Cherry Tree Lane - WV8 1NL
Key Postcode Insights
WV8 1NL is a residential postcode situated on Cherry Tree Lane, Codsall, Wolverhampton, WV8 with 18 addresses.
It ranks as the 402nd largest and 177th 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 18 properties: 18 houses.
- Ave. Sale Price
- £246,394
- 10 Year change
- up 65.2%
- Ave. Rental Price
- £1,293pcm
- 10 Year change
- up 67.4%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
WV8 1NL is a residential postcode situated on Cherry Tree Lane, Codsall, Wolverhampton, WV8 with 18 addresses.
It ranks as the 402nd largest and 177th 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 18 properties: 18 houses.
- Ave. Sale Price
- £246,394
- 10 Year change
- up 65.2%
- Ave. Rental Price
- £1,293pcm
- 10 Year change
- up 67.4%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin WV8 1NL
- 1 Cherry Tree Lane
House
- 2 Cherry Tree Lane
House
- 3 Cherry Tree Lane
3 Bed Mid-century House
- 4 Cherry Tree Lane
3 Bed Mid-century House
- 5 Cherry Tree Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in WV8 1NL sold for £225,000 on 12th July 2024. Since then prices are up an average of 6.5%.
The current average value in the postcode is £246,394.
The WV8 1NL Sales Market has increased by 65.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £246,394 |
| June 2025 | 3.7% | £238,752 |
| June 2024 | 2.2% | £230,206 |
| June 2023 | 1.9% | £225,184 |
| June 2022 | 9.5% | £221,045 |
| June 2021 | 10.2% | £201,932 |
| June 2020 | 5.1% | £183,247 |
| June 2019 | 0.5% | £174,359 |
| June 2018 | 6.5% | £173,504 |
| June 2017 | 9.2% | £162,840 |
| June 2016 | 0.9% | £149,120 |
| June 2015 | 3.5% | £147,841 |
| June 2014 | 4.9% | £142,827 |
| June 2013 | 1.8% | £136,164 |
| June 2012 | -0.5% | £133,695 |
| June 2011 | -1.1% | £134,316 |
| June 2010 | 5.8% | £135,764 |
| June 2009 | -11.1% | £128,373 |
| June 2008 | -1.5% | £144,437 |
| June 2007 | 0% | £146,700 |
Rental Market Trends
The current average rental value in the postcode is £1,293.
The WV8 1NL Rental Market has increased by 67.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.3% | £1,293pcm |
| June 2025 | 9.5% | £1,216pcm |
| June 2024 | 6.9% | £1,110pcm |
| June 2023 | 6.7% | £1,039pcm |
| June 2022 | 9.3% | £973pcm |
| June 2021 | 8.9% | £891pcm |
| June 2020 | 1.2% | £818pcm |
| June 2019 | 2.7% | £808pcm |
| June 2018 | 0.5% | £787pcm |
| June 2017 | 1.3% | £783pcm |
| June 2016 | 1.7% | £772pcm |
| June 2015 | 1.6% | £759pcm |
| June 2014 | 2.3% | £747pcm |
| June 2013 | 0.6% | £730pcm |
| June 2012 | 0.1% | £726pcm |
| June 2011 | -0.1% | £725pcm |
| June 2010 | 3.2% | £726pcm |
| June 2009 | -3.9% | £703pcm |
| June 2008 | 2.9% | £732pcm |
| June 2007 | 0% | £711pcm |
Sales History
The last sale was on 12th July 2024 for £225,000 and since then the market in the area has increased by 6.5%. The postcode has had a total of 16 sales since 1995.
WV8 1NL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£225,000 | 3 Bed House3, Cherry Tree Lane, Wolverhampton, WV8 1NL3, Cherry Tree Lane, Wolverhampton, WV8 1NL
- Sold Jun 2024£242,500 | 3 Bed House16, Cherry Tree Lane, Wolverhampton, WV8 1NL16, Cherry Tree Lane, Wolverhampton, WV8 1NL
- Sold Feb 2019£95,000 | 3 Bed House20, Cherry Tree Lane, Wolverhampton, WV8 1NL20, Cherry Tree Lane, Wolverhampton, WV8 1NL
- Sold Jun 2017£150,000 | 3 Bed House9, Cherry Tree Lane, Wolverhampton, WV8 1NL9, Cherry Tree Lane, Wolverhampton, WV8 1NL
- Sold Oct 2016£154,950 | 3 Bed House4, Cherry Tree Lane, Wolverhampton, WV8 1NL4, Cherry Tree Lane, Wolverhampton, WV8 1NL
Nearby Postcodes
WV8 1NL is the 402nd largest and the 177th most expensive postcode out of the 607 postcodes in the WV8 area.
- WV8 1HP, Bilbrook Grove, Codsall, Wolverhampton, WV8WV8 1HP14 Addresses|54 m away
- WV8 1NW, Cherry Tree Lane, Codsall, Wolverhampton, WV8WV8 1NW34 Addresses|64 m away
- WV8 1NJ, Orchard Lane, Codsall, Wolverhampton, WV8WV8 1NJ58 Addresses|83 m away
- WV8 1DF, Holly Close, Codsall, Wolverhampton, WV8WV8 1DF4 Addresses|94 m away
- WV8 1NN, Cherry Tree Gardens, Codsall, Wolverhampton, WV8WV8 1NN14 Addresses|112 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- mid-century house (11)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (7)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Apr 2026£255,000 | 3 Bed House27, Cherry Tree Lane, Wolverhampton, WV8 1NW27, Cherry Tree Lane, Wolverhampton, WV8 1NW
- Sold Jun 2024£242,500 | 3 Bed House16, Cherry Tree Lane, Wolverhampton, WV8 1NL16, Cherry Tree Lane, Wolverhampton, WV8 1NL
- Sold Jul 2024£225,000 | 3 Bed House3, Cherry Tree Lane, Wolverhampton, WV8 1NL3, Cherry Tree Lane, Wolverhampton, WV8 1NL
Schools Nearby
- Lane Green First School300 m away
- St Christopher's Catholic Primary Academy400 m away
- Birches First School900 m away
- Codsall Community High School400 m away
- Aldersley High School1.6 km away
- Ormiston NEW Academy3.1 km away
More reading links
Public Transport Nearby
The closest station to WV8 1NL is Bilbrook station, which is 400 metres away.
- Bilbrook|400 m away
- Codsall|1.3 km away
- Albrighton|6.0 km away
- Wolverhampton|6.0 km away
