Housing Market Analysis for MITRE CLOSE, WV12 5LP

Are you looking to understand WV12 5LP 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 Walsall postcode.

For the location information and nearby amenities in the WV12 5LP area, explore the WV12 5LP Area information page.
For comprehensive crime statistics in the WV12 5LP area, explore the WV12 5LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV12 5LP postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £80,417 median price is £79,500 Standard Deviation is £31,148 with Total Sold: 6
    • The Last 5 Year average price is £118,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 MITRE CLOSE: £125,000 (Sold on 29 Nov 2022)
    • The first recorded sale happened at this postcode is 16 MITRE CLOSE: £42,000 (Sold on 20 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average WV12 5LP 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
2022£125,000 £1,838 1
2019£112,500 £1,705 1
2012£79,000 £1,197 1
2007£80,0001
2001£44,0001
2000£42,000 £636 1

All the Sales in the MITRE CLOSE, WV12 5LP

See the table below for more details on the sold house prices in the WV12 5LP, Walsall postcode.

AddressSold DatePrice% Change
4 MITRE CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1950-196629 Nov 2022£125,000First Sale
16 MITRE CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1950-196620 Dec 2019£112,50042.41%
20 Nov 2012£79,00088.10%
20 Dec 2000£42,000First Sale
2 MITRE CLOSETerraced, Freehold11 Jun 2007£80,00081.82%
02 Nov 2001£44,000First Sale

Check out the sold house prices near the WV12 5LP postcode. Properties currently for saleProperties currently for rent

MITRE CLOSE, WV12 5LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV12 5LP 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 WV12 5LP postcode.

  • Terraced
    • The average price is around £97,223 median price is £95,000 Standard Deviation is £45,266 with Total Sold: 621
    • The Last 5 Year average price is £150,549 with Total Sold: 122
    • The most recent sale happened at this postcode is , 24 COLTHAM ROAD: £159,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 5 COWPER CLOSE: £34,000 (Sold on 09 Jan 1995)
  • Semi-Detached
    • The average price is around £107,397 median price is £107,500 Standard Deviation is £49,626 with Total Sold: 863
    • The Last 5 Year average price is £169,712 with Total Sold: 157
    • The most recent sale happened at this postcode is , 33 COLTHAM ROAD: £245,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 54 DELAMERE ROAD: £40,000 (Sold on 01 Feb 1995)
  • Flat
    • The average price is around £89,210 median price is £94,000 Standard Deviation is £25,223 with Total Sold: 263
    • The Last 5 Year average price is £96,939 with Total Sold: 67
    • The most recent sale happened at this postcode is , 237 LICHFIELD ROAD: £100,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is FLAT, 39 WORDSWORTH ROAD: £15,000 (Sold on 27 Aug 1997)
  • Detached
    • The average price is around £162,112 median price is £158,500 Standard Deviation is £72,510 with Total Sold: 200
    • The Last 5 Year average price is £232,742 with Total Sold: 31
    • The most recent sale happened at this postcode is , 27 WOOD LANE: £275,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , 6 LITTLE LANE: £35,000 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £333,559 median price is £186,750 Standard Deviation is £525,901 with Total Sold: 22
    • The Last 5 Year average price is £379,175 with Total Sold: 16
    • The most recent sale happened at this postcode is , 7 DELAMERE ROAD: £2,658,000 (Sold on 23 Nov 2021)
    • The first recorded sale happened at this postcode is , ST EDMUND GENNINGS CHURCH HALL RUGELEY AVENUE: £150,000 (Sold on 22 Jan 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,500 £2,861 4
2023£170,192 £2,421 26
2022£156,884 £2,189 24
2021£159,783 £2,095 23
2020£132,789 £1,790 19
2019£126,027 £1,733 26
2018£113,386 £1,704 18
2017£112,776 £1,546 25
2016£106,612 £1,444 24
2015£101,875 £1,326 24
2014£107,094 £1,402 16
2013£92,833 £1,189 9
2012£96,226 £1,214 14
2011£88,667 £1,189 15
2010£97,745 £1,321 12
2009£117,902 £1,523 22
2008£130,171 £1,931 31
2007£107,344 £1,371 26
2006£98,278 £1,360 28
2005£106,625 £1,323 16
2004£86,188 £1,203 21
2003£73,409 £1,014 37
2002£60,990 £850 22
2001£48,435 £653 17
2000£41,241 £604 29
1999£38,127 £474 15
1998£39,395 £532 10
1997£43,328 £715 30
1996£50,588 £732 21
1995£38,379 £445 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,000 £2,165 4
2023£200,167 £2,543 30
2022£180,866 £2,239 28
2021£172,659 £2,343 35
2020£144,889 £1,962 18
2019£148,202 £1,718 42
2018£129,939 £1,537 33
2017£138,050 £1,662 28
2016£116,771 £1,534 34
2015£117,480 £1,496 25
2014£112,428 £1,520 25
2013£106,473 £1,400 22
2012£99,125 £1,238 16
2011£111,033 £1,420 22
2010£104,345 £1,255 24
2009£108,652 £1,368 23
2008£128,100 £1,563 28
2007£122,871 £1,540 44
2006£127,450 £1,444 31
2005£112,020 £1,261 39
2004£107,376 £1,392 38
2003£86,001 £1,110 33
2002£77,172 £1,082 36
2001£54,009 £680 35
2000£49,743 £650 29
1999£48,125 £597 32
1998£50,497 £689 21
1997£43,198 £540 28
1996£45,678 £665 38
1995£41,134 £582 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,000 £1,460 1
2023£111,975 £1,773 10
2022£106,200 £1,747 10
2021£89,711 £1,445 17
2020£93,416 £1,488 19
2019£91,315 £1,584 10
2018£92,654 £1,689 13
2017£90,000 £1,377 6
2016£86,955 £1,442 11
2015£89,536 £1,400 7
2014£89,150 £1,474 5
2013£81,917 £1,300 6
2012£100,400 £1,395 5
2011£63,868 £991 7
2010£91,717 £1,472 24
2009£95,767 £1,517 27
2008£94,738 £1,640 20
2007£117,507 £1,740 18
2006£96,412 £1,628 21
2005£62,500 £1,186 3
2004£58,750 £984 4
2003£41,110 £715 4
2002£30,500 £480 5
2001£16,250 £318 3
2000£16,773 £333 3
1999£26,000 £412 1
1998£26,1502
1997£15,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£232,500 £2,806 6
2022£290,200 £3,072 5
2021£208,000 £2,009 6
2020£227,417 £1,958 6
2019£219,562 £2,403 8
2018£219,722 £2,002 9
2017£241,750 £2,448 4
2016£197,600 £2,198 10
2015£182,500 £1,781 4
2014£211,151 £1,852 11
2013£180,143 £1,792 7
2012£148,000 £1,595 7
2011£146,590 £1,659 5
2010£227,400 £1,861 5
2009£148,494 £1,908 8
2008£157,333 £1,904 3
2007£193,099 £2,049 5
2006£182,217 £1,589 9
2005£149,325 £1,608 10
2004£167,615 £1,584 13
2003£135,929 £1,345 7
2002£111,994 £1,495 9
2001£91,271 £950 7
2000£56,700 £693 6
1999£87,238 £1,017 4
1998£61,000 £581 4
1997£70,564 £609 7
1996£77,284 £710 11
1995£63,499 £727 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£660,400 £10,913 7
2020£186,400 £1,130 5
2019£128,000 £1,124 4
2018£177,500 £2,161 2
2017£333,250 £5,044 2
2016£125,0002

House Type in WV12 5LP area

The most common house types in the WV12 5LP postcode area are Semi-detached (91), Terraced (20), and Detached (16).

Total131
Semi-detached91
Terraced20
Detached16
Flat4
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 with a mortgage or loan (48), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan48
Owned: Owns outright38
Social rented: Other social rented17
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency13
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the WV12 5LP have 2 people in household (48), and 3 people in household (36).

2 people in household48
3 people in household36
1 person in household23
4 people in household14
5 people in household9
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0