You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in WS7

House Prices in WS7

The average house price in WS7 (Burntwood) is £276,308 using HM Land Registry data.

The average property price increased by £68,350 (35.85%) over the last 5 years and increased by £13,664 (5.07%) over the last 12 months.

Over the last year, there were 276 residential property sales – a decrease of 147 transactions (-53.26%) relative to the previous year. The majority of house sales (66) were in the £198,000 - £246,000 range. Then came properties in the £246,000 - £294,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,006 (-3%).

In June 2024, there were 56 new estate agency instructions, 45 agreed home sales and 37 property price reductions.

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.

Property Market Heat Gauge for WS7 (Burntwood) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Morlings Drive, Burntwood, Staffordshire, WS7 2ED	£300,000	£290,000	-£10,000	08 Jan 2024	17 May 2024	130 Days
22 Wordsworth Road, Burntwood, Staffordshire, WS7 2HN	£280,000	£270,000	-£10,000	02 Nov 2023	11 Apr 2024	161 Days
14 Oak Lane, Burntwood, Staffordshire, WS7 2HF	£107,000	£100,000	-£7,000	12 Mar 2011	11 Apr 2024	4779 Days
28 Sycamore Road, Burntwood, Staffordshire, WS7 4RN	£220,000	£213,000	-£7,000	07 Nov 2023	11 Apr 2024	156 Days
62 Chorley Road, Burntwood, Staffordshire, WS7 2NX	£295,000	£292,000	-£3,000	29 Sep 2023	27 Mar 2024	180 Days
20 Hudson Drive, Burntwood, Staffordshire, WS7 0EW	£210,000	£200,000	-£10,000	30 Oct 2023	22 Mar 2024	144 Days
27 Belvedere Close, Burntwood, Staffordshire, WS7 4YR	£300,000	£300,000	£00	21 Jun 2023	21 Mar 2024	274 Days
6 Johnson Road, Burntwood, Staffordshire, WS7 2NL	£125,000	£120,000	-£5,000	23 Jun 2023	21 Mar 2024	272 Days
15 Severn Drive, Burntwood, Staffordshire, WS7 9JE	£480,000	£477,500	-£2,500	27 Apr 2023	15 Mar 2024	323 Days
62 Queen Street, Burntwood, Staffordshire, WS7 4QH	£185,000	£172,500	-£12,500	23 Oct 2023	12 Mar 2024	141 Days
15 Kingfisher Court, Burntwood, Staffordshire, WS7 9QS	£140,000	£132,500	-£7,500	07 Sep 2023	08 Mar 2024	183 Days
30 Blenheim Road, Burntwood, Staffordshire, WS7 2HZ	£209,995	£205,000	-£4,995	23 Oct 2023	04 Mar 2024	133 Days
17 Highfield Avenue, Burntwood, Staffordshire, WS7 9AW	£280,000	£280,000	£00	18 Oct 2023	23 Feb 2024	128 Days
25 Linden Avenue, Chase Terrace, Burntwood, Staffordshire, WS7 2AX	£220,000	£207,775	-£12,225	15 Nov 2023	20 Feb 2024	97 Days
20 Tame Avenue, Burntwood, Staffordshire, WS7 9JQ	£295,000	£280,000	-£15,000	21 Feb 2023	09 Feb 2024	353 Days
3 Nightingale Walk, Burntwood, Staffordshire, WS7 9QH	£600,000	£585,000	-£15,000	04 Sep 2023	08 Feb 2024	157 Days
12 Ashmole Avenue, Burntwood, Staffordshire, WS7 9QG	£520,000	£520,000	£00	23 Aug 2023	19 Jan 2024	149 Days
6 Knight Road, Burntwood, Staffordshire, WS7 1PX	£220,000	£208,000	-£12,000	23 Aug 2023	19 Jan 2024	149 Days
43 Queen Street, Burntwood, Staffordshire, WS7 4QQ	£170,000	£157,000	-£13,000	05 Jul 2023	19 Jan 2024	198 Days
5 Nailers Drive, Burntwood, Staffordshire, WS7 0ES	£200,000	£189,000	-£11,000	01 Sep 2023	12 Jan 2024	133 Days

Most Expensive Streets in WS7 (Burntwood)

Postcode	Street	Area	Average	No. of Sales
WS7 9ED	Fallow Drive	Burntwood	£757,812	8
WS7 0LJ	Overton Lane	Burntwood	£663,332	3
WS7 0HT	Lichfield Road	Burntwood	£658,125	4
WS7 9DQ	Rake Hill	Burntwood	£570,000	3
WS7 9DL	Ogley Vale	Burntwood	£570,000	3
WS7 9BW	Rugeley Road	Burntwood	£551,666	3
WS7 9AU	Bramble Lane	Burntwood	£507,000	3
WS7 9QH	Nightingale Walk	Burntwood	£486,111	9
WS7 9LB	Trevithick Close	Burntwood	£478,000	5
WS7 9EJ	Woodhouses Road	Burntwood	£477,833	3

Least Expensive Streets in WS7 (Burntwood)

Postcode	Street	Area	Average	No. of Sales
WS7 4YT	Edwards Court, Edwards Road	Burntwood	£95,737	4
WS7 1JJ	Eastgate Street	Burntwood	£113,750	4
WS7 4UT	Keepers Close	Burntwood	£118,600	5
WS7 2EY	Longfellow Road	Burntwood	£121,571	7
WS7 3UY	Silverdale Drive	Burntwood	£122,500	4
WS7 1JH	Princess Street	Burntwood	£131,000	3
WS7 9AS	Morley Road	Burntwood	£131,500	3
WS7 4UF	Newgate Street, Chasetown	Burntwood	£141,888	9
WS7 1JQ	New Plant Lane, Chase Terrace	Burntwood	£142,833	9
WS7 0BA	Tudor Park Gardens	Burntwood	£144,375	4