WV8 1EZ is a residential postcode situated on Bilbrook Road, Codsall, Wolverhampton, WV8 with 7 addresses.
It ranks as the 152nd largest and 86th most expensive of the 607 postcodes in the WV8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
WV8 1EZ is a residential postcode situated on Bilbrook Road, Codsall, Wolverhampton, WV8 with 7 addresses.
It ranks as the 152nd largest and 86th most expensive of the 607 postcodes in the WV8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
Sale prices range from £76,030 for 2 bedroom leasehold flats with a garden (538 ft2) to £297,102 for 3 bedroom freehold houses with a garden (1,108 ft2) .
Monthly rental prices range from £522 pcm for 2 bed flats to £1,429 pcm for 3 bed houses.
The gross rental yield is between 5.8% and 8.2%.
The average value per square foot is £262.
The last sale in WV8 1EZ sold for £236,000 on 7th November 2017. Since then prices are up an average of 44.4%.
The current average value in the postcode is £188,603.
The WV8 1EZ Sales Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £188,603 |
| April 2025 | 3.4% | £182,139 |
| April 2024 | 1.7% | £176,108 |
| April 2023 | 2.6% | £173,136 |
| April 2022 | 8.4% | £168,810 |
| April 2021 | 7.8% | £155,708 |
| April 2020 | 5.5% | £144,460 |
| April 2019 | 0.6% | £136,937 |
| April 2018 | 5.1% | £136,120 |
| April 2017 | 7.3% | £129,455 |
| April 2016 | 0.7% | £120,671 |
| April 2015 | 6% | £119,883 |
| April 2014 | 1.3% | £113,133 |
| April 2013 | 1.2% | £111,735 |
| April 2012 | 0.6% | £110,429 |
| April 2011 | -0.5% | £109,787 |
| April 2010 | 1.4% | £110,391 |
| April 2009 | -11.9% | £108,842 |
| April 2008 | 0.8% | £123,570 |
| April 2007 | 0% | £122,558 |
The current average rental value in the postcode is £981.
The WV8 1EZ Rental Market has increased by 71.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £981pcm |
| April 2025 | 8.4% | £938pcm |
| April 2024 | 10.7% | £865pcm |
| April 2023 | 9.1% | £781pcm |
| April 2022 | 8.4% | £716pcm |
| April 2021 | 8.2% | £660pcm |
| April 2020 | 3.2% | £610pcm |
| April 2019 | 0.7% | £591pcm |
| April 2018 | 0.7% | £587pcm |
| April 2017 | 1.7% | £583pcm |
| April 2016 | 1.2% | £573pcm |
| April 2015 | 3.6% | £567pcm |
| April 2014 | 1.3% | £547pcm |
| April 2013 | 0.9% | £540pcm |
| April 2012 | -0.8% | £535pcm |
| April 2011 | 0.8% | £539pcm |
| April 2010 | 0.1% | £535pcm |
| April 2009 | -4.4% | £534pcm |
| April 2008 | 2.9% | £559pcm |
| April 2007 | 0% | £543pcm |
The last sale was on 7th November 2017 for £236,000 and since then the market in the area has increased by 44.4%. The postcode has had a total of 5 sales since 1995.
WV8 1EZ has seen no sales in the last three years and no sales in the last twelve months.
WV8 1EZ is the 152nd largest and the 86th most expensive postcode out of the 607 postcodes in the WV8 area.
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The closest station to WV8 1EZ is Bilbrook station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around WV8 1EZ, 29.2% of property is socially rented and 24.8% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around WV8 1EZ, 15.2% of residents are recorded as possessing school level qualifications and 22.3% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around WV8 1EZ, the average age was 44.5 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around WV8 1EZ, 1.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around WV8 1EZ, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.