Houses for sale in Penn Fields, West Midlands
There are 34 results for Penn Fields, West Midlands. Property prices in Penn Fields range from £53k to £562k with an average price of £254k.
Properties for sale in Penn Fields, West Midlands
3 Bedrooms
2 Bathrooms
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Property market in Penn Fields
What's for sale
37 homes · share, count and typical priceHow many bedrooms
share, count and typical pricePrice bands
37 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 70% | 27% |
| Typical asking price | £290k | £70k |
| Average bedrooms | 3.2 | 1.6 |
| Typical time to sell | 5 months | 12 weeks |
| Typical sold price | £275k | £96k |
| Gross rental yield | 5.7% | 7.7% |
Asking prices over time
typical asking price of the homes first listed each quarter · +33.3% since 2024 Q4Prices in and around Penn Fields
typical asking price, cheapest first- Merry Hill £160k
- Bradmore £185k
- Penn Fields £260k
- Penn £287k
- Finchfield £303k
Getting to know Penn Fields
nearest stationsBased on 37 homes for sale on Houses now, 72 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 2026.
Frequently asked questions about buying in Penn Fields
What is the average house price in Penn Fields?
The average home for sale in Penn Fields is priced at £247,000. A typical home, the one in the middle of the range, is £260,000. This is based on the 37 homes for sale on Houses right now.
How much does a 2 or 3 bedroom home cost in Penn Fields?
A typical 2-bedroom home in Penn Fields costs £125,000 and a 3-bedroom home £265,000. So the extra bedroom adds about £140,000. 1-bedroom homes start at around £55,000, and 4-bedroom homes are about £460,000.
What price range should I expect in Penn Fields?
Most homes in Penn Fields are priced between £44,000 and £557,000, leaving out the very cheapest and most expensive. One in five costs less than £80,000, and one in five £380,000 or more.
How many homes are for sale in Penn Fields?
There are 34 homes for sale in Penn Fields on Houses right now. 1 new listing came onto the market in the last 30 days.
Are house prices going up in Penn Fields?
Yes. Homes put up for sale in Penn Fields over the last 12 months were advertised at a typical £270,000, 12% higher than the year before (£240,000). By size, 3-bedroom homes are up 19% and 4-bedroom homes are down 5%.
How long does it take to sell a home in Penn Fields?
Homes usually sell or come off the market within about 5 months. About 21% go within the first month, and a quarter take longer than about 9 months. Flats go faster, in about 12 weeks against about 5 months for houses.
What do homes actually sell for in Penn Fields?
In the year to August 2026, 74 homes sold in Penn Fields at a typical price of £250,000, according to HM Land Registry. Houses sold for about £275,000 and flats for about £96,000. Asking prices today are a little higher, at £260,000, as sellers usually ask above what homes finally sell for.
What rental yield can I get in Penn Fields?
About 7.7% gross for flats and 5.7% for houses. That compares typical rents with what flats and houses actually sold for in Penn Fields over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes are for sale in Penn Fields?
Flats and apartments are the most common, about a quarter of homes for sale in Penn Fields. Semi-detached houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £70,000, and detached houses the most expensive, at about £425,000.
Where are the cheapest places to buy near Penn Fields?
Of the areas around Penn Fields, Merry Hill is the cheapest, with a typical asking price of £160,000, followed by Bradmore (£185,000) and Penn (£287,000). Penn Fields itself is £260,000.
Are homes in Penn Fields freehold or leasehold?
About 7 in 10 homes for sale in Penn Fields are freehold and the rest leasehold, which is mostly flats.
Which train stations are in or near Penn Fields?
Penn Fields has no station of its own. The nearest is Wolverhampton.