Housing Market Analysis for LAKES CLOSE, DY11 5AJ

Are you looking to understand DY11 5AJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Wyre Forest postcode.

For the location information and nearby amenities in the DY11 5AJ area, explore the DY11 5AJ Area information page.
For comprehensive crime statistics in the DY11 5AJ area, explore the DY11 5AJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DY11 5AJ postcode area, The average prices are as follows,

Terraced
- The average price is around £126,438 median price is £126,000 Standard Deviation is £36,687 with Total Sold: 16
- The Last 5 Year average price is £173,375 with Total Sold: 4
- The most recent sale happened at this postcode is 8 LAKES CLOSE: £190,000 (Sold on 14 Jan 2022)
- The first recorded sale happened at this postcode is 1 LAKES CLOSE: £51,000 (Sold on 20 Nov 1997)
Semi-Detached
- The average price is around £48,500 median price is £55,500 Standard Deviation is £10,255 with Total Sold: 3
- The most recent sale happened at this postcode is 4 LAKES CLOSE: £55,500 (Sold on 14 Jan 2000)
- The first recorded sale happened at this postcode is 4 LAKES CLOSE: £34,000 (Sold on 18 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average DY11 5AJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£190,000	£2,676	1
2021	£175,250	£2,288	2
2019	£153,000	£2,068	1
2016	£135,250	£1,817	2
2015	£117,000	£1,648	1
2014	£125,000	£1,786	1
2012	£108,000	£1,378	1
2011	£118,500	£1,626	2
2007	£127,000	£1,716	1
2006	£120,000	£1,549	2
1999	£54,000		1
1997	£51,000	£678	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£55,500	£740	1
1999	£56,000		1
1995	£34,000	£453	1

All the Sales in the LAKES CLOSE, DY11 5AJ

See the table below for more details on the sold house prices in the DY11 5AJ, Wyre Forest postcode.

Address	Sold Date	Price	% Change
8 LAKES CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	14 Jan 2022	£190,000	38.18%
	05 Jan 2016	£137,500	17.52%
	29 Jul 2015	£117,000	6.36%
	31 Mar 2006	£110,000	First Sale
4 LAKES CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-1966	07 Jul 2021	£180,500	225.23%
	14 Jan 2000	£55,500	63.24%
	18 Dec 1995	£34,000	First Sale
12 LAKES CLOSETerraced, FreeholdArea: 78.4 Sq.mtrAge: 1967-1975	18 Jun 2021	£170,000	27.82%
	04 Jul 2016	£133,000	23.15%
	04 Apr 2012	£108,000	First Sale
10 LAKES CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	29 May 2019	£153,000	20.47%
	04 Jan 2007	£127,000	First Sale
2 LAKES CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-1975	20 Jan 2014	£125,000	8.70%
	31 Aug 2011	£115,000	First Sale
5 LAKES CLOSETerraced, FreeholdArea: 75.82 Sq.mtrAge: 1950-1966	28 Oct 2011	£122,000	First Sale
11 LAKES CLOSETerraced, Leasehold	03 Mar 2006	£130,000	140.74%
11 LAKES CLOSETerraced, Leasehold	30 Nov 1999	£54,000	First Sale
16 LAKES CLOSESemi-Detached, Freehold	07 May 1999	£56,000	First Sale
1 LAKES CLOSETerraced, FreeholdArea: 75.2 Sq.mtrAge: 1967-1975	20 Nov 1997	£51,000	First Sale

Check out the sold house prices near the DY11 5AJ postcode. Properties currently for saleProperties currently for rent

LAKES CLOSE, DY11 5AJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DY11 5AJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the DY11 5AJ postcode.

Semi-Detached
- The average price is around £137,744 median price is £139,950 Standard Deviation is £61,968 with Total Sold: 673
- The Last 5 Year average price is £218,312 with Total Sold: 126
- The most recent sale happened at this postcode is , 239 MARLPOOL LANE: £345,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 20 GARDENERS CLOSE: £59,995 (Sold on 20 Jan 1995)
Detached
- The average price is around £201,423 median price is £193,000 Standard Deviation is £97,798 with Total Sold: 311
- The Last 5 Year average price is £326,331 with Total Sold: 45
- The most recent sale happened at this postcode is , 75 BROOMFIELD ROAD: £415,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 35 MARLPOOL LANE: £105,000 (Sold on 10 Mar 1995)
Flat
- The average price is around £75,302 median price is £85,000 Standard Deviation is £30,601 with Total Sold: 106
- The Last 5 Year average price is £103,130 with Total Sold: 25
- The most recent sale happened at this postcode is , 74 BEAULIEU CLOSE: £129,500 (Sold on 20 Aug 2024)
- The first recorded sale happened at this postcode is , 86 BEAULIEU CLOSE: £40,500 (Sold on 13 Apr 1995)
Terraced
- The average price is around £101,653 median price is £105,000 Standard Deviation is £46,467 with Total Sold: 437
- The Last 5 Year average price is £157,536 with Total Sold: 70
- The most recent sale happened at this postcode is , 5 WHITVILLE CLOSE: £180,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 11 MASON ROAD: £39,000 (Sold on 10 Feb 1995)
Other
- The average price is around £349,200 median price is £305,500 Standard Deviation is £218,782 with Total Sold: 10
- The Last 5 Year average price is £393,857 with Total Sold: 7
- The most recent sale happened at this postcode is , 77 MILL STREET: £100,000 (Sold on 20 Dec 2021)
- The first recorded sale happened at this postcode is , 77 MILL STREET: £75,000 (Sold on 11 Mar 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£264,667	£3,577	6
2023	£225,908	£2,612	20
2022	£243,991	£2,814	29
2021	£221,822	£2,584	18
2020	£199,300	£2,347	20
2019	£192,323	£2,153	33
2018	£192,139	£2,101	19
2017	£180,839	£1,974	19
2016	£162,709	£1,918	28
2015	£158,230	£1,880	28
2014	£141,824	£1,870	17
2013	£135,766	£1,627	16
2012	£145,216	£1,665	25
2011	£145,913	£1,666	15
2010	£150,858	£1,893	12
2009	£134,608	£1,698	14
2008	£139,650	£1,338	10
2007	£148,722	£1,797	20
2006	£154,193	£1,689	35
2005	£148,641	£1,629	28
2004	£138,602	£1,548	25
2003	£123,172	£1,595	23
2002	£100,671	£1,089	24
2001	£83,402	£958	30
2000	£68,935	£859	38
1999	£70,174	£826	34
1998	£61,731	£680	16
1997	£56,969	£670	26
1996	£54,783	£570	30
1995	£50,733	£560	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£375,000		3
2023	£346,000	£4,239	5
2022	£426,067	£3,743	6
2021	£299,353	£3,149	17
2020	£288,250	£2,648	6
2019	£306,875	£2,408	8
2018	£236,454	£2,476	12
2017	£275,577	£2,416	13
2016	£188,429	£2,115	7
2015	£223,557	£1,812	7
2014	£242,070	£2,087	20
2013	£170,750	£1,609	10
2012	£201,750	£2,030	10
2011	£217,833	£1,899	9
2010	£191,475	£2,128	10
2009	£202,333	£1,867	3
2008	£212,312	£2,258	8
2007	£248,250	£1,909	11
2006	£236,000	£2,198	10
2005	£206,028	£1,883	16
2004	£205,041	£1,701	11
2003	£169,362	£1,823	8
2002	£168,562	£1,521	23
2001	£136,843	£944	14
2000	£105,777	£1,185	9
1999	£95,231	£811	16
1998	£98,100	£1,064	14
1997	£105,400	£1,109	11
1996	£69,363	£800	11
1995	£115,000	£640	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£126,250		2
2022	£105,083	£1,977	6
2021	£98,600	£1,576	5
2020	£107,500	£1,822	1
2019	£99,524	£1,931	11
2018	£84,167	£1,549	3
2016	£90,250	£1,731	4
2015	£88,333	£1,536	3
2013	£85,000		1
2012	£100,000	£1,785	1
2011	£93,500	£1,773	2
2010	£113,250	£1,916	6
2007	£101,400	£2,180	5
2006	£90,375	£1,932	2
2005	£95,375	£1,793	4
2004	£92,983	£1,809	3
2003	£70,833	£1,448	3
2002	£71,500	£1,071	4
2001	£46,280	£966	5
2000	£45,400	£851	5
1999	£42,992	£816	7
1998	£38,000	£986	4
1997	£37,583	£846	6
1996	£38,964	£751	7
1995	£36,250	£735	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,714	£1,341	7
2023	£156,150	£2,391	10
2022	£194,607	£2,832	7
2021	£159,861	£2,195	22
2020	£138,261	£2,158	9
2019	£150,167	£1,974	15
2018	£137,292	£2,017	12
2017	£136,273	£1,827	11
2016	£129,968	£1,735	17
2015	£106,768	£1,562	11
2014	£113,242	£1,590	13
2013	£93,400	£1,539	5
2012	£101,874	£1,555	4
2011	£110,688	£1,538	8
2010	£111,029	£1,503	7
2009	£119,750	£1,485	6
2008	£117,912	£1,746	12
2007	£125,377	£1,803	24
2006	£127,674	£1,732	17
2005	£118,558	£1,626	13
2004	£107,510	£1,495	35
2003	£106,831	£1,469	16
2002	£88,314	£1,280	28
2001	£59,815	£902	24
2000	£54,709	£861	16
1999	£48,924	£631	18
1998	£44,330	£654	25
1997	£39,814	£573	21
1996	£39,496	£546	12
1995	£37,188	£534	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£254,250	£2,562	4
2019	£580,000		3
2015	£245,000	£1,194	3

House Type in DY11 5AJ area

The most common house types in the DY11 5AJ postcode area are Semi-detached (73), Terraced (42), and Detached (12).

Total	127
Semi-detached	73
Terraced	42
Detached	12
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	45
Private rented: Private landlord or letting agency	19
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the DY11 5AJ have 2 people in household (49), and 1 person in household (28).

2 people in household	49
1 person in household	28
4 people in household	24
3 people in household	21
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0