Housing Market Analysis for REDWOOD ROAD, WS5 4LE

Are you looking to understand WS5 4LE 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 4LE area, explore the WS5 4LE Area information page.
For comprehensive crime statistics in the WS5 4LE area, explore the WS5 4LE Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £94,045 median price is £89,000 Standard Deviation is £56,620 with Total Sold: 10
    • The Last 5 Year average price is £187,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 REDWOOD ROAD: £235,000 (Sold on 12 Jan 2023)
    • The first recorded sale happened at this postcode is 7 REDWOOD ROAD: £35,000 (Sold on 24 Jan 1996)
  • Terraced
    • The average price is around £169,333 median price is £200,000 Standard Deviation is £49,135 with Total Sold: 3
    • The Last 5 Year average price is £204,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 REDWOOD ROAD: £208,000 (Sold on 12 Sep 2019)
    • The first recorded sale happened at this postcode is 9 REDWOOD ROAD: £100,000 (Sold on 04 Mar 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average WS5 4LE 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
2023£235,000 £2,938 1
2020£140,000 £1,944 1
2013£105,000 £1,254 1
2012£98,000 £1,399 1
2008£88,000 £1,100 1
2003£90,000 £1,285 1
2002£65,000 £903 1
2001£51,950 £722 1
1999£32,5001
1996£35,000 £486 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£204,000 £1,879 2
2008£100,000 £990 1

All the Sales in the REDWOOD ROAD, WS5 4LE

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

AddressSold DatePrice% Change
10 REDWOOD ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196612 Jan 2023£235,000167.05%
19 Dec 2008£88,000First Sale
7 REDWOOD ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-197515 Jun 2020£140,000115.38%
31 Jul 2002£65,00025.12%
02 Mar 2001£51,95048.43%
24 Jan 1996£35,000First Sale
2 REDWOOD ROADTerraced, FreeholdArea: 117 Sq.mtrAge: 1950-196612 Sep 2019£208,000First Sale
9 REDWOOD ROADTerraced, FreeholdArea: 101 Sq.mtrAge: 1950-196628 Feb 2019£200,000100.00%
04 Mar 2008£100,000First Sale
5 REDWOOD ROADSemi-Detached, FreeholdArea: 83.7 Sq.mtrAge: 1930-194918 Oct 2013£105,000First Sale
1 REDWOOD ROADSemi-Detached, FreeholdArea: 70.04 Sq.mtrAge: 1950-196618 Jul 2012£98,0008.89%
19 Aug 2003£90,000First Sale
12 REDWOOD ROADSemi-Detached, Freehold05 Mar 1999£32,500First Sale

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

REDWOOD ROAD, WS5 4LE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £175,314 median price is £165,500 Standard Deviation is £67,695 with Total Sold: 298
    • The Last 5 Year average price is £289,026 with Total Sold: 33
    • The most recent sale happened at this postcode is , 99 BRACKENDALE DRIVE: £260,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 21 HEDERA CLOSE: £47,500 (Sold on 15 Dec 1995)
  • Semi-Detached
    • The average price is around £113,746 median price is £111,500 Standard Deviation is £58,320 with Total Sold: 819
    • The Last 5 Year average price is £185,166 with Total Sold: 134
    • The most recent sale happened at this postcode is , 228 WALSTEAD ROAD: £305,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 ALMOND AVENUE: £54,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £97,252 median price is £100,000 Standard Deviation is £42,889 with Total Sold: 427
    • The Last 5 Year average price is £155,784 with Total Sold: 58
    • The most recent sale happened at this postcode is , 14 RADFORD CLOSE: £185,000 (Sold on 19 Apr 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 £77,942 median price is £79,000 Standard Deviation is £32,187 with Total Sold: 29
    • 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£329,4503
2023£338,750 £3,159 2
2022£288,667 £3,072 6
2021£296,100 £2,687 10
2020£249,000 £2,500 2
2019£268,100 £2,464 10
2018£264,667 £2,139 3
2017£252,750 £2,125 6
2016£216,750 £2,121 9
2015£224,000 £2,160 25
2014£178,743 £1,865 8
2013£187,667 £1,713 3
2012£197,750 £1,750 4
2011£161,900 £1,437 5
2010£175,321 £1,766 7
2009£162,825 £1,752 6
2008£182,250 £1,597 4
2007£188,454 £1,875 13
2006£196,828 £2,095 9
2005£150,331 £1,557 6
2004£174,300 £1,682 26
2003£169,432 £1,550 23
2002£128,041 £1,241 59
2001£113,773 £1,095 39
2000£98,950 £1,099 2
1999£60,333 £624 3
1998£122,0001
1997£82,5001
1996£71,675 £702 2
1995£47,500 £805 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,808 £2,055 13
2023£194,579 £2,429 19
2022£203,955 £2,639 22
2021£188,495 £2,415 24
2020£160,809 £2,113 28
2019£162,934 £1,992 28
2018£157,333 £1,917 24
2017£153,200 £1,845 30
2016£139,559 £1,749 38
2015£132,366 £1,718 35
2014£120,147 £1,488 30
2013£120,575 £1,636 18
2012£114,300 £1,441 15
2011£119,475 £1,511 30
2010£138,236 £1,447 21
2009£119,679 £1,458 14
2008£143,571 £1,705 17
2007£146,666 £1,700 32
2006£128,215 £1,612 36
2005£122,278 £1,495 16
2004£109,987 £1,398 28
2003£96,084 £1,217 37
2002£65,893 £933 37
2001£62,704 £817 35
2000£50,842 £699 27
1999£49,788 £563 24
1998£50,094 £692 26
1997£48,680 £750 50
1996£47,724 £683 38
1995£47,948 £592 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,900 £2,195 5
2023£172,667 £2,245 6
2022£159,812 £2,484 8
2021£157,318 £2,388 14
2020£135,461 £1,797 13
2019£151,500 £1,912 12
2018£131,375 £1,719 8
2017£123,208 £1,912 19
2016£110,550 £1,573 14
2015£128,757 £1,757 15
2014£106,079 £1,554 12
2013£111,833 £1,617 6
2012£102,273 £1,466 11
2011£96,955 £1,490 11
2010£111,614 £1,524 11
2009£111,031 £1,404 8
2008£109,494 £1,523 10
2007£121,477 £1,732 22
2006£108,197 £1,787 16
2005£108,482 £1,818 22
2004£112,318 £1,516 26
2003£87,713 £1,225 22
2002£63,049 £968 16
2001£53,521 £879 21
2000£46,927 £787 15
1999£42,707 £647 7
1998£45,608 £710 19
1997£45,597 £752 33
1996£44,728 £724 16
1995£45,689 £668 9
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£85,000 £1,246 1
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 4LE area

The most common house types in the WS5 4LE postcode area are Semi-detached (71), Terraced (58), and Detached (9).

Total138
Semi-detached71
Terraced58
Detached9
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 (49), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright49
Owned: Owns with a mortgage or loan38
Social rented: Rents from council or Local Authority32
Private rented: Private landlord or letting agency13
Social rented: Other social rented4
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WS5 4LE have 2 people in household (51), and 1 person in household (36).

2 people in household51
1 person in household36
3 people in household20
4 people in household16
5 people in household10
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0