Housing Market Analysis for MELFORD RISE, WS7 1YW

Are you looking to understand WS7 1YW 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 Lichfield postcode.

For the location information and nearby amenities in the WS7 1YW area, explore the WS7 1YW Area information page.
For comprehensive crime statistics in the WS7 1YW area, explore the WS7 1YW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WS7 1YW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £119,071 median price is £75,500 Standard Deviation is £60,378 with Total Sold: 7
    • The Last 5 Year average price is £205,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 MELFORD RISE: £225,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is 7 MELFORD RISE: £58,000 (Sold on 26 Mar 1996)
  • Detached
    • The average price is around £148,313 median price is £134,950 Standard Deviation is £51,976 with Total Sold: 9
    • The Last 5 Year average price is £245,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MELFORD RISE: £245,000 (Sold on 01 Sep 2021)
    • The first recorded sale happened at this postcode is 2 MELFORD RISE: £94,500 (Sold on 25 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WS7 1YW 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £3,041 1
2019£185,0001
2015£140,000 £1,373 1
1999£75,167 £814 3
1996£58,000 £658 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£245,000 £2,722 1
2016£210,000 £2,625 1
2009£180,000 £2,769 1
2007£157,000 £2,415 1
2001£80,3651
2000£103,000 £1,144 1
1999£134,9501
1997£130,0001
1995£94,500 £1,050 1

All the Sales in the MELFORD RISE, WS7 1YW

See the table below for more details on the sold house prices in the WS7 1YW, Lichfield postcode.

AddressSold DatePrice% Change
5 MELFORD RISETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-197514 Jul 2023£225,000First Sale
2 MELFORD RISEDetached, FreeholdArea: 90 Sq.mtrAge: 1967-197501 Sep 2021£245,000137.86%
21 Feb 2000£103,0008.99%
25 May 1995£94,500First Sale
6 MELFORD RISETerraced, Leasehold28 Jun 2019£185,000First Sale
4 MELFORD RISEDetached, FreeholdArea: 80 Sq.mtrAge: 1967-197507 Sep 2016£210,000First Sale
8 MELFORD RISETerraced, FreeholdArea: 102 Sq.mtrAge: 1967-197529 Jul 2015£140,00085.43%
29 Jul 1999£75,500First Sale
15 MELFORD RISEDetached, FreeholdArea: 65 Sq.mtrAge: 1967-197518 Dec 2009£180,00014.65%
05 Apr 2007£157,000First Sale
1 MELFORD RISEDetached, Freehold05 Feb 2001£80,365First Sale
7 MELFORD RISETerraced, FreeholdArea: 88.17 Sq.mtrAge: 1967-197525 Nov 1999£75,0000.0
12 Aug 1999£75,00029.31%
26 Mar 1996£58,000First Sale
5, MELFORD GRANGE MELFORD RISEDetached, Freehold30 Jul 1999£134,9503.81%
28 Oct 1997£130,000First Sale

Check out the sold house prices near the WS7 1YW postcode. Properties currently for saleProperties currently for rent

MELFORD RISE, WS7 1YW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WS7 1YW 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 WS7 1YW postcode.

  • Semi-Detached
    • The average price is around £117,765 median price is £118,000 Standard Deviation is £61,751 with Total Sold: 1,057
    • The Last 5 Year average price is £206,890 with Total Sold: 142
    • The most recent sale happened at this postcode is , 5 HOLLY GROVE LANE: £135,000 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , 21 LEA HALL DRIVE: £50,950 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £106,116 median price is £105,500 Standard Deviation is £52,800 with Total Sold: 472
    • The Last 5 Year average price is £177,005 with Total Sold: 75
    • The most recent sale happened at this postcode is , 9 EASTGATE STREET: £150,000 (Sold on 03 Jun 2024)
    • The first recorded sale happened at this postcode is , 27 LEA HALL DRIVE: £44,950 (Sold on 25 Jan 1995)
  • Detached
    • The average price is around £166,002 median price is £163,500 Standard Deviation is £88,009 with Total Sold: 552
    • The Last 5 Year average price is £270,943 with Total Sold: 92
    • The most recent sale happened at this postcode is , 4 CHAWNER CLOSE: £215,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 23 WATER STREET: £95,000 (Sold on 25 Jan 1995)
  • Other
    • The average price is around £192,731 median price is £118,750 Standard Deviation is £320,915 with Total Sold: 24
    • The Last 5 Year average price is £246,131 with Total Sold: 14
    • The most recent sale happened at this postcode is FLAT 2B, EVERALL HOUSE, 80 - 82 PRINCESS STREET: £341,000 (Sold on 14 May 2024)
    • The first recorded sale happened at this postcode is , 12 VISCOUNT ROAD: £125,000 (Sold on 12 Jul 2013)
  • Flat
    • The average price is around £86,022 median price is £85,000 Standard Deviation is £38,802 with Total Sold: 67
    • The Last 5 Year average price is £121,750 with Total Sold: 12
    • The most recent sale happened at this postcode is , 10 ALBION WAY: £105,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 72 CHORLEY ROAD: £36,500 (Sold on 06 Oct 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£199,500 £3,334 6
2023£251,583 £2,900 18
2022£222,123 £2,747 28
2021£211,399 £2,454 39
2020£181,182 £2,229 22
2019£179,412 £2,232 29
2018£177,320 £2,306 28
2017£195,868 £2,278 34
2016£154,824 £2,049 40
2015£133,900 £1,736 46
2014£137,819 £1,847 39
2013£130,044 £1,733 29
2012£124,563 £1,737 22
2011£127,183 £1,711 28
2010£131,324 £1,508 17
2009£115,222 £1,420 18
2008£135,335 £1,586 17
2007£138,923 £1,802 41
2006£133,341 £1,675 46
2005£133,892 £1,654 52
2004£118,758 £1,563 41
2003£95,048 £1,274 48
2002£78,939 £938 52
2001£65,856 £855 41
2000£59,216 £790 48
1999£52,948 £715 53
1998£50,645 £651 42
1997£51,784 £627 44
1996£44,025 £535 49
1995£45,686 £621 40
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£189,268 £2,673 14
2022£205,608 £2,724 17
2021£186,466 £2,177 16
2020£159,194 £2,243 9
2019£142,450 £1,852 18
2018£140,967 £2,030 15
2017£139,339 £1,751 22
2016£121,950 £1,832 17
2015£124,930 £1,592 15
2014£114,747 £1,657 18
2013£114,227 £1,511 11
2012£124,000 £1,633 9
2011£104,071 £1,613 7
2010£104,215 £1,505 10
2009£105,250 £1,599 4
2008£113,288 £1,454 12
2007£119,562 £1,646 20
2006£116,064 £1,680 35
2005£118,057 £1,630 26
2004£97,778 £1,407 23
2003£81,053 £1,206 18
2002£63,570 £965 24
2001£55,537 £727 12
2000£52,326 £717 17
1999£45,822 £635 18
1998£41,057 £576 13
1997£37,483 £544 15
1996£39,079 £591 17
1995£41,984 £670 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,600 £3,555 5
2023£271,202 £2,917 11
2022£299,327 £3,061 26
2021£274,293 £3,073 22
2020£247,864 £3,105 11
2019£247,184 £2,359 17
2018£236,478 £2,323 25
2017£227,240 £2,434 24
2016£213,000 £2,320 18
2015£195,857 £2,040 14
2014£193,033 £2,068 25
2013£203,375 £2,127 12
2012£164,681 £1,911 8
2011£192,750 £1,977 8
2010£204,558 £1,835 12
2009£176,197 £1,843 15
2008£160,955 £1,750 11
2007£211,836 £2,064 14
2006£194,090 £2,207 20
2005£201,019 £1,760 11
2004£170,868 £2,045 24
2003£136,610 £1,324 26
2002£112,176 £1,185 25
2001£84,879 £813 14
2000£80,030 £858 31
1999£76,750 £767 22
1998£69,175 £792 30
1997£72,162 £626 24
1996£64,016 £599 16
1995£66,642 £693 31
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,5002
2023£129,800 £142 5
2022£5,6851
2021£153,383 £1,292 3
2019£661,333 £2,940 3
2018£87,500 £850 3
2017£84,342 £1,480 3
2016£56,375 £783 2
2015£426,4371
2013£125,000 £1,953 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£111,667 £1,870 3
2022£127,667 £1,898 3
2021£133,500 £2,222 2
2020£108,000 £1,865 2
2019£130,000 £1,548 2
2018£104,779 £1,956 4
2017£126,983 £1,664 3
2016£116,000 £1,788 5
2015£79,167 £1,345 3
2014£95,000 £2,021 1
2013£96,612 £1,829 4
2012£127,250 £2,335 2
2011£62,000 £1,000 1
2010£78,250 £1,799 2
2009£48,500 £866 1
2008£92,000 £1,957 1
2007£93,000 £1,860 3
2006£86,875 £1,339 4
2005£84,975 £1,502 2
2004£78,500 £875 3
2003£51,000 £944 1
2002£45,250 £1,006 2
2001£55,250 £835 2
2000£40,0001
1999£25,500 £472 1
1998£31,000 £476 3
1997£24,000 £444 1
1996£30,000 £580 2
1995£21,175 £657 3

House Type in WS7 1YW area

The most common house types in the WS7 1YW postcode area are Semi-detached (70), Detached (40), and Terraced (6).

Total117
Semi-detached70
Detached40
Terraced6
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright61
Owned: Owns with a mortgage or loan27
Social rented: Other social rented15
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the WS7 1YW have 2 people in household (50), and 1 person in household (39).

2 people in household50
1 person in household39
3 people in household14
4 people in household9
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0