Ridge Lane - WV11 3TU
Key Postcode Insights
WV11 3TU is a residential postcode situated on Ridge Lane, Wolverhampton, WV11 with 62 addresses.
It ranks as the 1049th largest and 124th most expensive of the 1,083 postcodes in the WV11 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 62 properties: 26 houses and 36 flats.
- Ave. Sale Price
- £157,817
- 10 Year change
- up 54.3%
- Ave. Rental Price
- £841pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £185/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
WV11 3TU is a residential postcode situated on Ridge Lane, Wolverhampton, WV11 with 62 addresses.
It ranks as the 1049th largest and 124th most expensive of the 1,083 postcodes in the WV11 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 62 properties: 26 houses and 36 flats.
- Ave. Sale Price
- £157,817
- 10 Year change
- up 54.3%
- Ave. Rental Price
- £841pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £185/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin WV11 3TU
- 59 Ridge Lane
House
- 61 Ridge Lane
3 Bed Mid-century House
- 63 Ridge Lane
3 Bed Mid-century House
- 65 Ridge Lane
3 Bed Early-century House
- 66 Ridge Lane
1 Bed Mid-century Flat
Sales Market Trends
The last sale in WV11 3TU sold for £245,000 on 2nd February 2024. Since then prices are up an average of 3.7%.
The current average value in the postcode is £157,817.
The WV11 3TU Sales Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £157,817 |
| June 2025 | 3.9% | £157,939 |
| June 2024 | -0.5% | £151,994 |
| June 2023 | 3% | £152,767 |
| June 2022 | 10.8% | £148,262 |
| June 2021 | 9.5% | £133,816 |
| June 2020 | 5.2% | £122,240 |
| June 2019 | 2.2% | £116,149 |
| June 2018 | 7.2% | £113,676 |
| June 2017 | 3.7% | £106,081 |
| June 2016 | 3.3% | £102,311 |
| June 2015 | 3.2% | £99,033 |
| June 2014 | 3.3% | £95,968 |
| June 2013 | -0.2% | £92,905 |
| June 2012 | -1.9% | £93,131 |
| June 2011 | 0.3% | £94,937 |
| June 2010 | 3.4% | £94,609 |
| June 2009 | -10.3% | £91,512 |
| June 2008 | -5.6% | £102,023 |
| June 2007 | 0% | £108,105 |
Rental Market Trends
The current average rental value in the postcode is £841.
The WV11 3TU Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £841pcm |
| June 2025 | 3.8% | £821pcm |
| June 2024 | 10.1% | £790pcm |
| June 2023 | 11.6% | £718pcm |
| June 2022 | 6.7% | £643pcm |
| June 2021 | 8.1% | £603pcm |
| June 2020 | 3% | £558pcm |
| June 2019 | 0.6% | £542pcm |
| June 2018 | 1.8% | £538pcm |
| June 2017 | 1.7% | £529pcm |
| June 2016 | 1.8% | £520pcm |
| June 2015 | 3% | £511pcm |
| June 2014 | 2.2% | £496pcm |
| June 2013 | -0.8% | £485pcm |
| June 2012 | 0.9% | £489pcm |
| June 2011 | 0.8% | £484pcm |
| June 2010 | 2% | £480pcm |
| June 2009 | -4.3% | £471pcm |
| June 2008 | 0.6% | £492pcm |
| June 2007 | 0% | £489pcm |
Sales History
The last sale was on 2nd February 2024 for £245,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 22 sales since 1995.
WV11 3TU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2024£245,000 | 3 Bed House73, Ridge Lane, Wolverhampton, WV11 3TU73, Ridge Lane, Wolverhampton, WV11 3TU
- Sold Jun 2023£93,500 | 2 Bed Flat140, Ridge Lane, Wolverhampton, WV11 3TU140, Ridge Lane, Wolverhampton, WV11 3TU
- Sold Apr 2022£205,000 | 3 Bed House63, Ridge Lane, Wolverhampton, WV11 3TU63, Ridge Lane, Wolverhampton, WV11 3TU
- Sold Jul 2019£150,000 | 3 Bed House87, Ridge Lane, Wolverhampton, WV11 3TU87, Ridge Lane, Wolverhampton, WV11 3TU
- Sold Mar 2019£72,000 | 2 Bed Flat76, Ridge Lane, Wolverhampton, WV11 3TU76, Ridge Lane, Wolverhampton, WV11 3TU
Nearby Postcodes
WV11 3TU is the 1049th largest and the 124th most expensive postcode out of the 1,083 postcodes in the WV11 area.
- WV11 1YH, Jayne Close, Wolverhampton, WV11WV11 1YH7 Addresses|88 m away
- WV11 3AA, Wootton Avenue, Wolverhampton, WV11WV11 3AA11 Addresses|116 m away
- WV11 3HB, Moathouse Lane West, Wolverhampton, WV11WV11 3HB22 Addresses|116 m away
- WV11 3AB, Thomas Mason Close, Wolverhampton, WV11WV11 3AB24 Addresses|119 m away
- WV11 3HA, Moathouse Lane West, Wolverhampton, WV11WV11 3HA8 Addresses|119 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 31 mid-century flats built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 20 other addresses of unknown type
- mid-century house (7)
- mid-century flat (31)
- early-century house (4)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 42 properties.
- The most common rating is C.
- A (0)
- E (7)
- B (0)
- F (1)
- C (17)
- G (0)
- D (17)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Feb 2024£245,000 | 3 Bed House73, Ridge Lane, Wolverhampton, WV11 3TU73, Ridge Lane, Wolverhampton, WV11 3TU
- Sold Jun 2024£237,500 | 3 Bed House16, Ridge Lane, Wolverhampton, WV11 3TX16, Ridge Lane, Wolverhampton, WV11 3TX
- Sold Nov 2022£235,000 | 3 Bed House35, Ridge Lane, Wolverhampton, WV11 3TX35, Ridge Lane, Wolverhampton, WV11 3TX
Schools Nearby
- Wood End Primary School200 m away
- St Thomas' Church of England Primary Academy300 m away
- Edward the Elder Primary School600 m away
- Wednesfield Academy800 m away
- Coppice Performing Arts School1.7 km away
- Heath Park1.8 km away
More reading links
Public Transport Nearby
The closest station to WV11 3TU is Wolverhampton station, which is 3.6 kilometres away.
- Wolverhampton|3.6 km away
- Bloxwich North|4.5 km away
- Bloxwich|4.7 km away
- Landywood|6.6 km away
