Average asking price
£375k
UK avg £340k
Postcode district in Chetton, part of the WV postcode area
General / family area · 22.8km from The University of Wolverhampton
WV16 has a gross rental yield of 3.2%, 31% below the UK average, ranking #13 of 13 WV postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| 1 | £125k | — | — | 19 / 0 |
| 2 | £250k | £795 | — | 51 / 3 |
| 3 | £339k | £1,125 | 4.0% | 60 / 6 |
| 4 | £600k | — | — | 51 / 0 |
| 5+ | £750k | — | — | 31 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| WV12 | £250k | £1,200 | 5.8% | Compare |
| WV2 | £205k | £932 | 5.5% | Compare |
| WV14 | £232k | £1,020 | 5.3% | Compare |
| WV10 | £240k | £962 | 4.8% | Compare |
| WV4 | £290k | £1,148 | 4.7% | Compare |
| WV1 | £192k | £755 | 4.7% | Compare |
| WV13 | £240k | £900 | 4.5% | Compare |
| WV11 | £270k | £950 | 4.2% | Compare |
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