Houses for sale in Penn Fields, West Midlands

There are 37 results for Penn Fields, West Midlands. Property prices in Penn Fields range from £56k to £557k with an average price of £258k.


Properties for sale in Penn Fields, West Midlands

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Property market around Penn Fields

Average asking price £284k within 3 km · typical £260k
Most prices £70k – £687k within 3 km
Homes for sale 37 in Penn Fields · 106 within 3 km
New to the market 111 in the last 30 days · within 3 km
Typical time to sell 10 weeks last 12 months · within 3 km
Asking prices, year on year +4.5% homes newly listed · within 3 km
Typical sold price £240k 904 sales in 12 months · within 3 km
Gross rental yield 5.3–8.2% houses 5.3%, flats 8.2% · within 3 km

What's for sale

106 homes within 3 km of Penn Fields · share, count and typical price
Semi-detached houses 32.1% 34 · £265k
Detached houses 26.4% 28 · £430k
Terraced houses 18.9% 20 · £205k
Flats and apartments 16.0% 17 · £110k
Bungalows 4.7% 5 · £280k
Other homes 1.9% 2 · £843k

How many bedrooms

within 3 km of Penn Fields · share, count and typical price
1 bedroom 7.5% 8 · £75k
2 bedrooms 19.8% 21 · £140k
3 bedrooms 47.2% 50 · £250k
4 bedrooms 19.8% 21 · £450k
5+ bedrooms 5.7% 6 · £439k

Price bands

106 homes within 3 km of Penn Fields
Under £140k 20.8% 22
£140k – £220k 17.0% 18
£220k – £300k 20.8% 22
£300k – £380k 20.8% 22
£380k and over 20.8% 22

Houses and flats compared

HousesFlats
Share of homes for sale82%16%
Typical asking price£290k£110k
Average bedrooms3.31.5
Typical time to sell9 weeks3 months
Typical sold price£250k£118k
Gross rental yield5.3%8.2%

Asking prices over time

typical asking price of the homes first listed each quarter within 3 km of Penn Fields · +4.6% since 2024 Q4 Median asking price per quarter in Penn Fields 2024 Q4: £217k (286 new listings) £217k 2024 Q4 2025 Q1: £220k (311 new listings) £220k 2025 Q1 2025 Q2: £230k (330 new listings) £230k 2025 Q2 2025 Q3: £220k (329 new listings) £220k 2025 Q3 2025 Q4: £210k (229 new listings) £210k 2025 Q4 2026 Q1: £230k (322 new listings) £230k 2026 Q1 2026 Q2: £230k (363 new listings) £230k 2026 Q2 2026 Q3: £228k (354 new listings) £228k 2026 Q3

Prices in and around Penn Fields

typical asking price, cheapest first
  1. Penn Fields £168k
  2. Penn £288k

Getting to know Penn Fields

nearest stations

Based on 106 homes for sale on Houses now, 1,246 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 Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about buying in Penn Fields

What is the average house price in Penn Fields?

There are only 37 homes for sale in Penn Fields itself, so these figures cover the 106 homes for sale within 3 km. The average home for sale within 3 km of Penn Fields is priced at £284,000. A few very expensive homes pull that average up, so a more typical price is £260,000.

How much does a 2 or 3 bedroom home cost in Penn Fields?

A typical 2-bedroom home within 3 km of Penn Fields costs £140,000 and a 3-bedroom home £250,000. So the extra bedroom adds about £110,000. 1-bedroom homes start at around £75,000, and 4-bedroom homes are about £450,000.

What price range should I expect in Penn Fields?

Most homes within 3 km of Penn Fields are priced between £70,000 and £687,000, leaving out the very cheapest and most expensive. One in five costs less than £140,000, and one in five £380,000 or more.

How many homes are for sale in Penn Fields?

There are 37 homes for sale in Penn Fields on Houses right now. Within 3 km there are 106, and the listings on this page include the nearest of them. 111 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Penn Fields?

Yes. Homes put up for sale within 3 km of Penn Fields over the last 12 months were advertised at a typical £230,000, 4.5% higher than the year before (£220,000). By size, 1-bedroom homes are down 5%, 2-bedroom homes are up 7% and 3-bedroom homes are up 2%.

How long does it take to sell a home in Penn Fields?

Within 3 km of Penn Fields, homes usually sell or come off the market within about 10 weeks. About 28% go within the first month, and a quarter take longer than about 6 months. Houses go faster, in about 9 weeks against about 3 months for flats.

What do homes actually sell for in Penn Fields?

In the year to July 2026, 904 homes sold within 3 km of Penn Fields at a typical price of £240,000, according to HM Land Registry. Houses sold for about £250,000 and flats for about £118,000. 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 8.2% gross for flats and 5.3% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of 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?

Semi-detached houses are the most common, about a third of homes for sale within 3 km of Penn Fields. Detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £110,000, and detached houses the most expensive, at about £430,000.

Where are the cheapest places to buy near Penn Fields?

Of the areas around Penn Fields, Penn is the cheapest, with a typical asking price of £288,000. Penn Fields itself is £168,000.

Are homes in Penn Fields freehold or leasehold?

About 8 in 10 homes for sale within 3 km of Penn Fields are freehold and the rest leasehold, which is mostly flats. There is 1 new-build home on the market too.

Which train stations are in or near Penn Fields?

Penn Fields has no station of its own. The nearest is Wolverhampton.