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Codsall market report WV8, Wolverhampton
The standing WV8 (Codsall) property market report, rebuilt from the full public record every month. The raw material for this page is 6,187 HM Land Registry entries for WV8 (Wolverhampton), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in WV8 (Wolverhampton) came in at £272,500, out of 70 registered, up 2% on five years earlier, and the mean stands at £321,600, and by floor area homes here have averaged about £3,200 per square metre over the last five years. The record behind it is 6,187 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
WV8 is the postcode district covering Codsall, Rakegate, Bilbrook in Wolverhampton. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where WV8 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in WV8
Across 70 registered 2026 sales, the typical (median) WV8 home went for £272,500. The mean is £321,600, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
Price per square metre in WV8
Per square metre, WV8 homes have averaged around £3,200 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
The national median for England and Wales is £285,000, which puts WV8 4% below the country at large.
A typical WV8 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £272,500 | £272,500 | 70 |
| 2025 | £305,000 | £312,293 | 189 |
| 2024 | £287,500 | £305,672 | 178 |
| 2023 | £260,000 | £285,677 | 173 |
| 2022 | £302,500 | £354,716 | 241 |
| 2021 | £268,000 | £339,323 | 286 |
| 2020 | £260,000 | £337,355 | 176 |
| 2019 | £249,500 | £327,035 | 253 |
| 2018 | £215,000 | £286,599 | 227 |
| 2017 | £215,000 | £293,238 | 205 |
| 2016 | £186,000 | £260,216 | 188 |
| 2015 | £190,000 | £268,470 | 200 |
| 2014 | £190,000 | £269,548 | 174 |
| 2013 | £175,000 | £251,808 | 151 |
| 2012 | £171,000 | £251,691 | 169 |
| 2011 | £170,000 | £256,635 | 121 |
| 2010 | £166,000 | £260,331 | 126 |
| 2009 | £169,000 | £271,669 | 123 |
| 2008 | £157,500 | £258,176 | 127 |
| 2007 | £182,500 | £309,571 | 198 |
| 2006 | £172,000 | £298,570 | 240 |
| 2005 | £178,000 | £316,768 | 205 |
| 2004 | £170,000 | £308,753 | 260 |
| 2003 | £143,000 | £263,441 | 234 |
| 2002 | £135,000 | £254,001 | 262 |
| 2001 | £98,000 | £188,400 | 255 |
| 2000 | £80,000 | £157,000 | 222 |
| 1999 | £73,500 | £146,482 | 181 |
| 1998 | £71,000 | £143,319 | 210 |
| 1997 | £65,000 | £133,302 | 167 |
| 1996 | £67,000 | £141,300 | 199 |
| 1995 | £65,000 | £141,300 | 177 |
In cash terms the typical WV8 home went from £65,000 in 1995 to £272,500 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 93%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 23% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the WV8 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+37.8% on the year before); the weakest, 2023 (−14.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 36% of the typed total. A detached home currently trades at £455,000 against £150,000 for a flat, 3.0 times the price.
Median by property type, WV8
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £455,000 | 23 | 2,245 |
| Semi-detached | £255,000 | 24 | 2,192 |
| Terraced | £260,000 | 18 | 1,311 |
| Flats | £150,000 | 5 | 437 |
What WV8 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −10.7% | −12.7% |
| 5 years (since 2021) | +0.3% | −4.3% |
| 10 years (since 2016) | +3.9% | +0.5% |
| 20 years (since 2006) | +2.3% | −0.5% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
How many homes change hands in WV8
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 136 sales completed in WV8. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 235 sales a year before the financial crisis and 170 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the WV8 market
This is a thin market: 136 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Among the 16 measurable districts of its area, WV8 ranks 4 by median price: firmly in the dearer tier.
What homes rent for around WV8
For renting purposes WV8 sits in South Staffordshire. The ONS average private rent there is £945 a month (May 2026). Size sets most of the rent: one-beds average £657 a month here against £1,517 for four or more bedrooms.
Average monthly rent by size, South Staffordshire
ONS Price Index of Private Rents, May 2026.
Against the £272,500 median purchase price, a rent of £945 a month (£11,340 a year) works out at a 4.2% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
WV8 (Codsall): the questions that come up
How much did a house sell for in WV8 (Codsall)?
Are property prices falling in WV8 (Codsall)?
Is WV8 (Codsall) a good place to buy a house?
Will WV8 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 20% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
On the market in WV8 today
Everything above is what homes in WV8 sold for. Turning to what is actually available: 17 homes on the market right now, from 7 agents publishing to HomesIndex, at a typical asking price 19% below the WV8 median sold price.
Of everything listed here, 31% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
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"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every WV8 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in WV
Real sold prices by size across the WV area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £265,000 | £365,000 (+38%) | £550,000 (+51%) | £820,000 (+49%) |
| Semi-detached | £191,500 | £215,000 (+12%) | £247,750 (+15%) | £315,000 (+27%) | £395,000 (+25%) |
| Terraced | £170,000 | £180,000 (+6%) | £200,000 (+11%) | £260,000 (+30%) | — |
| Flat | £100,000 | £125,000 (+25%) | £240,750 (+93%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
WV8 ranks 15 of 16 in the WV area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, WV area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside WV8, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| WV8 1 | £258,000 | 51 |
| WV8 2 | £455,000 | 19 |
How WV8 compares nearby
Same city, different markets. The neighbouring districts of the WV area, dearest first:
| District | Median | 5-year |
|---|---|---|
| WV7 | £330,000 | +16% |
| WV5 | £310,000 | +13% |
| WV15 | £275,000 | +10% |
| WV8 (this report) | £272,500 | +2% |
| WV4 | £259,000 | +22% |
| WV6 | £255,000 | +11% |
| WV3 | £250,000 | +16% |
| WV16 | £250,000 | -4% |
| WV9 | £235,000 | +7% |
| WV11 | £233,000 | +23% |
| WV10 | £230,000 | +30% |
| WV12 | £225,000 | +25% |
| WV14 | £205,000 | +17% |
| WV2 | £195,000 | +26% |
| WV13 | £190,000 | +23% |
| WV1 | £175,000 | +40% |
Thinking of selling in WV8? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in WV8, open the average prices map and zoom from the WV8 shading down to the sold homes on your own street. Every recorded WV8 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working WV8: the featured spot on this report is free for founding agents, one per district. Claim WV8.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about WV8. Free, with a one click sign in.
The live map plots every individual WV8 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.