Housing Market Analysis for RIDGE LANE, WV11 3TU

Are you looking to understand WV11 3TU 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 Wolverhampton postcode.

For the location information and nearby amenities in the WV11 3TU area, explore the WV11 3TU Area information page.
For comprehensive crime statistics in the WV11 3TU area, explore the WV11 3TU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV11 3TU postcode area, The average prices are as follows,

Flat
- The average price is around £62,494 median price is £64,500 Standard Deviation is £19,568 with Total Sold: 8
- The Last 5 Year average price is £82,750 with Total Sold: 2
- The most recent sale happened at this postcode is 140 RIDGE LANE: £93,500 (Sold on 16 Jun 2023)
- The first recorded sale happened at this postcode is 140 RIDGE LANE: £25,500 (Sold on 06 Dec 1999)
Semi-Detached
- The average price is around £110,443 median price is £117,000 Standard Deviation is £52,352 with Total Sold: 7
- The Last 5 Year average price is £205,000 with Total Sold: 1
- The most recent sale happened at this postcode is 63 RIDGE LANE: £205,000 (Sold on 04 Apr 2022)
- The first recorded sale happened at this postcode is 146 RIDGE LANE: £37,000 (Sold on 24 Jan 1997)
Terraced
- The average price is around £133,364 median price is £136,500 Standard Deviation is £62,739 with Total Sold: 7
- The Last 5 Year average price is £197,500 with Total Sold: 2
- The most recent sale happened at this postcode is 87 RIDGE LANE: £150,000 (Sold on 05 Jul 2019)
- The first recorded sale happened at this postcode is 73 RIDGE LANE: £245,000 (Sold on 02 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average WV11 3TU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£93,500	£1,833	1
2019	£72,000	£1,458	1
2018	£79,000	£1,549	1
2014	£67,000	£1,340	1
2012	£56,000	£1,134	1
2010	£62,000	£1,216	1
2002	£44,950	£881	1
1999	£25,500	£500	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£205,000	£2,278	1
2012	£117,000	£1,366	1
2010	£127,000	£1,582	1
2007	£133,000	£1,446	1
2004	£107,000		1
1999	£47,100	£587	1
1997	£37,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£150,000	£1,923	1
2018	£165,000	£1,988	1
2017	£136,500	£1,534	1
2007	£135,000	£1,646	1
2000	£62,000		1
1999	£40,050		1
2024	£245,000		1

All the Sales in the RIDGE LANE, WV11 3TU

See the table below for more details on the sold house prices in the WV11 3TU, Wolverhampton postcode.

Address	Sold Date	Price	% Change
140 RIDGE LANEFlat, LeaseholdArea: 51 Sq.mtrAge: 1967-1975	16 Jun 2023	£93,500	108.01%
	28 Jun 2002	£44,950	76.27%
	06 Dec 1999	£25,500	First Sale
63 RIDGE LANESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	04 Apr 2022	£205,000	First Sale
87 RIDGE LANETerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	05 Jul 2019	£150,000	First Sale
76 RIDGE LANEFlat, LeaseholdArea: 49.39 Sq.mtrAge: 1950-1966	07 Mar 2019	£72,000	28.57%
	21 May 2012	£56,000	First Sale
136 RIDGE LANEFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-1966	12 Oct 2018	£79,000	27.42%
136 RIDGE LANEFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-1966	16 Apr 2010	£62,000	First Sale
79 RIDGE LANETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	10 Aug 2018	£165,000	First Sale
71 RIDGE LANETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	20 Oct 2017	£136,500	First Sale
132 RIDGE LANEFlat, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	08 Aug 2014	£67,000	First Sale
65 RIDGE LANESemi-Detached, FreeholdArea: 85.68 Sq.mtrAge: 1930-1949	17 Aug 2012	£117,000	First Sale
85 RIDGE LANESemi-Detached, FreeholdArea: 80.3 Sq.mtrAge: 1950-1966	10 Sep 2010	£127,000	169.64%
	04 May 1999	£47,100	First Sale
154 RIDGE LANESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1976-1982	10 Sep 2007	£133,000	First Sale
73 RIDGE LANETerraced, FreeholdArea: 82 Sq.mtrAge: 1930-1949	11 May 2007	£135,000	-44.90%
	02 Feb 2024	£245,000	First Sale
67 RIDGE LANESemi-Detached, Freehold	04 Jun 2004	£107,000	First Sale
75 RIDGE LANETerraced, Freehold	15 Sep 2000	£62,000	54.81%
75 RIDGE LANETerraced, Freehold	09 Aug 1999	£40,050	First Sale
146 RIDGE LANESemi-Detached, Leasehold	24 Jan 1997	£37,000	First Sale

Check out the sold house prices near the WV11 3TU postcode. Properties currently for saleProperties currently for rent

RIDGE LANE, WV11 3TU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV11 3TU 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 WV11 3TU postcode.

Terraced
- The average price is around £108,794 median price is £105,000 Standard Deviation is £48,966 with Total Sold: 446
- The Last 5 Year average price is £161,652 with Total Sold: 105
- The most recent sale happened at this postcode is , 35 HYDE ROAD: £90,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 17 DUCKHOUSE ROAD: £50,000 (Sold on 03 Mar 1995)
Semi-Detached
- The average price is around £111,499 median price is £110,000 Standard Deviation is £55,062 with Total Sold: 929
- The Last 5 Year average price is £187,820 with Total Sold: 172
- The most recent sale happened at this postcode is , 12 LEWIS GROVE: £287,500 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 45 AMOS LANE: £41,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £146,792 median price is £137,250 Standard Deviation is £72,743 with Total Sold: 200
- The Last 5 Year average price is £237,282 with Total Sold: 23
- The most recent sale happened at this postcode is , 5 CHERRY GROVE: £164,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 19 SUDBURY CLOSE: £56,000 (Sold on 30 Jun 1995)
Flat
- The average price is around £57,986 median price is £62,250 Standard Deviation is £24,386 with Total Sold: 88
- The Last 5 Year average price is £79,312 with Total Sold: 16
- The most recent sale happened at this postcode is , 357 WOOD END ROAD: £110,000 (Sold on 26 Feb 2024)
- The first recorded sale happened at this postcode is , 3 ANSTON WAY: £19,625 (Sold on 30 Jun 1995)
Other
- The average price is around £236,800 median price is £255,000 Standard Deviation is £87,103 with Total Sold: 5
- The Last 5 Year average price is £276,000 with Total Sold: 4
- The most recent sale happened at this postcode is , WEDNESFIELD METHODIST CHURCH WOOD END ROAD: £283,999 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 80 LOWER PRESTWOOD ROAD: £80,000 (Sold on 30 Sep 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£207,500	£2,595	6
2023	£179,300	£2,207	15
2022	£197,250	£2,327	18
2021	£146,700	£1,913	25
2020	£144,513	£1,882	19
2019	£139,784	£1,714	22
2018	£136,881	£1,627	13
2017	£124,866	£1,520	21
2016	£113,575	£1,433	16
2015	£114,833	£1,458	12
2014	£108,076	£1,365	19
2013	£103,700	£1,337	10
2012	£97,100	£1,286	15
2011	£102,850	£1,115	10
2010	£111,667	£1,401	12
2009	£114,000	£1,346	10
2008	£107,400	£1,300	10
2007	£118,694	£1,401	24
2006	£117,174	£1,572	21
2005	£103,632	£1,210	11
2004	£109,910	£1,266	19
2003	£77,606	£945	16
2002	£64,045	£872	21
2001	£51,677	£609	11
2000	£49,375	£519	14
1999	£47,211	£530	13
1998	£40,943	£543	14
1997	£44,821	£522	14
1996	£37,630	£476	5
1995	£43,575	£487	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£201,150	£2,380	10
2023	£222,404	£2,601	25
2022	£217,845	£2,416	40
2021	£174,523	£2,087	40
2020	£155,326	£1,922	23
2019	£160,772	£1,919	34
2018	£156,848	£1,911	28
2017	£134,520	£1,615	25
2016	£132,017	£1,568	35
2015	£119,639	£1,478	36
2014	£119,171	£1,379	29
2013	£111,533	£1,357	21
2012	£109,821	£1,336	27
2011	£106,980	£1,323	25
2010	£109,418	£1,400	31
2009	£93,400	£1,214	10
2008	£122,810	£1,421	27
2007	£124,071	£1,471	48
2006	£123,790	£1,518	48
2005	£110,185	£1,281	24
2004	£103,219	£1,182	31
2003	£90,769	£1,019	31
2002	£71,544	£879	38
2001	£59,070	£695	19
2000	£51,824	£598	54
1999	£56,053	£660	49
1998	£47,828	£528	30
1997	£50,280	£615	38
1996	£44,102	£557	33
1995	£38,641	£455	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£140,750	£1,895	2
2023	£282,500	£3,491	2
2022	£249,083	£2,974	6
2021	£287,499	£2,783	4
2020	£223,500	£2,682	8
2019	£178,500	£2,177	1
2018	£191,143	£2,192	7
2017	£213,825	£2,220	6
2016	£242,096	£2,397	12
2015	£172,438	£1,785	9
2014	£151,300	£1,729	5
2013	£129,333	£1,667	3
2012	£187,000	£2,073	4
2011	£184,000	£1,770	3
2010	£155,167	£1,936	3
2009	£160,375	£1,630	4
2008	£160,000		2
2007	£155,667	£2,055	9
2006	£170,375	£1,829	8
2005	£163,750	£2,065	4
2004	£145,300	£1,620	10
2003	£158,350	£1,547	7
2002	£107,412	£1,482	12
2001	£81,250	£819	10
2000	£81,568	£1,077	11
1999	£87,880	£910	5
1998	£67,345	£855	10
1997	£87,669	£856	14
1996	£88,819	£838	16
1995	£70,333	£670	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£113,500	£1,746	2
2023	£93,500	£1,833	1
2022	£74,375	£1,619	4
2021	£82,167	£1,773	3
2020	£65,500	£1,359	2
2019	£68,375	£1,480	4
2018	£78,500	£1,375	2
2017	£60,500	£1,183	4
2016	£66,900	£1,279	5
2015	£64,125	£1,357	4
2014	£68,500	£1,346	4
2012	£73,333	£988	3
2011	£59,833	£1,112	3
2010	£62,000	£1,216	1
2009	£40,250	£787	2
2008	£81,000	£1,530	3
2007	£67,750	£1,119	2
2006	£70,000	£1,570	5
2005	£63,667	£1,237	3
2004	£71,500	£1,429	2
2003	£55,812	£1,246	8
2002	£30,483	£586	3
2001	£23,000	£486	2
2000	£25,250	£473	2
1999	£29,042	£581	4
1998	£21,500	£377	1
1997	£19,833	£357	3
1996	£24,167	£491	3
1995	£20,375	£374	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£254,500		2
2022	£255,000		1
2021	£340,000	£2,906	1
2016	£80,000		1

House Type in WV11 3TU area

The most common house types in the WV11 3TU postcode area are Semi-detached (78), Flat (35), and Detached (3).

Total	119
Semi-detached	78
Flat	35
Detached	3
Shared house	2
commercial building	1
Terraced	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	47
Owned: Owns with a mortgage or loan	33
Social rented: Rents from council or Local Authority	25
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0

Number of People in a Household

The most houses in the WV11 3TU have 2 people in household (40), and 1 person in household (36).

2 people in household	40
1 person in household	36
4 people in household	20
3 people in household	17
5 people in household	1
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0