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Oakfield Road, WV8 - Complete Guide to House Prices
Learn how home values on Oakfield Road in the WV8 district in Wolverhampton stand against neighbouring streets.
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Associated Postcodes:
WV8 1LA
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House Prices > Wolverhampton > WV8 > Oakfield Road
Housing Activity on This Street
The Current Property Landscape of Oakfield Road
- Buyers have secured 10 homes on Oakfield Road since 2021, paying an average of £237,400. These homes are generally 856 square feet, translating to £267 per square foot.
- Property values on Oakfield Road have extended from £179,000 to £335,000, with per-square-foot values ranging across £206 to £339.
- The last deal inked on Oakfield Road took place in July 2024.
Price Gaps with Neighboring Zones
Comparing Oakfield Road House Prices with Surrounding Areas
By Locality
Codsall
Codsall properties demand 21% more than Oakfield Road equivalents, based on market norms. (£288,100 vs £237,400) From this angle, a home on Oakfield Road might cost £50,700 less than a comparable one in Codsall.
By Sector
WV8 1
Average property prices in Oakfield Road are 18% lower than those in the WV8 1 sector. (£279,500 vs £237,400). Hence, buying on Oakfield Road could cut costs by approximately £42,100 against sector averages.
By District
i.e. WV8
It typically costs around 27% more to purchase in the WV8 district than on Oakfield Road. (£301,000 vs £237,400). This market snapshot suggests that a comparable home on Oakfield Road could offer savings of around £63,600 over other district properties.
By City or Town
i.e. Wolverhampton
With Oakfield Road, you could have your cake and afford to eat it too - homes cost 27% less than Wolverhampton. (£237,400 vs £302,000). As indicated, a property in Wolverhampton might require you to spend an extra £64,700 over one on Oakfield Road.
Street Perks and Particulars
Additional Market and Street-Level Data for Oakfield Road
- An established road with 48 properties, it’s structured using 2 postcode entries.
- Oakfield Road does not contain any new-build homes.
- Currently, the energy efficiency of homes on Oakfield Road is rated at 61 (D), with an estimated potential of 82 (B).
- Homes on Oakfield Road average 856 square feet, 6% broader than the typical Wolverhampton residence.
- You’re more likely to see a ‘For Sale’ sign on this street – transactions happen every 9 months, which is faster than the 11.68 months district benchmark.
District Market Breakdowns
Useful Reads for Buyers and Sellers in Wolverhampton
Which roads sell faster? Which feel oddly stable? These short reads give Wolverhampton a sharper edge.
Additionally, we’ve compiled year-on-year stats, price comparisons, and property breakdowns on the Wolverhampton House Prices section of our site.
District Sights to Savor
Unpacking WV8: Insights & Info
These aren’t just figures – they hint at the shifting moods of the WV8 property market.
219
No. of Roads
1,612
No. of Transactions
£400K
Avg. Property Price
1,066
per sq/ft
Avg. Property Size
£290
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Roads of Note
Extra Roads to Consider
Popular Roads in WV8
WV8 Roads with Similar Prices
- Duck Lane
- Ravenhill Drive
- Mount Gardens
- Lane Green Road
- Leveson Crescent
- Palmers Close
Roads Near Oakfield Road
- Harriots Hayes Lane
- Renshaw Wood Lane
- Boscobel Road
- Duck Lane
- Whitehouse Lane
- Alexander Road
