WV8 1LU is a residential postcode situated on Lane Green Road, Codsall, Wolverhampton, WV8 with 12 addresses.
It ranks as the 292nd largest and 39th 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 12 properties: 12 flats.
WV8 1LU is a residential postcode situated on Lane Green Road, Codsall, Wolverhampton, WV8 with 12 addresses.
It ranks as the 292nd largest and 39th 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 12 properties: 12 flats.
Sale prices range from £123,334 for 2 bedroom leasehold flats (495 ft2) to £123,334 for 2 bedroom leasehold flats (495 ft2) .
Monthly rental prices range from £711 pcm for 2 bed flats to £711 pcm for 2 bed flats.
The gross rental yield is between 6.9% and 6.9%.
The average value per square foot is £242.
The last sale in WV8 1LU sold for £36,000 on 28th November 1997. Since then prices are down an average of 0.0%.
The current average value in the postcode is £123,334.
The WV8 1LU Sales Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £123,334 |
| April 2025 | 3% | £121,534 |
| April 2024 | 2.1% | £118,048 |
| April 2023 | 0.5% | £115,652 |
| April 2022 | 6.5% | £115,104 |
| April 2021 | 6.1% | £108,124 |
| April 2020 | 5.4% | £101,905 |
| April 2019 | -0.7% | £96,685 |
| April 2018 | 3.9% | £97,394 |
| April 2017 | 5.6% | £93,770 |
| April 2016 | 0.1% | £88,828 |
| April 2015 | 5.8% | £88,752 |
| April 2014 | 0.2% | £83,891 |
| April 2013 | 0.1% | £83,736 |
| April 2012 | 0.3% | £83,675 |
| April 2011 | -0.6% | £83,413 |
| April 2010 | 1.1% | £83,955 |
| April 2009 | -12.1% | £83,022 |
| April 2008 | -0.1% | £94,399 |
| April 2007 | 0% | £94,535 |
The current average rental value in the postcode is £711.
The WV8 1LU Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £711pcm |
| April 2025 | 7.9% | £694pcm |
| April 2024 | 11.1% | £643pcm |
| April 2023 | 6.9% | £578pcm |
| April 2022 | 6.5% | £541pcm |
| April 2021 | 6.5% | £508pcm |
| April 2020 | 3.1% | £477pcm |
| April 2019 | -0.6% | £463pcm |
| April 2018 | -0.6% | £466pcm |
| April 2017 | 0.1% | £468pcm |
| April 2016 | 0.6% | £468pcm |
| April 2015 | 3.4% | £465pcm |
| April 2014 | 0.2% | £450pcm |
| April 2013 | -0.2% | £449pcm |
| April 2012 | -1.1% | £449pcm |
| April 2011 | 0.7% | £454pcm |
| April 2010 | -0.2% | £451pcm |
| April 2009 | -4.6% | £452pcm |
| April 2008 | 1.9% | £473pcm |
| April 2007 | 0% | £465pcm |
The last sale was on 28th November 1997 for £36,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
WV8 1LU has seen no sales in the last three years and no sales in the last twelve months.
WV8 1LU is the 292nd largest and the 39th most expensive postcode out of the 607 postcodes in the WV8 area.
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The closest station to WV8 1LU is Bilbrook station which is 500 metres away.
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