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House Prices in WV1 House Prices in WV1 (Willenhall)

The average house price in WV1 (Willenhall) is £184,562 using HM Land Registry data.

The average property price increased by £50,856 (31.28%) over the last 5 years and increased by £10,188 (4.56%) over the last 12 months.

Over the last year, there were 61 residential property sales – a decrease of 53 transactions (-86.89%) relative to the previous year. The majority of house sales (15) were in the £176,000 - £208,000 range. Then came properties in the £112,000 - £144,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 190 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,663 (-2%).

In January 2025, there were 14 new estate agency instructions, 8 agreed home sales and 7 property price reductions.

Nearby Postcodes: DY1, DY12, DY14, DY3, DY4, DY7, ST19, SY7, SY8, TF11, TF12, TF13, TF8, WS10, WS11, WS2, WS3, WS6, WV10, WV11, WV12, WV13, WV14, WV15, WV16, WV2, WV3, WV4, WV5, WV6, WV7, WV8, WV9

5-Year Average Property Prices in WV1 (Willenhall)

31.28%

Property prices in WV1 (Willenhall) increased by 31.28% 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 WV1 (Willenhall) Over the Last Year

4.56%

Property prices in WV1 (Willenhall) increased by 4.56% 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 WV1 (Willenhall) - January 2025

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 WV1 (Willenhall)

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 WV1 (Willenhall)

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 WV1 (Willenhall)

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 WV1 (Willenhall) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV1 postcode area since 1995.

Recent Sales in WV1 (Willenhall)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
30 Great Hampton Street, Wolverhampton, West Midlands, WV1 4AX£180,000£172,000-£8,00006 Apr 202422 Nov 2024230 Days
25 Lewis Avenue, Eastfield, Wolverhampton, West Midlands, WV1 2AZ£180,000£180,000£015 Jul 202425 Oct 2024102 Days
107 Helming Drive, Wolverhampton, West Midlands, WV1 2AH£180,000£175,000-£5,00003 Jun 202425 Oct 2024144 Days
8 Ledbury Drive, Wolverhampton, West Midlands, WV1 2DU£170,000£170,000£022 Jul 202418 Oct 202488 Days
29 Bath Avenue, Wolverhampton, West Midlands, WV1 4EG£350,000£310,000-£40,00023 Oct 202330 Sep 2024343 Days
73 Parklands Road, Wolverhampton, West Midlands, WV1 2DJ£230,000£217,000-£13,00018 Apr 202426 Jul 202499 Days
Flat 22, West Park Court, Connaught Road, Wolverhampton, West Midlands, WV1 4SQ£110,000£110,000£011 Dec 202312 Jul 2024214 Days
9 Stanton Road, Wolverhampton, West Midlands, WV1 2RJ£250,000£245,000-£5,00005 Feb 202408 Jul 2024154 Days
76 Deans Road, Eastfield, Wolverhampton, West Midlands, WV1 2BH£175,000£175,000£019 Feb 202424 May 202495 Days
Flat 1a, Old Schoolhouse Mews, Park Dale West, Wolverhampton, West Midlands, WV1 4TE£170,000£170,000£019 Oct 202318 Apr 2024182 Days
172 Deans Road, Eastfield, Wolverhampton, West Midlands, WV1 2BA£190,000£183,500-£6,50005 Feb 202417 Apr 202472 Days
205 Deans Road, Eastfield, Wolverhampton, West Midlands, WV1 2BB£220,000£220,000£014 Jan 202412 Apr 202489 Days
3a, East Park Way, Wolverhampton, West Midlands, WV1 2DN£130,000£115,000-£15,00026 Sep 202310 Apr 2024197 Days
45 East Park Way, Wolverhampton, West Midlands, WV1 2DN£205,000£205,000£008 Jan 202428 Mar 202480 Days
104 Old Heath Road, Wolverhampton, West Midlands, WV1 2SA£169,500£164,500-£5,00014 Dec 202308 Mar 202485 Days
7a, Kelsall Close, Eastfield, Wolverhampton, West Midlands, WV1 2LX£87,000£87,000£030 Oct 202329 Feb 2024122 Days
23 Park Road West, Wolverhampton, West Midlands, WV1 4PN£399,950£380,000-£19,95026 May 202316 Feb 2024266 Days
168 Deans Road, Eastfield, Wolverhampton, West Midlands, WV1 2BA£130,000£130,000£027 Oct 202331 Jan 202496 Days
182 Old Heath Road, Wolverhampton, West Midlands, WV1 2RU£220,000£220,000£003 Jan 202426 Jan 202423 Days
125 Stowheath Lane, Wolverhampton, West Midlands, WV1 2QL£250,000£245,000-£5,00028 Oct 202323 Jan 202487 Days

Most Expensive Streets in WV1 (Willenhall)

PostcodeStreetAreaAverageNo. of Sales
WV1 4TEPark Dale West, WolverhamptonWillenhall£372,3333
WV1 4PNPark Road West, WolverhamptonWillenhall£274,5004
WV1 2DQPlascom Road, WolverhamptonWillenhall£186,1666
WV1 2RJStanton Road, WolverhamptonWillenhall£185,8333
WV1 2BBDeans Road, EastfieldWillenhall£180,9005
WV1 2NEBrooklands Parade, WolverhamptonWillenhall£178,8333
WV1 2DDAstbury Close, WolverhamptonWillenhall£175,8333
WV1 2QECavendish Road, WolverhamptonWillenhall£173,2504
WV1 2DHPlascom Road, WolverhamptonWillenhall£173,0003
WV1 2TLHawthorn Road, Stow HeathWillenhall£172,6663

Least Expensive Streets in WV1 (Willenhall)

PostcodeStreetAreaAverageNo. of Sales
WV1 4SSMalcolm Court, Lower VauxhallWillenhall£51,0836
WV1 4SQWest Park Court, Connaught RoadWillenhall£96,3754
WV1 4RRMostyn Street, WolverhamptonWillenhall£98,8005
WV1 2TBHargreaves Street, WolverhamptonWillenhall£100,6005
WV1 3EJAlbion Street, WolverhamptonWillenhall£103,77211
WV1 2NXEssington Way, EastfieldWillenhall£104,7504
WV1 4PFRugby Street, WolverhamptonWillenhall£107,6773
WV1 2JQWillenhall Road, WolverhamptonWillenhall£111,7188
WV1 2HYWillenhall Road, WolverhamptonWillenhall£111,8336
WV1 3EGAlbion Street, WolverhamptonWillenhall£113,7229

Explore WV1 (Willenhall) using map

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