WV1 Property Prices: Local Insights You Can Use
House Prices > Wolverhampton > WV1
Annual Shifts in WV1’s Property Market
The figures below reflect average prices across WV1 from 2018 to 2025.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £197,100 | 144 |
| 2024 | £186,400 | 92 |
| 2023 | £189,600 | 148 |
| 2022 | £176,000 | 160 |
| 2021 | £173,400 | 155 |
| 2020 | £139,500 | 133 |
| 2019 | £150,000 | 167 |
| 2018 | £137,000 | 155 |
The WV1 postcode market in Wolverhampton has experienced a series of quirky twists and surprising turns in recent years. While the headlines might boast about price growth, the story under the surface is less rosy, hinting at some potentially fragile foundations.
- Price jumps appear positive on paper, but there’s been a notable wobble. After surging up to 2023, the average property value dipped in 2024. That’s a move raising eyebrows for anyone eyeing long-term gains.
- Transaction numbers are anything but stable. Purchases have seesawed, dropping dramatically in 2020 and again in 2024. Despite future projections, these swings suggest the market in WV1 is about as steady as a Wolves match in injury time — full of drama and unpredictability.
- Market confidence feels hesitant. Even with price forecasts climbing back in 2025, the erratic number of transactions tempers any starry-eyed optimism.
With all these layers, anyone looking to buy or sell in WV1 should be especially cautious. It’s tempting to fixate on flashy figures, but the underlying volatility could easily leave new homeowners feeling a bit exposed if trends reverse. As always in Wolverhampton, timing and a cool head are everything.
So, what’s the core message?
Despite ambitious projections, WV1’s market moves a bit like Queen Square during rush hour – slow, unpredictable, and rarely straightforward.
WV1’s Property Types and Their Average Prices
Detached
Avg. Property Price: 255K
Avg. Size of Property
1,514 sq/ft
Avg. Cost Per Sq/ft
£196 sq/ft
Total transactions
20 (since 2021)
Semi-detached
Avg. Property Price: 178K
Avg. Size of Property
1,001 sq/ft
Avg. Cost Per Sq/ft
£184 sq/ft
Total transactions
159 (since 2021)
Terraces
Avg. Property Price: 136K
Avg. Size of Property
905 sq/ft
Avg. Cost Per Sq/ft
£157 sq/ft
Total transactions
184 (since 2021)
Apartments
Avg. Property Price: 98K
Avg. Size of Property
612 sq/ft
Avg. Cost Per Sq/ft
£160 sq/ft
Total transactions
70 (since 2021)
If you’ve been keeping an eye on the property market in WV1, you’ll know things have felt positively brisk lately - perhaps not quite as frenzied as a Saturday on Dudley Street, but close. Detached homes sit rather royally at the top of the price pile, offering a more spacious footprint for those with larger budgets. The cost per square foot here is surprisingly competitive for the 1,510 sq ft average space you get. Still, with only 20 transactions since 2021, these homes are often out of reach or snapped up by buyers looking for extra privacy and gardens.
Semi-detached and terraced homes are really driving the market. You’ll find terraced properties, in particular, changing hands with the most regularity - there have been a remarkable 184 transactions. Families and first-timers flock here for comfort and a price tag that feels more approachable. As for semi-detached houses, their steady popularity is boosted by a blend of value, space, and strong demand, chalking up 159 sales since 2021.
Flats remain the budget-friendly darling of central Wolverhampton. They move quickly, too, with 70 sales since 2021. It’s no wonder, given the lower upfront costs and the lower cost per sq ft compared to more traditional houses. Great for students, young professionals, or anyone looking for a tidy city pad that won’t drain their wallet.
So, what should we remember?
- Looking for space? Detached and semi-detached houses are the go-to, but you’ll battle stronger competition and steeper prices.
- Hunting for a savvy deal or a cosy starter home? Terraced houses and flats serve up affordability, energetic turnover, and an unmistakably central lifestyle.
Which Wolverhampton Postcodes Stand Out – and Which Don’t
Local market data can be thin, especially in Wolverhampton. These two pieces help you understand what homes are worth – and how fast they’re going.
Smarter Insights Start Here
We apply carefully tuned calculations to certified records, producing estimates that are far sharper and far less forgettable. Have a look at our valuation flow
All Roads in WV1 – Wolverhampton
No streets found for this district.