WV Postcode Area - WV1, WV2, WV3, WV4, WV5, WV6, WV7, WV8, WV9 Property Market 2017

11. March 2018 18:14 / VInsights Team / / Comments (0)

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This Post covers 

 
Postcode                 Coverage Area          Local Authority Area
WV1 Wolverhampton City Centre, Horseley Fields, East Park Wolverhampton
WV2 All Saints, Blakenhall, Parkfields Wolverhampton
WV3 Finchfield, Compton, Castlecroft Wolverhampton
WV4  Penn, Warstones, Merry Hill, parts of Goldthorn Park and Parkfields Wolverhampton
WV5 Wombourne South Staffordshire
WV6 Whitmore Reans, Perton, Pattingham, Tettenhall Wolverhampton,
South Staffordshire
WV7 Albrighton Shropshire
WV8 Codsall, Pendeford, Rakegate, Bilbrook South Staffordshire, Wolverhampton
WV9 Pendeford, Coven Wolverhampton, South Staffordshire


  • M represents Million Pounds
  • Total value includes Property Type Other apart from Detached, Semi-Detached, Terraced, Flat/Masionette

 

Postcode Detached Semi-Detached Terraced Flat
WV1 £185K £111K £108K £75K
WV2 £197K £123K £103K £60K
WV3 £296K £175K £131K £93K
WV4 £266K £164K £142K £112K
WV5 £367K £200K £200K £129K
WV6 £337K £178K £125K £109K
WV7 £416K £210K £178K £89K
WV8 £327K £188K £177K £101K
WV9 £238K £155K £135K £81K

 

Postcode Detached Semi-Detached Terraced Flat
WV1 £137K £112K £105K £72K
WV2 £204K £125K £95K £64K
WV3 £295K £167K £125K £87K
WV4 £232K £163K £133K £82K
WV5 £320K £190K £197K £101K
WV6 £275K £155K £115K £88K
WV7 £290K £214K £156K £88K
WV8 £308K £180K £159K £77K
WV9 £235K £147K £127K £70K

 

Postcode Detached SemiDetached Terraced Flat
WV1 £83K £20K £39K £23K
WV2 £42K £29K £33K £15K
WV3 £114K £60K £49K £28K
WV4 £162K £48K £51K £67K
WV5 £189K £65K £52K £46K
WV6 £216K £73K £47K £65K
WV7 £276K £44K £76K £1K
WV8 £102K £51K £63K £56K
WV9 £68K £38K £51K £35K
For example
  • Say the average detached property price for postcode XYZ is £300 K and ST. DEV. is £30 K.
  • It means that most detached properties in postcode XYZ (about 68%) has price within one ST. Dev. i.e. the price range is  £270K - £330K.
  • All-most all detached property price (95%) in postcode XYZ lie between two ST. Dev.  i.e. £240 K - £360 K

 

Postcode Detached Semi-Detached Terraced Flat
WV1 6 41 47 26
WV2 30 71 94 7
WV3 110 115 110 33
WV4 108 191 75 55
WV5 97 75 33 12
WV6 229 221 118 60
WV7 20 25 18 4
WV8 70 70 36 14
WV9 34 34 10 11

 

The Table below gives in percentage, the total number of properties purchased as Buy-To-Let:
Postcode Detached Semi-Detached Terraced Flat
WV1 0% 15% 17% 23%
WV2 0% 8% 14% 14%
WV3 4% 3% 10% 15%
WV4 7% 5% 5% 7%
WV5 3% 1% 6% 17%
WV6 2% 8% 10% 10%
WV7 10% 0% 0% 0%
WV8 4% 4% 6% 7%
WV9 0% 6% 0% 0%
*Buy-to-let consists of Buy-to-lets (where they can be identified by a Mortgage) ,transfers to non-private individuals,  transfers under a power of sale/repossessions



 

All WV Postcodes Yearly & Trend Analysis Posts

Reference

WV Postcode Area As Per Wikipedia

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