Millfields Way - WV5 8HA
Key Postcode Insights
WV5 8HA is a residential postcode situated on Millfields Way, Wombourne, Wolverhampton, WV5 with 14 addresses.
It ranks as the 253rd largest and 379th most expensive of the 453 postcodes in the WV5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £491,745
- 10 Year change
- up 46.1%
- Ave. Rental Price
- £1,432pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
WV5 8HA is a residential postcode situated on Millfields Way, Wombourne, Wolverhampton, WV5 with 14 addresses.
It ranks as the 253rd largest and 379th most expensive of the 453 postcodes in the WV5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £491,745
- 10 Year change
- up 46.1%
- Ave. Rental Price
- £1,432pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin WV5 8HA
- 1 Millfields Way
House
- 2 Millfields Way
5 Bed Mid-century House
- 3 Millfields Way
House
- 4 Millfields Way
House
- 5 Millfields Way
House
Sales Market Trends
The last sale in WV5 8HA sold for £490,000 on 13th February 2026. Since then prices are down an average of 0.7%.
The current average value in the postcode is £491,745.
The WV5 8HA Sales Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £491,745 |
| June 2025 | 2.1% | £486,510 |
| June 2024 | -2.5% | £476,629 |
| June 2023 | 4.1% | £488,897 |
| June 2022 | 10.4% | £469,865 |
| June 2021 | 5.6% | £425,627 |
| June 2020 | 2.7% | £403,171 |
| June 2019 | 4.8% | £392,384 |
| June 2018 | 3.9% | £374,526 |
| June 2017 | 7.1% | £360,437 |
| June 2016 | 7.9% | £336,577 |
| June 2015 | -5% | £311,818 |
| June 2014 | 10.4% | £328,214 |
| June 2013 | 1.3% | £297,239 |
| June 2012 | -2.7% | £293,464 |
| June 2011 | -0.4% | £301,726 |
| June 2010 | 5.7% | £302,949 |
| June 2009 | -1.8% | £286,583 |
| June 2008 | -4.7% | £291,883 |
| June 2007 | 0% | £306,198 |
Rental Market Trends
The current average rental value in the postcode is £1,432.
The WV5 8HA Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,432pcm |
| June 2025 | 6.8% | £1,392pcm |
| June 2024 | 6.8% | £1,303pcm |
| June 2023 | 6.8% | £1,220pcm |
| June 2022 | 7.5% | £1,142pcm |
| June 2021 | 7% | £1,062pcm |
| June 2020 | 2.8% | £993pcm |
| June 2019 | 2.9% | £966pcm |
| June 2018 | 0.9% | £938pcm |
| June 2017 | 3.9% | £930pcm |
| June 2016 | 3% | £895pcm |
| June 2015 | 2.2% | £869pcm |
| June 2014 | 3.1% | £850pcm |
| June 2013 | -1.1% | £824pcm |
| June 2012 | 1.4% | £834pcm |
| June 2011 | 3.6% | £823pcm |
| June 2010 | 4.8% | £794pcm |
| June 2009 | -5.6% | £758pcm |
| June 2008 | 3.8% | £803pcm |
| June 2007 | 0% | £774pcm |
Sales History
The last sale was on 13th February 2026 for £490,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 12 sales since 1995.
WV5 8HA has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£490,000 | 4 Bed House6, Millfields Way, Wolverhampton, WV5 8HA6, Millfields Way, Wolverhampton, WV5 8HA
- Sold Jul 2025£499,995 | 4 Bed House9, Millfields Way, Wolverhampton, WV5 8HA9, Millfields Way, Wolverhampton, WV5 8HA
- Sold Sep 2021£450,000 | 5 Bed House16, Millfields Way, Wolverhampton, WV5 8HA16, Millfields Way, Wolverhampton, WV5 8HA
- Sold Dec 2019£393,000 | 4 Bed House9, Millfields Way, Wolverhampton, WV5 8HA9, Millfields Way, Wolverhampton, WV5 8HA
- Sold Oct 2019£305,000 | 3 Bed House8, Millfields Way, Wolverhampton, WV5 8HA8, Millfields Way, Wolverhampton, WV5 8HA
Nearby Postcodes
WV5 8HA is the 253rd largest and the 379th most expensive postcode out of the 453 postcodes in the WV5 area.
- WV5 8HB, Woodford Way, Wombourne, Wolverhampton, WV5WV5 8HB6 Addresses|67 m away
- WV5 8HG, The Croft, Wombourne, Wolverhampton, WV5WV5 8HG6 Addresses|70 m away
- WV5 8HF, The Heathlands, Wombourne, Wolverhampton, WV5WV5 8HF25 Addresses|85 m away
- WV5 8EZ, Heath House Drive, Wombourne, Wolverhampton, WV5WV5 8EZ42 Addresses|100 m away
- WV5 8HQ, Bloomfield Close, Wombourne, Wolverhampton, WV5WV5 8HQ6 Addresses|104 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- mid-century house (6)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Sep 2017£515,000 | 5 Bed House2, Millfields Way, Wolverhampton, WV5 8HA2, Millfields Way, Wolverhampton, WV5 8HA
- Sold Jul 2025£499,995 | 4 Bed House9, Millfields Way, Wolverhampton, WV5 8HA9, Millfields Way, Wolverhampton, WV5 8HA
- Sold Feb 2026£490,000 | 4 Bed House6, Millfields Way, Wolverhampton, WV5 8HA6, Millfields Way, Wolverhampton, WV5 8HA
Schools Nearby
- St Bernadette's Catholic Primary School900 m away
- Westfield Primary School1.4 km away
- Blakeley Heath Primary School1.4 km away
- Wombourne High School1.2 km away
- Summerhill School4.4 km away
- Kingswinford Academy4.5 km away
More reading links
Public Transport Nearby
The closest station to WV5 8HA is Coseley station, which is 8.6 kilometres away.
- Coseley|8.6 km away
- Wolverhampton|8.9 km away
- Stourbridge Town|9.5 km away
- Tipton|9.8 km away
