WV2 is the All Saints, Blakenhall, Ettingshall and Graiseley area of Wolverhampton, approximately 1 mile south of the city centre. It lies about 3.5 miles northwest of Dudley town centre, and forms the southern gateway into Wolverhampton via the A449 (Penn Road) and A4123 (Birmingham Road) corridors.
The district covers 4.19 km² (1.62 sq mi) of largely urban residential and commercial land, with the major Dudley Road retail artery running through its heart. It is a densely populated inner-city area with a mix of Victorian terraces, 1930s semi-detached homes, and some newer infill developments.
Neighbouring postcode districts: WV1 (city centre, north), WV3 (west), WV4 (southwest), WV14 (southeast — Bilston).
*Data sourced from HM Land Registry, ONS, Zoopla, and Property Investments UK (Feb 2026).
WV2 overall crime rate: 166% of the national average (WV2 2 sector: 59 crimes per 1,000 people). The Wolverhampton postcode area as a whole has a crime rate of 43.4 per 1,000 — 123% of the England & Wales average, though -2.7% year-on-year (national crime is rising at +1.3%, so WV is improving).
Violent crime makes up 42.5% of all offences — above the national average of 35.3%. However, overall crime in WV is declining year-on-year.
Hotspots: Penn Road A449 (233 offences), Graiseley Hill (203), Church Lane (175), Gower Street (166).
Wolverhampton has 97% of schools rated Good or Outstanding (as of Aug 2025). 64% of primary pupils achieve expected standards in reading, writing and maths — above the national average.
| School | Phase | Ofsted |
|---|---|---|
| Grove Primary Academy | Primary | Good |
| St Luke's CofE Aided Primary School | Primary | Good |
| Graiseley Primary School | Primary | Good |
| Phoenix Nursery School | Nursery | Good |
| SS. Mary & John's Catholic Primary Academy | Primary | Requires Improvement |
| Grove Primary School (separate) | Primary | Special Measures |
Notable secondary schools nearby in wider Wolverhampton: Heath Park (Outstanding), Moseley Park (Good), Wolverhampton Girls' High (Outstanding). University of Wolverhampton is a major local institution with multiple campuses.
Wolverhampton Railway Station is ~1 mile north of WV2 (10 min walk / 5 min bus). Direct services to:
West Midlands Metro (Wolverhampton St George's — Birmingham Centenary Square). Stops at Wolverhampton city centre, Bilston, Wednesbury, West Bromwich.
Major A-roads through WV2: A449 (Penn Road — Wolverhampton to M6 J12), A4123 (Birmingham Road — to M5 J2), A459 (Dudley Road), A41 (Bilston Road). M6 (J10 & J12) and M5 (J2) within 10-15 min drive.
Wolverhampton Bus Station (city centre) serves all WV2 sectors. Routes include: 1, 2, 16, 79, 529 providing connections to Birmingham, Dudley, Walsall, Bilston, and surrounding suburbs.
WV2 is one of the most affordable inner-city postcodes in the West Midlands, with an average sold price of £191,293 (HM Land Registry) and asking prices around £202,933. This is well below the West Midlands average of £249,000 and the UK average of £268,000.
Well below the national benchmark of 7.5x — making WV2 one of the more affordable places in the region for first-time buyers and investors alike.
These regeneration projects create a structural floor under property values — the city is seeing its largest development phase since the 1960s.
WV2 (All Saints / Blakenhall) offers one of the lowest entry prices in the West Midlands at ~£191K average sold price. The area benefits from proximity to Wolverhampton's city centre regeneration, strong transport links (rail, metro, motorway), and steady rental demand from both professionals and University of Wolverhampton students. The yield of 4.9% is solid, though below the top WV postcodes (WV1/WV11 at 5.4%).
BRRR: Target Victorian terraces under £150K, refurbish to add £30-50K equity, refinance at £190-200K valuation, rent at £700-800/month. Strong cashflow potential with low entry.
BTL: 2-bed terrace at ~£160K with £650-750 rent = 5.0-5.5% yield. Student-friendly location near university. Solid returns in a capital-light investment.
HMO: Only in specific locations near the university/hospital. Requires HMO licensing and higher management overhead. Moderate suitability.
HM Land Registry · ONS Census 2021 · Zoopla · Streetlist.co.uk · Plumplot.co.uk · Ofsted · Property Investments UK (Feb 2026) · Belvoir Wolverhampton · City of Wolverhampton Council · National Rail / Avanti West Coast · Transport for West Midlands · Moovit
Report generated: May 2026 · All data points approximate and subject to change. This is not financial advice — always conduct your own due diligence.