Ravenhill Drive - WV8 1BW
Key Postcode Insights
WV8 1BW is a residential postcode situated on Ravenhill Drive, Codsall, Wolverhampton, WV8 with 22 addresses.
It ranks as the 439th largest and 255th 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 22 properties: 22 houses.
- Ave. Sale Price
- £280,645
- 10 Year change
- up 63.1%
- Ave. Rental Price
- £1,394pcm
- 10 Year change
- up 65.1%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
WV8 1BW is a residential postcode situated on Ravenhill Drive, Codsall, Wolverhampton, WV8 with 22 addresses.
It ranks as the 439th largest and 255th 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 22 properties: 22 houses.
- Ave. Sale Price
- £280,645
- 10 Year change
- up 63.1%
- Ave. Rental Price
- £1,394pcm
- 10 Year change
- up 65.1%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin WV8 1BW
- 55 Ravenhill Drive
3 Bed Mid-century House
- 57 Ravenhill Drive
House
- 59 Ravenhill Drive
3 Bed Mid-century House
- 61 Ravenhill Drive
House
- 63 Ravenhill Drive
House
Sales Market Trends
The last sale in WV8 1BW sold for £225,000 on 9th August 2023. Since then prices are up an average of 8.8%.
The current average value in the postcode is £280,645.
The WV8 1BW Sales Market has increased by 63.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £280,645 |
| June 2025 | 3.5% | £272,943 |
| June 2024 | 2.2% | £263,634 |
| June 2023 | 1.7% | £258,014 |
| June 2022 | 9.1% | £253,597 |
| June 2021 | 10.1% | £232,469 |
| June 2020 | 5% | £211,185 |
| June 2019 | 0.4% | £201,180 |
| June 2018 | 6.5% | £200,440 |
| June 2017 | 9.3% | £188,122 |
| June 2016 | 0.7% | £172,043 |
| June 2015 | 3.7% | £170,789 |
| June 2014 | 4.7% | £164,720 |
| June 2013 | 1.8% | £157,342 |
| June 2012 | -0.5% | £154,564 |
| June 2011 | -0.8% | £155,290 |
| June 2010 | 6.1% | £156,519 |
| June 2009 | -10.8% | £147,453 |
| June 2008 | -1.5% | £165,335 |
| June 2007 | 0% | £167,831 |
Rental Market Trends
The current average rental value in the postcode is £1,394.
The WV8 1BW Rental Market has increased by 65.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6% | £1,394pcm |
| June 2025 | 9.4% | £1,315pcm |
| June 2024 | 6.7% | £1,202pcm |
| June 2023 | 6.5% | £1,126pcm |
| June 2022 | 9% | £1,058pcm |
| June 2021 | 8.7% | £970pcm |
| June 2020 | 1.1% | £893pcm |
| June 2019 | 2.7% | £883pcm |
| June 2018 | 0.5% | £860pcm |
| June 2017 | 1.4% | £856pcm |
| June 2016 | 1.6% | £844pcm |
| June 2015 | 1.8% | £831pcm |
| June 2014 | 2.1% | £816pcm |
| June 2013 | 0.6% | £800pcm |
| June 2012 | 0.1% | £795pcm |
| June 2011 | 0.2% | £795pcm |
| June 2010 | 3.6% | £794pcm |
| June 2009 | -3.5% | £766pcm |
| June 2008 | 3% | £794pcm |
| June 2007 | 0% | £771pcm |
Sales History
The last sale was on 9th August 2023 for £225,000 and since then the market in the area has increased by 8.8%. The postcode has had a total of 19 sales since 1995.
WV8 1BW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£225,000 | 3 Bed House87, Ravenhill Drive, Wolverhampton, WV8 1BW87, Ravenhill Drive, Wolverhampton, WV8 1BW
- Sold Sep 2022£277,000 | 3 Bed House71, Ravenhill Drive, Wolverhampton, WV8 1BW71, Ravenhill Drive, Wolverhampton, WV8 1BW
- Sold Nov 2021£240,000 | 3 Bed House85, Ravenhill Drive, Wolverhampton, WV8 1BW85, Ravenhill Drive, Wolverhampton, WV8 1BW
- Sold Apr 2021£240,000 | 3 Bed House89, Ravenhill Drive, Wolverhampton, WV8 1BW89, Ravenhill Drive, Wolverhampton, WV8 1BW
- Sold Oct 2019£235,000 | 3 Bed House71, Ravenhill Drive, Wolverhampton, WV8 1BW71, Ravenhill Drive, Wolverhampton, WV8 1BW
Nearby Postcodes
WV8 1BW is the 439th largest and the 255th most expensive postcode out of the 607 postcodes in the WV8 area.
- WV8 1PH, Elliotts Lane, Codsall, Wolverhampton, WV8WV8 1PH2 Addresses|75 m away
- WV8 1BN, Sherborne Gardens, Codsall, Wolverhampton, WV8WV8 1BN28 Addresses|83 m away
- WV8 1PL, Wolverhampton Road, Codsall, Wolverhampton, WV8WV8 1PL17 Addresses|88 m away
- WV8 1BL, Ravenhill Drive, Codsall, Wolverhampton, WV8WV8 1BL39 Addresses|107 m away
- WV8 1PG, Elliotts Lane, Codsall, Wolverhampton, WV8WV8 1PG48 Addresses|111 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 13 other addresses of unknown type
- mid-century house (9)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (6)
- No EPC (13)
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 Christopher's Catholic Primary Academy500 m away
- St Nicholas Church of England First School500 m away
- Lane Green First School800 m away
- Codsall Community High School400 m away
- Aldersley High School2.3 km away
- St Regis Church of England Academy3.4 km away
More reading links
Public Transport Nearby
The closest station to WV8 1BW is Codsall station, which is 600 metres away.
- Codsall|600 m away
- Bilbrook|700 m away
- Albrighton|5.2 km away
- Wolverhampton|6.7 km away
