WV8 1HB is a residential postcode situated on Bakers Way, Codsall, Wolverhampton, WV8 with 5 addresses.
It ranks as the 111th largest and 334th most expensive of the 607 postcodes in the WV8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 5 properties: 5 flats.
WV8 1HB is a residential postcode situated on Bakers Way, Codsall, Wolverhampton, WV8 with 5 addresses.
It ranks as the 111th largest and 334th most expensive of the 607 postcodes in the WV8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 5 properties: 5 flats.
Sale prices range from £289,886 for 2 bedroom Leasehold flats (592 ft2) to £333,849 for 2 bedroom Leasehold flats (731 ft2) .
Monthly rental prices range from £1,257 pcm for 2 bed flats to £1,296 pcm for 2 bed flats.
The gross rental yield is between 4.7% and 5.2%.
The average value per square foot is £458.
The last sale in WV8 1HB sold for £375,000 on 1st October 2015. Since then prices are up an average of 26.3%.
The current average value in the postcode is £319,066.
The WV8 1HB Sales Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £319,066 |
| April 2025 | 3% | £314,624 |
| April 2024 | 2.1% | £305,497 |
| April 2023 | 0.2% | £299,089 |
| April 2022 | 6.2% | £298,392 |
| April 2021 | 6.2% | £280,920 |
| April 2020 | 5.4% | £264,552 |
| April 2019 | -0.9% | £251,004 |
| April 2018 | 4% | £253,214 |
| April 2017 | 5.6% | £243,447 |
| April 2016 | 0% | £230,603 |
| April 2015 | 6% | £230,707 |
| April 2014 | 0.2% | £217,624 |
| April 2013 | 0% | £217,187 |
| April 2012 | 0.3% | £217,194 |
| April 2011 | -0.4% | £216,568 |
| April 2010 | 1.2% | £217,535 |
| April 2009 | -12.1% | £214,910 |
| April 2008 | -0.3% | £244,385 |
| April 2007 | 0% | £245,049 |
The current average rental value in the postcode is £1,284.
The WV8 1HB Rental Market has increased by 51.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,284pcm |
| April 2025 | 8% | £1,254pcm |
| April 2024 | 11.1% | £1,161pcm |
| April 2023 | 6.8% | £1,045pcm |
| April 2022 | 6.4% | £979pcm |
| April 2021 | 6.6% | £920pcm |
| April 2020 | 3.1% | £863pcm |
| April 2019 | -0.6% | £838pcm |
| April 2018 | -0.5% | £843pcm |
| April 2017 | -0.1% | £847pcm |
| April 2016 | 0.5% | £848pcm |
| April 2015 | 3.5% | £843pcm |
| April 2014 | 0.2% | £815pcm |
| April 2013 | -0.1% | £813pcm |
| April 2012 | -1.2% | £814pcm |
| April 2011 | 0.9% | £824pcm |
| April 2010 | -0.2% | £817pcm |
| April 2009 | -4.4% | £818pcm |
| April 2008 | 1.8% | £856pcm |
| April 2007 | 0% | £841pcm |
The last sale was on 1st October 2015 for £375,000 and since then the market in the area has increased by 26.3%. The postcode has had a total of 3 sales since 1995.
WV8 1HB has seen no sales in the last three years and no sales in the last twelve months.
WV8 1HB is the 111th largest and the 334th most expensive postcode out of the 607 postcodes in the WV8 area.
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The closest station to WV8 1HB is Codsall station which is 500 metres away.
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