Housing Market Analysis for CEDAR CLOSE, WS5 4LJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £139,602 median price is £139,000 Standard Deviation is £52,422 with Total Sold: 21
    • The Last 5 Year average price is £177,736 with Total Sold: 7
    • The most recent sale happened at this postcode is 17 CEDAR CLOSE: £220,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is 15 CEDAR CLOSE: £80,000 (Sold on 08 Dec 2023)
  • Terraced
    • The average price is around £63,167 median price is £55,000 Standard Deviation is £19,063 with Total Sold: 3
    • The most recent sale happened at this postcode is 13 CEDAR CLOSE: £89,500 (Sold on 20 Feb 2004)
    • The first recorded sale happened at this postcode is 25 CEDAR CLOSE: £45,000 (Sold on 16 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average WS5 4LJ 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£150,000 £2,035 2
2022£214,000 £2,944 3
2019£151,075 £2,285 2
2018£132,500 £1,780 2
2017£181,000 £1,724 1
2016£172,500 £1,612 1
2015£116,667 £1,568 3
2011£140,000 £2,198 1
2010£155,000 £1,448 1
2008£135,000 £1,776 1
2007£132,000 £1,886 1
2002£67,000 £882 1
1997£45,000 £685 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£89,5001
1998£55,0001
1997£45,000 £706 1

All the Sales in the CEDAR CLOSE, WS5 4LJ

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

AddressSold DatePrice% Change
17 CEDAR CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-197527 Jan 2023£220,000First Sale
24 CEDAR CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-194916 Sep 2022£230,00070.37%
13 Jun 2008£135,000101.49%
01 Jul 2002£67,000First Sale
2 CEDAR CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-196630 Aug 2022£207,000First Sale
5 CEDAR CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-196603 May 2022£205,000First Sale
4 CEDAR CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-196615 Nov 2019£170,150First Sale
16 CEDAR CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1930-194917 Apr 2019£132,000First Sale
3 CEDAR CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-194903 Aug 2018£140,000First Sale
6 CEDAR CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-194909 Feb 2018£125,000First Sale
19 CEDAR CLOSESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1950-196619 Apr 2017£181,000First Sale
20 CEDAR CLOSESemi-Detached, FreeholdArea: 107.02 Sq.mtrAge: 1950-196620 Dec 2016£172,50011.29%
30 Jul 2010£155,000First Sale
10 CEDAR CLOSESemi-Detached, LeaseholdArea: 55 Sq.mtrAge: 1930-194925 Nov 2015£125,00045.35%
15 May 2015£86,000First Sale
9 CEDAR CLOSESemi-Detached, FreeholdArea: 160 Sq.mtrAge: 1930-194926 Oct 2015£139,0005.30%
16 Aug 2007£132,000First Sale
25 CEDAR CLOSESemi-Detached, FreeholdArea: 63.7 Sq.mtrAge: 1950-196621 Apr 2011£140,000211.11%
16 Jan 1997£45,000First Sale
13 CEDAR CLOSETerraced, Freehold20 Feb 2004£89,500First Sale
11 CEDAR CLOSETerraced, Freehold29 Jan 1998£55,000First Sale
26 CEDAR CLOSESemi-Detached, Freehold05 Dec 1997£53,000First Sale
15 CEDAR CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1930-194927 Jun 1997£37,000-53.75%
08 Dec 2023£80,000First Sale

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

CEDAR CLOSE, WS5 4LJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £120,800 median price is £120,000 Standard Deviation is £61,128 with Total Sold: 806
    • The Last 5 Year average price is £192,550 with Total Sold: 145
    • 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 , 52 DELVES CRESCENT: £67,950 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £103,901 median price is £104,000 Standard Deviation is £46,791 with Total Sold: 376
    • The Last 5 Year average price is £165,454 with Total Sold: 54
    • 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)
  • Detached
    • The average price is around £176,992 median price is £167,475 Standard Deviation is £67,192 with Total Sold: 290
    • The Last 5 Year average price is £296,060 with Total Sold: 31
    • 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 , 21 HEDERA CLOSE: £47,500 (Sold on 15 Dec 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 £79,731 median price is £85,000 Standard Deviation is £32,625 with Total Sold: 23
    • The Last 5 Year average price is £120,000 with Total Sold: 2
    • 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£231,267 £2,055 15
2023£209,400 £2,501 25
2022£209,500 £2,598 18
2021£200,962 £2,451 29
2020£165,563 £2,145 26
2019£166,005 £2,015 32
2018£161,613 £1,890 26
2017£159,326 £1,859 29
2016£140,199 £1,699 34
2015£141,809 £1,732 35
2014£127,917 £1,539 27
2013£126,019 £1,586 18
2012£117,415 £1,407 17
2011£122,264 £1,478 37
2010£141,248 £1,492 22
2009£123,853 £1,433 17
2008£144,294 £1,635 16
2007£144,896 £1,659 36
2006£130,995 £1,548 34
2005£130,468 £1,408 17
2004£112,759 £1,307 27
2003£101,853 £1,180 33
2002£73,375 £892 30
2001£64,708 £815 32
2000£50,312 £639 27
1999£50,545 £544 21
1998£51,302 £644 22
1997£48,862 £738 45
1996£46,130 £609 28
1995£49,171 £595 31
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,250 £2,195 4
2023£194,357 £2,463 7
2022£179,600 £2,942 5
2021£156,727 £2,358 11
2020£144,571 £1,808 14
2019£166,077 £1,972 13
2018£141,500 £1,800 7
2017£127,385 £1,859 17
2016£118,477 £1,586 13
2015£128,311 £1,725 14
2014£106,627 £1,463 13
2013£125,571 £1,618 7
2012£103,000 £1,420 8
2011£108,500 £1,588 9
2010£110,000 £1,486 12
2009£108,194 £1,373 9
2008£109,495 £1,470 10
2007£123,444 £1,667 18
2006£105,435 £1,696 13
2005£112,108 £1,779 24
2004£121,662 £1,546 26
2003£91,552 £1,282 16
2002£65,525 £1,017 12
2001£56,562 £916 16
2000£49,362 £801 12
1999£44,190 £641 5
1998£46,600 £745 16
1997£46,340 £764 25
1996£41,736 £608 11
1995£45,133 £668 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£364,1752
2023£338,750 £3,159 2
2022£288,667 £3,072 6
2021£317,889 £2,858 9
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£211,575 £2,056 10
2015£224,000 £2,160 25
2014£182,135 £1,879 7
2013£187,667 £1,713 3
2012£218,000 £1,827 2
2011£158,750 £1,509 6
2010£175,321 £1,766 7
2009£162,825 £1,752 6
2008£182,250 £1,597 4
2007£187,716 £1,848 14
2006£196,828 £2,095 9
2005£155,789 £1,511 6
2004£176,552 £1,668 25
2003£169,432 £1,550 23
2002£129,536 £1,248 56
2001£114,986 £1,103 38
2000£98,950 £1,099 2
1999£60,333 £624 3
1998£122,0001
1997£73,500 £733 2
1995£47,500 £805 1
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
2020£115,000 £1,983 1
2018£79,000 £1,174 1
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
2007£87,950 £1,293 1
2006£34,0001
2005£73,000 £1,074 1
2000£33,500 £493 1
1999£14,800 £279 1
1998£35,000 £520 1
1997£24,9501

House Type in WS5 4LJ area

The most common house types in the WS5 4LJ 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 4LJ 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