550, PENN ROAD, WOLVERHAMPTON, WV4 4HU - £83,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

550 PENN ROAD is a semi-detached house, which could now be worth an estimated £319,247. It was last sold for £83,000 in November 2001, which was around 38% above the average November 2001 semi-detached price in the Wolverhampton local authority area.

550 PENN ROAD Sold Prices

Land registry data shows three sales for 550 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Two of the three 550 PENN ROAD sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 23 NOV	£83,000	£60,129	38% above HPI
2000 18 FEB	£69,500	£51,230	36% above HPI
1998 30 JAN	£33,500	£44,371	25% below HPI

What might 550 PENN ROAD be worth now?

550 PENN ROAD might now be worth an estimated £319,247.

This is based on house price inflation of 284.6%, between November 2001 and May 2026, for semi-detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 284.6% inflationary increase is applied to the most recent sale price for 550 PENN ROAD of £83,000 on 23rd November 2001. For the value to have increased from £83,000 to £319,247 over the 25 years and six months to May 2026, the following assumptions must hold true:

• The value of 550 PENN ROAD has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The November 2001 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 550 PENN ROAD has not materially changed since November 2001.

Where is 550 PENN ROAD?

550 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district.