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House Prices in WS7 House Prices in WS7 (Burntwood)

The average house price in WS7 (Burntwood) is £339,994 using HM Land Registry data.

The average property price increased by £55,202 (35.85%) over the last 5 years and increased by £11,061 (5.07%) over the last 12 months.

Over the last year, there were 255 residential property sales – a decrease of 124 transactions (-48.63%) relative to the previous year. The majority of house sales (72) were in the £200,000 - £250,000 range. Then came properties in the £250,000 - £300,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,006 (-3%).

In Oct 24, there were 49 new estate agency instructions, 55 agreed home sales and 42 property price reductions.

Nearby Postcodes: B74, B75, B78, B79, DE12, DE13, ST14, ST17, ST18, ST19, WS11, WS12, WS13, WS14, WS15, WS3, WS6, WS8, WS9, WV10

5-Year Average Property Prices in WS7 (Burntwood)

35.85%

Property prices in Burntwood increased by 35.85% 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 WS7 (Burntwood) Over the Last Year

5.07%

Property prices in Burntwood increased by 5.07% 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.

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 WS7 (Burntwood) - Oct 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 WS7 (Burntwood)

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 WS7 (Burntwood)

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 WS7 (Burntwood)

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 WS7 (Burntwood) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS7 postcode area since 1995.

Recent Sales in WS7 (Burntwood)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
149 Chase Road, Burntwood, Staffordshire, WS7 0EB£180,000£175,000-£5,00018 Apr 202423 Aug 2024127 Days
4 Holly Grove Lane, Burntwood, Staffordshire, WS7 1LU£240,000£234,000-£6,00014 May 202416 Aug 202494 Days
69 Newgate Street, Chasetown, Burntwood, Staffordshire, WS7 4TZ£190,000£190,000£0017 May 202416 Aug 202491 Days
20 Paget Drive, Burntwood, Staffordshire, WS7 1HP£240,000£240,000£0011 Apr 202409 Aug 2024120 Days
3 Avon Road, Burntwood, Staffordshire, WS7 4UD£215,000£210,000-£5,00013 Oct 202301 Aug 2024293 Days
37 Lebanon Grove, Burntwood, Staffordshire, WS7 2BE£235,000£235,000£0017 May 202331 Jul 2024441 Days
79 Overton Lane, Hammerwich, Burntwood, Staffordshire, WS7 0LQ£700,000£650,000-£50,00026 Dec 202329 Jul 2024216 Days
4a, Ash Grove, Burntwood, Staffordshire, WS7 4TG£225,000£225,000£0009 May 202426 Jul 202478 Days
52 Railway Lane, Burntwood, Staffordshire, WS7 1LT£350,000£338,000-£12,00020 Sep 202326 Jul 2024310 Days
25 Huntsmans Gate, Burntwood, Staffordshire, WS7 9LL£525,000£485,000-£40,00002 Nov 202325 Jul 2024266 Days
14 Sister Dora Avenue, Burntwood, Staffordshire, WS7 9QD£475,000£450,000-£25,00008 Mar 202423 Jul 2024137 Days
15 Holly Grove Lane, Burntwood, Staffordshire, WS7 1LU£219,950£205,000-£14,95006 Feb 202422 Jul 2024167 Days
24 Church Street, Chasetown, Burntwood, Staffordshire, WS7 3QL£259,950£259,950£0015 Mar 202419 Jul 2024126 Days
8 Gorstey Lea, Burntwood, Staffordshire, WS7 9BG£220,000£212,000-£8,00028 Feb 202412 Jul 2024135 Days
12 Selwyn Road, Burntwood, Staffordshire, WS7 9HU£430,000£425,000-£5,00021 Dec 202328 Jun 2024190 Days
11 Griffin Close, Chase Terrace, Burntwood, Staffordshire, WS7 1JG£240,000£235,000-£5,00025 May 202325 Jun 2024397 Days
102 Boney Hay Road, Burntwood, Staffordshire, WS7 9AN£239,950£238,500-£1,45013 Jul 202325 Jun 2024348 Days
52 Overhill Road, Burntwood, Staffordshire, WS7 4SU£340,000£310,000-£30,00013 Sep 202320 Jun 2024281 Days
2 Henley Close, Burntwood, Staffordshire, WS7 0EL£280,000£280,000£0031 Jan 202420 Jun 2024141 Days
178 Chorley Road, Burntwood, Staffordshire, WS7 2PF£400,000£385,000-£15,00026 Dec 202319 Jun 2024176 Days

Most Expensive Streets in WS7 (Burntwood)

PostcodeStreetAreaAverageNo. of Sales
WS7 9EDFallow DriveBurntwood£757,8128
WS7 0LJOverton LaneBurntwood£663,3323
WS7 0HTLichfield RoadBurntwood£658,1254
WS7 9DLOgley ValeBurntwood£570,0003
WS7 9AUBramble LaneBurntwood£507,0003
WS7 9QHNightingale WalkBurntwood£486,1119
WS7 0LLOverton Park, HammerwichBurntwood£481,8669
WS7 9EJWoodhouses RoadBurntwood£477,8333
WS7 9LBTrevithick CloseBurntwood£471,7147
WS7 9QGAshmole AvenueBurntwood£463,5707

Least Expensive Streets in WS7 (Burntwood)

PostcodeStreetAreaAverageNo. of Sales
WS7 4YTEdwards Court, Edwards RoadBurntwood£95,7374
WS7 1JJEastgate StreetBurntwood£113,7504
WS7 2EYLongfellow RoadBurntwood£121,5717
WS7 3UYSilverdale DriveBurntwood£122,5004
WS7 4UTKeepers CloseBurntwood£123,2504
WS7 1AGRugeley Road, Chase TerraceBurntwood£131,0004
WS7 9ASMorley RoadBurntwood£131,5003
WS7 4UFNewgate Street, ChasetownBurntwood£141,8889
WS7 4TSManor RiseBurntwood£142,6005
WS7 0BATudor Park GardensBurntwood£144,3754

Explore WS7 (Burntwood) using map

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