It’s also called PSD to WP

The process of creating Wordpress Theme based on PSD (Photoshop file) of a website design. You can break down the process of converting PSD to Wordpress theme into 3 steps:

1. Converting PSD to HTML+CSS.
2. Converting HTML+CSS into Wordpress Theme.
3. Implementing Wordpress Theme into the client’s website, with all required plugins.

My rate of converting PSD into Wordpress Theme starts from $250.

You can take a look at samples of my work here: http://www.100dollarblog.com/tag/psd-to-html/