WV11 1RX is a residential postcode situated on Elder Grove, Wolverhampton, WV11 with 13 addresses.
It ranks as the 363rd largest and 157th most expensive of the 1,079 postcodes in the WV11 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 13 properties: 13 flats.
WV11 1RX is a residential postcode situated on Elder Grove, Wolverhampton, WV11 with 13 addresses.
It ranks as the 363rd largest and 157th most expensive of the 1,079 postcodes in the WV11 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 13 properties: 13 flats.
Sale prices range from £125,842 for 2 bedroom leasehold flats (538 ft2) to £140,575 for 2 bedroom leasehold flats (667 ft2) .
Monthly rental prices range from £666 pcm for 2 bed flats to £742 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 6.4%.
The average value per square foot is £225.
The last sale in WV11 1RX sold for £125,500 on 4th July 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £132,113.
The WV11 1RX Sales Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £132,113 |
| April 2025 | 2.9% | £131,390 |
| April 2024 | 0.5% | £127,742 |
| April 2023 | 3.4% | £127,059 |
| April 2022 | 9.6% | £122,825 |
| April 2021 | 6.8% | £112,023 |
| April 2020 | 5.8% | £104,919 |
| April 2019 | 1% | £99,212 |
| April 2018 | 6.3% | £98,229 |
| April 2017 | 1.1% | £92,398 |
| April 2016 | 3.2% | £91,393 |
| April 2015 | 3% | £88,580 |
| April 2014 | 3.7% | £86,018 |
| April 2013 | -1.1% | £82,958 |
| April 2012 | -3.1% | £83,914 |
| April 2011 | 0.3% | £86,574 |
| April 2010 | 2.7% | £86,357 |
| April 2009 | -13.6% | £84,077 |
| April 2008 | -3.9% | £97,322 |
| April 2007 | 0% | £101,280 |
The current average rental value in the postcode is £699.
The WV11 1RX Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £699pcm |
| April 2025 | 6% | £681pcm |
| April 2024 | 11.7% | £642pcm |
| April 2023 | 7.7% | £575pcm |
| April 2022 | 5.1% | £534pcm |
| April 2021 | 6.4% | £508pcm |
| April 2020 | 4% | £477pcm |
| April 2019 | 0% | £459pcm |
| April 2018 | 1.8% | £459pcm |
| April 2017 | -0.8% | £451pcm |
| April 2016 | 1.6% | £455pcm |
| April 2015 | 2% | £447pcm |
| April 2014 | 1.6% | £439pcm |
| April 2013 | -0.9% | £432pcm |
| April 2012 | 0.7% | £436pcm |
| April 2011 | 0.3% | £433pcm |
| April 2010 | 1.3% | £432pcm |
| April 2009 | -5.1% | £426pcm |
| April 2008 | 1.5% | £449pcm |
| April 2007 | 0% | £442pcm |
The last sale was on 4th July 2025 for £125,500 and since then the market in the area has increased by 0.8%. The postcode has had a total of 18 sales since 1995.
WV11 1RX has seen 1 sale in the last three years and 1 sale in the last twelve months.
WV11 1RX is the 363rd largest and the 157th most expensive postcode out of the 1,079 postcodes in the WV11 area.
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The closest station to WV11 1RX is Wolverhampton station which is 2.3 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 WV11 1RX, 36.6% of property is privately owned outright and 29.6% 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 WV11 1RX, 14.2% of residents are recorded as possessing school level qualifications and 24.1% 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 WV11 1RX, the average age was 35.1 and the most common age was 32.
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 WV11 1RX, 0.6% 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 WV11 1RX, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.