WV8 1GF is a residential postcode located on Old Farm Drive, Codsall, Wolverhampton, WV8. It is the 581st largest postcode in the WV8 area.
It contains 45 houses and the most common type of property is a modern house built after 1980.
The average house value is £516,721. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 2.3%.
Property sale values range from £418,498 for a freehold house, with 4 bedrooms split across 1,163 square feet of gross internal area and has a garden to £604,240 for a freehold house, with 5 bedrooms split across 2,271 square feet of gross internal area and has a garden.
Average £/ft2 for properties in WV8 1GF is £296/ft2.
Properties achieve a rental yield of between 4.2% and 4.4%, and rental values range from £1,540 to £2,157 per month.
The last sale was 02 Sep 2022 for £650,000 and since then the market in the area as increased by -2.3%. The postcode has had a total of 4 sales since 1995.
WV8 1GF has seen 4 sales in the last three years and no sales in the last twelve months.
WV8 1GF is the 581st largest and the 546th most expensive postcode out of the 619 postcodes in the WV8 area.
WV8 1GF is a residential postcode located on Old Farm Drive, Codsall, Wolverhampton, WV8 with 45 houses within its bounds.
The most common property type in WV8 1GF is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to WV8 1GF is Bilbrook station which is 1.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around WV8 1GF, 51.3% of property is privately owned with a mortgage and 33.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around WV8 1GF, 21.5% of residents are recorded as possessing school level qualifications and 55.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around WV8 1GF, the average age was 44.5 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around WV8 1GF, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around WV8 1GF, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.