OAK STREET, WV3 0AE House Prices & Local Information

WV3 0AE is an accessible, working-class neighbourhood on Oak Street, 0.5km from Merridale in Wolverhampton. Administratively it sits within Graiseley ward and the Wolverhampton South West constituency.

This is a well-established rental postcode — a close-knit migrant community area with strong extended family networks. The daytime character shifts — ethnically mixed self-employed with no fixed place of work in construction, transport, and storage. The 38 average age reflects a mixed, mid-career community — settling down but not yet slowing down. 55% of homes are privately rented — a strong rental market with good supply for incoming tenants. The area has a notably diverse population — 48% of residents identify as non-white, reflecting the multicultural character of this part of Wolverhampton.

Safety: Crime rates are low here at 45 incidents per 1,000 residents — well below average and reassuring for families. Property: With prices averaging £166k, this is one of the more affordable postcodes in the area. The Index of Multiple Deprivation places this area in the most deprived 20% nationally — this often means more affordable prices and active local authority investment, but also fewer amenities and higher benefit dependency.

Census 2021 statistics for WV3 0AE are sourced from Output Area E00052862 (shared with 7 postcodes in this micro-neighbourhood). Property prices come from HM Land Registry.