WV8 1UY is a residential postcode located on Forge Close, Pendeford, Wolverhampton, WV8. It is the 548th largest postcode in the WV8 area.
It contains 37 residential addresses consisting of 19 houses and 18 flats and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £115,414. Sales values have increased in the last 12 months by 3.9% and Rental values have increased by 7.4%.
Property sale values range from £85,466 for a leasehold flat, with 2 bedrooms split across 484 square feet of gross internal area and has no outside space to £191,596 for a freehold house, with 4 bedrooms split across 1,206 square feet of gross internal area and has a garden.
Average £/ft2 for properties in WV8 1UY is £172/ft2.
Properties achieve a rental yield of between 6% and 8.5%, and rental values range from £603 to £959 per month.
The last sale was 14 Apr 2023 for £160,000 and since then the market in the area as increased by 2.1%. The postcode has had a total of 4 sales since 1995.
WV8 1UY has seen 1 sale in the last three years and no sales in the last twelve months.
WV8 1UY is the 548th largest and the 44th most expensive postcode out of the 619 postcodes in the WV8 area.
WV8 1UY is a residential postcode located on Forge Close, Pendeford, Wolverhampton, WV8 with 19 houses and 18 flats within its bounds.
The most common property type in WV8 1UY is a mid-century house 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 1UY is Bilbrook station which is 2.1 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 1UY, 54.4% of property is socially rented and 21.1% 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 1UY, 25.2% of residents are recorded as possessing school level qualifications and 20.8% 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 1UY, 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 1UY, 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 1UY, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.