Housing Market Analysis for MELROSE DRIVE, WS12 4LU

Are you looking to understand WS12 4LU 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 Cannock Chase postcode.

For the location information and nearby amenities in the WS12 4LU area, explore the WS12 4LU Area information page.
For comprehensive crime statistics in the WS12 4LU area, explore the WS12 4LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WS12 4LU postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £133,609 median price is £132,500 Standard Deviation is £57,004 with Total Sold: 16
- The Last 5 Year average price is £226,667 with Total Sold: 3
- The most recent sale happened at this postcode is 2 MELROSE DRIVE: £270,000 (Sold on 20 Jun 2022)
- The first recorded sale happened at this postcode is 2 MELROSE DRIVE: £53,400 (Sold on 03 Apr 1998)
Detached
- The average price is around £148,822 median price is £124,950 Standard Deviation is £75,627 with Total Sold: 9
- The most recent sale happened at this postcode is 20 MELROSE DRIVE: £325,000 (Sold on 24 Jul 2018)
- The first recorded sale happened at this postcode is 20 MELROSE DRIVE: £71,000 (Sold on 28 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average WS12 4LU 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£270,000	£3,649	1
2021	£205,000	£1,954	2
2016	£140,000	£1,414	1
2014	£134,983	£1,366	3
2013	£106,000	£1,413	1
2006	£150,650	£1,602	3
2002	£89,950	£1,216	1
2001	£77,000	£975	1
2000	£69,000	£585	1
1999	£65,500	£885	1
1998	£53,400	£722	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£255,000	£2,048	2
2016	£165,000	£2,060	1
2010	£157,975	£1,795	2
2002	£98,750	£822	2
1999	£79,950	£439	1
1997	£71,000	£390	1

All the Sales in the MELROSE DRIVE, WS12 4LU

See the table below for more details on the sold house prices in the WS12 4LU, Cannock Chase postcode.

Address	Sold Date	Price	% Change
2 MELROSE DRIVESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1976-1982	20 Jun 2022	£270,000	200.17%
	26 Apr 2002	£89,950	37.33%
	15 Oct 1999	£65,500	22.66%
	03 Apr 1998	£53,400	First Sale
17 MELROSE DRIVESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1967-1975	30 Apr 2021	£200,000	36.99%
	20 Oct 2006	£146,000	First Sale
19 MELROSE DRIVESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1967-1975	12 Apr 2021	£210,000	204.35%
	10 Nov 2000	£69,000	First Sale
20 MELROSE DRIVEDetached, FreeholdArea: 182 Sq.mtrAge: 1950-1966	24 Jul 2018	£325,000	176.60%
	26 Jul 2002	£117,500	46.97%
	14 May 1999	£79,950	12.61%
	28 May 1997	£71,000	First Sale
9 MELROSE DRIVEDetached, FreeholdArea: 80.08 Sq.mtrAge: 1967-1975	07 Jun 2018	£185,000	12.12%
	09 May 2016	£165,000	32.05%
	28 May 2010	£124,950	56.19%
	08 Mar 2002	£80,000	First Sale
15 MELROSE DRIVESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	30 Sep 2016	£140,000	First Sale
16 MELROSE DRIVESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	24 Oct 2014	£159,950	First Sale
1 MELROSE DRIVESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1950-1966	20 Aug 2014	£125,000	First Sale
14 MELROSE DRIVESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1967-1975	09 Apr 2014	£120,000	-17.21%
	19 May 2006	£144,950	First Sale
3 MELROSE DRIVESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	01 Mar 2013	£106,000	First Sale
12 MELROSE DRIVEDetached, FreeholdArea: 94.1 Sq.mtrAge: 1967-1975	30 Apr 2010	£191,000	18.63%
	31 Mar 2006	£161,000	First Sale
4 MELROSE DRIVESemi-Detached, FreeholdArea: 78.96 Sq.mtrAge: 1967-1975	02 Mar 2001	£77,000	First Sale

Check out the sold house prices near the WS12 4LU postcode. Properties currently for saleProperties currently for rent

MELROSE DRIVE, WS12 4LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WS12 4LU 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 WS12 4LU postcode.

Terraced
- The average price is around £107,533 median price is £100,500 Standard Deviation is £50,274 with Total Sold: 221
- The Last 5 Year average price is £147,863 with Total Sold: 31
- The most recent sale happened at this postcode is , 6 BROADWAY: £118,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 31 FOSTER AVENUE: £31,500 (Sold on 13 Apr 1995)
Detached
- The average price is around £187,275 median price is £195,175 Standard Deviation is £79,359 with Total Sold: 696
- The Last 5 Year average price is £261,215 with Total Sold: 123
- The most recent sale happened at this postcode is , 4 BURLEIGH CLOSE: £300,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 4 ARDGAY DRIVE: £59,995 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £112,098 median price is £110,750 Standard Deviation is £54,620 with Total Sold: 1,108
- The Last 5 Year average price is £178,799 with Total Sold: 182
- The most recent sale happened at this postcode is , 496 PYE GREEN ROAD: £225,000 (Sold on 18 Jun 2024)
- The first recorded sale happened at this postcode is , 11 VIEWFIELD AVENUE: £55,950 (Sold on 27 Jan 1995)
Flat
- The average price is around £58,875 median price is £69,250 Standard Deviation is £26,519 with Total Sold: 12
- The Last 5 Year average price is £68,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 172 BOND WAY: £72,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 121 BOND WAY: £19,000 (Sold on 22 Oct 1996)
Other
- The average price is around £1,489,947 median price is £133,000 Standard Deviation is £3,233,647 with Total Sold: 11
- The Last 5 Year average price is £3,034,304 with Total Sold: 5
- The most recent sale happened at this postcode is , 50 BROADWAY: £6,500 (Sold on 08 Jul 2022)
- The first recorded sale happened at this postcode is , 12 SHERATON CLOSE: £133,000 (Sold on 28 Oct 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£118,000		1
2023	£147,250	£2,104	2
2022	£235,333	£3,085	3
2021	£135,745	£2,013	10
2020	£137,000	£1,968	5
2019	£142,280	£2,413	10
2018	£131,490	£1,977	16
2017	£122,418	£1,740	50
2016	£138,033	£1,991	26
2015	£110,833	£1,710	3
2014	£97,833	£1,895	3
2013	£112,500	£2,052	2
2012	£113,250	£1,467	4
2011	£69,250	£795	2
2009	£109,417	£1,551	6
2008	£122,500	£1,595	2
2007	£111,833	£1,754	3
2006	£118,493	£1,943	8
2005	£109,437	£1,459	8
2004	£107,983	£1,877	3
2003	£77,670	£1,266	5
2002	£57,727	£848	11
2001	£43,800	£549	8
2000	£31,600	£350	5
1999	£39,178	£508	7
1998	£51,250	£824	2
1997	£37,500	£708	1
1996	£42,997	£688	10
1995	£32,899	£236	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,071	£2,785	7
2023	£299,950	£2,984	15
2022	£294,346	£3,140	26
2021	£246,683	£2,759	30
2020	£231,932	£2,459	22
2019	£236,684	£2,424	23
2018	£241,902	£2,454	73
2017	£247,825	£2,356	99
2016	£227,164	£2,281	69
2015	£206,372	£2,048	9
2014	£162,422	£1,650	16
2013	£174,375	£1,697	8
2012	£159,150	£1,735	10
2011	£158,850	£1,661	10
2010	£160,035	£1,892	13
2009	£156,812	£1,499	8
2008	£167,556	£1,878	9
2007	£180,577	£1,860	18
2006	£176,858	£1,590	19
2005	£173,884	£1,670	13
2004	£147,208	£1,668	12
2003	£141,811	£1,342	19
2002	£104,106	£1,033	22
2001	£93,821	£980	30
2000	£83,006	£939	15
1999	£75,400	£740	28
1998	£68,839	£694	23
1997	£67,794	£705	13
1996	£59,182	£662	20
1995	£60,629	£691	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,591	£2,678	11
2023	£195,916	£2,817	26
2022	£205,172	£2,874	29
2021	£178,020	£2,426	47
2020	£162,463	£2,216	30
2019	£151,468	£2,062	39
2018	£161,318	£2,225	50
2017	£150,197	£2,031	87
2016	£153,541	£2,106	69
2015	£124,769	£1,685	21
2014	£119,378	£1,577	34
2013	£118,562	£1,658	16
2012	£115,625	£1,502	14
2011	£106,056	£1,419	18
2010	£120,421	£1,585	19
2009	£103,775	£1,548	21
2008	£122,468	£1,734	19
2007	£134,957	£1,842	33
2006	£126,435	£1,792	43
2005	£110,345	£1,659	31
2004	£105,262	£1,561	40
2003	£88,987	£1,220	50
2002	£69,414	£956	47
2001	£61,547	£900	61
2000	£53,301	£746	35
1999	£47,774	£700	53
1998	£49,806	£684	41
1997	£44,530	£662	41
1996	£46,379	£705	44
1995	£44,719	£554	39

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£72,000		1
2019	£65,000	£2,167	1
2018	£71,500	£2,383	1
2017	£98,000	£1,400	1
2016	£89,000	£1,271	1
2015	£67,000	£1,175	1
2008	£75,500		1
2007	£74,500	£2,403	1
2000	£27,500	£917	1
1998	£22,500	£756	1
1997	£25,000	£806	1
1996	£19,000	£613	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£6,500		1
2021	£4,783,339	£15,972	3
2020	£815,000		1
2017	£249,725	£4,673	4
2016	£109,500	£1,916	2

House Type in WS12 4LU area

The most common house types in the WS12 4LU postcode area are Semi-detached (73), Detached (45), and Terraced (0).

Total	118
Semi-detached	73
Detached	45
Terraced	0
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 (75), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	32
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the WS12 4LU have 2 people in household (63), and 1 person in household (27).

2 people in household	63
1 person in household	27
4 people in household	13
3 people in household	10
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