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

Pelsall House Prices

The average house price in Pelsall is £233,857 using HM Land Registry data.

The average property price increased by £63,394 (33.2%) over the last 5 years and increased by £12,673 (5.24%) over the last 12 months.

Over the last year, there were 99 residential property sales – a decrease of 15 transactions (-15.15%) relative to the previous year. The majority of house sales (29) were in the £192,000 - £234,000 range. Then came properties in the £234,000 - £276,000 range, where 23 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 £-5,945 (-2%).

In Oct 24, there were 22 new estate agency instructions, 19 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Pelsall

33.2%

Property prices in Pelsall increased by 33.2% 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 Pelsall Over the Last Year

5.24%

Property prices in Pelsall increased by 5.24% 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 Pelsall - 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 Pelsall

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 Pelsall

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 Pelsall

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 Pelsall since 1995

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

Recent Property Sales in Pelsall

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Wolverhampton Road, Pelsall, Walsall, West Midlands, WS3 4AA	£365,000	£365,000	£00	04 May 2024	29 Jul 2024	86 Days
35 Dovedale Avenue, Walsall, West Midlands, WS3 4HG	£275,000	£268,000	-£7,000	27 Nov 2023	21 Jun 2024	207 Days
8 Farriers Mill, Pelsall, Walsall, West Midlands, WS3 4QZ	£225,000	£213,000	-£12,000	26 Feb 2024	14 Jun 2024	109 Days
4 Millers Walk, Pelsall, Walsall, West Midlands, WS3 4QS	£310,000	£300,000	-£10,000	07 Nov 2023	14 Jun 2024	220 Days
53 Millers Walk, Pelsall, Walsall, West Midlands, WS3 4QS	£325,000	£310,000	-£15,000	06 Nov 2023	17 May 2024	193 Days
10 Laburnum Close, Walsall, West Midlands, WS3 4LD	£280,000	£272,500	-£7,500	19 Sep 2023	23 Apr 2024	217 Days
19 Fairburn Crescent, Pelsall, Walsall, West Midlands, WS3 4PU	£385,000	£375,000	-£10,000	23 Nov 2023	26 Mar 2024	124 Days
48 Shireview Road, Walsall, West Midlands, WS3 4EA	£250,000	£245,000	-£5,000	09 Nov 2023	08 Mar 2024	120 Days
3 Fingerpost Drive, Pelsall, Walsall, West Midlands, WS3 4AP	£190,000	£183,000	-£7,000	09 Aug 2023	07 Mar 2024	211 Days
1 Enterprise Grove, Pelsall, Walsall, West Midlands, WS3 4PY	£500,000	£480,000	-£20,000	09 Nov 2023	05 Mar 2024	117 Days
53 St Pauls Crescent, Walsall, West Midlands, WS3 4ET	£180,000	£175,000	-£5,000	29 Aug 2023	01 Mar 2024	185 Days
77 Gilpin Crescent, Walsall, West Midlands, WS3 4HX	£275,000	£260,000	-£15,000	30 Nov 2023	16 Feb 2024	78 Days
106 Clockmill Road, Walsall, West Midlands, WS3 4AJ	£235,000	£235,000	£00	01 Nov 2023	14 Feb 2024	105 Days
50 Norbury Avenue, Walsall, West Midlands, WS3 4NE	£295,000	£295,000	£00	21 Jul 2023	09 Feb 2024	203 Days
39 Wilkes Close, Pelsall, Walsall, West Midlands, WS3 4QP	£210,000	£205,000	-£5,000	29 Sep 2023	09 Feb 2024	133 Days
186 Wolverhampton Road, Pelsall, Walsall, West Midlands, WS3 4AQ	£175,000	£150,000	-£25,000	05 Jun 2023	26 Jan 2024	235 Days
67 Old Town Lane, Walsall, West Midlands, WS3 4NJ	£160,000	£152,500	-£7,500	11 Aug 2023	19 Jan 2024	161 Days
15 St Pauls Crescent, Walsall, West Midlands, WS3 4EP	£239,000	£239,000	£00	26 Sep 2023	20 Dec 2023	85 Days
36 Hall Lane, Pelsall, Walsall, West Midlands, WS3 4JN	£425,000	£400,000	-£25,000	25 Jul 2023	20 Dec 2023	148 Days
54 Charles Crescent, Walsall, West Midlands, WS3 5BH	£185,000	£182,000	-£3,000	11 Jul 2023	06 Dec 2023	148 Days

Most Expensive Streets in Pelsall

Postcode	Street	Area	Average	No. of Sales
WS3 4QL	Commonside	Pelsall	£422,333	3
WS3 4JN	Hall Lane	Pelsall	£401,875	4
WS3 4QX	Larks Mill	Pelsall	£376,460	5
WS3 4PU	Fairburn Crescent	Pelsall	£362,400	5
WS3 5EU	White Hollies	Pelsall	£361,666	3
WS3 4QS	Millers Walk	Pelsall	£336,428	7
WS3 4PB	Canterbury Close	Walsall	£311,666	3
WS3 4BQ	Station Road	Pelsall	£308,333	3
WS3 4LB	Spinney Close	Walsall	£304,650	3
WS3 4LH	Marlpool Drive	Pelsall	£302,118	8

Least Expensive Streets in Pelsall

Postcode	Street	Area	Average	No. of Sales
WS3 4NW	Windrush Close	Walsall	£115,200	5
WS3 5DG	Riddings Crescent	Walsall	£139,500	5
WS3 5DH	Hollands Way	Walsall	£147,666	3
WS3 4QH	Foundry Lane	Walsall	£148,200	5
WS3 4AP	Fingerpost Drive	Pelsall	£157,500	4
WS3 4AR	Thatchwood Close	Pelsall	£162,125	4
WS3 4EN	St Andrews Avenue	Walsall	£162,483	3
WS3 4LJ	Windrush Close	Pelsall	£168,830	25
WS3 4ET	St Pauls Crescent	Walsall	£170,428	7
WS3 4AN	Clockmill Avenue	Walsall	£170,625	4