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 2.5%, 43% below the UK average, ranking #14 of 14 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 |
|---|---|---|---|---|
| Studio | £450k | — | — | 1 / 0 |
| 1 | £115k | £725 | — | 16 / 3 |
| 2 | £232k | £795 | 4.1% | 48 / 7 |
| 3 | £340k | £1,150 | — | 67 / 4 |
| 4 | £550k | — | — | 47 / 0 |
| 5+ | £700k | — | — | 32 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| WV15 | £325k | £2,383 | 8.8% | Compare |
| WV1 | £185k | £972 | 6.3% | Compare |
| WV14 | £229k | £1,030 | 5.4% | Compare |
| WV10 | £232k | £1,025 | 5.3% | Compare |
| WV12 | £260k | £1,100 | 5.1% | Compare |
| WV2 | £200k | £800 | 4.8% | Compare |
| WV8 | £350k | £1,398 | 4.8% | Compare |
| WV4 | £290k | £1,135 | 4.7% | Compare |