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Property Price Trends
Nevis Ct, Wolverhampton, West Midlands
WV3 9JP City of Wolverhampton District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the WV3 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
WV3
Most Expensive Property
£580,000
87 York Avenue, WV3 9BS
Sold: 08 March 2024
Cheapest Property
£65,000
1 Bromford Rise, WV3 0ES
Sold: 15 September 2023
£209,000
The average house price in Wolverhampton was £209,000 in November 2024 (provisional), up slightly 1.5% from November 2023. This was lower than the rise in the West Midlands (3.7%) over the same period.
£824
Private rents rose to an average of £824 in December 2024, an annual increase of 10.7% from £744 in December 2023. This was higher than the rise in the West Midlands (8.7%) over the year.
£185,000
The average price paid by first-time buyers was £185,000 in November 2024 (provisional). This was 1.9% higher than the average of £182,000 in November 2023 (revised).
£214,000
For homes bought with a mortgage, the average house price was £214,000 in November 2024 (provisional). This was 1.4% higher than the average of £211,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Wolverhampton, E08000031). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in WV3 9JP?
The graph below shows the five-year capital growth figures for properties for the WV3 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in WV3 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in West Midlands?
For Homebuyers:
According to the latest data, the property market in West Midlands is showing a steady increase in house prices, with a rise of 2.5% in the past year. The average price for a property in Birmingham, specifically in the B16 postcode area, is currently around £250,000. However, areas such as Solihull (B91) are seeing a higher average price of £350,000. The availability of properties in West Midlands is relatively low, with a limited stock on the market, especially in popular areas like Coventry (CV1). Overall, West Midlands is a desirable location for homebuyers due to its convenient transport links, good schools, and vibrant city life.
For Renters:
Rent prices in West Midlands have been steadily increasing, with a 3% rise in the past year. The average rent for a one-bedroom flat in Wolverhampton (WV1) is currently around £600 per month, while a three-bedroom house in Dudley (DY1) can cost around £900 per month. The rental market in West Midlands is competitive, especially in popular areas like Walsall (WS1), where there is high demand but limited availability. Renters should act quickly when finding a property in this region, as properties are often taken off the market swiftly.
For Investors:
West Midlands presents a promising opportunity for investors, with strong potential for capital growth and rental yields. The demand for rental properties in areas like Sandwell (B66) is high, making it a profitable investment option. The average rental yield in West Midlands is around 4.5%, making it an attractive option for investors looking for a stable income stream. Additionally, the ongoing development projects in Coventry (CV6) and Walsall (WS2) are expected to drive further growth in property prices, making it a lucrative market for investors seeking long-term returns.
For Homebuyers:
According to the latest data, the property market in West Midlands is showing a steady increase in house prices, with a rise of 2.5% in the past year. The average price for a property in Birmingham, specifically in the B16 postcode area, is currently around £250,000. However, areas such as Solihull (B91) are seeing a higher average price of £350,000. The availability of properties in West Midlands is relatively low, with a limited stock on the market, especially in popular areas like Coventry (CV1). Overall, West Midlands is a desirable location for homebuyers due to its convenient transport links, good schools, and vibrant city life.
For Renters:
Rent prices in West Midlands have been steadily increasing, with a 3% rise in the past year. The average rent for a one-bedroom flat in Wolverhampton (WV1) is currently around £600 per month, while a three-bedroom house in Dudley (DY1) can cost around £900 per month. The rental market in West Midlands is competitive, especially in popular areas like Walsall (WS1), where there is high demand but limited availability. Renters should act quickly when finding a property in this region, as properties are often taken off the market swiftly.
For Investors:
West Midlands presents a promising opportunity for investors, with strong potential for capital growth and rental yields. The demand for rental properties in areas like Sandwell (B66) is high, making it a profitable investment option. The average rental yield in West Midlands is around 4.5%, making it an attractive option for investors looking for a stable income stream. Additionally, the ongoing development projects in Coventry (CV6) and Walsall (WS2) are expected to drive further growth in property prices, making it a lucrative market for investors seeking long-term returns.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for WV3 9JP
Estimated yield for property investors
1.98%
Yield
The estimated yield for the WV3 9JP postcode area is 1.98%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in WV3 9JP?
The recently sold properties table lists homes around WV3 9JP that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 12 December 2023 | £100,000 | 52 White Oak Drive, Wolverhampton, WV3 9AW | Flat/Maisonette | Leasehold |
| 14 December 2023 | £572,000 | 119 Broad Lane, Wolverhampton, WV3 9BP | Detached | Freehold |
| 08 March 2024 | £580,000 | 87 York Avenue, Finchfield, Wolverhampton, WV3 9BS | Detached | Freehold |
| 19 February 2024 | £100,000 | 3 Weller Court, Wolverhampton, WV3 9EF | Flat/Maisonette | Leasehold |
| 01 March 2024 | £250,000 | 4 The Dingle, Finchfield, Wolverhampton, WV3 9ET | Semi-Detached | Freehold |
| 04 March 2024 | £275,000 | 5 The Spinney, Wolverhampton, WV3 9HE | Detached | Freehold |
| 19 July 2023 | £406,000 | 34 Richmond Road, Wolverhampton, WV3 9JD | Detached | Freehold |
| 20 December 2023 | £165,000 | 9 Finchfield Road, Wolverhampton, WV3 9LS | Flat/Maisonette | Leasehold |
| 07 March 2024 | £179,000 | 44 Flat 1 Compton Road, Wolverhampton, WV3 9PH | Terraced | Freehold |
| 11 June 2021 | £120,000 | 1 Oaks Drive, Wolverhampton, WV3 9RU | Detached | Freehold |
Nearby sold properties | ||||
| 02 February 2024 | £325,000 | 16 Copthorne Road, Penn Fields, Wolverhampton, WV3 0AB | Detached | Freehold |
| 09 February 2024 | £105,000 | Belvedere Residence 40 Chapel Ash, Wolverhampton, WV3 0BF | Flat/Maisonette | Leasehold |
| 26 March 2020 | £187,500 | 23 Elias Mattu Avenue, Wolverhampton, WV3 0BZ | Semi-Detached | Freehold |
| 15 September 2023 | £65,000 | 1 Bromford Rise, Wolverhampton, WV3 0ES | Flat/Maisonette | Leasehold |
| 21 February 2024 | £180,000 | 20 Dalton Street, Wolverhampton, WV3 0HF | Terraced | Freehold |
| 20 November 2023 | £70,000 | 65 Market Square, Wolverhampton, WV3 0NL | Flat/Maisonette | Leasehold |
| 26 February 2024 | £120,000 | 53 Lennox Gardens, Wolverhampton, WV3 0RR | Terraced | Leasehold |
| 05 February 2021 | £214,950 | 122 Church Road, Bradmore, Wolverhampton, WV3 7EN | Semi-Detached | Freehold |
| 20 January 2021 | £344,950 | 124 Church Road, Bradmore, Wolverhampton, WV3 7EN | Detached | Freehold |
| 13 November 2023 | £215,000 | 27 Oxbarn Avenue, Wolverhampton, WV3 7HD | Semi-Detached | Freehold |
| 24 November 2023 | £197,000 | 19 Rowan Crescent, Wolverhampton, WV3 7HN | Detached | Freehold |
| 19 February 2024 | £175,000 | 32 Brandon Park, Wolverhampton, WV3 7JS | Detached | Freehold |
| 28 February 2024 | £225,000 | 20 Trysull Gardens, Wolverhampton, WV3 7LD | Semi-Detached | Freehold |
| 08 March 2024 | £185,000 | 48 Telford Gardens, Wolverhampton, WV3 7LE | Terraced | Freehold |
| 24 August 2023 | £210,000 | 72 Langley Road, Wolverhampton, WV3 7LH | Semi-Detached | Freehold |
| 19 December 2018 | £140,000 | 1 Coalway Road, Penn, Wolverhampton, WV3 7LR | Other | Freehold |
| 06 December 2023 | £350,000 | 192 Coalway Road, Penn, Wolverhampton, WV3 7NH | Semi-Detached | Freehold |
| 04 June 2021 | £130,000 | 1 Fistral Gardens, Wolverhampton, WV3 7NY | Semi-Detached | Leasehold |
| 27 February 2024 | £485,000 | 26 Castlecroft Lane, Wolverhampton, WV3 8JU | Other | Freehold |
Please note that house prices for properties sold in and around WV3 9JP during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
