WV1 2RT is a residential postcode situated on Old Heath Road, Wolverhampton, WV1 with 18 addresses.
It ranks as the 712th largest and 156th most expensive of the 1,394 postcodes in the WV1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 flats.
WV1 2RT is a residential postcode situated on Old Heath Road, Wolverhampton, WV1 with 18 addresses.
It ranks as the 712th largest and 156th most expensive of the 1,394 postcodes in the WV1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 flats.
Sale prices range from £80,108 for 1 bedroom leasehold flats (419 ft2) to £95,712 for 2 bedroom leasehold flats (602 ft2) .
Monthly rental prices range from £571 pcm for 1 bed flats to £686 pcm for 2 bed flats.
The gross rental yield is between 8.6% and 8.6%.
The average value per square foot is £173.
The last sale in WV1 2RT sold for £57,500 on 2nd February 2007. Since then prices are up an average of 28.3%.
The current average value in the postcode is £93,978.
The WV1 2RT Sales Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £93,978 |
| April 2025 | 3.5% | £93,025 |
| April 2024 | 0.8% | £89,844 |
| April 2023 | 3.8% | £89,162 |
| April 2022 | 10.7% | £85,923 |
| April 2021 | 6.3% | £77,591 |
| April 2020 | 4.4% | £72,968 |
| April 2019 | 2.1% | £69,906 |
| April 2018 | 3.9% | £68,460 |
| April 2017 | 2% | £65,886 |
| April 2016 | 4% | £64,564 |
| April 2015 | 2.3% | £62,100 |
| April 2014 | 2.9% | £60,676 |
| April 2013 | -1.6% | £58,994 |
| April 2012 | -1.6% | £59,949 |
| April 2011 | -2.1% | £60,952 |
| April 2010 | 0.9% | £62,254 |
| April 2009 | -14.1% | £61,730 |
| April 2008 | -2.8% | £71,825 |
| April 2007 | 0% | £73,929 |
The current average rental value in the postcode is £673.
The WV1 2RT Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £673pcm |
| April 2025 | 5.4% | £653pcm |
| April 2024 | 12% | £619pcm |
| April 2023 | 8.8% | £553pcm |
| April 2022 | 6.1% | £508pcm |
| April 2021 | 6.5% | £479pcm |
| April 2020 | 3.7% | £449pcm |
| April 2019 | 0% | £433pcm |
| April 2018 | 0.7% | £433pcm |
| April 2017 | 0.7% | £430pcm |
| April 2016 | 2.2% | £427pcm |
| April 2015 | 1.6% | £418pcm |
| April 2014 | 0.8% | £412pcm |
| April 2013 | -1.3% | £409pcm |
| April 2012 | 1.5% | £414pcm |
| April 2011 | -0.7% | £408pcm |
| April 2010 | -0.3% | £411pcm |
| April 2009 | -6% | £412pcm |
| April 2008 | 2.2% | £439pcm |
| April 2007 | 0% | £429pcm |
The last sale was on 2nd February 2007 for £57,500 and since then the market in the area has increased by 28.3%. The postcode has had a total of 4 sales since 1995.
WV1 2RT has seen no sales in the last three years and no sales in the last twelve months.
WV1 2RT is the 712th largest and the 156th most expensive postcode out of the 1,394 postcodes in the WV1 area.
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The closest station to WV1 2RT is Wolverhampton station which is 1.3 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 WV1 2RT, 65.9% of property is socially rented and 13.5% is privately rented.
The graph below shows how this compares to West Midlands 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 WV1 2RT, 42.2% of residents are recorded as possessing school level qualifications and 18.6% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around WV1 2RT, the average age was 38.1 and the most common age was 12.
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 WV1 2RT, 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 WV1 2RT, 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.