House Prices in WS8 House Prices in WS8 (Walsall)

The average house price in WS8 (Walsall) is £241,375 using HM Land Registry data.

The average property price increased by £60,368 (19.83%) over the last 5 years and increased by £12,068 (3.12%) over the last 12 months.

Over the last year, there were 127 residential property sales – a decrease of 55 transactions (-43.31%) relative to the previous year. The majority of house sales (28) were in the £184,000 - £216,000 range. Then came properties in the £152,000 - £184,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 51 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,045 (-2%).

In June 2024, there were 22 new estate agency instructions, 25 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in WS8 (Walsall)

19.83%

Property prices in Walsall increased by 19.83% 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 WS8 (Walsall) Over the Last Year

3.12%

Property prices in Walsall increased by 3.12% 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 WS8 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 WS8 (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 WS8 (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 WS8 (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 WS8 (Walsall) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WS8 postcode area since 1995.

Recent Sales in WS8 (Walsall)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
109 Barnetts Lane, Brownhills, Walsall, West Midlands, WS8 6PA£180,000£177,500-£2,50012 Feb 202430 Apr 202478 Days
26 Seeds Lane, Walsall, West Midlands, WS8 6HU£250,000£243,000-£7,00006 Nov 202319 Apr 2024165 Days
21 Poole Crescent, Walsall, West Midlands, WS8 7LY£175,000£165,000-£10,00003 Oct 202314 Feb 2024134 Days
62 Seeds Lane, Walsall, West Midlands, WS8 6HU£400,000£395,000-£5,00006 Sep 202302 Feb 2024149 Days
174 Watling Street, Brownhills, Walsall, West Midlands, WS8 7LU£235,000£231,000-£4,00006 Nov 202302 Feb 202488 Days
34 Bridge Street, Brownhills, Walsall, West Midlands, WS8 7DX£270,000£270,000£0007 Aug 202320 Dec 2023135 Days
1 Lapwing Close, Brownhills, Walsall, West Midlands, WS8 6HB£129,950£125,000-£4,95027 Jan 202318 Dec 2023325 Days
9 Mill Road, Brownhills, Walsall, West Midlands, WS8 6BE£210,000£210,000£0018 Aug 202311 Dec 2023115 Days
2 Warren Place, Walsall, West Midlands, WS8 6BY£220,000£215,000-£5,00017 Aug 202324 Nov 202399 Days
51 Lichfield Road, Brownhills, Walsall, West Midlands, WS8 6HR£300,000£250,000-£50,00026 Dec 202213 Nov 2023322 Days
41 Knaves Castle Avenue, Walsall, West Midlands, WS8 7PN£239,000£236,750-£2,25001 Jul 202303 Nov 2023125 Days
101 Catshill Road, Walsall, West Midlands, WS8 6BN£199,950£192,000-£7,95008 Aug 202327 Oct 202380 Days
111 Catshill Road, Walsall, West Midlands, WS8 6BN£190,000£172,000-£18,00002 Jun 202306 Oct 2023126 Days
44 Blithfield Road, Walsall, West Midlands, WS8 7NH£275,000£268,000-£7,00020 Jul 202306 Oct 202378 Days
19 Collins Road, Walsall, West Midlands, WS8 7AW£280,000£277,000-£3,00005 May 202329 Sep 2023147 Days
19 Lapwing Close, Brownhills, Walsall, West Midlands, WS8 6HB£125,000£118,000-£7,00016 Feb 202329 Sep 2023225 Days
16 Anglesey Road, Walsall, West Midlands, WS8 7NU£220,000£200,000-£20,00021 Sep 202229 Sep 2023373 Days
30 Paterson Place, Walsall, West Midlands, WS8 6DR£159,950£150,000-£9,95019 Jun 202315 Sep 202388 Days
1a, Friezland Lane, Walsall, West Midlands, WS8 7AA£270,000£268,000-£2,00017 Apr 202314 Sep 2023150 Days
130 Hednesford Road, Walsall, West Midlands, WS8 7LZ£187,000£183,000-£4,00011 May 202308 Sep 2023120 Days

Most Expensive Streets in WS8 (Walsall)

PostcodeStreetAreaAverageNo. of Sales
WS8 7JPChester Road North, BrownhillsWalsall£390,0003
WS8 7RDCornflower Road, ClayhangerWalsall£349,0005
WS8 6DBBulrush Close, BrownhillsWalsall£340,9374
WS8 6GBSandpiper Close, BrownhillsWalsall£312,5004
WS8 7RALarkspur Way, ClayhangerWalsall£301,0559
WS8 6HUSeeds LaneWalsall£295,9166
WS8 7DJPelsall RoadWalsall£292,4005
WS8 7LUWatling Street, BrownhillsWalsall£291,0004
WS8 6GEWatermead Grange, BrownhillsWalsall£284,6663
WS8 7AEHillsideWalsall£279,0003

Least Expensive Streets in WS8 (Walsall)

PostcodeStreetAreaAverageNo. of Sales
WS8 7ABHillside CloseWalsall£96,9287
WS8 6DJKnaves Court, High Street, BrownhillsWalsall£99,0229
WS8 7EERose DriveWalsall£107,7503
WS8 6HBLapwing Close, BrownhillsWalsall£120,85010
WS8 7DEPauls CoppiceWalsall£121,3005
WS8 6FDSwanside Court, Lindon CloseWalsall£122,2857
WS8 7SZRushbrook Close, ClayhangerWalsall£124,3734
WS8 6BWFullelove RoadWalsall£126,4005
WS8 6ERSilver Street, BrownhillsWalsall£131,0003
WS8 7EDDingle RoadWalsall£138,5253

Explore WS8 (Walsall) using map