Housing Market Analysis for REDWOOD ROAD, WS5 4LB

Are you looking to understand WS5 4LB 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 Sandwell postcode.

For the location information and nearby amenities in the WS5 4LB area, explore the WS5 4LB Area information page.
For comprehensive crime statistics in the WS5 4LB area, explore the WS5 4LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WS5 4LB postcode area, The average prices are as follows,

  • Other
    • The average price is around £69,950 median price is £69,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 REDWOOD ROAD: £69,950 (Sold on 31 Aug 2017)
    • The first recorded sale happened at this postcode is 22 REDWOOD ROAD: £69,950 (Sold on 31 Aug 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average WS5 4LB 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£69,950 £686 1

All the Sales in the REDWOOD ROAD, WS5 4LB

See the table below for more details on the sold house prices in the WS5 4LB, Sandwell postcode.

AddressSold DatePrice% Change
22 REDWOOD ROADOther, LeaseholdArea: 102 Sq.mtrAge: 1967-197531 Aug 2017£69,950First Sale

Check out the sold house prices near the WS5 4LB postcode. Properties currently for saleProperties currently for rent

REDWOOD ROAD, WS5 4LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WS5 4LB 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 4LB postcode.

  • Semi-Detached
    • The average price is around £112,221 median price is £110,000 Standard Deviation is £57,029 with Total Sold: 915
    • The Last 5 Year average price is £183,957 with Total Sold: 146
    • The most recent sale happened at this postcode is , 290 WALSTEAD ROAD: £445,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 18 TANACETUM DRIVE: £47,950 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £177,759 median price is £174,998 Standard Deviation is £64,378 with Total Sold: 438
    • The Last 5 Year average price is £280,933 with Total Sold: 45
    • The most recent sale happened at this postcode is , 306 WALSTEAD ROAD: £403,350 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 TANACETUM DRIVE: £64,950 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £96,193 median price is £100,000 Standard Deviation is £42,767 with Total Sold: 483
    • The Last 5 Year average price is £154,656 with Total Sold: 67
    • The most recent sale happened at this postcode is , 24 RADFORD CLOSE: £180,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 8 BARRINGTON CLOSE: £34,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £69,165 median price is £50,177 Standard Deviation is £53,877 with Total Sold: 6
    • The Last 5 Year average price is £81,964 with Total Sold: 4
    • The most recent sale happened at this postcode is , 10 THE PRIMROSES: £111,000 (Sold on 05 Jan 2024)
    • The first recorded sale happened at this postcode is , 22 REDWOOD ROAD: £69,950 (Sold on 31 Aug 2017)
  • Flat
    • The average price is around £78,344 median price is £82,000 Standard Deviation is £31,720 with Total Sold: 30
    • The Last 5 Year average price is £111,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 9 CHESTNUT STREET: £125,000 (Sold on 03 Feb 2023)
    • The first recorded sale happened at this postcode is , 42 PLANETREE ROAD: £24,950 (Sold on 17 Feb 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,273 £2,055 11
2023£202,892 £2,575 26
2022£197,762 £2,652 21
2021£187,156 £2,408 30
2020£160,809 £2,113 28
2019£159,305 £1,970 30
2018£153,498 £1,929 28
2017£153,000 £1,877 33
2016£136,201 £1,775 36
2015£130,603 £1,692 37
2014£119,496 £1,507 34
2013£121,150 £1,602 22
2012£115,676 £1,455 17
2011£118,150 £1,497 35
2010£134,975 £1,484 22
2009£119,912 £1,452 17
2008£146,761 £1,696 19
2007£142,627 £1,702 41
2006£123,355 £1,629 38
2005£116,242 £1,502 20
2004£105,215 £1,302 35
2003£94,688 £1,205 43
2002£63,532 £893 42
2001£63,548 £810 44
2000£51,604 £691 31
1999£49,573 £575 26
1998£49,028 £700 28
1997£47,821 £754 51
1996£47,488 £676 41
1995£47,924 £631 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£364,1752
2023£314,875 £3,494 4
2022£276,582 £2,859 8
2021£301,917 £2,742 12
2020£204,333 £2,141 3
2019£262,844 £2,459 16
2018£232,166 £2,074 6
2017£252,150 £2,128 10
2016£219,075 £2,139 10
2015£220,177 £2,138 31
2014£187,442 £1,916 14
2013£189,167 £1,827 6
2012£193,071 £1,784 7
2011£161,900 £1,437 5
2010£190,804 £1,858 14
2009£169,027 £1,772 11
2008£180,200 £1,597 5
2007£190,225 £1,924 16
2006£204,881 £1,864 13
2005£151,426 £1,644 7
2004£178,600 £1,685 47
2003£174,416 £1,535 68
2002£127,657 £1,241 60
2001£113,316 £1,095 40
2000£98,950 £1,099 2
1999£65,917 £693 6
1998£103,5002
1997£75,875 £588 4
1996£75,462 £681 4
1995£62,890 £773 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,000 £2,195 2
2023£178,875 £2,340 8
2022£155,850 £2,398 10
2021£156,966 £2,372 16
2020£141,062 £1,786 16
2019£150,267 £1,938 15
2018£129,900 £1,675 10
2017£120,045 £1,832 21
2016£110,847 £1,552 15
2015£125,726 £1,733 17
2014£105,010 £1,535 15
2013£112,429 £1,699 7
2012£95,997 £1,370 12
2011£97,208 £1,470 12
2010£107,875 £1,483 14
2009£108,325 £1,418 10
2008£110,904 £1,489 11
2007£118,860 £1,646 25
2006£105,950 £1,717 17
2005£108,171 £1,784 24
2004£113,491 £1,527 27
2003£85,107 £1,171 25
2002£62,930 £975 18
2001£53,757 £881 23
2000£47,303 £770 16
1999£41,431 £647 8
1998£43,548 £663 22
1997£45,115 £731 36
1996£44,374 £731 19
1995£45,138 £635 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£111,000 £3,469 1
2022£97,702 £375 2
2020£21,450 £192 1
2018£17,1851
2017£69,950 £686 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£125,000 £2,155 1
2021£116,000 £1,657 1
2020£115,000 £1,983 1
2019£89,500 £1,336 1
2018£71,000 £1,453 2
2017£108,300 £1,867 3
2016£99,302 £1,675 4
2015£75,000 £1,103 2
2013£92,000 £1,353 1
2012£72,500 £1,078 1
2009£87,500 £1,179 2
2008£85,000 £1,164 1
2007£87,950 £1,293 1
2006£60,000 £1,505 3
2005£73,000 £1,074 1
2002£17,000 £243 1
2000£33,500 £493 1
1999£14,800 £279 1
1998£35,000 £520 1
1997£24,9501

House Type in WS5 4LB area

The most common house types in the WS5 4LB postcode area are Detached (84), Semi-detached (52), and Flat (39).

Total201
Detached84
Semi-detached52
Flat39
Terraced14
commercial building7
Shared house3
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (66), and Social rented: Rents from council or Local Authority (62).

Owned: Owns with a mortgage or loan66
Social rented: Rents from council or Local Authority62
Social rented: Other social rented30
Owned: Owns outright19
Private rented: Private landlord or letting agency19
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WS5 4LB have 2 people in household (58), and 3 people in household (43).

2 people in household58
3 people in household43
4 people in household39
1 person in household33
5 people in household17
6 people in household7
7 people in household2
8 or more people in household1
0 people in household0