You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in WS1

House Prices in WS1

The average house price in WS1 (Walsall) is £110,125 using HM Land Registry data.

The average property price increased by £65,597 (3.16%) over the last 5 years and increased by £13,114 (0.56%) over the last 12 months.

Over the last year, there were 143 residential property sales – a decrease of 45 transactions (-31.47%) relative to the previous year. The majority of house sales (43) were in the £70,000 - £126,000 range. Then came properties in the £126,000 - £182,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,159 (-3%).

In June 2024, there were 34 new estate agency instructions, 19 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in WS1 (Walsall)

3.16%

Property prices in Walsall increased by 3.16% 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 WS1 (Walsall) Over the Last Year

0.56%

Property prices in Walsall increased by 0.56% 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.

Property Market Heat Gauge for WS1 (Walsall) - 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 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 WS1 (Walsall)

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 WS1 (Walsall)

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 WS1 (Walsall)

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 WS1 (Walsall) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS1 postcode area since 1995.

Recent Sales in WS1 (Walsall)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
118 Broadway West, Walsall, West Midlands, WS1 4DN	£340,000	£325,000	-£15,000	07 Nov 2023	09 May 2024	184 Days
54 Willows Road, Walsall, West Midlands, WS1 2DP	£230,000	£227,000	-£3,000	07 Sep 2023	15 Apr 2024	221 Days
102 Alexandra Road, Walsall, West Midlands, WS1 4AZ	£200,000	£200,000	£00	12 Sep 2023	09 Apr 2024	210 Days
62 Lincoln Road, Walsall, West Midlands, WS1 2DW	£250,000	£231,000	-£19,000	10 Aug 2023	01 Mar 2024	204 Days
1 Canute Close, Walsall, West Midlands, WS1 3JL	£100,000	£86,500	-£13,500	23 Aug 2023	15 Feb 2024	176 Days
61 Broadway West, Walsall, West Midlands, WS1 4DY	£240,000	£232,000	-£8,000	28 Jun 2023	20 Dec 2023	175 Days
95 The Crescent, Walsall, West Midlands, WS1 2DA	£239,950	£225,000	-£14,950	11 Jul 2023	19 Dec 2023	161 Days
7 Parklands Gardens, Walsall, West Midlands, WS1 2NN	£95,000	£93,000	-£2,000	03 May 2023	08 Dec 2023	219 Days
99 Broadway West, Walsall, West Midlands, WS1 4DW	£330,000	£322,000	-£8,000	20 Jul 2023	01 Dec 2023	134 Days
181 Broadway, Walsall, West Midlands, WS1 3HD	£450,000	£445,000	-£5,000	20 Mar 2023	23 Nov 2023	248 Days
278 Broadway North, Walsall, West Midlands, WS1 2PT	£475,000	£455,000	-£20,000	15 Jun 2023	15 Nov 2023	153 Days
5 Gorway Gardens, Walsall, West Midlands, WS1 3BJ	£560,000	£560,000	£00	07 Jun 2023	13 Nov 2023	159 Days
27 Lime Street, Walsall, West Midlands, WS1 2JL	£135,000	£129,000	-£6,000	24 Jul 2023	09 Nov 2023	108 Days
104 The Crescent, Walsall, West Midlands, WS1 2DD	£350,000	£350,000	£00	12 Apr 2023	03 Nov 2023	205 Days
3 Princes Avenue, Walsall, West Midlands, WS1 2PH	£330,000	£314,000	-£16,000	30 Jun 2023	30 Oct 2023	122 Days
12 Grange Street, Walsall, West Midlands, WS1 3LQ	£220,000	£214,000	-£6,000	05 May 2023	30 Oct 2023	178 Days
2 The Limes, Walsall, West Midlands, WS1 2RX	£450,000	£450,000	£00	27 May 2023	24 Oct 2023	150 Days
61 Bescot Street, Walsall, West Midlands, WS1 4HY	£200,000	£198,000	-£2,000	31 May 2023	06 Oct 2023	128 Days
8 Boscobel Road, Walsall, West Midlands, WS1 2PL	£440,000	£430,000	-£10,000	20 Apr 2023	06 Oct 2023	169 Days
233 West Bromwich Road, Walsall, West Midlands, WS1 3HL	£180,000	£172,000	-£8,000	13 Apr 2023	29 Sep 2023	169 Days

Most Expensive Streets in WS1 (Walsall)

Postcode	Street	Area	Average	No. of Sales
WS1 3AY	Jesson Road	Walsall	£733,062	4
WS1 3EZ	Broadway	Walsall	£585,833	6
WS1 2PT	Broadway North	Walsall	£548,875	4
WS1 3JW	Highgate Drive	Walsall	£477,000	4
WS1 3BJ	Gorway Gardens	Walsall	£466,500	5
WS1 3TD	Christ Church Grove	Walsall	£449,375	4
WS1 2RY	Crabtree Road	Walsall	£426,250	4
WS1 2QE	Broadway North	Walsall	£421,000	5
WS1 3TE	St Catharines Close	Walsall	£417,500	4
WS1 2QD	Broadway North	Walsall	£415,000	3

Least Expensive Streets in WS1 (Walsall)

Postcode	Street	Area	Average	No. of Sales
WS1 1YA	Fordbrook Court, Hatherton Road	Walsall	£53,625	4
WS1 3DR	Sandwell Street	Walsall	£64,866	3
WS1 1PT	Leicester Street	Walsall	£68,375	4
WS1 2QN	Elmsdale Court, Birmingham Road	Walsall	£71,000	6
WS1 4HU	Spout Lane	Walsall	£72,833	3
WS1 1EG	Terret Close	Walsall	£81,199	8
WS1 2PF	Mayfield Court, Sutton Road	Walsall	£87,250	4
WS1 2QH	Arboretum Road	Walsall	£89,450	10
WS1 2PE	Elm Court, Sutton Road	Walsall	£89,861	9
WS1 2NW	Parklands Gardens	Walsall	£90,500	5