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House Prices in WV5 House Prices in WV5 (Wolverhampton)

The average house price in WV5 (Wolverhampton) is £291,395 using HM Land Registry data.

The average property price increased by £85,718 (15.51%) over the last 5 years and increased by £17,175 (2.52%) over the last 12 months.

Over the last year, there were 127 residential property sales – a decrease of 65 transactions (-51.18%) relative to the previous year. The majority of house sales (36) were in the £264,000 - £338,000 range. Then came properties in the £190,000 - £264,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,612 (-3%).

In Dec 24, there were 11 new estate agency instructions, 11 agreed home sales and 10 property price reductions.

Nearby Postcodes: DY1, DY10, DY11, DY12, DY3, DY5, DY6, DY7, DY8, TF11, WV1, WV10, WV14, WV15, WV16, WV2, WV3, WV4, WV6, WV7, WV8, WV9

5-Year Average Property Prices in WV5 (Wolverhampton)

15.51%

Property prices in Wolverhampton increased by 15.51% 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 WV5 (Wolverhampton) Over the Last Year

2.52%

Property prices in Wolverhampton increased by 2.52% 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 WV5 (Wolverhampton) - 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 WV5 (Wolverhampton)

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 WV5 (Wolverhampton)

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 WV5 (Wolverhampton)

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 WV5 (Wolverhampton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV5 postcode area since 1995.

Recent Sales in WV5 (Wolverhampton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
99 Giggetty Lane, Wombourne, Wolverhampton, Staffordshire, WV5 0AY£299,950£293,000-£6,95002 May 202414 Nov 2024196 Days
11 Honeybourne Crescent, Wombourne, Wolverhampton, Staffordshire, WV5 0EP£200,000£200,000£0024 Jun 202408 Nov 2024137 Days
4 Green Meadow Close, Wombourne, Wolverhampton, Staffordshire, WV5 8JN£229,995£225,500-£4,49531 Jul 202431 Oct 202492 Days
43 Bumblehole Meadows, Wombourne, Wolverhampton, Staffordshire, WV5 8BG£260,000£250,000-£10,00002 May 202428 Oct 2024179 Days
11 Holloway Drive, Wombourne, Wolverhampton, Staffordshire, WV5 0PA£400,000£400,000£0015 Aug 202428 Oct 202474 Days
24 Hazel Grove, Wombourne, Wolverhampton, Staffordshire, WV5 9EQ£230,000£230,000£0027 Jul 202428 Oct 202493 Days
53 Penleigh Gardens, Wombourne, Wolverhampton, Staffordshire, WV5 8EJ£450,000£440,000-£10,00025 Mar 202423 Oct 2024212 Days
4 Lindale Drive, Wombourne, Wolverhampton, Staffordshire, WV5 8DZ£310,000£308,000-£2,00026 Jul 202322 Oct 2024454 Days
86 Van Diemans Road, Wombourne, Wolverhampton, Staffordshire, WV5 0DE£265,000£250,000-£15,00014 Mar 202418 Oct 2024218 Days
10 Planks Lane, Wombourne, Wolverhampton, Staffordshire, WV5 9HE£323,000£305,000-£18,00003 Apr 202418 Oct 2024198 Days
10 Orton Lane, Wombourne, Wolverhampton, Staffordshire, WV5 9AW£295,000£285,000-£10,00031 Jan 202416 Oct 2024259 Days
54 Millfields Way, Wombourne, Wolverhampton, Staffordshire, WV5 8JQ£265,000£260,000-£5,00010 May 202411 Oct 2024154 Days
3 Ebstree Meadow, Seisdon, Wolverhampton, Staffordshire, WV5 7JJ£745,000£710,000-£35,00028 Jun 202411 Oct 2024105 Days
5 Bratch Common Road, Wombourne, Wolverhampton, Staffordshire, WV5 8DG£435,000£430,000-£5,00030 Sep 202430 Sep 20240 Days
54 Planks Lane, Wombourne, Wolverhampton, Staffordshire, WV5 9HG£259,950£255,000-£4,95020 May 202426 Sep 2024129 Days
19 Forge Valley Way, Wombourne, Wolverhampton, Staffordshire, WV5 8JP£295,000£285,000-£10,00016 Feb 202423 Aug 2024189 Days
3 Greenfields Road, Wombourne, Wolverhampton, Staffordshire, WV5 0HP£325,000£320,000-£5,00009 Apr 202416 Aug 2024129 Days
3 Swinford Leys, Wombourne, Wolverhampton, Staffordshire, WV5 8HT£219,950£217,950-£2,00021 Mar 202409 Aug 2024141 Days
83 Meadow Lane, Wombourne, Wolverhampton, Staffordshire, WV5 9BT£135,000£128,000-£7,00022 Feb 202426 Jul 2024155 Days
84 Ounsdale Road, Wombourne, Wolverhampton, Staffordshire, WV5 8BH£350,000£350,000£0004 Apr 202424 Jul 2024111 Days

Most Expensive Streets in WV5 (Wolverhampton)

PostcodeStreetAreaAverageNo. of Sales
WV5 7DPLodge Park, ClaverleyWolverhampton£751,6663
WV5 7HHLower Lanes Meadow, SeisdonWolverhampton£748,3333
WV5 7EADraycottWolverhampton£736,5004
WV5 7DWThe Paddock, ClaverleyWolverhampton£685,0003
WV5 0LBSytch Lane, WombourneWolverhampton£636,0005
WV5 7HAPost Office Road, SeisdonWolverhampton£599,95413
WV5 7JFSeisdon Road, TrysullWolverhampton£590,0003
WV5 7AXLong Common, ClaverleyWolverhampton£570,0003
WV5 9BNStourbridge Road, WombourneWolverhampton£567,5004
WV5 9EUMount Road, WombourneWolverhampton£561,6663

Least Expensive Streets in WV5 (Wolverhampton)

PostcodeStreetAreaAverageNo. of Sales
WV5 9DGManor Gardens, WombourneWolverhampton£106,5836
WV5 0EGDingle Road, WombourneWolverhampton£116,6663
WV5 0NECommon Road, WombourneWolverhampton£131,3124
WV5 0AGDean Road, WombourneWolverhampton£137,8624
WV5 0NNCygnet Court, WombourneWolverhampton£141,94410
WV5 0EBLamb Crescent, WombourneWolverhampton£150,1663
WV5 8HPMillfields Way, WombourneWolverhampton£155,7905
WV5 9DPHigh Street, WombourneWolverhampton£165,3663
WV5 9DYWood Road, WombourneWolverhampton£166,8256
WV5 8HTSwinford Leys, WombourneWolverhampton£179,4086

Explore WV5 (Wolverhampton) using map

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