Housing Market Analysis for OAK LANE, WS7 2HE

Are you looking to understand WS7 2HE 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 2HE area, explore the WS7 2HE Area information page.
For comprehensive crime statistics in the WS7 2HE area, explore the WS7 2HE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WS7 2HE postcode area, The average prices are as follows,

  • Flat
    • The average price is around £62,929 median price is £85,000 Standard Deviation is £26,745 with Total Sold: 7
    • The most recent sale happened at this postcode is 75 OAK LANE: £85,000 (Sold on 31 Aug 2018)
    • The first recorded sale happened at this postcode is 81A OAK LANE: £24,000 (Sold on 12 Aug 1997)
  • Terraced
    • The average price is around £48,725 median price is £48,725 Standard Deviation is £9,775 with Total Sold: 2
    • The most recent sale happened at this postcode is 23 OAK LANE: £58,500 (Sold on 26 Sep 2003)
    • The first recorded sale happened at this postcode is 29 OAK LANE: £38,950 (Sold on 25 Aug 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average WS7 2HE 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£85,000 £1,371 1
2016£85,000 £1,371 1
2015£85,000 £1,518 1
2004£85,0001
2003£51,000 £944 1
1999£25,500 £472 1
1997£24,000 £444 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£58,500 £992 1
2000£38,950 £672 1

All the Sales in the OAK LANE, WS7 2HE

See the table below for more details on the sold house prices in the WS7 2HE, Lichfield postcode.

AddressSold DatePrice% Change
75 OAK LANEFlat, LeaseholdArea: 62 Sq.mtrAge: 1967-197531 Aug 2018£85,0000.0
16 Sep 2016£85,000First Sale
77A OAK LANEFlat, LeaseholdArea: 56 Sq.mtrAge: 1967-197519 Jun 2015£85,000First Sale
31 OAK LANEFlat, Leasehold03 Dec 2004£85,000First Sale
23 OAK LANETerraced, LeaseholdArea: 59 Sq.mtrAge: 1950-196626 Sep 2003£58,500First Sale
81A OAK LANEFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-197504 Jul 2003£51,000100.00%
10 Dec 1999£25,5006.25%
12 Aug 1997£24,000First Sale
29 OAK LANETerraced, LeaseholdArea: 58 Sq.mtrAge: 1950-196625 Aug 2000£38,950First Sale

Check out the sold house prices near the WS7 2HE postcode. Properties currently for saleProperties currently for rent

OAK LANE, WS7 2HE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WS7 2HE 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 2HE postcode.

  • Detached
    • The average price is around £178,346 median price is £172,000 Standard Deviation is £91,063 with Total Sold: 470
    • The Last 5 Year average price is £274,064 with Total Sold: 89
    • The most recent sale happened at this postcode is , 178 CHORLEY ROAD: £385,000 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , 32 NORTH STREET: £21,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £110,475 median price is £106,142 Standard Deviation is £54,352 with Total Sold: 404
    • The Last 5 Year average price is £186,033 with Total Sold: 64
    • The most recent sale happened at this postcode is , 14 OAK LANE: £100,000 (Sold on 11 Apr 2024)
    • The first recorded sale happened at this postcode is , 3 FERNLEIGH AVENUE: £42,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £119,415 median price is £111,500 Standard Deviation is £85,921 with Total Sold: 10
    • The Last 5 Year average price is £111,525 with Total Sold: 6
    • The most recent sale happened at this postcode is , 14 CHORLEY ROAD: £6,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 9A PARKHILL ROAD: £47,000 (Sold on 14 Jun 2017)
  • Semi-Detached
    • The average price is around £120,178 median price is £120,500 Standard Deviation is £66,144 with Total Sold: 662
    • The Last 5 Year average price is £203,376 with Total Sold: 100
    • The most recent sale happened at this postcode is , 182 CHORLEY ROAD: £121,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , 71 REDWOOD DRIVE: £47,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £68,327 median price is £65,000 Standard Deviation is £36,246 with Total Sold: 87
    • The Last 5 Year average price is £111,955 with Total Sold: 11
    • 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 , 15A PARKHILL ROAD: £27,895 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,333 £3,857 3
2023£272,500 £2,878 10
2022£291,280 £3,304 23
2021£258,130 £3,001 25
2020£305,500 £3,195 12
2019£244,250 £2,555 16
2018£247,950 £2,476 20
2017£228,324 £2,632 17
2016£216,639 £2,418 18
2015£208,923 £2,120 14
2014£194,669 £2,152 17
2013£212,568 £1,999 14
2012£169,619 £1,850 8
2011£177,682 £1,806 11
2010£214,343 £1,493 8
2009£155,067 £1,670 15
2008£186,8754
2007£216,297 £2,076 15
2006£187,060 £2,146 15
2005£226,415 £1,602 15
2004£168,038 £1,595 17
2003£158,623 £1,599 15
2002£124,368 £1,123 25
2001£116,269 £1,152 17
2000£91,900 £944 21
1999£86,876 £790 17
1998£78,576 £827 19
1997£95,284 £806 16
1996£69,246 £764 12
1995£76,045 £721 31
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,694 £2,426 4
2023£184,410 £2,584 14
2022£224,330 £2,949 13
2021£191,278 £2,288 9
2020£196,064 £2,247 7
2019£154,550 £1,947 17
2018£151,304 £2,139 13
2017£146,498 £1,766 21
2016£131,232 £1,747 20
2015£147,112 £1,736 13
2014£122,765 £1,809 13
2013£125,805 £1,533 10
2012£119,450 £1,622 10
2011£111,562 £1,639 8
2010£110,079 £1,500 12
2009£111,600 £1,606 5
2008£117,677 £1,473 11
2007£125,835 £1,777 11
2006£107,332 £1,638 20
2005£118,441 £1,526 17
2004£96,564 £1,398 21
2003£83,783 £1,163 15
2002£69,110 £1,012 19
2001£53,544 £625 15
2000£55,247 £730 16
1999£51,297 £656 17
1998£42,745 £543 11
1997£42,431 £545 16
1996£45,824 £597 19
1995£44,279 £655 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£6,0001
2023£219,0001
2021£130,5752
2020£50,000 £676 1
2019£133,000 £2,558 1
2018£144,000 £1,721 2
2017£118,500 £1,027 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,167 £2,300 3
2023£211,684 £2,449 14
2022£241,292 £3,059 24
2021£204,934 £2,533 22
2020£173,632 £2,265 19
2019£181,222 £2,219 18
2018£190,400 £2,096 20
2017£218,818 £2,321 22
2016£155,581 £2,144 18
2015£134,604 £1,653 27
2014£140,172 £1,799 20
2013£141,881 £1,950 14
2012£117,991 £1,458 11
2011£125,597 £1,683 19
2010£121,030 £1,409 15
2009£105,708 £1,210 12
2008£141,480 £1,431 15
2007£139,115 £1,741 33
2006£138,022 £1,532 26
2005£134,291 £1,631 21
2004£120,621 £1,353 26
2003£94,143 £1,184 28
2002£83,066 £934 34
2001£70,243 £876 23
2000£56,576 £657 30
1999£54,048 £738 26
1998£52,637 £667 33
1997£53,716 £609 27
1996£47,562 £574 33
1995£48,697 £614 29
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£111,667 £1,870 3
2022£116,250 £2,007 4
2021£120,000 £1,818 1
2020£103,833 £1,816 3
2018£85,000 £1,371 1
2017£137,738 £1,760 4
2016£103,000 £1,522 4
2015£79,167 £1,345 3
2014£95,000 £2,021 1
2013£74,000 £1,289 2
2011£62,000 £1,000 1
2010£79,250 £1,575 2
2008£92,500 £1,873 2
2007£90,000 £1,412 2
2006£87,667 £1,385 6
2005£73,225 £1,149 4
2004£80,000 £875 4
2003£57,490 £1,041 5
2002£46,398 £907 5
2001£42,260 £701 5
2000£34,625 £517 4
1999£30,000 £543 3
1998£29,333 £488 6
1997£28,667 £517 3
1996£23,988 £482 6
1995£31,632 £464 3

House Type in WS7 2HE area

The most common house types in the WS7 2HE postcode area are Semi-detached (58), Flat (40), and Terraced (17).

Total131
Semi-detached58
Flat40
Terraced17
Detached15
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (66), and Owned: Owns outright (30).

Social rented: Other social rented66
Owned: Owns outright30
Owned: Owns with a mortgage or loan19
Social rented: Rents from council or Local Authority9
Private rented: Private landlord or letting agency8
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the WS7 2HE have 1 person in household (58), and 2 people in household (27).

1 person in household58
2 people in household27
3 people in household23
5 people in household10
4 people in household9
8 or more people in household2
6 people in household1
0 people in household0
7 people in household0