Housing Market Analysis for LAUNCESTON ROAD, WS5 3ED

Are you looking to understand WS5 3ED 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 WS5 3ED area, explore the WS5 3ED Area information page.
For comprehensive crime statistics in the WS5 3ED area, explore the WS5 3ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WS5 3ED postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £261,362 median price is £257,475 Standard Deviation is £52,213 with Total Sold: 4
    • The Last 5 Year average price is £338,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 LAUNCESTON ROAD: £338,500 (Sold on 22 Jan 2021)
    • The first recorded sale happened at this postcode is 3 LAUNCESTON ROAD: £192,000 (Sold on 22 Oct 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average WS5 3ED 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£338,500 £3,164 1
2016£257,475 £2,406 2
2004£192,0001

All the Sales in the LAUNCESTON ROAD, WS5 3ED

See the table below for more details on the sold house prices in the WS5 3ED, Walsall postcode.

AddressSold DatePrice% Change
1 LAUNCESTON ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1967-197522 Jan 2021£338,50027.74%
21 Dec 2016£265,0006.02%
16 May 2016£249,950First Sale
3 LAUNCESTON ROADSemi-Detached, Leasehold22 Oct 2004£192,000First Sale

Check out the sold house prices near the WS5 3ED postcode. Properties currently for saleProperties currently for rent

LAUNCESTON ROAD, WS5 3ED Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WS5 3ED 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 WS5 3ED postcode.

  • Detached
    • The average price is around £236,725 median price is £230,000 Standard Deviation is £111,686 with Total Sold: 883
    • The Last 5 Year average price is £362,072 with Total Sold: 135
    • The most recent sale happened at this postcode is , 26 LAUNCESTON ROAD: £330,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 23 GREENSLADE ROAD: £138,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £83,516 median price is £78,000 Standard Deviation is £33,916 with Total Sold: 203
    • The Last 5 Year average price is £114,735 with Total Sold: 17
    • The most recent sale happened at this postcode is , 14 PARK HALL CLOSE: £140,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 PARK HALL CLOSE: £44,500 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £202,162 median price is £200,000 Standard Deviation is £100,919 with Total Sold: 290
    • The Last 5 Year average price is £323,345 with Total Sold: 50
    • The most recent sale happened at this postcode is , 32 LONSDALE ROAD: £355,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 64 LODGE ROAD: £94,400 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £173,149 median price is £255,000 Standard Deviation is £139,926 with Total Sold: 9
    • The Last 5 Year average price is £147,240 with Total Sold: 5
    • The most recent sale happened at this postcode is , 8 HELSTON ROAD: £17,950 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 8 REDRUTH ROAD: £255,000 (Sold on 18 Nov 2016)
  • Terraced
    • The average price is around £176,327 median price is £156,500 Standard Deviation is £105,316 with Total Sold: 69
    • The Last 5 Year average price is £280,214 with Total Sold: 7
    • The most recent sale happened at this postcode is , 6 BURNSIDE GARDENS: £220,500 (Sold on 09 May 2023)
    • The first recorded sale happened at this postcode is , 1 WOODSIDE CLOSE: £50,000 (Sold on 24 May 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,4005
2023£382,909 £3,196 11
2022£382,396 £3,237 34
2021£340,699 £3,122 34
2020£359,521 £2,871 26
2019£351,520 £2,739 25
2018£314,143 £2,719 44
2017£326,120 £2,478 25
2016£257,437 £2,243 19
2015£306,485 £2,432 33
2014£273,436 £2,242 46
2013£254,661 £1,987 20
2012£232,162 £2,005 24
2011£233,092 £2,038 24
2010£269,647 £2,236 21
2009£227,199 £1,854 26
2008£256,675 £2,020 22
2007£275,851 £2,347 36
2006£249,585 £1,965 45
2005£256,948 £1,874 27
2004£243,894 £1,902 31
2003£205,363 £1,673 35
2002£190,319 £1,395 39
2001£153,057 £1,186 42
2000£134,245 £955 28
1999£111,269 £949 31
1998£109,871 £842 28
1997£99,129 £735 35
1996£101,910 £717 33
1995£96,999 £753 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,0002
2023£140,500 £1,773 2
2022£133,750 £1,624 4
2021£76,000 £1,434 2
2020£100,300 £1,831 5
2019£106,500 £1,790 2
2018£88,000 £1,593 3
2017£83,431 £1,786 8
2016£113,643 £1,577 7
2015£84,983 £1,511 9
2014£102,411 £1,480 9
2013£76,100 £1,376 5
2012£90,750 £1,328 5
2011£70,750 £1,842 2
2010£145,250 £1,791 4
2009£105,000 £1,323 2
2008£113,625 £1,675 10
2007£110,069 £1,869 13
2006£109,540 £2,079 10
2005£107,431 £1,868 8
2004£89,144 £1,988 10
2003£76,861 £1,184 10
2002£63,862 £1,131 8
2001£62,562 £928 16
2000£58,185 £884 10
1999£49,600 £843 8
1998£39,921 £705 7
1997£44,906 £706 8
1996£35,656 £501 8
1995£37,750 £556 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£413,875 £2,148 8
2023£373,000 £3,021 5
2022£356,781 £3,281 8
2021£357,167 £3,444 6
2020£284,545 £2,346 11
2019£238,667 £2,339 12
2018£276,125 £2,540 12
2017£254,544 £2,225 10
2016£226,262 £2,185 13
2015£232,992 £2,033 6
2014£206,864 £2,125 10
2013£238,390 £2,243 5
2012£216,400 £1,894 10
2011£204,700 £1,977 5
2010£215,041 £1,891 11
2009£234,409 £2,485 9
2008£217,954 £2,054 13
2007£182,820 £2,165 5
2006£182,115 £1,815 15
2005£207,727 £1,833 13
2004£191,550 £2,131 12
2003£194,040 £1,434 10
2002£174,780 £1,343 5
2001£131,696 £878 13
2000£123,050 £1,060 8
1999£94,813 £741 15
1998£86,717 £943 9
1997£85,499 £704 5
1996£64,225 £633 12
1995£67,743 £565 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£17,950 £174 1
2022£32,0001
2021£334,500 £2,774 2
2019£17,250 £97 1
2017£156,072 £2,113 2
2016£255,000 £2,179 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,500 £3,021 1
2022£550,000 £4,264 1
2021£278,667 £2,960 3
2020£165,000 £2,200 1
2019£190,000 £2,568 1
2018£285,000 £2,309 7
2017£199,500 £2,437 2
2016£299,950 £2,325 1
2015£227,667 £2,109 3
2014£195,000 £2,257 2
2013£132,938 £1,632 4
2012£122,000 £1,326 1
2011£222,475 £2,043 2
2010£215,000 £1,871 1
2009£164,500 £1,410 2
2007£233,500 £2,233 2
2006£174,195 £1,941 10
2005£137,475 £1,784 2
2004£143,800 £1,640 5
2003£136,333 £1,573 3
2002£101,150 £1,136 4
2001£85,225 £1,119 2
2000£76,000 £1,101 1
1999£105,0001
1998£53,500 £397 2
1997£76,500 £743 2
1996£55,832 £1,171 3

House Type in WS5 3ED area

The most common house types in the WS5 3ED postcode area are Detached (107), Semi-detached (23), and Terraced (0).

Total130
Detached107
Semi-detached23
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright74
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency8
Shared ownership: Shared ownership1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the WS5 3ED have 2 people in household (46), and 1 person in household (28).

2 people in household46
1 person in household28
4 people in household24
3 people in household20
5 people in household9
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0