% |
| WV12 | £225,000 | +25% |
| WV14 | £205,000 | +17% |
| WV2 | £195,000 | +26% |
| WV13 | £190,000 | +23% |
| WV1 | £175,000 | +40% |
Before you sell in WV4: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in WV4, use the average prices map for a rough value: zoom from WV4's shading down to the sold homes on your own street. The figures above are every recorded WV4 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim WV4.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about WV4. Free, with a one click sign in.
The live map plots every individual WV4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.