Inspectors visited the King's Church of England School in Tettenhall last month and highlighted a catalogue of improvements which have taken place in the last 18 months.
They found that, since the school's previous inspection in March 2017, headteacher James Ludlow and his team have "acted quickly to improve the standard of education across the school".
They have redesigned the curriculum which now "supports pupils' learning well" by better matching their abilities, needs and career aspirations. As a result, pupils' progress is improving, especially at Key Stage 3, and attendance rates are up, while provision at sixth form has improved and is now judged to be good.
Lead inspector Lois Kelly and her team found that sixth formers' outcomes are good in vocational subjects and have improved in academic subjects, with pupils benefiting from "many opportunities to develop work related skills".
Leaders have also strengthened the positive ethos of the school, with pupils from different cultural backgrounds and faiths working well together. Inspectors found "there is a real sense of community about the school".
As well as showing "unwavering drive and determination" to improve the King's CE School, Mr Ludlow, his leadership team and governors have provided "stable leadership which has had a positive impact on the effectiveness of the school". Teaching is improving, with leaders knowing where teaching is strong and where it needs to develop further.
Inspectors also praised the school's work with the City of Wolverhampton Council to raise standards further. This has led to improvements in the provision for pupils with special educational needs and disabilities, while the council is now providing advice about how to further improve teaching and learning in science.
Safeguarding arrangements are effective, with pupils saying they feel safe at the school and confident that they know who to speak to if they have any concerns.
Overall, Ofsted judged the school to be Good in 2 of the 5 inspection areas, and Requires Improvement in the other 3.
Mr Ludlow said: "We are delighted that Ofsted have recognised the significant and rapid improvements that have been made across all areas of the school.
"We are particularly pleased they were able to see that we have strengthened the positive ethos of the school, which is underpinned by Christian and British values, and that pupils from different cultural backgrounds and faiths work well together.
"At King's it is truly a whole team effort and this report reflects the hard work and dedication of everyone connected with the school - we are living out our mission statement of 'Aspire, Believe and Achieve Together' as we continue on our journey towards becoming an Outstanding school."
Councillor Lynne Moran, the City of Wolverhampton Council's Cabinet Member for Education and Skills, said: "This is a very positive step forward for the King's Church of England School, which has made great progress in the last 18 months.
"Not only have the efforts of James Ludlow and his team helped bring the school out of special measures, but it is now rated Good in 2 of the 5 inspection areas, and I hope it won't be long before the school is rated Good - or even Outstanding - overall.
"I would like to commend everyone connected with the school on their hard work and look forward to continuing improvements in the months and years ahead."
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