Inspector Jane Spilsbury visited SS Peter and Paul Catholic Primary Academy earlier this month after it was previously judged to "require improvement".
And she concluded: "Senior leaders and governors are taking effective action to tackle the areas requiring improvement... in order for the school to become good."
She found that Principal Jenny Byrne, together with her vice principal, have put in place "effective intervention and support to ensure that the school improves rapidly", while the support of the "revitalised governing body" has ensured that barriers to improvement have been removed.
Ofsted found that governance has also been strengthened since the last inspection, with new governors with the relevant skills needed appointed.
All staff now share "consistently high expectations and leadership at all levels has improved" while teachers are benefitting from an ongoing programme of professional development, which is making a positive difference to pupils' progress and attainment, particularly in maths. Leaders have also put in place "intensive intervention and support" to address gaps in pupils' knowledge and skills in reading and writing.
Across the school, many pupils are now making swift progress and more are on track to achieve the expected standard for their ages, while activities for children in the early years are increasingly well targeted and challenging.
Mrs Byrne said: "We are very pleased with the report that rightly reflects the enthusiasm and commitment of all stakeholders to continually improve standards for our children."
Councillor Lynne Moran, the City of Wolverhampton Council's Cabinet Member for Education, said: "It is very encouraging that Ofsted believes SS Peter and Paul Catholic Primary Academy to be making rapid improvements - and to be on track to be rated Good in the future.
"I would like to congratulate everyone at the school on their hard work which is now beginning to bear fruit."
- released: Thursday 17 May, 2018