Mill Lane - WV5 0LE
Key Postcode Insights
WV5 0LE is a residential postcode situated on Mill Lane, Wombourne, Wolverhampton, WV5 with 4 addresses.
It ranks as the 63rd largest and 365th most expensive of the 453 postcodes in the WV5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £426,175
- 10 Year change
- up 45.1%
- Ave. Rental Price
- £1,496pcm
- 10 Year change
- up 59.1%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
WV5 0LE is a residential postcode situated on Mill Lane, Wombourne, Wolverhampton, WV5 with 4 addresses.
It ranks as the 63rd largest and 365th most expensive of the 453 postcodes in the WV5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £426,175
- 10 Year change
- up 45.1%
- Ave. Rental Price
- £1,496pcm
- 10 Year change
- up 59.1%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin WV5 0LE
- Avon
3 Bed Modern House
- Kellica
5 Bed Mid-century House
- Mill Lane Farmhouse
House
- 1 Mill Lane
House
Sales Market Trends
The last sale in WV5 0LE sold for £165,000 on 11th December 2000. Since then prices are down an average of 0.0%.
The current average value in the postcode is £426,175.
The WV5 0LE Sales Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £426,175 |
| June 2025 | 2.1% | £423,341 |
| June 2024 | -2.4% | £414,725 |
| June 2023 | 3.9% | £424,943 |
| June 2022 | 10.3% | £408,929 |
| June 2021 | 5.7% | £370,791 |
| June 2020 | 2.7% | £350,786 |
| June 2019 | 4.7% | £341,512 |
| June 2018 | 3.9% | £326,131 |
| June 2017 | 6.9% | £313,982 |
| June 2016 | 7.8% | £293,714 |
| June 2015 | -4.6% | £272,368 |
| June 2014 | 10% | £285,511 |
| June 2013 | 1.2% | £259,538 |
| June 2012 | -2.6% | £256,362 |
| June 2011 | -0.4% | £263,216 |
| June 2010 | 6% | £264,217 |
| June 2009 | -2% | £249,379 |
| June 2008 | -4.7% | £254,404 |
| June 2007 | 0% | £266,961 |
Rental Market Trends
The current average rental value in the postcode is £1,496.
The WV5 0LE Rental Market has increased by 59.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,496pcm |
| June 2025 | 6.5% | £1,459pcm |
| June 2024 | 6.9% | £1,369pcm |
| June 2023 | 7.1% | £1,281pcm |
| June 2022 | 7.3% | £1,196pcm |
| June 2021 | 7.1% | £1,115pcm |
| June 2020 | 2.8% | £1,041pcm |
| June 2019 | 2.7% | £1,013pcm |
| June 2018 | 1% | £986pcm |
| June 2017 | 3.9% | £976pcm |
| June 2016 | 3% | £940pcm |
| June 2015 | 2.3% | £913pcm |
| June 2014 | 3% | £892pcm |
| June 2013 | -1.1% | £867pcm |
| June 2012 | 1.4% | £877pcm |
| June 2011 | 3.6% | £864pcm |
| June 2010 | 5% | £834pcm |
| June 2009 | -5.2% | £794pcm |
| June 2008 | 3.6% | £838pcm |
| June 2007 | 0% | £809pcm |
Sales History
The last sale was on 11th December 2000 for £165,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
WV5 0LE has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
WV5 0LE is the 63rd largest and the 365th most expensive postcode out of the 453 postcodes in the WV5 area.
- WV5 0JQ, Rookery Road, Wombourne, Wolverhampton, WV5WV5 0JQ20 Addresses|75 m away
- WV5 0LG, Mill Lane, Wombourne, Wolverhampton, WV5WV5 0LG5 Addresses|79 m away
- WV5 0LL, The Fold, Wombourne, Wolverhampton, WV5WV5 0LL3 Addresses|113 m away
- WV5 9DP, High Street, Wombourne, Wolverhampton, WV5WV5 9DP9 Addresses|118 m away
- WV5 0JE, Redcliffe Drive, Wombourne, Wolverhampton, WV5WV5 0JE42 Addresses|139 m away
Property Types
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (1)
- mid-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Oct 2022£455,000 | 3 Bed House8, Mill Lane, Wolverhampton, WV5 0LG8, Mill Lane, Wolverhampton, WV5 0LG
- Sold Jan 2022£280,000 | 3 Bed HouseMillbrook Cottage, Mill Lane, Wolverhampton, WV5 0LGMillbrook Cottage, Mill Lane, Wolverhampton, WV5 0LG
- Sold Dec 2000£165,000 | 4 Bed House1, Mill Lane, Wolverhampton, WV5 0LE1, Mill Lane, Wolverhampton, WV5 0LE
Schools Nearby
- St Benedict Biscop CofE Primary School400 m away
- Westfield Primary School800 m away
- Blakeley Heath Primary School1.0 km away
- Wombourne High School1.0 km away
- Highfields School3.5 km away
- Ellowes Hall Sports College3.7 km away
More reading links
Public Transport Nearby
The closest station to WV5 0LE is Coseley station, which is 6.6 kilometres away.
- Coseley|6.6 km away
- Wolverhampton|7.3 km away
- Tipton|7.9 km away
- Dudley Port|9.0 km away
