Key indicators for buyers
The WV8 market is moderately favourable for buyers. Prices have softened (-10.3%), which could present a buying opportunity. Affordability has improved from a peak of 9.4x in 2022 to 7.2x today. Rising rents (£941/mo, +6.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider South Staffordshire area
A home in South Staffordshire costs 7.2x the local median salary — moderate, improving from a peak of 9.4x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider South Staffordshire area
Average monthly rent in South Staffordshire is £941, up 6.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average South Staffordshire price of £303,875 with a 25% deposit (£76k), a 2-year fixed mortgage at 3.97% costs around £1,199 per month.
Monthly cost comparison based on current data
Uses WV8 avg. price with South Staffordshire rental data
Monthly mortgage payments (£1,199) are £258 more than renting (£941). However, buying requires an upfront deposit of £76k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
1, CHERRY TREE GARDENS, CODSALL WV8 1NN | Semi-detached | £215,000 | 16 Jan 2026 |
10, THE COVERT WV8 1UF | Terraced | £140,000 | 15 Jan 2026 |
82, BIRCHES ROAD, CODSALL WV8 2JR | Detached | £305,000 | 9 Jan 2026 |
25, OLD FARM DRIVE, CODSALL WV8 1GF | Detached | £590,000 | 9 Jan 2026 |
109, OAKEN PARK, CODSALL WV8 2BW | Detached | £338,000 | 9 Jan 2026 |
70, CHAPEL LANE, CODSALL WV8 2EJ | Detached | £438,000 | 9 Jan 2026 |
47, WESLEY ROAD, CODSALL WV8 1JY | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in WV8 sold for £303,875 in 2026, with a median of £267,500 across 8 transactions. Prices fell 10.3% compared to the previous year.
| £230,000 |
| 7 Jan 2026 |
48, EASTNEY CRESCENT WV8 1YQ | Terraced | £175,000 | 6 Jan 2026 |
37, EASTNEY CRESCENT WV8 1YQ | Terraced | £200,000 | 19 Dec 2025 |
30, WOLVERHAMPTON ROAD, CODSALL WV8 1PJ | Detached | £615,000 | 19 Dec 2025 |
6, HEDGEROW WALK WV8 1UW | Terraced | £194,000 | 19 Dec 2025 |
BEAUMONT, HAWTHORNE LANE, CODSALL WV8 2DA | Semi-detached | £400,000 | 10 Dec 2025 |
7, COUNTY LANE, CODSALL WOOD WV8 1RG | Detached | £750,000 | 9 Dec 2025 |
6, KEEPERS LANE, CODSALL WV8 2DW | Detached | £377,500 | 8 Dec 2025 |
40, BARNHURST LANE WV8 1XB | Terraced | £168,000 | 26 Nov 2025 |
66, CHAPEL LANE, CODSALL WV8 2EJ | Detached | £575,000 | 21 Nov 2025 |
140, BIRCHES ROAD, CODSALL WV8 2JP | Detached | £285,000 | 21 Nov 2025 |
19, GREEN OAK ROAD, CODSALL WV8 1LB | Semi-detached | £255,000 | 21 Nov 2025 |
4, THE LIMES, CODSALL WOOD WV8 1QW | Semi-detached | £312,000 | 14 Nov 2025 |
AVALON, OAKFIELD ROAD, CODSALL WV8 1LA | Detached | £224,900 | 6 Nov 2025 |
The most recent recorded sale in WV8 was a semi-detached property on Cherry Tree Gardens for £215,000 in January 2026. Across the last 20 sales, the median price was £305,000.