Key indicators for buyers
The WV9 market is moderately favourable for buyers. Prices are rising at 32.6%, which may favour acting sooner rather than later. Rising rents (£926/mo, +11.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2025averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Wolverhampton area
A home in Wolverhampton costs 6.2x the local median salary — moderate, improving from a peak of 6.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Wolverhampton area
Average monthly rent in Wolverhampton is £926, up 11.7% 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 Wolverhampton price of £348,824 with a 25% deposit (£87k), a 2-year fixed mortgage at 3.97% costs around £1,377 per month.
Monthly cost comparison based on current data
Uses WV9 avg. price with Wolverhampton rental data
Monthly mortgage payments (£1,377) are £451 more than renting (£926). However, buying requires an upfront deposit of £87k — it would take around 19 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
7, MIRFIELD CLOSE, PENDEFORD WV9 5RW | Detached | £295,000 | 19 Dec 2025 |
25, BROOK CLOSE, COVEN WV9 5DS | Semi-detached | £240,000 | 12 Dec 2025 |
10, ST PAULS CLOSE, COVEN WV9 5DD | Semi-detached | £280,000 | 11 Dec 2025 |
6, WEYHILL CLOSE WV9 5RA | Semi-detached | £182,500 | 9 Dec 2025 |
FLAT 1, CROFT HOUSE, BREWOOD ROAD, COVEN WV9 5DA | Flat/Maisonette | £142,000 | 8 Dec 2025 |
232, THE DROVEWAY WV9 5ND | Terraced | £190,000 | 25 Nov 2025 |
3, CHAMBLEY GREEN, COVEN WV9 5DN | Terraced |
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 WV9 sold for £348,824 in 2025, with a median of £247,500 across 80 transactions. Prices rose 32.6% compared to the previous year.
| £199,995 |
| 21 Nov 2025 |
14, MARHOLM CLOSE WV9 5QY | Terraced | £85,000 | 19 Nov 2025 |
83, PENSHAW CLOSE WV9 5NG | Semi-detached | £190,000 | 14 Nov 2025 |
88, LEYBOURNE CRESCENT WV9 5QG | Semi-detached | £195,000 | 10 Nov 2025 |
22, MILLWALK DRIVE WV9 5LG | Detached | £279,500 | 7 Nov 2025 |
23, TALATON CLOSE WV9 5LR | Flat/Maisonette | £120,000 | 31 Oct 2025 |
THE BARN HOUSE, UPPER HATTONS FARM, PENDEFORD HALL LANE, COVEN WV9 5BD | Detached | £600,000 | 28 Oct 2025 |
14, GREEN ACRES, COVEN WV9 5AB | Semi-detached | £265,000 | 24 Oct 2025 |
4, PADBURY WV9 5LF | Detached | £322,500 | 23 Oct 2025 |
60, LEYBOURNE CRESCENT WV9 5QL | Detached | £280,000 | 20 Oct 2025 |
18, BIRCHCROFT, COVEN WV9 5DZ | Detached | £352,500 | 17 Oct 2025 |
15, SCHOOL LANE, COVEN WV9 5AA | Semi-detached | £315,000 | 17 Oct 2025 |
50, TYNING CLOSE WV9 5QH | Semi-detached | £171,000 | 26 Sept 2025 |
9, ST PAULS CLOSE, COVEN WV9 5DD | Semi-detached | £270,000 | 26 Sept 2025 |
The most recent recorded sale in WV9 was a detached property on Mirfield Close for £295,000 in December 2025. Across the last 20 sales, the median price was £265,000.