WV8 1TU is a residential postcode situated on Ploughmans Walk, Wolverhampton, WV8 with 14 addresses.
It ranks as the 343rd largest and 61st most expensive of the 607 postcodes in the WV8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
WV8 1TU is a residential postcode situated on Ploughmans Walk, Wolverhampton, WV8 with 14 addresses.
It ranks as the 343rd largest and 61st most expensive of the 607 postcodes in the WV8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
Sale prices range from £147,675 for 3 bedroom freehold houses with a garden (914 ft2) to £274,551 for 3 bedroom freehold houses with a garden (947 ft2) .
Monthly rental prices range from £788 pcm for 3 bed houses to £1,325 pcm for 3 bed houses.
The gross rental yield is between 5.8% and 6.4%.
The average value per square foot is £159.
The last sale in WV8 1TU sold for £110,000 on 28th November 2019. Since then prices are up an average of 41.6%.
The current average value in the postcode is £171,038.
The WV8 1TU Sales Market has increased by 71.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £171,038 |
| April 2025 | 3.9% | £164,211 |
| April 2024 | 0.2% | £158,072 |
| April 2023 | 5.4% | £157,833 |
| April 2022 | 12.7% | £149,735 |
| April 2021 | 8.7% | £132,896 |
| April 2020 | 5.3% | £122,205 |
| April 2019 | 2.9% | £116,000 |
| April 2018 | 5.8% | £112,740 |
| April 2017 | 6.6% | £106,531 |
| April 2016 | 2.7% | £99,952 |
| April 2015 | 4.3% | £97,353 |
| April 2014 | 3.3% | £93,380 |
| April 2013 | 2.8% | £90,404 |
| April 2012 | -0.6% | £87,903 |
| April 2011 | -1.5% | £88,424 |
| April 2010 | 0.7% | £89,802 |
| April 2009 | -9.9% | £89,203 |
| April 2008 | 0.8% | £99,047 |
| April 2007 | 0% | £98,243 |
The current average rental value in the postcode is £877.
The WV8 1TU Rental Market has increased by 86.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.9% | £877pcm |
| April 2025 | 8.5% | £828pcm |
| April 2024 | 10.7% | £763pcm |
| April 2023 | 10.6% | £689pcm |
| April 2022 | 9.6% | £623pcm |
| April 2021 | 9.7% | £569pcm |
| April 2020 | 3.3% | £519pcm |
| April 2019 | 1.9% | £502pcm |
| April 2018 | 2% | £493pcm |
| April 2017 | 2.9% | £483pcm |
| April 2016 | 2.1% | £470pcm |
| April 2015 | 3.4% | £460pcm |
| April 2014 | 3% | £445pcm |
| April 2013 | 1.5% | £432pcm |
| April 2012 | -0.3% | £425pcm |
| April 2011 | 0.8% | £427pcm |
| April 2010 | 0.5% | £423pcm |
| April 2009 | -4.3% | £421pcm |
| April 2008 | 3.3% | £440pcm |
| April 2007 | 0% | £426pcm |
The last sale was on 28th November 2019 for £110,000 and since then the market in the area has increased by 41.6%. The postcode has had a total of 10 sales since 1995.
WV8 1TU has seen no sales in the last three years and no sales in the last twelve months.
WV8 1TU is the 343rd largest and the 61st most expensive postcode out of the 607 postcodes in the WV8 area.
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The closest station to WV8 1TU is Bilbrook station which is 2.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around WV8 1TU, 49.2% of property is socially rented and 21.7% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around WV8 1TU, 27.9% of residents are recorded as possessing school level qualifications and 16.2% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around WV8 1TU, the average age was 39.1 and the most common age was 62.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around WV8 1TU, 0.6% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around WV8 1TU, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.