Wilkes Road - WV8 1RZ
Key Postcode Insights
WV8 1RZ is a residential postcode situated on Wilkes Road, Codsall, Wolverhampton, WV8 with 35 addresses.
It ranks as the 527th largest and 53rd most expensive of the 607 postcodes in the WV8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 35 properties: 17 houses and 18 flats.
- Ave. Sale Price
- £166,441
- 10 Year change
- up 50.3%
- Ave. Rental Price
- £921pcm
- 10 Year change
- up 52.1%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
WV8 1RZ is a residential postcode situated on Wilkes Road, Codsall, Wolverhampton, WV8 with 35 addresses.
It ranks as the 527th largest and 53rd most expensive of the 607 postcodes in the WV8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 35 properties: 17 houses and 18 flats.
- Ave. Sale Price
- £166,441
- 10 Year change
- up 50.3%
- Ave. Rental Price
- £921pcm
- 10 Year change
- up 52.1%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin WV8 1RZ
- 1 Wilkes Road
3 Bed Mid-century House
- 3 Wilkes Road
3 Bed House
- 5 Wilkes Road
House
- 7 Wilkes Road
House
- 9 Wilkes Road
3 Bed Mid-century House
Sales Market Trends
The last sale in WV8 1RZ sold for £185,000 on 11th September 2024. Since then prices are up an average of 2.2%.
The current average value in the postcode is £166,441.
The WV8 1RZ Sales Market has increased by 50.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £166,441 |
| June 2025 | 2.7% | £164,300 |
| June 2024 | 2.8% | £159,944 |
| June 2023 | 0.5% | £155,559 |
| June 2022 | 7.8% | £154,715 |
| June 2021 | 8.8% | £143,501 |
| June 2020 | 4.9% | £131,941 |
| June 2019 | -0.6% | £125,809 |
| June 2018 | 5.7% | £126,523 |
| June 2017 | 8.1% | £119,710 |
| June 2016 | 0.1% | £110,726 |
| June 2015 | 3.5% | £110,647 |
| June 2014 | 3.8% | £106,912 |
| June 2013 | 1.3% | £102,968 |
| June 2012 | -1.2% | £101,675 |
| June 2011 | -1.1% | £102,863 |
| June 2010 | 5.8% | £104,000 |
| June 2009 | -11.6% | £98,284 |
| June 2008 | -2.1% | £111,205 |
| June 2007 | 0% | £113,585 |
Rental Market Trends
The current average rental value in the postcode is £921.
The WV8 1RZ Rental Market has increased by 52.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £921pcm |
| June 2025 | 8.5% | £882pcm |
| June 2024 | 7.4% | £813pcm |
| June 2023 | 5.2% | £757pcm |
| June 2022 | 7.7% | £719pcm |
| June 2021 | 7.4% | £668pcm |
| June 2020 | 1% | £621pcm |
| June 2019 | 1.7% | £616pcm |
| June 2018 | -0.3% | £605pcm |
| June 2017 | 0.3% | £607pcm |
| June 2016 | 0.9% | £606pcm |
| June 2015 | 1.6% | £600pcm |
| June 2014 | 1.2% | £591pcm |
| June 2013 | 0% | £583pcm |
| June 2012 | -0.6% | £583pcm |
| June 2011 | -0.1% | £587pcm |
| June 2010 | 3.2% | £588pcm |
| June 2009 | -4.4% | £569pcm |
| June 2008 | 2.3% | £595pcm |
| June 2007 | 0% | £582pcm |
Sales History
The last sale was on 11th September 2024 for £185,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 18 sales since 1995.
WV8 1RZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£185,000 | 3 Bed House31, Wilkes Road, Wolverhampton, WV8 1RZ31, Wilkes Road, Wolverhampton, WV8 1RZ
- Sold Sep 2016£131,000 | 3 Bed House1, Wilkes Road, Wolverhampton, WV8 1RZ1, Wilkes Road, Wolverhampton, WV8 1RZ
- Sold Dec 2015£93,000 | 2 Bed Flat37, Wilkes Road, Wolverhampton, WV8 1RZ37, Wilkes Road, Wolverhampton, WV8 1RZ
- Sold Aug 2014£124,000 | 3 Bed House15, Wilkes Road, Wolverhampton, WV8 1RZ15, Wilkes Road, Wolverhampton, WV8 1RZ
- Sold May 2014£123,000 | 3 Bed House9, Wilkes Road, Wolverhampton, WV8 1RZ9, Wilkes Road, Wolverhampton, WV8 1RZ
Nearby Postcodes
WV8 1RZ is the 527th largest and the 53rd most expensive postcode out of the 607 postcodes in the WV8 area.
- WV8 1SA, Warner Road, Codsall, Wolverhampton, WV8WV8 1SA32 Addresses|82 m away
- WV8 1SD, Wilkes Road, Codsall, Wolverhampton, WV8WV8 1SD5 Addresses|87 m away
- WV8 1SL, Loveridge Close, Codsall, Wolverhampton, WV8WV8 1SL9 Addresses|94 m away
- WV8 1RY, Wilkes Road, Codsall, Wolverhampton, WV8WV8 1RY7 Addresses|96 m away
- WV8 1GP, Bramall Close, Codsall, Wolverhampton, WV8WV8 1GP4 Addresses|97 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 14 other addresses of unknown type
- mid-century house (8)
- mid-century flat (12)
- house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (11)
- G (0)
- D (9)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Oct 2025£250,000 | 3 Bed House65, Wilkes Road, Wolverhampton, WV8 1SF65, Wilkes Road, Wolverhampton, WV8 1SF
- Sold Feb 2024£231,500 | 3 Bed House89, Wilkes Road, Wolverhampton, WV8 1SF89, Wilkes Road, Wolverhampton, WV8 1SF
- Sold Oct 2021£210,000 | 3 Bed House65, Wilkes Road, Wolverhampton, WV8 1SF65, Wilkes Road, Wolverhampton, WV8 1SF
Schools Nearby
- St Nicholas Church of England First School400 m away
- St Christopher's Catholic Primary Academy900 m away
- Lane Green First School1.2 km away
- Codsall Community High School800 m away
- Aldersley High School2.7 km away
- St Regis Church of England Academy3.5 km away
More reading links
Public Transport Nearby
The closest station to WV8 1RZ is Codsall station, which is 200 metres away.
- Codsall|200 m away
- Bilbrook|1.0 km away
- Albrighton|4.8 km away
- Wolverhampton|7.0 km away