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Pendeford Mill Lane, WV8 - Property Prices You Should Know
Explore Pendeford Mill Lane in the WV8 district in Wolverhampton, and learn how it fits into the bigger Wolverhampton picture.
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Associated Postcodes:
WV8 1JB, WV8 1JG
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House Prices > Wolverhampton > WV8 > Pendeford Mill Lane
Street’s Property Overview
House Price Insights for Pendeford Mill Lane
- Pendeford Mill Lane has witnessed 17 property sales since 2021, each priced at around £206,200. The average size is 900 square feet, coming to £236 per square foot.
- On Pendeford Mill Lane, home sale values have extended from £127,000 to £305,000, with costs per square foot differing between £126 and £352.
- October 2024 was the moment of the latest property handshake on Pendeford Mill Lane.
How This Road Compares Locally
Property Trends: Pendeford Mill Lane vs Surrounding Areas
By Locality
Codsall
The difference between Codsall and Pendeford Mill Lane pricing averages 31%. (£269,300 vs £206,200) Therefore, Pendeford Mill Lane might save you enough for some extra luxuries - say, about £63,200.
By Sector
WV8 1
Affordability tilts toward Pendeford Mill Lane, where homes command about 9% less than sector standards. (£225,300 vs £206,200). Based on this, properties on Pendeford Mill Lane could leave you paying £19,200 less than elsewhere in the sector.
By District
i.e. WV8
Affordability differs: the WV8 district averages 22% higher home prices than Pendeford Mill Lane. (£251,500 vs £206,200). All signs point to a potential saving of £45,400 if you choose Pendeford Mill Lane.
By City or Town
i.e. Wolverhampton
When comparing averages, properties in Wolverhampton come in at 5% less than similar ones on Pendeford Mill Lane. (£196,000 vs £206,200). You could think of it this way - homes on Pendeford Mill Lane come with a hidden line item: £10,000.
Beyond the Basics of This Road
Valuable Useful Facts on Pendeford Mill Lane
- The street has a total of 73 properties and 4 postcodes.
- Pendeford Mill Lane is made up entirely of older properties, with no new-builds.
- Energy data shows that homes on Pendeford Mill Lane hold an average rating of 60 (D), with future improvements possibly leading to 80 (C).
- With a typical size of 900 square feet, properties on Pendeford Mill Lane deliver 2% more living area than the norm in Wolverhampton.
- With a faster turnover rate of 5 months, this street outpaces most other roads in WV8 where the average is 11.11 months.
City Market Bites
What’s Smart, Overpriced or Underrated in Wolverhampton
Not all roads in Wolverhampton are made equal. These reads explain which ones move fast, hold value and deserve a closer look.
Also, you’ll find a full picture of how property prices have shifted since 2018 on our Wolverhampton House Prices page.
District Hotspots to Hit
A Closer Look at WV8
As an expert might say, living in WV8 is a strategic decision. Designed for success, the district balances adaptiveness with a future-focused approach to lifestyle. Its healthy economic outlook and cultural opportunities make WV8 a place ripe with potential and favourable for long-term investment.
221
No. of Roads
1,710
No. of Transactions
£300K
Avg. Property Price
1,055
per sq/ft
Avg. Property Size
£255
per sq/ft
Avg. Cost Per Sq/Ft
Streets Worth Noting
Surrounding Streets to Consider
Popular Roads in WV8
WV8 Roads with Similar Prices
Roads Near Pendeford Mill Lane
- Harriots Hayes Lane
- Renshaw Wood Lane
- Boscobel Road
- Duck Lane
- Whitehouse Lane
- Alexander Road
