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Park Lane

Interactive map displaying Park Lane

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About

Park Lane is a central street in Wolverhampton, running between the ring road and the city's main railway station. The area is primarily commercial, featuring a concentration of office buildings, hotels, and a multi-storey car park. It serves as a key transport and business corridor, directly linking the city centre to the station.

The street is anchored by the modern i9 office development and the Chubb Buildings, a distinctive red-brick Victorian structure. A notable feature is the 'Wolves in Wolves' public art trail, with several large wolf sculptures permanently installed along the pavement, referencing the city's football club nickname.

Area overview

On average Park Lane has very high deprivation and high crime levels, with around 95 crimes per 1,000 residents per year, in line with the West Midlands average of 97 per 1,000. Approximately 28.2% of homes in this area are social housing provided by a local council or housing association. The average income per household in Park Lane is £42,444 per year. Park Lane is home to around 6,178 people, with a population density of about 5,271.3 per km².

Crime rate
8/10
Crimes per 1k residents
95
Deprivation level
9/10
Income level
3/10
Social housing
28.2%
Connectivity
N/A

Area Profile

Park Lane Population
6,178
Population density
5,271.3 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
51.15(+32%)
Criminal damage and arson
12.63(+73%)
Vehicle crime
5.18(-20%)
Public order
4.69(-23%)
Other theft
4.53(-20%)
West Midlands average

Demographics

Ethnic groups

British
2,759
44.67%
Indian
778
12.6%
Other White
578
9.36%
African
542
8.77%
Caribbean
444
7.19%
Total population: 6,177

Economics

Education (age 16+)

No qualifications
1,322
29.16%
Level 4+ (Degree)
987
21.77%
Level 1 (GCSEs 3-1)
626
13.81%
Level 2 (GCSEs 9-4)
625
13.79%
Level 3 (A level)
594
13.1%
Total 16+ residents: 4,533

Housing

Housing tenure

Social rents from council
605
27.11%
Private landlord or letting agency
484
21.68%
Owns with a mortgage
478
21.42%
Owns outright
462
20.7%
Other social rented
129
5.78%
Total households: 2,232

Property prices in Park Lane

Median price£207,500
Price per sq ft£234
Sales (last 12 months)28
Typical range (middle 50%)£169K – £228K

Based on 28 recent sales, the median property price is £207,500 (about £234 per square foot) in Park Lane area, with individual transactions ranging from £114,000 up to £325,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Park Lane over the last year.
TypeSalesMedian£/sq ft
Detached3£219,000£229
Semi-Detached14£211,000£252
Terraced11£165,000£196

10-year price trendmedian sale price in Park Lane

Sale price

Ten year median sale price trend for each property type in Park Lane.
YearDetachedSemi-DetachedTerraced
2016£147,500£101,750£70,000
2017£180,000£114,000£103,750
2018—£137,000£86,000
2019£221,000£124,500£98,000
2020£180,250£136,000£97,500
2021£177,500£167,500£124,000
2022£220,000£175,000£129,000
2023—£180,000£123,000
2024—£180,000£145,000
2025£272,000£200,000£160,000
2026£210,000£223,000£145,000
Ten year median sale price trend for each property type in Park Lane.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Park Lane.
YearDetachedSemi-DetachedTerraced
2016£140£122£76
2017£131£125£114
2018—£155£116
2019£186£156£112
2020£220£138£117
2021£147£182£133
2022£259£199£156
2023—£224£145
2024—£218£176
2025£254£238£167
2026£179£263£187
Ten year median sale price per square foot trend for each property type in Park Lane.

Price distribution by property typelast 12 months

Price distribution by property type for Park Lane in the last year.

Council Tax Bands

Annual council tax rates for Wolverhampton district.

Band A£1,693
Band B£1,975
Band C£2,257
Band D£2,539
Band E£3,103
Band F£3,667
Band G£4,232
Band H£5,078

Council tax bands are based on the value of your property. Most homes fall into bands A to D.

All postcodesin Park Lane

WV109RR

Mandale Road

WV100RE

Cannock Road

WV109QB

Fallings Park Industrial Estate

WV109QN

Park Lane

WV109QT

Wolseley Close

WV109YE

Higham Way

WV109NH

Foster Road

WV109SD

Guy Avenue

WV109AY

Dendron Close

WV109TE

Fifth Avenue

WV109YF

Mickley Avenue

WV109NP

First Avenue

WV109QL

Park Lane

WV108BH

Old Fallings Lane

WV109QA

Fallings Park Industrial Estate