502 PENN ROAD

£240,544

Full Address

502 PENN ROAD
WOLVERHAMPTON
WOLVERHAMPTON
WEST MIDLANDS
UNITED KINGDOM
WV4 4HU

Estimated Market Value

£240,544

This estimated value is based upon the latest sale price for the house of £131,000 on 17 Jul 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1

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Transactions for this house
Price PaidDate
£131,00017 Jul 2009
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.

When this house was purchased in July 2009 the House Price Index for WEST MIDLANDS was 81.5.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.

Applying this 83.622% change to the original purchase price of £131,000 results in an estimated price of approximately £240,544.

17 Jul 2009 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
81.5 149.7 83.622 % £131,000 £109,544 £240,544

The Postcode Pricing Model uses changes in average sales price within the WV4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations

Change % Change £ Estimated Price
1 Month Average 24.399 % £31,962 £162,962
3 Month Average 64.954 % £85,089 £216,089
6 Month Average 54.240 % £71,053 £202,053
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
20 May 2022 £318,292 £310,000 4 BRADEN ROAD
29 Apr 2022 £233,420 £225,000 9 BRYAN AVENUE
12 Apr 2022 £165,988 £160,000 538 PENN ROAD
25 Mar 2022 £281,862 £270,000 61 BRADEN ROAD
14 Mar 2022 £255,764 £245,000 526 PENN ROAD

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jul 2024 Violence and sexual offences Unable to prosecute suspect On or near Braden Road
Apr 2024 Vehicle crime Investigation complete; no suspect identified On or near Holden Road
May 2024 Violence and sexual offences Unable to prosecute suspect On or near Buttons Farm Road
May 2024 Violence and sexual offences Unable to prosecute suspect On or near Buttons Farm Road
Jul 2024 Violence and sexual offences Under investigation On or near Orton Grove

View full details of these crimes and others in this area

Companies Near Here
UBER SMART LIMITED
558-560 Penn Road Penn Wolverhampton West Midlands England WV4 4HU
UBER SMART BEAUTY LIMITED
558-560 PENN ROAD PENN WOLVERHAMPTON WEST MIDLANDS ENGLAND WV4 4HU
JETYOU LIMITED
568 Penn Road Wolverhampton United Kingdom WV4 4HU
AMEEY LIMITED
570 PENN ROAD WOLVERHAMPTON WV4 4HU
RMS HEATING LTD
568 Penn Road Wolverhampton England WV4 4HU

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People Near Here
MR RANJIT SINGH BUILDER
508 PENN ROAD, WV4 4HU
Mr Keith Ian Hale
570 Penn Road, WV4 4HU
MR ROY THOMAS SIMMONS DIRECTOR
453 PENN ROAD, PENN, WV4 5LN
Ms Patricia Ratha Pelling Historic Information
12a Braden Road, WV4 4JL
Mr Lalit Verma Historic Information
542 Penn Road, WV4 4HU
Mr John Bradford
56 Braden Road, Wolverhampton, WV4 4JL
Mr Perminder Singh Chana
568 Penn Road, WV4 4HU
MISS NICOLA SMART COMPANY DIRECTOR
558-560 PENN ROAD, PENN, WV4 4HU
GERALD EDWIN OLIVER Historic Information ACCOUNTANT
36 BRADEN ROAD, PENN, WV4 4JL
MARGARET BERYL RANDLES
10 HOLDEN ROAD, PENN, WV4 5LP
PARVINDER CHAHAL Historic Information
437 PENN RD, WOLVERHAMPTON, WV4 5LN
MRS Sukhdeep Kaur CHANA Director
568 Penn Road, WV4 4HU
Barinder Sumon Historic Information
455 Penn Road, WV4 5LN
MR ARVINDER SINGH CHAHAL Historic Information CONSULTANT
437 PENN ROAD, WV4 5LN
Mr Varinder Chana
568 Penn Road, WV4 4HU
Mr Phillip Jones
56 Braden Road, Wolverhampton, WV4 4JL
JUDITH ANNE WESTON Historic Information NONE
38 BRADEN ROAD, PENN, WV4 4JL
Mr Hussan Lal
14 Braden Road Penn, WV4 4JL
DANILE JAMES COTTERILL CCTV
453 PENN ROAD, PENN, WV4 5LN
Mrs Harjinder Kaur Lad
441 Penn Road, WV4 5LN
SUKHDEEP CHANA DIRECTOR
568 PENN ROAD, WV4 4HU
JULIE DIXON Historic Information DIRECTOR
2 BRADEN ROAD, WV4 4JL
Ms Nicola Smart
558-560 Penn Road, Penn, WV4 4HU
MR Ediku FESTUS Historic Information Secretary
12a Braden Road Braden Road, WV4 4JL
GEMMA ELIZABETH WESTON Historic Information SHOP FLOOR MANAGER
38 BRADEN ROAD, PENN, WV4 4JL
MR STEPHEN JOHN PRESTON Historic Information COMPANY SECRETARY
76 BRADEN ROAD, PENN, WV4 4JL
MRS SUKHDEEP KAUR DIRECTOR
568 PENN ROAD, WV4 4HU
BARINDER SUMON Historic Information DIRECTOR
455 PENN ROAD, WV4 5LN
Mr Balwinder Singh Sahota
554 Penn Road, WV4 4HU
MRS PARVINDER KAUR CHAHAL Historic Information OPHTHALMIC OPTICIAN
437 PENN ROAD, WV4 5LN
Mr Rajinder Kumar Historic Information
542 Penn Road, WV4 4HU

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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