Housing Market Analysis for LAKE AVENUE, WS5 3PA

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

Overview of Sold House prices

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

Detached
- The average price is around £324,621 median price is £323,500 Standard Deviation is £153,956 with Total Sold: 42
- The Last 5 Year average price is £499,045 with Total Sold: 11
- The most recent sale happened at this postcode is 46 LAKE AVENUE: £466,000 (Sold on 14 Apr 2023)
- The first recorded sale happened at this postcode is 33 LAKE AVENUE: £499,999 (Sold on 18 Dec 2023)
Terraced
- The average price is around £195,000 median price is £200,000 Standard Deviation is £34,881 with Total Sold: 3
- The most recent sale happened at this postcode is 4 LAKE AVENUE: £235,000 (Sold on 08 Jun 2005)
- The first recorded sale happened at this postcode is 11 LAKE AVENUE: £150,000 (Sold on 06 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average WS5 3PA 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
2023	£483,000	£3,835	2
2022	£627,000	£3,595	3
2021	£386,000	£2,706	2
2020	£467,625	£2,590	4
2018	£405,000	£3,140	2
2017	£455,000	£1,743	1
2015	£310,000	£2,627	1
2014	£340,000		1
2013	£350,500	£1,926	2
2012	£289,950	£2,427	1
2011	£295,000	£1,528	1
2010	£275,000	£1,627	1
2007	£300,000		2
2006	£273,000	£2,379	2
2005	£452,250	£1,912	2
2004	£395,000		1
2003	£236,500	£1,516	1
2002	£248,000		1
2001	£217,000		1
1999	£179,333	£871	3
1998	£132,288	£1,028	4
1997	£139,000		1
1996	£93,000	£538	1
1995	£111,250	£545	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£235,000	£2,080	1
2003	£200,000		1
1996	£150,000	£893	1

All the Sales in the LAKE AVENUE, WS5 3PA

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

Address	Sold Date	Price	% Change
46 LAKE AVENUEDetached, FreeholdArea: 108 Sq.mtrAge: 1950-1966	14 Apr 2023	£466,000	First Sale
7 LAKE AVENUEDetached, FreeholdArea: 285 Sq.mtrAge: 1967-1975	08 Dec 2022	£780,000	43.12%
	12 Aug 2005	£545,000	First Sale
50 LAKE AVENUEDetached, FreeholdArea: 108 Sq.mtrAge: 1950-1966	30 Sep 2022	£531,000	First Sale
3 LAKE AVENUEDetached, FreeholdArea: 182 Sq.mtrAge: 1950-1966	15 Aug 2022	£570,000	First Sale
4 LAKE AVENUEDetached, FreeholdArea: 113 Sq.mtrAge: 1930-1949	11 Nov 2021	£337,000	43.40%
	08 Jun 2005	£235,000	First Sale
10 LAKE AVENUEDetached, FreeholdArea: 179 Sq.mtrAge: 1950-1966	29 Mar 2021	£435,000	First Sale
13 LAKE AVENUEDetached, FreeholdArea: 114 Sq.mtrAge: 1967-1975	11 Nov 2020	£473,000	18.25%
	20 Jul 2018	£400,000	First Sale
30 LAKE AVENUEDetached, FreeholdArea: 261 Sq.mtrAge: 1950-1966	23 Oct 2020	£500,000	9.89%
	05 Jul 2017	£455,000	First Sale
21 LAKE AVENUEDetached, FreeholdArea: 219 Sq.mtrAge: 1950-1966	24 Jun 2020	£507,500	211.35%
	17 Sep 1999	£163,000	First Sale
34 LAKE AVENUEDetached, FreeholdArea: 197 Sq.mtrAge: 1967-1975	16 Mar 2020	£390,000	168.97%
	08 Jul 1999	£145,000	First Sale
29 LAKE AVENUEDetached, FreeholdArea: 148 Sq.mtrAge: 1950-1966	13 Sep 2018	£410,000	First Sale
40 LAKE AVENUEDetached, FreeholdArea: 118 Sq.mtrAge: 1950-1966	14 Sep 2015	£310,000	First Sale
6 LAKE AVENUEDetached, Freehold	08 Dec 2014	£340,000	First Sale
12 LAKE AVENUEDetached, FreeholdArea: 169 Sq.mtrAge: 1930-1949	30 Aug 2013	£326,000	18.55%
	24 Sep 2010	£275,000	First Sale
11 LAKE AVENUEDetached, FreeholdArea: 195 Sq.mtrAge: 1950-1966	24 May 2013	£375,000	150.00%
	06 Sep 1996	£150,000	First Sale
14 LAKE AVENUEDetached, FreeholdArea: 119.47 Sq.mtrAge: 1950-1966	03 Feb 2012	£289,950	First Sale
39 LAKE AVENUEDetached, FreeholdArea: 193 Sq.mtrAge: 1950-1966	19 Apr 2011	£295,000	First Sale
41 LAKE AVENUEDetached, Freehold	11 Oct 2007	£351,000	First Sale
38 LAKE AVENUEDetached, Freehold	13 Apr 2007	£249,000	First Sale
8 LAKE AVENUEDetached, FreeholdArea: 126 Sq.mtrAge: 1950-1966	28 Nov 2006	£225,000	First Sale
5 LAKE AVENUEDetached, FreeholdArea: 108 Sq.mtrAge: 1930-1949	04 Aug 2006	£321,000	119.86%
	13 Nov 1998	£146,000	First Sale
24 LAKE AVENUEDetached, Freehold	03 Oct 2005	£359,500	First Sale
17 LAKE AVENUEDetached, Freehold	22 Dec 2004	£395,000	First Sale
22 LAKE AVENUETerraced, Freehold	12 Dec 2003	£200,000	First Sale
1 LAKE AVENUEDetached, FreeholdArea: 156 Sq.mtrAge: 1950-1966	18 Jun 2003	£236,500	115.00%
	12 Jan 1998	£110,000	First Sale
45 LAKE AVENUEDetached, Freehold	20 Dec 2002	£248,000	146.77%
45 LAKE AVENUEDetached, Freehold	20 Nov 1998	£100,500	First Sale
9 LAKE AVENUEDetached, Freehold	25 Sep 2001	£217,000	First Sale
35 LAKE AVENUEDetached, FreeholdArea: 203 Sq.mtrAge: 1950-1966	19 Feb 1999	£230,000	First Sale
19 LAKE AVENUEDetached, Freehold	28 Oct 1998	£172,650	First Sale
25 LAKE AVENUEDetached, Freehold	02 Jun 1997	£139,000	First Sale
52 LAKE AVENUEDetached, FreeholdArea: 173 Sq.mtrAge: 1967-1975	24 Jan 1996	£93,000	First Sale
37 LAKE AVENUEDetached, Freehold	04 Dec 1995	£102,500	First Sale
32 LAKE AVENUEDetached, FreeholdArea: 220 Sq.mtrAge: 1950-1966	27 Sep 1995	£120,000	First Sale
33 LAKE AVENUEDetached, FreeholdArea: 149 Sq.mtrAge: 1950-1966	18 Dec 2023	£499,999	First Sale

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

LAKE AVENUE, WS5 3PA Near By properties

Interactive Map

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

Detached
- The average price is around £279,154 median price is £270,000 Standard Deviation is £126,246 with Total Sold: 974
- The Last 5 Year average price is £424,684 with Total Sold: 186
- The most recent sale happened at this postcode is , 51 GILLITY AVENUE: £705,000 (Sold on 09 Sep 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 £109,017 median price is £115,000 Standard Deviation is £42,503 with Total Sold: 111
- The Last 5 Year average price is £118,821 with Total Sold: 14
- 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 £229,396 median price is £230,000 Standard Deviation is £112,878 with Total Sold: 205
- The Last 5 Year average price is £338,349 with Total Sold: 38
- The most recent sale happened at this postcode is , 20 BODMIN RISE: £275,000 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , 16 BODMIN RISE: £63,000 (Sold on 24 Feb 1995)
Other
- The average price is around £277,736 median price is £299,995 Standard Deviation is £304,441 with Total Sold: 9
- The Last 5 Year average price is £313,946 with Total Sold: 7
- 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 , 45 BODMIN RISE: £299,995 (Sold on 31 Jul 2017)
Terraced
- The average price is around £184,283 median price is £200,000 Standard Deviation is £79,019 with Total Sold: 61
- The Last 5 Year average price is £285,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 221 BIRMINGHAM ROAD: £310,000 (Sold on 26 Sep 2023)
- The first recorded sale happened at this postcode is , 18 RAVEN ROAD: £76,500 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£461,567	£2,642	12
2023	£437,625	£3,622	28
2022	£469,383	£3,696	30
2021	£414,817	£3,173	50
2020	£421,433	£2,928	30
2019	£381,486	£2,757	36
2018	£350,926	£2,686	34
2017	£351,903	£2,465	31
2016	£347,993	£2,286	38
2015	£309,529	£2,403	31
2014	£286,010	£2,206	38
2013	£275,561	£2,281	32
2012	£294,817	£2,288	17
2011	£266,353	£2,107	17
2010	£292,378	£2,208	25
2009	£295,205	£1,957	22
2008	£312,865	£2,073	26
2007	£299,848	£2,204	49
2006	£300,553	£1,937	42
2005	£330,602	£1,852	24
2004	£283,123	£1,875	31
2003	£240,832	£1,423	38
2002	£227,250	£1,580	36
2001	£180,831	£1,170	39
2000	£146,416	£885	35
1999	£137,005	£910	31
1998	£129,572	£863	36
1997	£119,333	£840	53
1996	£113,672	£803	31
1995	£118,241	£807	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£140,000		1
2023	£125,000	£1,738	4
2022	£124,000	£1,612	3
2021	£85,000	£1,104	1
2020	£113,000	£1,840	4
2019	£114,500	£1,363	1
2018	£118,500	£1,986	3
2017	£124,975	£1,614	2
2016	£116,056	£1,555	9
2015	£119,125	£1,579	2
2014	£111,790	£1,530	5
2013	£118,500		1
2012	£104,917	£1,357	3
2010	£117,000	£1,560	1
2009	£146,667	£2,295	6
2008	£159,294	£2,455	17
2007	£145,492	£1,645	7
2006	£123,300	£1,570	3
2005	£117,667	£1,479	3
2004	£94,995		1
2003	£84,440	£1,162	4
2002	£77,750	£987	2
2001	£71,429	£905	7
2000	£62,875	£862	4
1999	£60,800	£781	3
1998	£49,950	£666	1
1997	£53,000	£669	3
1996	£35,000	£463	6
1995	£42,375	£527	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£275,000	£2,148	2
2023	£339,083	£3,156	3
2022	£387,500	£3,052	4
2021	£421,278	£2,522	9
2020	£286,111	£2,157	9
2019	£306,682	£2,247	11
2018	£337,812	£2,201	8
2017	£295,400	£2,429	5
2016	£246,438	£2,050	8
2015	£265,245	£2,118	10
2014	£247,500	£1,908	2
2013	£249,000	£1,881	5
2012	£335,000	£1,205	1
2011	£190,750	£1,724	2
2010	£239,250	£1,579	6
2009	£235,564	£1,611	7
2008	£266,994	£1,698	9
2007	£285,650	£1,836	9
2006	£257,835	£1,450	13
2005	£220,843	£1,976	7
2004	£254,190	£1,822	5
2003	£204,244	£1,318	8
2002	£152,833	£1,304	6
2001	£148,015	£962	13
2000	£124,636	£938	7
1999	£116,125	£890	4
1998	£100,100	£1,028	10
1997	£111,000	£547	3
1996	£88,375	£540	4
1995	£78,830	£598	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£287,975	£1,728	2
2021	£223,225	£2,774	3
2020	£476,000	£2,610	2
2017	£150,998	£1,067	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£310,000	£1,685	1
2021	£282,500	£2,657	2
2020	£315,000	£3,247	1
2019	£235,000	£3,219	1
2018	£190,000	£2,053	2
2017	£252,500	£2,658	1
2016	£258,333	£1,860	3
2015	£212,500	£2,061	2
2014	£330,000	£3,056	1
2013	£158,000	£1,053	1
2012	£191,000	£1,590	2
2011	£228,500	£1,829	1
2010	£220,000	£2,289	1
2009	£185,500	£1,890	3
2008	£195,500	£2,740	4
2007	£265,900	£1,831	5
2006	£167,345	£1,930	10
2005	£177,475	£1,762	2
2004	£136,650	£1,136	3
2003	£170,000		2
2001	£104,250	£1,099	2
2000	£141,475	£901	2
1998	£83,500		2
1996	£90,250	£692	4
1995	£66,483	£715	3

House Type in WS5 3PA area

The most common house types in the WS5 3PA postcode area are Detached (111), Flat (22), and Semi-detached (5).

Total	143
Detached	111
Flat	22
Semi-detached	5
Shared house	4
commercial building	1
Terraced	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	67
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	28
Private rented: Other private rented	4
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 WS5 3PA have 2 people in household (44), and 1 person in household (38).

2 people in household	44
1 person in household	38
3 people in household	21
4 people in household	19
5 people in household	8
6 people in household	5
8 or more people in household	5
7 people in household	3
0 people in household	0