You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in WV6

House Prices in WV6

The average house price in WV6 (Wolverhampton) is £236,644 using HM Land Registry data.

The average property price increased by £78,353 (50.15%) over the last 5 years and increased by £15,664 (6.51%) over the last 12 months.

Over the last year, there were 344 residential property sales – a decrease of 191 transactions (-55.52%) relative to the previous year. The majority of house sales (89) were in the £194,000 - £278,000 range. Then came properties in the £110,000 - £194,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In June 2024, there were 83 new estate agency instructions, 61 agreed home sales and 50 property price reductions.

5-Year Average Property Prices in WV6 (Wolverhampton)

50.15%

Property prices in Wolverhampton increased by 50.15% 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 WV6 (Wolverhampton) Over the Last Year

6.51%

Property prices in Wolverhampton increased by 6.51% 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 WV6 (Wolverhampton) - 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 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 WV6 (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 WV6 (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 WV6 (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 WV6 (Wolverhampton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV6 postcode area since 1995.

Recent Sales in WV6 (Wolverhampton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
17 Bowen Cooke Avenue, Perton, Wolverhampton, Staffordshire, WV6 7YG	£205,000	£204,000	-£1,000	06 Dec 2023	11 Apr 2024	127 Days
105b, Cornwall Road, Wolverhampton, West Midlands, WV6 8UY	£99,950	£80,000	-£19,950	17 Nov 2022	28 Mar 2024	497 Days
16 Chester Avenue, Wolverhampton, West Midlands, WV6 9JU	£240,000	£234,000	-£6,000	22 Nov 2023	28 Mar 2024	127 Days
77 Crowther Road, Wolverhampton, West Midlands, WV6 0HX	£215,000	£215,000	£00	22 Aug 2023	28 Mar 2024	219 Days
5 Sandown Drive, Perton, Wolverhampton, Staffordshire, WV6 7PS	£235,000	£221,500	-£13,500	19 Jul 2023	25 Mar 2024	250 Days
3 Corfton Drive, Tettenhall, Wolverhampton, West Midlands, WV6 8NR	£575,000	£560,000	-£15,000	26 Aug 2023	22 Mar 2024	209 Days
2 Knights Avenue, Wolverhampton, West Midlands, WV6 9QA	£439,950	£430,000	-£9,950	13 Oct 2023	21 Mar 2024	160 Days
5 Nash Avenue, Wolverhampton, Staffordshire, WV6 7SS	£320,000	£320,000	£00	02 Sep 2023	11 Mar 2024	191 Days
37 Quail Green, Wolverhampton, West Midlands, WV6 8DF	£579,950	£570,000	-£9,950	13 Nov 2023	04 Mar 2024	112 Days
148 Bridgnorth Road, Wolverhampton, West Midlands, WV6 8BE	£349,950	£320,500	-£29,450	01 Jul 2023	04 Mar 2024	247 Days
6 Coniston Road, Wolverhampton, West Midlands, WV6 9DS	£268,000	£250,000	-£18,000	28 Sep 2023	01 Mar 2024	155 Days
36 Cranmere Avenue, Wolverhampton, West Midlands, WV6 8TS	£445,000	£440,000	-£5,000	24 Oct 2023	15 Feb 2024	114 Days
4 Gainsborough Drive, Wolverhampton, Staffordshire, WV6 7NR	£140,000	£130,000	-£10,000	25 Oct 2023	13 Feb 2024	111 Days
6 Regina Crescent, Wolverhampton, West Midlands, WV6 8JG	£205,000	£200,000	-£5,000	23 Oct 2023	05 Feb 2024	105 Days
3 High Meadows, Wolverhampton, West Midlands, WV6 8PH	£385,000	£360,000	-£25,000	04 Aug 2023	05 Feb 2024	185 Days
16 Hunter Street, Wolverhampton, West Midlands, WV6 0QZ	£90,000	£72,022	-£17,978	08 Dec 2021	01 Feb 2024	785 Days
5 Edward Road, Perton, Wolverhampton, Staffordshire, WV6 7NA	£270,000	£270,000	£00	02 Aug 2023	25 Jan 2024	176 Days
53 Canterbury Drive, Perton, Wolverhampton, Staffordshire, WV6 7XB	£70,000	£64,000	-£6,000	19 Jul 2023	24 Jan 2024	189 Days
8 Penda Grove, Perton, Wolverhampton, Staffordshire, WV6 7NW	£268,000	£253,000	-£15,000	28 Jul 2023	20 Dec 2023	145 Days
4 Livingstone Avenue, Perton, Wolverhampton, Staffordshire, WV6 7TF	£195,000	£188,500	-£6,500	26 Aug 2023	20 Dec 2023	116 Days

Most Expensive Streets in WV6 (Wolverhampton)

Postcode	Street	Area	Average	No. of Sales
WV6 7HD	Pattingham Road, Perton	Wolverhampton	£980,833	6
WV6 8DN	Perton Road	Wolverhampton	£858,333	3
WV6 8TD	Wergs Road, Tettenhall	Wolverhampton	£811,237	4
WV6 8ED	Elmsdale	Wolverhampton	£714,166	3
WV6 8SJ	Wrottesley Road, Tettenhall	Wolverhampton	£698,333	3
WV6 7AU	Great Moor Road, Pattingham	Wolverhampton	£687,500	4
WV6 7HH	Warstones Hill Road, Nurton	Wolverhampton	£684,375	4
WV6 7WB	Maltings Close, Ackleton	Wolverhampton	£660,000	4
WV6 8UQ	Yew Tree Lane, Tettenhall	Wolverhampton	£641,000	3
WV6 7ED	Spoonley Gate, Pattingham	Wolverhampton	£631,000	3

Least Expensive Streets in WV6 (Wolverhampton)

Postcode	Street	Area	Average	No. of Sales
WV6 7XT	Elgin Court	Wolverhampton	£62,199	5
WV6 0LR	The Lindens	Wolverhampton	£79,300	5
WV6 7TH	Darwin Court	Wolverhampton	£81,000	3
WV6 9NY	Willowdale Grange	Wolverhampton	£83,266	9
WV6 0LS	The Lindens	Wolverhampton	£84,780	13
WV6 0DY	Riches House, Riches Street, Wolverhampton	Wolverhampton	£91,714	7
WV6 7XR	Jedburgh Avenue	Wolverhampton	£95,166	6
WV6 0PR	Leicester Street	Wolverhampton	£95,250	10
WV6 7UY	Bader Road	Wolverhampton	£95,555	9
WV6 0PF	Carter Road	Wolverhampton	£100,250	4