House Prices in WS5 House Prices in WS5 (Walsall)

The average house price in WS5 (Walsall) is £291,750 using HM Land Registry data.

The average property price increased by £95,842 (34.18%) over the last 5 years and increased by £19,203 (4.89%) over the last 12 months.

Over the last year, there were 154 residential property sales – a decrease of 33 transactions (-21.43%) relative to the previous year. The majority of house sales (31) were in the £150,000 - £222,000 range. Then came properties in the £222,000 - £294,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,455 (-2%).

In Dec 24, there were 7 new estate agency instructions, 13 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in WS5 (Walsall)

34.18%

Property prices in Walsall increased by 34.18% 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 WS5 (Walsall) Over the Last Year

4.89%

Property prices in Walsall increased by 4.89% 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.

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).

Property Market Heat Gauge for WS5 (Walsall) - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

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 WS5 (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 WS5 (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 WS5 (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 WS5 (Walsall) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS5 postcode area since 1995.

Recent Sales in WS5 (Walsall)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Cranfield Place, Walsall, West Midlands, WS5 4PL£210,000£180,000-£30,00002 Oct 202430 Oct 202428 Days
3 Avon Grove, Walsall, West Midlands, WS5 4HQ£210,000£203,000-£7,00028 Feb 202424 Oct 2024239 Days
33 Walstead Road, Walsall, West Midlands, WS5 4LZ£250,000£240,000-£10,00013 Apr 202424 Oct 2024194 Days
2 Planetree Road, Walsall, West Midlands, WS5 4EJ£190,000£190,000£0013 Jul 202415 Oct 202494 Days
1 Shustoke Lane, Walsall, West Midlands, WS5 4JY£300,000£300,000£0030 Mar 202411 Oct 2024195 Days
37 Maple Drive, Walsall, West Midlands, WS5 4JJ£260,000£260,000£0018 Jun 202404 Oct 2024108 Days
25 Camborne Road, Walsall, West Midlands, WS5 3JB£365,000£335,000-£30,00026 Jan 202401 Oct 2024249 Days
54 Park Hall Road, Walsall, West Midlands, WS5 3HL£375,000£360,000-£15,00025 Mar 202430 Sep 2024189 Days
10 Wheat Hill, Walsall, West Midlands, WS5 3DB£275,000£265,000-£10,00002 May 202327 Sep 2024514 Days
171 Sutton Road, Walsall, West Midlands, WS5 3AW£390,000£380,000-£10,00001 Mar 202418 Sep 2024201 Days
16 Glenelg Mews, Walsall, West Midlands, WS5 3LG£320,000£315,000-£5,00028 May 202416 Sep 2024111 Days
99 Brackendale Drive, Walsall, West Midlands, WS5 4DA£260,000£260,000£0012 Feb 202413 Sep 2024214 Days
51 Gillity Avenue, Walsall, West Midlands, WS5 3PP£725,000£705,000-£20,00029 May 202409 Sep 2024103 Days
26 Launceston Road, Walsall, West Midlands, WS5 3EB£330,000£330,000£0019 Apr 202430 Aug 2024133 Days
20 Greaves Avenue, Walsall, West Midlands, WS5 3QF£430,000£410,000-£20,00025 Jan 202421 Aug 2024209 Days
156 Ladbury Road, Walsall, West Midlands, WS5 4EY£200,000£180,000-£20,00018 Mar 202426 Jul 2024130 Days
290 Walstead Road, Walsall, West Midlands, WS5 4DR£510,000£445,000-£65,00022 Jan 202419 Jul 2024179 Days
79 Fallowfield Road, Walsall, West Midlands, WS5 3DW£290,000£287,500-£2,50023 Feb 202405 Jul 2024133 Days
32 Lonsdale Road, Walsall, West Midlands, WS5 3JL£375,000£355,000-£20,00002 Feb 202421 Jun 2024140 Days
36 Hobart Drive, Walsall, West Midlands, WS5 3NL£410,000£410,000£0029 Sep 202307 Jun 2024252 Days

Most Expensive Streets in WS5 (Walsall)

PostcodeStreetAreaAverageNo. of Sales
WS5 3LNWoodlands AvenueWalsall£860,0004
WS5 3LFBeacon RoadWalsall£783,1505
WS5 3NGCharlemont RoadWalsall£722,8577
WS5 3JUPark RoadWalsall£721,4287
WS5 3LEWoodfield CloseWalsall£702,4833
WS5 3JTPark RoadWalsall£613,3333
WS5 3QHGreenslade RoadWalsall£578,3333
WS5 3LLSkip LaneWalsall£568,6254
WS5 3PPGillity AvenueWalsall£568,0003
WS5 3ATLongwood LaneWalsall£566,1005

Least Expensive Streets in WS5 (Walsall)

PostcodeStreetAreaAverageNo. of Sales
WS5 4QJBrockhurst CrescentWalsall£75,2916
WS5 3JDGillity Court, Camborne RoadWalsall£76,8333
WS5 4QEPommel CloseWalsall£85,1666
WS5 4SDSorrel DriveWalsall£99,3754
WS5 3HQPark Hall CloseWalsall£125,8577
WS5 3JALudgate Court, Camborne RoadWalsall£130,3333
WS5 4RUCamomile CloseWalsall£144,0003
WS5 4NQYew Tree RoadWalsall£146,3333
WS5 4EJPlanetree RoadWalsall£148,6663
WS5 4DBBiddlestone GroveWalsall£148,7504

Explore WS5 (Walsall) using map