WV8 (Codsall) area guide

WV8
Codsall
The WV8 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bilbrook, Brewood and Coven, Codsall, Codsall North, Codsall South, Codsall Wood, Donington and Albrighton North, Oaken, Oxley, Pendeford, Perton Dippons, Shropshire, St Peter's, Staffordshire, Wergs, Wheaton Aston, Bishopswood and Lapley, Wolverhampton, Wrottesley Park.
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Notes:

A Mouseprice property guide for WV8 Codsall is coming soon. In the meantime, please have a look at the raw data and statistics about WV8 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Wolverhampton propertyThe size of the property market in WV8 is 6476 homes.

Wolverhampton propertyWhen growth averages 15.6% over a 5 year period, as in this postcode district, there are a number of possible explanations, for example that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Wolverhampton propertyOver the last 3 months, the average property value for this postcode district has been £202349.

Wolverhampton propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 9.6.

Wolverhampton propertyNew transactions as a percentage of overall sales are 12.8%.

Housing stock:

Codsall propertySemi- Detached Houses make up the most significant portion of the housing stock, representing 36.6% of the total.

Codsall propertyFlats account for the lowest percentage of the housing stock in this district, at only 15.9%.

Codsall propertyThis is an area with a high proportion of property suitable for families with children.

Codsall propertyA high proportion of property in this area is socially rented.

Codsall propertyThe majority of property in this area is owner occupied.

Codsall propertyThe average price of a two bed property in this area is less that the national average of £187894 at £162486.

Who lives here:

Codsall propertyThe population of this postcode district is 15237.
Codsall propertyThe average age in this area is 41.
Codsall propertyThis area has a high percentage of married people at 25.7%.
Codsall propertyAverage working hours in this area for men are 42 and for women are 29.
Codsall propertyThis area has 10.1 people per square kilometre.
Codsall propertyThe largest source of work in this area is Health & Social Work (19.7% of workers), followed by Wholesale & Retail (16.9%).