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House Prices in WS2

The average house price in WS2 (Walsall) is £141,857 using HM Land Registry data.

The average property price increased by £45,821 (27.22%) over the last 5 years and increased by £9,160 (4.07%) over the last 12 months.

Over the last year, there were 179 residential property sales – a decrease of 69 transactions (-38.55%) relative to the previous year. The majority of house sales (47) were in the £146,000 - £174,000 range. Then came properties in the £174,000 - £202,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 27 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,676 (-3%).

In June 2024, there were 36 new estate agency instructions, 31 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in WS2 (Walsall)

27.22%

Property prices in Walsall increased by 27.22% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in WS2 (Walsall) Over the Last Year

4.07%

Property prices in Walsall increased by 4.07% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for WS2 (Walsall) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in WS2 (Walsall)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in WS2 (Walsall)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in WS2 (Walsall)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the WS2 (Walsall) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS2 postcode area since 1995.

Recent Sales in WS2 (Walsall)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
98 Lewis Street, Walsall, West Midlands, WS2 8JZ	£180,000	£175,000	-£5,000	04 Jan 2024	01 May 2024	118 Days
17 Sheridan Close, Walsall, West Midlands, WS2 9QQ	£120,000	£120,000	£00	22 Feb 2024	29 Apr 2024	67 Days
175 Poplar Avenue, Bentley, Walsall, West Midlands, WS2 0EP	£180,000	£180,000	£00	05 Oct 2023	26 Apr 2024	204 Days
15 Sheridan Close, Walsall, West Midlands, WS2 9QQ	£130,000	£130,000	£00	26 Oct 2023	22 Mar 2024	148 Days
41 Essex Street, Walsall, West Midlands, WS2 7AR	£150,000	£147,000	-£3,000	31 May 2023	22 Mar 2024	296 Days
117 Alumwell Road, Walsall, West Midlands, WS2 9XQ	£180,000	£180,000	£00	29 Sep 2023	21 Mar 2024	174 Days
52 Morris Avenue, Walsall, West Midlands, WS2 0ED	£230,000	£220,000	-£10,000	16 Aug 2023	08 Mar 2024	205 Days
62 Wolverhampton Road West, Walsall, West Midlands, WS2 0BS	£220,000	£220,000	£00	06 Sep 2023	29 Jan 2024	145 Days
19 Attlee Road, Walsall, West Midlands, WS2 0EZ	£180,000	£155,000	-£25,000	10 Aug 2023	17 Jan 2024	160 Days
92 Bescot Road, Walsall, West Midlands, WS2 9DG	£315,000	£315,000	£00	29 Jun 2023	04 Jan 2024	189 Days
122 Wilkes Avenue, Walsall, West Midlands, WS2 0JL	£280,000	£175,000	-£105,000	18 Aug 2022	21 Dec 2023	490 Days
40 Bloxwich Lane, Walsall, West Midlands, WS2 7JX	£160,000	£151,000	-£9,000	19 Jul 2023	20 Dec 2023	154 Days
5 Oxford Street, Walsall, West Midlands, WS2 9HY	£250,000	£220,000	-£30,000	03 Aug 2023	19 Dec 2023	138 Days
177 Dickinson Drive, Walsall, West Midlands, WS2 9DR	£180,000	£160,000	-£20,000	18 Jul 2023	15 Dec 2023	150 Days
8 Sheridan Close, Walsall, West Midlands, WS2 9QQ	£110,000	£105,000	-£5,000	23 May 2023	07 Dec 2023	198 Days
21 Arnold Close, Walsall, West Midlands, WS2 0LH	£170,000	£168,000	-£2,000	19 Jun 2023	30 Nov 2023	164 Days
16 Westville Road, Walsall, West Midlands, WS2 8UB	£250,000	£244,000	-£6,000	25 Aug 2023	27 Nov 2023	94 Days
39 Basalt Close, Walsall, West Midlands, WS2 8XB	£140,000	£140,000	£00	01 Sep 2023	24 Nov 2023	84 Days
14 Cunningham Road, Walsall, West Midlands, WS2 0AY	£180,000	£170,000	-£10,000	23 Aug 2023	13 Oct 2023	51 Days
Flat 44, Winn House, Burrowes Street, Walsall, West Midlands, WS2 8NW	£65,000	£57,800	-£7,200	13 Apr 2023	12 Oct 2023	182 Days

Most Expensive Streets in WS2 (Walsall)

Postcode	Street	Area	Average	No. of Sales
WS2 9DG	Bescot Road	Walsall	£335,666	3
WS2 9DF	Bescot Drive	Walsall	£291,166	3
WS2 8TW	Bentley Lane	Walsall	£260,666	3
WS2 8TU	Birchover Road	Walsall	£230,100	5
WS2 8BT	Savant Way	Walsall	£223,333	3
WS2 8TY	Parkview Crescent	Walsall	£216,250	4
WS2 0NW	Silverstone Close	Walsall	£215,166	3
WS2 8SN	Bentley Lane	Walsall	£214,000	4
WS2 9UQ	Exeter Place	Walsall	£212,500	4
WS2 8RY	Bentley Drive	Walsall	£211,333	3

Least Expensive Streets in WS2 (Walsall)

Postcode	Street	Area	Average	No. of Sales
WS2 9AG	Saldavian Court, Slaney Road	Walsall	£64,000	3
WS2 9LB	Marsh Street	Walsall	£66,833	6
WS2 9JY	Little Station Street	Walsall	£70,100	5
WS2 0NU	Grenville Close	Walsall	£70,833	6
WS2 8DB	Bloxwich Road	Walsall	£72,166	3
WS2 8BG	Ashdown Grove	Walsall	£81,333	3
WS2 9PL	Forrester Street	Walsall	£83,333	3
WS2 8QJ	Reedswood Close	Walsall	£84,500	4
WS2 8LA	Mary Street	Walsall	£84,650	5
WS2 0AF	Infinite House, Pendlebury Close	Walsall	£85,333	3