Housing Market Analysis for FORMBY WAY, WS3 3TL

Are you looking to understand WS3 3TL 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 Walsall postcode.

For the location information and nearby amenities in the WS3 3TL area, explore the WS3 3TL Area information page.
For comprehensive crime statistics in the WS3 3TL area, explore the WS3 3TL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WS3 3TL postcode area, The average prices are as follows,

Detached
- The average price is around £168,651 median price is £174,475 Standard Deviation is £71,266 with Total Sold: 44
- The Last 5 Year average price is £330,000 with Total Sold: 1
- The most recent sale happened at this postcode is 29 FORMBY WAY: £330,000 (Sold on 01 Apr 2021)
- The first recorded sale happened at this postcode is 15 FORMBY WAY: £90,000 (Sold on 25 Aug 1995)
Semi-Detached
- The average price is around £140,200 median price is £200,000 Standard Deviation is £98,311 with Total Sold: 3
- The most recent sale happened at this postcode is 27 FORMBY WAY: £219,000 (Sold on 27 Nov 2009)
- The first recorded sale happened at this postcode is 43 FORMBY WAY: £1,600 (Sold on 06 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WS3 3TL 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£330,000	£2,797	1
2018	£232,500	£2,500	1
2017	£254,000	£2,451	4
2015	£237,000	£2,194	1
2013	£229,000	£1,968	2
2012	£201,500	£2,084	2
2011	£197,500	£1,576	1
2008	£245,000		1
2007	£246,950		3
2006	£224,500		2
2005	£205,317	£1,728	3
2004	£170,475	£1,730	2
2003	£190,000		1
2002	£128,750	£1,175	2
2001	£117,817	£1,086	3
2000	£107,750	£1,159	2
1999	£79,000	£814	1
1998	£86,500	£835	2
1997	£88,300	£904	5
1996	£87,650		3
1995	£91,000	£858	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£209,500	£1,922	2
1995	£1,600		1

All the Sales in the FORMBY WAY, WS3 3TL

See the table below for more details on the sold house prices in the WS3 3TL, Walsall postcode.

Address	Sold Date	Price	% Change
29 FORMBY WAYDetached, FreeholdArea: 118 Sq.mtrAge: 1996-2002	01 Apr 2021	£330,000	First Sale
39 FORMBY WAYDetached, FreeholdArea: 93 Sq.mtrAge: 1983-1990	26 Jan 2018	£232,500	First Sale
22 FORMBY WAYDetached, FreeholdArea: 116 Sq.mtrAge: 1991-1995	20 Apr 2017	£315,000	First Sale
19 FORMBY WAYDetached, FreeholdArea: 125.28 Sq.mtrAge: 1991-1995	07 Mar 2017	£245,000	24.05%
	08 Jul 2011	£197,500	5.08%
	25 Feb 2005	£187,950	First Sale
20 FORMBY WAYDetached, FreeholdArea: 82 Sq.mtrAge: 1983-1990	30 Jan 2017	£230,000	142.11%
	25 Aug 2000	£95,000	21.79%
	24 Jan 1997	£78,000	First Sale
26 FORMBY WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	20 Jan 2017	£226,000	36.97%
	21 Apr 2004	£165,000	108.86%
	19 Jan 1999	£79,000	-1.25%
	27 Nov 1998	£80,000	First Sale
5 FORMBY WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1991-1995	15 May 2015	£237,000	First Sale
24 FORMBY WAYDetached, Freehold	27 Mar 2013	£208,000	-9.57%
	09 Mar 2012	£230,000	84.74%
	07 Sep 2001	£124,500	44.77%
	14 Feb 1997	£86,000	First Sale
7 FORMBY WAYDetached, FreeholdArea: 127 Sq.mtrAge: 1983-1990	01 Feb 2013	£249,999	First Sale
4 FORMBY WAYDetached, FreeholdArea: 83 Sq.mtrAge: 1991-1995	22 Jun 2012	£173,000	First Sale
27 FORMBY WAYSemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1991-1995	27 Nov 2009	£219,000	9.50%
	14 Aug 2009	£200,000	First Sale
41 FORMBY WAYDetached, Freehold	19 May 2008	£245,000	First Sale
21 FORMBY WAYDetached, Freehold	12 Sep 2007	£249,950	First Sale
16 FORMBY WAYDetached, Freehold	27 Jul 2007	£240,950	3.63%
	30 Sep 2005	£232,500	66.07%
	12 Apr 2002	£140,000	First Sale
32 FORMBY WAYDetached, Freehold	08 Jun 2007	£249,950	First Sale
9 FORMBY WAYDetached, Freehold	02 Nov 2006	£222,000	84.23%
9 FORMBY WAYDetached, Freehold	28 Nov 2000	£120,500	First Sale
2 FORMBY WAYDetached, Freehold	29 Mar 2006	£227,000	19.47%
	17 Dec 2003	£190,000	100.00%
	11 Nov 1997	£95,000	5.61%
	14 Oct 1996	£89,950	-0.06%
	11 Oct 1996	£90,000	First Sale
1 FORMBY WAYDetached, FreeholdArea: 100 Sq.mtrAge: 1996-2002	09 Dec 2005	£195,500	11.11%
	27 Feb 2004	£175,950	49.74%
	25 Jan 2002	£117,500	18.75%
	21 Mar 2001	£98,950	15.06%
	31 Jan 1997	£86,000	First Sale
17 FORMBY WAYDetached, FreeholdArea: 110 Sq.mtrAge: 1991-1995	10 Aug 2001	£130,000	39.78%
	30 Apr 1998	£93,000	First Sale
12 FORMBY WAYDetached, FreeholdArea: 107 Sq.mtrAge: 1991-1995	12 Dec 1997	£96,500	First Sale
30 FORMBY WAYDetached, Freehold	18 Oct 1996	£83,000	First Sale
15 FORMBY WAYDetached, FreeholdArea: 106 Sq.mtrAge: 1991-1995	25 Aug 1995	£92,000	2.22%
	25 Aug 1995	£90,000	First Sale
43 FORMBY WAYSemi-Detached, Freehold	06 Mar 1995	£1,600	First Sale

Check out the sold house prices near the WS3 3TL postcode. Properties currently for saleProperties currently for rent

FORMBY WAY, WS3 3TL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WS3 3TL 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 WS3 3TL postcode.

Detached
- The average price is around £182,238 median price is £174,475 Standard Deviation is £89,328 with Total Sold: 1,196
- The Last 5 Year average price is £320,677 with Total Sold: 163
- The most recent sale happened at this postcode is , 225 BROAD LANE: £395,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 2 ELGIN ROAD: £86,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £94,803 median price is £90,000 Standard Deviation is £44,628 with Total Sold: 567
- The Last 5 Year average price is £148,326 with Total Sold: 98
- The most recent sale happened at this postcode is , 36 KIRKSTALL CRESCENT: £120,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 243 BROAD LANE: £33,500 (Sold on 09 Feb 1995)
Semi-Detached
- The average price is around £112,677 median price is £105,000 Standard Deviation is £60,489 with Total Sold: 645
- The Last 5 Year average price is £203,332 with Total Sold: 72
- The most recent sale happened at this postcode is , 7 NAIRN ROAD: £282,664 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 2 TURTON CLOSE: £49,250 (Sold on 06 Jan 1995)
Flat
- The average price is around £136,553 median price is £133,750 Standard Deviation is £52,219 with Total Sold: 74
- The Last 5 Year average price is £149,010 with Total Sold: 15
- The most recent sale happened at this postcode is FLAT 2, LINKS COURT THE LINKS: £189,950 (Sold on 21 Apr 2023)
- The first recorded sale happened at this postcode is , 29 ENVILLE CLOSE: £39,950 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£376,227	£4,232	15
2023	£343,056	£3,302	18
2022	£346,410	£3,446	24
2021	£320,931	£3,137	42
2020	£298,712	£3,134	28
2019	£285,972	£2,865	36
2018	£262,549	£2,627	41
2017	£264,500	£2,589	37
2016	£231,352	£2,388	24
2015	£223,865	£2,178	30
2014	£210,215	£2,121	41
2013	£217,642	£1,825	33
2012	£212,400	£1,999	30
2011	£222,498	£1,750	25
2010	£214,020	£2,058	22
2009	£183,900	£1,774	20
2008	£226,133	£1,984	15
2007	£225,260	£2,034	38
2006	£211,150	£1,988	42
2005	£213,040	£1,838	31
2004	£190,836	£1,920	43
2003	£174,000	£1,659	41
2002	£152,450	£1,343	67
2001	£119,341	£1,105	53
2000	£108,190	£1,050	52
1999	£99,164	£903	46
1998	£95,880	£924	59
1997	£90,948	£855	71
1996	£88,374	£774	82
1995	£87,706	£836	90

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£154,288		4
2023	£168,462	£2,532	13
2022	£160,767	£2,336	18
2021	£144,139	£2,065	18
2020	£133,727	£1,996	24
2019	£144,333	£1,881	21
2018	£127,900	£1,946	15
2017	£121,412	£1,877	12
2016	£110,280	£1,627	17
2015	£109,615	£1,611	13
2014	£110,790	£1,454	21
2013	£110,458	£1,639	12
2012	£105,455	£1,293	14
2011	£107,572	£1,657	20
2010	£104,864	£1,383	11
2009	£92,850	£1,583	10
2008	£105,497	£1,547	16
2007	£106,577	£1,607	28
2006	£110,878	£1,718	24
2005	£103,124	£1,577	23
2004	£94,047	£1,388	18
2003	£83,233	£1,360	29
2002	£60,537	£929	25
2001	£51,920	£836	28
2000	£49,754	£811	21
1999	£47,582	£857	14
1998	£51,436	£813	27
1997	£46,677	£770	40
1996	£50,068	£623	13
1995	£43,550	£699	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£231,291		4
2023	£240,694	£3,322	9
2022	£219,409	£2,702	11
2021	£215,435	£2,787	23
2020	£180,833	£2,549	12
2019	£154,615	£2,198	13
2018	£154,733	£2,233	24
2017	£158,468	£1,973	17
2016	£151,963	£1,914	15
2015	£141,654	£1,882	12
2014	£145,714	£2,084	14
2013	£141,539	£1,761	18
2012	£118,450	£1,632	10
2011	£126,747	£1,456	16
2010	£139,344	£1,549	9
2009	£134,472	£1,868	16
2008	£172,995	£1,848	10
2007	£142,954	£1,953	38
2006	£136,586	£1,837	22
2005	£126,614	£1,749	24
2004	£125,539	£1,757	22
2003	£99,882	£1,407	32
2002	£86,164	£1,087	27
2001	£68,839	£994	38
2000	£70,373	£924	32
1999	£62,137	£897	42
1998	£60,204	£821	33
1997	£55,942	£733	37
1996	£53,383	£800	29
1995	£51,985	£779	36

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£153,975	£3,615	2
2022	£147,000	£2,266	2
2021	£203,125	£2,899	2
2020	£140,736	£3,278	4
2019	£132,800	£2,517	5
2018	£153,814	£2,881	7
2017	£198,521	£3,348	14
2016	£161,988	£2,426	4
2015	£105,000	£1,694	1
2014	£90,000	£2,432	1
2013	£107,000	£1,585	1
2010	£90,000	£1,586	1
2009	£101,750	£950	2
2008	£92,000	£1,363	1
2007	£115,625	£2,338	4
2006	£107,124	£2,500	4
2005	£106,750	£1,446	2
2004	£113,983	£1,763	3
2003	£112,050	£2,170	9
2002	£49,950	£574	1
2000	£47,750	£943	2
1997	£38,000		1
1996	£39,950	£815	1

House Type in WS3 3TL area

The most common house types in the WS3 3TL postcode area are Detached (98), Semi-detached (24), and Flat (19).

Total	149
Detached	98
Semi-detached	24
Flat	19
Terraced	8
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 (93), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	93
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	5
Private rented: Other private rented	1
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 WS3 3TL have 2 people in household (60), and 1 person in household (45).

2 people in household	60
1 person in household	45
3 people in household	24
4 people in household	11
6 people in household	5
5 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0