Mill Lane - WV5 0LG
Key Postcode Insights
WV5 0LG is a residential postcode situated on Mill Lane, Wombourne, Wolverhampton, WV5 with 5 addresses.
It ranks as the 80th largest and 111th 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 5 properties: 5 houses.
- Ave. Sale Price
- £283,125
- 10 Year change
- up 57.1%
- Ave. Rental Price
- £1,065pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £532/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
WV5 0LG is a residential postcode situated on Mill Lane, Wombourne, Wolverhampton, WV5 with 5 addresses.
It ranks as the 80th largest and 111th 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 5 properties: 5 houses.
- Ave. Sale Price
- £283,125
- 10 Year change
- up 57.1%
- Ave. Rental Price
- £1,065pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £532/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin WV5 0LG
- Millbrook Cottage
3 Bed Modern House
- 8 Mill Lane
3 Bed House
- 10 Mill Lane
House
- 12 Mill Lane
2 Bed Mid-century House
- 14 Mill Lane
2 Bed Modern House
Sales Market Trends
The last sale in WV5 0LG sold for £455,000 on 24th October 2022. Since then prices are up an average of 4.7%.
The current average value in the postcode is £283,125.
The WV5 0LG Sales Market has increased by 57.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £283,125 |
| June 2025 | 2.8% | £273,130 |
| June 2024 | -2% | £265,588 |
| June 2023 | 4.6% | £271,004 |
| June 2022 | 12.1% | £259,005 |
| June 2021 | 5.9% | £231,140 |
| June 2020 | 2.9% | £218,172 |
| June 2019 | 5.6% | £211,942 |
| June 2018 | 4.4% | £200,703 |
| June 2017 | 6.7% | £192,291 |
| June 2016 | 8% | £180,233 |
| June 2015 | -4.9% | £166,822 |
| June 2014 | 11.1% | £175,438 |
| June 2013 | 1.5% | £157,944 |
| June 2012 | -2.8% | £155,591 |
| June 2011 | -1.4% | £159,998 |
| June 2010 | 3.5% | £162,204 |
| June 2009 | -4.3% | £156,770 |
| June 2008 | -4.2% | £163,790 |
| June 2007 | 0% | £171,002 |
Rental Market Trends
The current average rental value in the postcode is £1,065.
The WV5 0LG Rental Market has increased by 72.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £1,065pcm |
| June 2025 | 7.3% | £1,008pcm |
| June 2024 | 7.4% | £940pcm |
| June 2023 | 7.8% | £875pcm |
| June 2022 | 9% | £812pcm |
| June 2021 | 7.3% | £745pcm |
| June 2020 | 3.1% | £694pcm |
| June 2019 | 3.6% | £673pcm |
| June 2018 | 1.5% | £650pcm |
| June 2017 | 3.7% | £641pcm |
| June 2016 | 3.2% | £618pcm |
| June 2015 | 2% | £599pcm |
| June 2014 | 4% | £587pcm |
| June 2013 | -0.9% | £565pcm |
| June 2012 | 1.3% | £570pcm |
| June 2011 | 2.6% | £563pcm |
| June 2010 | 2.6% | £549pcm |
| June 2009 | -7.4% | £535pcm |
| June 2008 | 4.1% | £578pcm |
| June 2007 | 0% | £555pcm |
Sales History
The last sale was on 24th October 2022 for £455,000 and since then the market in the area has increased by 4.7%. The postcode has had a total of 2 sales since 1995.
WV5 0LG has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
WV5 0LG is the 80th largest and the 111th most expensive postcode out of the 453 postcodes in the WV5 area.
- WV5 0LL, The Fold, Wombourne, Wolverhampton, WV5WV5 0LL3 Addresses|39 m away
- WV5 9DP, High Street, Wombourne, Wolverhampton, WV5WV5 9DP9 Addresses|68 m away
- WV5 9JW, High Street, Wombourne, Wolverhampton, WV5WV5 9JW21 Addresses|71 m away
- WV5 0LE, Mill Lane, Wombourne, Wolverhampton, WV5WV5 0LE4 Addresses|79 m away
- WV5 0LF, Moises Hall Road, Wombourne, Wolverhampton, WV5WV5 0LF39 Addresses|94 m away
Property Types
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (2)
- mid-century house (1)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- 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 School700 m away
- Blakeley Heath Primary School1.0 km away
- Wombourne High School1.0 km away
- Highfields School3.4 km away
- Ellowes Hall Sports College3.7 km away
More reading links
Public Transport Nearby
The closest station to WV5 0LG 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|9.1 km away
