Ravenhill Drive - WV8 1BL
Key Postcode Insights
WV8 1BL is a residential postcode situated on Ravenhill Drive, Codsall, Wolverhampton, WV8 with 39 addresses.
It ranks as the 545th largest and 269th most expensive of the 607 postcodes in the WV8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £283,644
- 10 Year change
- up 62.2%
- Ave. Rental Price
- £1,381pcm
- 10 Year change
- up 64.1%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
WV8 1BL is a residential postcode situated on Ravenhill Drive, Codsall, Wolverhampton, WV8 with 39 addresses.
It ranks as the 545th largest and 269th most expensive of the 607 postcodes in the WV8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £283,644
- 10 Year change
- up 62.2%
- Ave. Rental Price
- £1,381pcm
- 10 Year change
- up 64.1%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin WV8 1BL
- 19 Ravenhill Drive
3 Bed Mid-century House
- 21 Ravenhill Drive
3 Bed Mid-century House
- 23 Ravenhill Drive
House
- 25 Ravenhill Drive
3 Bed Mid-century House
- 27 Ravenhill Drive
House
Sales Market Trends
The last sale in WV8 1BL sold for £142,000 on 4th July 2025. Since then prices are up an average of 2.9%.
The current average value in the postcode is £283,644.
The WV8 1BL Sales Market has increased by 62.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £283,644 |
| June 2025 | 3.4% | £276,313 |
| June 2024 | 2.1% | £267,100 |
| June 2023 | 1.7% | £261,493 |
| June 2022 | 9% | £257,134 |
| June 2021 | 10% | £236,011 |
| June 2020 | 4.9% | £214,513 |
| June 2019 | 0.3% | £204,457 |
| June 2018 | 6.5% | £203,771 |
| June 2017 | 9.4% | £191,274 |
| June 2016 | 0.7% | £174,864 |
| June 2015 | 3.8% | £173,653 |
| June 2014 | 4.6% | £167,368 |
| June 2013 | 1.8% | £160,029 |
| June 2012 | -0.5% | £157,230 |
| June 2011 | -0.7% | £157,967 |
| June 2010 | 6.3% | £159,024 |
| June 2009 | -10.7% | £149,606 |
| June 2008 | -1.5% | £167,454 |
| June 2007 | 0% | £169,946 |
Rental Market Trends
The current average rental value in the postcode is £1,381.
The WV8 1BL Rental Market has increased by 64.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £1,381pcm |
| June 2025 | 9.3% | £1,305pcm |
| June 2024 | 6.7% | £1,194pcm |
| June 2023 | 6.5% | £1,119pcm |
| June 2022 | 8.9% | £1,051pcm |
| June 2021 | 8.7% | £966pcm |
| June 2020 | 1% | £889pcm |
| June 2019 | 2.6% | £880pcm |
| June 2018 | 0.5% | £857pcm |
| June 2017 | 1.4% | £853pcm |
| June 2016 | 1.6% | £841pcm |
| June 2015 | 1.9% | £828pcm |
| June 2014 | 2% | £813pcm |
| June 2013 | 0.5% | £797pcm |
| June 2012 | 0.1% | £793pcm |
| June 2011 | 0.3% | £792pcm |
| June 2010 | 3.7% | £790pcm |
| June 2009 | -3.4% | £762pcm |
| June 2008 | 3% | £788pcm |
| June 2007 | 0% | £765pcm |
Sales History
The last sale was on 4th July 2025 for £142,000 and since then the market in the area has increased by 2.9%. The postcode has had a total of 49 sales since 1995.
WV8 1BL has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£142,000 | 3 Bed House86, Ravenhill Drive, Wolverhampton, WV8 1BL86, Ravenhill Drive, Wolverhampton, WV8 1BL
- Sold Dec 2024£292,000 | 3 Bed House25, Ravenhill Drive, Wolverhampton, WV8 1BL25, Ravenhill Drive, Wolverhampton, WV8 1BL
- Sold Oct 2024£280,000 | 3 Bed House74, Ravenhill Drive, Wolverhampton, WV8 1BL74, Ravenhill Drive, Wolverhampton, WV8 1BL
- Sold Dec 2023£218,000 | 3 Bed House50, Ravenhill Drive, Wolverhampton, WV8 1BL50, Ravenhill Drive, Wolverhampton, WV8 1BL
- Sold Oct 2023£308,000 | 3 Bed House39, Ravenhill Drive, Wolverhampton, WV8 1BL39, Ravenhill Drive, Wolverhampton, WV8 1BL
Nearby Postcodes
WV8 1BL is the 545th largest and the 269th most expensive postcode out of the 607 postcodes in the WV8 area.
- WV8 1BN, Sherborne Gardens, Codsall, Wolverhampton, WV8WV8 1BN28 Addresses|57 m away
- WV8 1BJ, Slade Gardens, Codsall, Wolverhampton, WV8WV8 1BJ8 Addresses|106 m away
- WV8 1BQ, Ravenhill Drive, Codsall, Wolverhampton, WV8WV8 1BQ20 Addresses|106 m away
- WV8 1PY, Gorsty Hayes, Codsall, Wolverhampton, WV8WV8 1PY19 Addresses|106 m away
- WV8 1BW, Ravenhill Drive, Codsall, Wolverhampton, WV8WV8 1BW22 Addresses|107 m away
Property Types
- 22 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 13 other addresses of unknown type
- mid-century house (22)
- house (4)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (7)
- G (0)
- D (12)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Jul 2024£370,000 | 3 Bed House1, Ravenhill Drive, Wolverhampton, WV8 1BA1, Ravenhill Drive, Wolverhampton, WV8 1BA
- Sold Oct 2023£308,000 | 3 Bed House39, Ravenhill Drive, Wolverhampton, WV8 1BL39, Ravenhill Drive, Wolverhampton, WV8 1BL
- Sold Dec 2024£292,000 | 3 Bed House25, Ravenhill Drive, Wolverhampton, WV8 1BL25, Ravenhill Drive, Wolverhampton, WV8 1BL
Schools Nearby
- St Nicholas Church of England First School400 m away
- St Christopher's Catholic Primary Academy600 m away
- Lane Green First School800 m away
- Codsall Community High School500 m away
- Aldersley High School2.4 km away
- St Regis Church of England Academy3.5 km away
More reading links
Public Transport Nearby
The closest station to WV8 1BL is Codsall station, which is 600 metres away.
- Codsall|600 m away
- Bilbrook|800 m away
- Albrighton|5.2 km away
- Wolverhampton|6.8 km away