Flat 5, The Gallery, 282 Penn Road, Wolverhampton, WV4 4AD is a leasehold flat built between 2003-2006. The property offers approximately 936 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £291,297 , which equates to approximately £311 per square foot. It was last sold on 30 May 2003 for £149,500. Since then, the value has increased by £141,797, representing a 94.8% increase, or approximately 4.2% per year.

The current estimated value of £291,297 is:

  • 4.7% lower than the average property price on Penn Road
  • 20.1% lower than the average in the WV4 4AD postcode area
  • and 3.5% lower than the average price for Wolverhampton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 April 2024, the property was recorded as owner-occupied.

View sold house prices in WV4 4AD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£291,297
Price Per sq ft (estimate)
£311
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 5, The Gallery, 282 Penn Road, Wolverhampton, West Midlands, WV4 4AD has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 3 Apr 2024.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 May 2013. The rating of B remains the same, but the energy efficiency score improved by 4.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (boiler and radiators, electric).
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, electric
Average
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to WV4 4AD

22 nd / 32
Price Rank
20% lower than average
3 rd / 21
Size Rank
30% smaller than average
17 th / 21
Price Per Sq FT Rank
14% higher than average

Compared to other properties in WV4 4AD , this flat's estimated value ranks 22th out of 32. Based on price per square foot, it ranks 17th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 21 properties in its postcode area.

Sale History

Today
£291,297
streetscan.co.uk estimate
+95 %
30 May 2003
£149,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 893 sq ft
sale price: £160,000
sale date: 18 Oct 2024
rooms: 3
size: 883 sq ft
sale price: £200,000
sale date: 15 Mar 2024
rooms: 3
size: 807 sq ft
sale price: £140,000
sale date: 26 Jul 2021
rooms: 3
size: 1033 sq ft
sale price: £115,000
sale date: 14 Feb 2020
rooms: 3
size: 921 sq ft
sale price: £167,000
sale date: 27 Jul 2018

Data Sources

The property at Flat 5, The Gallery, 282 Penn Road, Wolverhampton, West Midlands, WV4 4AD appears once in the Land Registry records, with the transaction recorded on 30 May 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Apr 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.