Discover The Latest Property Statistics and Sold House Prices In Wolverhampton, West Midlands (County Of).

While Wolverhampton grew as an industrial city due to the wool trade, wool is not where it gets its name. It was founded, as a town, by Lady Wulfruna, an Anglo-Saxon landowner and noblewoman of Mercia, who was gifted 10 hides of land at Heantune in 985AD by her brother King Ethelred II. This scored out Wilfrana's Heantune (Heantune, meaning an area of land), which became known as Wolverhampton. The city grew into a centre for coal mining, steel production and manufacturing and today, has an economy based mainly on engineering, aerospace and services. Part of the Birmingham and Black Country conurbation, the city of Wolverhampton acts as a gateway between the Black Country and the countryside of Shropshire and Staffordshire, with easy access to London, Birmingham and Manchester. This connectivity to the West Midlands and beyond is very much a feature of the city and it's only getting better. When it is completed, HS2 will make travel to London possible in 50 minutes and there is currently £150m of public and private funding being invested into an integrated city centre transport hub, connecting trams, buses and trains. Wolverhampton is among the UK's top ten fastest-growing economies and is changing quickly, with £4.4 billion worth of investment going into regeneration projects across the city. It has a population of around 260,000 people, with around 323,000, living within an easily commutable distance, and it enjoys access to a remarkable pool of skilled labour, which the city is committed to developing further. The Wolverhampton Education Business Partnership brings businesses and educational facilities together to provide continuous investment in training and skills. But it's not all about jobs and transport. In 2022, Little Ones London found Wolverhampton to be the best area in England to raise a child, factoring in such things as childcare costs and average salaries and rents. House prices in the city area are sensible and properties are available to suit every taste, need and budget, from city centre apartments to family dwellings. And there is more to come. With over 10,000 new homes currently being built or planned for, the residential capacity of the city is ever-expanding.