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Postcode Overview

of WV3 8LB

WV3 8LB is a residential postcode located on Clee Hill Drive, Wolverhampton, WV3. It is the 716th largest postcode in the WV3 area.

It contains 12 flats and the most common type of property is a mid-century flat built between 1936 and 1979.

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Average property prices

in WV3 8LB

The average house value is £123,748. Sales values have increased in the last 12 months by 1.2% and Rental values have increased by 5.2%.

Property sale values range from £115,676 for a leasehold flat, with 2 bedrooms split across 441 square feet of gross internal area and has no outside space to £179,584 for a leasehold flat, with 3 bedrooms split across 1,044 square feet of gross internal area and has no outside space.

Average £/ft2 for properties in WV3 8LB is £245/ft2.

Properties achieve a rental yield of between 5.2% and 6.3%, and rental values range from £609 to £780 per month.

Sale value change
12 months
1.2%
Rental value change
12 months
5.2%
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Recent sales

within WV3 8LB

The last sale was 05 Jun 2023 for £112,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 4 sales since 1995.

WV3 8LB has seen 3 sales in the last three years and no sales in the last twelve months.

£112,000
Jun-2023
Sold
£132,000
Dec-2022
Sold
£75,000
Nov-2022
Sold
£102,000
Jan-2020
Sold
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Nearby postcodes

to WV3 8LB

WV3 8LB is the 716th largest and the 451st most expensive postcode out of the 1,548 postcodes in the WV3 area.

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Nearby postcodes

to WV3 8LB

WV3 8LB is the 716th largest and the 451st most expensive postcode out of the 1,548 postcodes in the WV3 area.

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Property types

in WV3 8LB

WV3 8LB is a residential postcode located on Clee Hill Drive, Wolverhampton, WV3 with 12 flats within its bounds.

The most common property type in WV3 8LB is a mid-century flat built between 1936 and 1979.

mid-century flat (12)
Energy Efficiency

Energy Efficiency

of properties within WV3 8LB

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (0)
B (0)
F (0)
C (7)
G (0)
D (4)
No EPC (1)
Schools nearby

Schools nearby

to WV3 8LB

The nearest primary school to WV3 8LB is Castlecroft Primary School which is 700 metres away and is rated Good by Ofsted.
700 m
Castlecroft Primary School
Good
1.3 km
Christ Church (Church of England) Infant and Nursery School
Outstanding
1.5 km
Westacre Infant School
Good
The nearest secondary school is Highfields School which is 1.9 kilometres away and is rated Good by Ofsted.
1.9 km
Highfields School
Good
2.2 km
St Peter's Collegiate Academy
Requires improvement
2.4 km
St Edmund's Catholic Academy
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to WV3 8LB

The closest station to WV3 8LB is Bilbrook station which is 4.9 kilometres away.

4.9 km
Bilbrook
5.0 km
Wolverhampton
5.3 km
Codsall
8.2 km
Coseley
Source: National Rail


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