WV8 1TA is a residential postcode located on Fallowfield, Pendeford, Wolverhampton, WV8. It is the 616th largest postcode in the WV8 area.
It contains 66 residential addresses consisting of 29 houses and 37 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £80,561. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 5.0%.
Property sale values range from £68,361 for a leasehold flat, with 2 bedrooms split across 463 square feet of gross internal area and has no outside space to £207,587 for a freehold house, with 4 bedrooms split across 1,647 square feet of gross internal area and has a garden.
Average £/ft2 for properties in WV8 1TA is £139/ft2.
Properties achieve a rental yield of between 5.8% and 8.5%, and rental values range from £487 to £995 per month.
The last sale was 01 Jul 2022 for £71,000 and since then the market in the area as increased by 2.9%. The postcode has had a total of 4 sales since 1995.
WV8 1TA has seen 1 sale in the last three years and no sales in the last twelve months.
WV8 1TA is the 616th largest and the 14th most expensive postcode out of the 619 postcodes in the WV8 area.
WV8 1TA is a residential postcode located on Fallowfield, Pendeford, Wolverhampton, WV8 with 29 houses and 37 flats within its bounds.
The most common property type in WV8 1TA is a mid-century flat built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to WV8 1TA is Bilbrook station which is 1.8 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 1TA, 56.6% of property is socially rented and 18.9% is privately owned with a mortgage.
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 1TA, 23.3% of residents are recorded as possessing school level qualifications and 22.6% 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 1TA, the average age was 39.1 and the most common age was 62.
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 1TA, 0.3% 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 1TA, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.