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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
What are fair prices for homes on Pendeford Mill Lane?
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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 16 property sales since 2021, each priced at around £208,100. The average size is 903 square feet, coming to £238 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 £355.
- 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 38%. (£288,100 vs £208,100) Therefore, Pendeford Mill Lane might save you enough for some extra luxuries - say, about £80,000.
By Sector
WV8 1
Affordability tilts toward Pendeford Mill Lane, where homes command about 34% less than sector standards. (£279,500 vs £208,100). Based on this, properties on Pendeford Mill Lane could leave you paying £71,400 less than elsewhere in the sector.
By District
i.e. WV8
Affordability differs: the WV8 district averages 45% higher home prices than Pendeford Mill Lane. (£301,000 vs £208,100). All signs point to a potential saving of £92,900 if you choose Pendeford Mill Lane.
By City or Town
i.e. Wolverhampton
The price tag of living in Wolverhampton is about 45% heavier than on Pendeford Mill Lane. (£302,000 vs £208,100). Thus, opting for Pendeford Mill Lane could mean an overall cost reduction of £94,000.
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 58 (D), with future improvements possibly leading to 78 (C).
- A property on Pendeford Mill Lane typically spans 903 square feet, offering a more compact alternative to Wolverhampton’s average housing stock.
- With a faster turnover rate of 5 months, this street outpaces most other roads in WV8 where the average is 11.68 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
Feeling unmotivated? Explore WV8, where optimism greets you at every turn. Step into a community that offers encouragement and support. No matter your challenges, the neighbourhood’s positive energy and friendly faces provide emotional uplift, guiding you toward brighter tomorrows.
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
Streets Worth Noting
Surrounding Streets to Consider
Popular Roads in WV8
WV8 Roads with Similar Prices
- Farm Close
- Downie Road
- Joeys Lane
- Green Oak Road
- Alexander Road
- Moatbrook Avenue
Roads Near Pendeford Mill Lane
- Harriots Hayes Lane
- Renshaw Wood Lane
- Boscobel Road
- Duck Lane
- Whitehouse Lane
- Alexander Road
