Millfields Way - WV5 8JQ
Key Postcode Insights
WV5 8JQ is a residential postcode situated on Millfields Way, Wombourne, Wolverhampton, WV5 with 18 addresses.
It ranks as the 298th largest and 226th 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 18 properties: 18 houses.
- Ave. Sale Price
- £338,156
- 10 Year change
- up 52.9%
- Ave. Rental Price
- £1,277pcm
- 10 Year change
- up 67.5%
- Ave. £ per ft²
- £383/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
WV5 8JQ is a residential postcode situated on Millfields Way, Wombourne, Wolverhampton, WV5 with 18 addresses.
It ranks as the 298th largest and 226th 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 18 properties: 18 houses.
- Ave. Sale Price
- £338,156
- 10 Year change
- up 52.9%
- Ave. Rental Price
- £1,277pcm
- 10 Year change
- up 67.5%
- Ave. £ per ft²
- £383/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin WV5 8JQ
- 40 Millfields Way
3 Bed Mid-century House
- 42 Millfields Way
2 Bed Mid-century House
- 44 Millfields Way
2 Bed Mid-century House
- 46 Millfields Way
3 Bed Mid-century House
- 48 Millfields Way
4 Bed Mid-century House
Sales Market Trends
The last sale in WV5 8JQ sold for £310,000 on 21st November 2025. Since then prices are up an average of 1.4%.
The current average value in the postcode is £338,156.
The WV5 8JQ Sales Market has increased by 52.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £338,156 |
| June 2025 | 2.5% | £328,872 |
| June 2024 | -2.3% | £320,730 |
| June 2023 | 4.4% | £328,180 |
| June 2022 | 11.4% | £314,251 |
| June 2021 | 5.7% | £282,107 |
| June 2020 | 2.8% | £266,914 |
| June 2019 | 5.3% | £259,520 |
| June 2018 | 4.2% | £246,488 |
| June 2017 | 7% | £236,579 |
| June 2016 | 8% | £221,128 |
| June 2015 | -5.1% | £204,667 |
| June 2014 | 11% | £215,779 |
| June 2013 | 1.4% | £194,370 |
| June 2012 | -2.8% | £191,622 |
| June 2011 | -1% | £197,158 |
| June 2010 | 4.3% | £199,098 |
| June 2009 | -3.1% | £190,954 |
| June 2008 | -4.3% | £197,056 |
| June 2007 | 0% | £206,004 |
Rental Market Trends
The current average rental value in the postcode is £1,277.
The WV5 8JQ Rental Market has increased by 67.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,277pcm |
| June 2025 | 7.3% | £1,220pcm |
| June 2024 | 7.1% | £1,137pcm |
| June 2023 | 7.2% | £1,061pcm |
| June 2022 | 8.5% | £990pcm |
| June 2021 | 7.1% | £913pcm |
| June 2020 | 2.9% | £852pcm |
| June 2019 | 3.4% | £828pcm |
| June 2018 | 1.2% | £801pcm |
| June 2017 | 3.8% | £791pcm |
| June 2016 | 3.1% | £762pcm |
| June 2015 | 2.1% | £739pcm |
| June 2014 | 3.7% | £724pcm |
| June 2013 | -1% | £699pcm |
| June 2012 | 1.3% | £706pcm |
| June 2011 | 3% | £697pcm |
| June 2010 | 3.4% | £676pcm |
| June 2009 | -6.9% | £654pcm |
| June 2008 | 4.2% | £703pcm |
| June 2007 | 0% | £675pcm |
Sales History
The last sale was on 21st November 2025 for £310,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 32 sales since 1995.
WV5 8JQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£310,000 | 3 Bed House64, Millfields Way, Wolverhampton, WV5 8JQ64, Millfields Way, Wolverhampton, WV5 8JQ
- Sold Dec 2024£485,000 | 4 Bed House70, Millfields Way, Wolverhampton, WV5 8JQ70, Millfields Way, Wolverhampton, WV5 8JQ
- Sold Oct 2024£260,000 | 3 Bed House54, Millfields Way, Wolverhampton, WV5 8JQ54, Millfields Way, Wolverhampton, WV5 8JQ
- Sold Jul 2021£275,000 | 3 Bed House62, Millfields Way, Wolverhampton, WV5 8JQ62, Millfields Way, Wolverhampton, WV5 8JQ
- Sold Oct 2020£265,000 | 3 Bed House66, Millfields Way, Wolverhampton, WV5 8JQ66, Millfields Way, Wolverhampton, WV5 8JQ
Nearby Postcodes
WV5 8JQ is the 298th largest and the 226th most expensive postcode out of the 453 postcodes in the WV5 area.
- WV5 8JJ, Millside, Wombourne, Wolverhampton, WV5WV5 8JJ7 Addresses|36 m away
- WV5 8JH, Crane Hollow, Wombourne, Wolverhampton, WV5WV5 8JH9 Addresses|46 m away
- WV5 8JN, Green Meadow Close, Wombourne, Wolverhampton, WV5WV5 8JN15 Addresses|69 m away
- WV5 8JW, Rushwater Close, Wombourne, Wolverhampton, WV5WV5 8JW14 Addresses|81 m away
- WV5 8JF, Wodehouse Close, Wombourne, Wolverhampton, WV5WV5 8JF13 Addresses|92 m away
Property Types
- 1 modern house built after 1980
- 11 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- modern house (1)
- mid-century house (11)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (7)
- No EPC (6)
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 School600 m away
- Blakeley Heath Primary School1.0 km away
- Westfield Primary School1.0 km away
- Wombourne High School900 m away
- Summerhill School4.2 km away
- Kingswinford Academy4.2 km away
More reading links
Public Transport Nearby
The closest station to WV5 8JQ is Coseley station, which is 8.3 kilometres away.
- Coseley|8.3 km away
- Wolverhampton|8.7 km away
- Stourbridge Town|9.3 km away
- Tipton|9.4 km away
