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House Prices in WV6 House Prices in WV6 (Wolverhampton)

The average house price in WV6 (Wolverhampton) is £316,592 using HM Land Registry data.

The average property price increased by £68,925 (50.15%) over the last 5 years and increased by £13,810 (6.51%) over the last 12 months.

Over the last year, there were 318 residential property sales – a decrease of 149 transactions (-46.86%) relative to the previous year. The majority of house sales (89) were in the £208,000 - £296,000 range. Then came properties in the £120,000 - £208,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In Oct 24, there were 69 new estate agency instructions, 81 agreed home sales and 64 property price reductions.

Nearby Postcodes: DY1, DY10, DY11, DY12, DY14, DY3, DY4, DY7, ST19, ST20, SY7, SY8, TF10, TF11, TF12, TF13, TF2, TF3, TF7, TF8, WS10, WS11, WS2, WS3, WS6, WV1, WV10, WV11, WV12, WV13, WV14, WV15, WV16, WV2, WV3, WV4, WV5, WV7, WV8, WV9, WV98, WV99

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.

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 WV6 (Wolverhampton) - 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Regis Road, Tettenhall, Wolverhampton, West Midlands, WV6 8RW£210,000£195,000-£15,00018 Mar 202412 Jul 2024116 Days
42 Gainsborough Drive, Wolverhampton, Staffordshire, WV6 7NR£299,950£294,000-£5,95024 Jan 202428 Jun 2024156 Days
10 Nursery Walk, Wolverhampton, West Midlands, WV6 8QY£259,950£251,000-£8,95008 Mar 202428 Jun 2024112 Days
9 Nursery Walk, Wolverhampton, West Midlands, WV6 8QY£229,950£222,500-£7,45025 Mar 202428 Jun 202495 Days
28a, Wood Road, Tettenhall Wood, Wolverhampton, West Midlands, WV6 8LS£599,950£599,950£0008 Mar 202427 Jun 2024111 Days
71 Cranmere Avenue, Wolverhampton, West Midlands, WV6 8TR£385,000£385,000£0016 Apr 202427 Jun 202472 Days
3 Woodcote Road, Wolverhampton, West Midlands, WV6 8LP£415,000£415,000£0003 Apr 202426 Jun 202484 Days
50 High Meadows, Wolverhampton, West Midlands, WV6 8PP£145,000£145,000£0020 Feb 202421 Jun 2024122 Days
15 Cornovian Close, Perton, Wolverhampton, Staffordshire, WV6 7NU£280,000£270,000-£10,00024 Jan 202417 Jun 2024145 Days
15 Wrekin Drive, Wergs, Wolverhampton, West Midlands, WV6 8UJ£635,000£625,000-£10,00023 Oct 202312 Jun 2024233 Days
33 Mercia Drive, Perton, Wolverhampton, Staffordshire, WV6 7NE£239,950£239,950£0021 Mar 202431 May 202471 Days
21 Hanover Court, Wolverhampton, West Midlands, WV6 8QL£107,500£103,000-£4,50014 Jun 202329 May 2024350 Days
21 Clifton Road, Wolverhampton, West Midlands, WV6 9AN£575,000£575,000£0029 Jan 202424 May 2024116 Days
68 Burland Avenue, Wolverhampton, West Midlands, WV6 9JL£195,000£185,000-£10,00029 Dec 202320 May 2024143 Days
1 Bodiam Court, Wolverhampton, Staffordshire, WV6 7UX£307,500£280,000-£27,50011 Jan 202415 May 2024125 Days
113 Leicester Street, Wolverhampton, West Midlands, WV6 0PS£160,000£140,000-£20,00024 Jul 202315 May 2024296 Days
3 Broughton Court, Perton, Wolverhampton, Staffordshire, WV6 7RL£275,000£130,913-£144,08724 Aug 201807 May 20242083 Days
11 Cygnet Close, Wolverhampton, West Midlands, WV6 8XR£184,950£182,000-£2,95011 Jan 202403 May 2024113 Days
9 Chelston Drive, Wolverhampton, West Midlands, WV6 0LQ£310,000£310,000£0015 Feb 202430 Apr 202475 Days
23 Stokesay Avenue, Wolverhampton, Staffordshire, WV6 7RS£325,000£320,000-£5,00029 Nov 202312 Apr 2024135 Days

Most Expensive Streets in WV6 (Wolverhampton)

PostcodeStreetAreaAverageNo. of Sales
WV6 8HWMount Road, Tettenhall WoodWolverhampton£900,8333
WV6 7HDPattingham Road, PertonWolverhampton£873,5717
WV6 8DNPerton RoadWolverhampton£858,3333
WV6 8TDWergs Road, TettenhallWolverhampton£811,2374
WV6 7AUGreat Moor Road, PattinghamWolverhampton£770,0003
WV6 8UAKeepers LaneWolverhampton£758,3333
WV6 8EDElmsdaleWolverhampton£714,1663
WV6 8SJWrottesley Road, TettenhallWolverhampton£698,3333
WV6 8TTWoodthorne Road, TettenhallWolverhampton£696,6663
WV6 7HHWarstones Hill Road, NurtonWolverhampton£682,5003

Least Expensive Streets in WV6 (Wolverhampton)

PostcodeStreetAreaAverageNo. of Sales
WV6 7XTElgin CourtWolverhampton£62,1995
WV6 0LRThe LindensWolverhampton£79,3005
WV6 9NYWillowdale GrangeWolverhampton£83,2669
WV6 0LSThe LindensWolverhampton£83,99213
WV6 0PRLeicester StreetWolverhampton£91,00010
WV6 0DYRiches House, Riches Street, WolverhamptonWolverhampton£91,7147
WV6 7XRJedburgh AvenueWolverhampton£95,1666
WV6 7UYBader RoadWolverhampton£99,7508
WV6 0PDGorsebrook RoadWolverhampton£102,2857
WV6 0QZHunter StreetWolverhampton£102,5054

Explore WV6 (Wolverhampton) using map

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