Pendeford Mill Lane - WV8 1JG
Key Postcode Insights
WV8 1JG is a residential postcode situated on Pendeford Mill Lane, Codsall, Wolverhampton, WV8 with 34 addresses.
It ranks as the 520th largest and 230th most expensive of the 608 postcodes in the WV8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 34 properties: 19 houses and 15 other properties.
- Ave. Sale Price
- £271,225
- 10 Year change
- up 56.6%
- Ave. Rental Price
- £1,383pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
WV8 1JG is a residential postcode situated on Pendeford Mill Lane, Codsall, Wolverhampton, WV8 with 34 addresses.
It ranks as the 520th largest and 230th most expensive of the 608 postcodes in the WV8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 34 properties: 19 houses and 15 other properties.
- Ave. Sale Price
- £271,225
- 10 Year change
- up 56.6%
- Ave. Rental Price
- £1,383pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties in WV8 1JG
- 20 Pendeford Mill Lane
3 Bed Early-century House
- 22 Pendeford Mill Lane
3 Bed Early-century House
Sales Market Trends
The last sale in WV8 1JG sold for £240,000 on 17th April 2025. Since then prices are up an average of 3.5%.
The current average value in the postcode is £271,225.
The WV8 1JG Sales Market has increased by 56.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £271,225 |
| June 2025 | 2.9% | £267,162 |
| June 2024 | 1.8% | £259,713 |
| June 2023 | 1.6% | £255,081 |
| June 2022 | 8.5% | £251,152 |
| June 2021 | 9.6% | £231,539 |
| June 2020 | 4.6% | £211,176 |
| June 2019 | 0.4% | £201,849 |
| June 2018 | 6.3% | £201,056 |
| June 2017 | 9.3% | £189,220 |
| June 2016 | 0.8% | £173,149 |
| June 2015 | 4.1% | £171,834 |
| June 2014 | 3.8% | £165,071 |
| June 2013 | 1.7% | £158,995 |
| June 2012 | -0.4% | £156,281 |
| June 2011 | 0% | £156,986 |
| June 2010 | 7% | £156,930 |
| June 2009 | -9.5% | £146,714 |
| June 2008 | -1.4% | £162,183 |
| June 2007 | 0% | £164,511 |
Rental Market Trends
The current average rental value in the postcode is £1,383.
The WV8 1JG Rental Market has increased by 59.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,383pcm |
| June 2025 | 8.4% | £1,323pcm |
| June 2024 | 6.8% | £1,221pcm |
| June 2023 | 6.7% | £1,143pcm |
| June 2022 | 8% | £1,072pcm |
| June 2021 | 8.4% | £992pcm |
| June 2020 | 0.9% | £915pcm |
| June 2019 | 2.3% | £907pcm |
| June 2018 | 0.5% | £887pcm |
| June 2017 | 1.8% | £882pcm |
| June 2016 | 1.5% | £867pcm |
| June 2015 | 2.3% | £854pcm |
| June 2014 | 1.5% | £835pcm |
| June 2013 | 0.4% | £823pcm |
| June 2012 | 0.2% | £819pcm |
| June 2011 | 1.1% | £818pcm |
| June 2010 | 4.6% | £809pcm |
| June 2009 | -2.5% | £773pcm |
| June 2008 | 2.9% | £793pcm |
| June 2007 | 0% | £771pcm |
Sales History
The last recorded sale was on 17th April 2025 for £240,000 and since then the market in the area has increased by 3.5%.
WV8 1JG has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Apr 2025£240,000 | 3 Bed House38, Pendeford Mill Lane, Wolverhampton, WV8 1JG38, Pendeford Mill Lane, Wolverhampton, WV8 1JG
- Sold Apr 2025£189,000 | 3 Bed House49, Pendeford Mill Lane, Wolverhampton, WV8 1JG49, Pendeford Mill Lane, Wolverhampton, WV8 1JG
- Sold Jul 2024£280,000 | 3 Bed House47, Pendeford Mill Lane, Wolverhampton, WV8 1JG47, Pendeford Mill Lane, Wolverhampton, WV8 1JG
Nearby Postcodes
WV8 1JG is the 520th largest and the 230th most expensive postcode out of the 608 postcodes in the WV8 area.
- WV8 1JH, Mill Grove, Codsall, Wolverhampton, WV8WV8 1JH20 Addresses|78 m away
- WV8 1JQ, Alexander Road, Codsall, Wolverhampton, WV8WV8 1JQ42 Addresses|107 m away
- WV8 1JN, Homefield Road, Codsall, Wolverhampton, WV8WV8 1JN40 Addresses|111 m away
- WV8 1JJ, Joeys Lane, Codsall, Wolverhampton, WV8WV8 1JJ8 Addresses|137 m away
- WV8 1JL, Joeys Lane, Codsall, Wolverhampton, WV8WV8 1JL52 Addresses|142 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 13 early-century houses built between 1912 and 1935
- 15 other addresses of unknown type
- mid-century house (5)
- house (1)
- early-century house (13)
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (5)
- G (0)
- D (11)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Apr 2024£305,000 | 4 Bed House44, Pendeford Mill Lane, Wolverhampton, WV8 1JG44, Pendeford Mill Lane, Wolverhampton, WV8 1JG
- Sold Jul 2024£280,000 | 3 Bed House47, Pendeford Mill Lane, Wolverhampton, WV8 1JG47, Pendeford Mill Lane, Wolverhampton, WV8 1JG
- Sold Sep 2021£265,000 | 3 Bed House50, Pendeford Mill Lane, Wolverhampton, WV8 1JG50, Pendeford Mill Lane, Wolverhampton, WV8 1JG
Schools Nearby
- Lane Green First School300 m away
- St Christopher's Catholic Primary Academy800 m away
- Birches First School900 m away
- Codsall Community High School800 m away
- Aldersley High School1.4 km away
- Ormiston NEW Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to WV8 1JG is Bilbrook station, which is 700 metres away.
- Bilbrook|700 m away
- Codsall|1.7 km away
- Wolverhampton|5.8 km away
- Albrighton|6.3 km away