Housing Market Analysis for REDWOOD WAY, WV12 5YL

Are you looking to understand WV12 5YL 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 WV12 5YL area, explore the WV12 5YL Area information page.
For comprehensive crime statistics in the WV12 5YL area, explore the WV12 5YL Crime Rates page.

Overview of Sold House prices

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

Semi-Detached
- The average price is around £111,234 median price is £116,000 Standard Deviation is £55,400 with Total Sold: 43
- The Last 5 Year average price is £213,070 with Total Sold: 5
- The most recent sale happened at this postcode is 31 REDWOOD WAY: £255,000 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 9 REDWOOD WAY: £47,500 (Sold on 30 Jan 1995)
Flat
- The average price is around £59,000 median price is £73,000 Standard Deviation is £31,181 with Total Sold: 12
- The Last 5 Year average price is £87,500 with Total Sold: 2
- The most recent sale happened at this postcode is 14 REDWOOD WAY: £80,000 (Sold on 21 Apr 2023)
- The first recorded sale happened at this postcode is 4 REDWOOD WAY: £8,000 (Sold on 29 Feb 1996)
Detached
- The average price is around £140,718 median price is £153,000 Standard Deviation is £91,964 with Total Sold: 11
- The Last 5 Year average price is £380,000 with Total Sold: 1
- The most recent sale happened at this postcode is 18A REDWOOD WAY: £380,000 (Sold on 17 Nov 2022)
- The first recorded sale happened at this postcode is 29 REDWOOD WAY: £52,500 (Sold on 28 Apr 1995)
Other
- The average price is around £4,875 median price is £4,875 Standard Deviation is £775 with Total Sold: 2
- The most recent sale happened at this postcode is 5 REDWOOD WAY: £4,100 (Sold on 15 Dec 2017)
- The first recorded sale happened at this postcode is 17 REDWOOD WAY: £5,650 (Sold on 07 Sep 2016)
Terraced
- The average price is around £130,000 median price is £130,000 Standard Deviation is £2,000 with Total Sold: 2
- The most recent sale happened at this postcode is 24 REDWOOD WAY: £132,000 (Sold on 30 Nov 2006)
- The first recorded sale happened at this postcode is 24 REDWOOD WAY: £128,000 (Sold on 07 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average WV12 5YL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£253,950	£3,680	3
2021	£168,500	£2,956	1
2020	£135,000	£2,368	1
2018	£158,000	£2,508	1
2017	£161,500	£2,097	1
2016	£175,000	£2,536	1
2014	£136,165	£2,031	3
2013	£140,000	£1,458	1
2012	£116,000	£1,208	1
2011	£119,833	£1,567	3
2009	£98,450	£1,603	2
2008	£133,000	£1,547	1
2007	£124,983	£1,808	3
2006	£124,975		2
2005	£139,000	£1,805	1
2004	£92,995		1
2003	£89,000		1
2002	£78,167	£786	3
2001	£60,995	£1,140	2
2000	£61,148	£991	3
1999	£51,000	£531	1
1998	£48,125	£578	4
1997	£47,500		1
1995	£46,250	£816	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£80,000	£2,000	1
2022	£95,000	£2,370	1
2016	£70,000	£1,667	1
2014	£87,000	£1,861	1
2006	£89,500	£2,075	2
2004	£76,000	£1,900	1
2000	£37,000	£925	1
1999	£32,500	£695	1
1997	£21,750	£855	2
1996	£8,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£380,000	£2,621	1
2016	£194,950	£2,349	1
2014	£155,000	£2,095	1
2011	£158,000	£2,061	1
2006	£186,500		1
2005	£153,000		1
2003	£82,000	£1,414	1
2000	£67,000	£905	1
1998	£49,000	£570	1
1997	£69,950	£843	1
1995	£52,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£4,100		1
2016	£5,650		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£132,000	£2,276	1
2005	£128,000	£2,207	1

All the Sales in the REDWOOD WAY, WV12 5YL

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

Address	Sold Date	Price	% Change
31 REDWOOD WAYSemi-Detached, LeaseholdArea: 69 Sq.mtrAge: 1976-1982	26 May 2023	£255,000	0.0
	26 May 2023	£255,000	1.25%
	19 May 2023	£251,850	43.91%
	18 Nov 2016	£175,000	First Sale
14 REDWOOD WAYFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	21 Apr 2023	£80,000	First Sale
18A REDWOOD WAYDetached, FreeholdArea: 145 Sq.mtrAge: 1983-1990	17 Nov 2022	£380,000	First Sale
2 REDWOOD WAYFlat, LeaseholdArea: 40.08 Sq.mtrAge: 1983-1990	28 Jan 2022	£95,000	177.37%
	10 Jun 1997	£34,250	First Sale
62 REDWOOD WAYSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	30 Sep 2021	£168,500	24.81%
	07 Oct 2020	£135,000	First Sale
37 REDWOOD WAYSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1983-1990	02 Nov 2018	£158,000	22.01%
	26 Jun 2014	£129,500	3.64%
	11 Apr 2007	£124,950	101.55%
	24 Aug 2001	£61,995	First Sale
5 REDWOOD WAYOther, Freehold	15 Dec 2017	£4,100	First Sale
41 REDWOOD WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1976-1982	06 Apr 2017	£161,500	17.97%
	05 Jun 2009	£136,900	First Sale
17 REDWOOD WAYOther, Freehold	07 Sep 2016	£5,650	First Sale
52 REDWOOD WAYDetached, FreeholdArea: 83 Sq.mtrAge: 1983-1990	17 Aug 2016	£194,950	178.70%
	18 Apr 1997	£69,950	First Sale
8 REDWOOD WAYFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-1990	27 Jun 2016	£70,000	16.67%
8 REDWOOD WAYFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-1990	14 Dec 2009	£60,000	First Sale
16 REDWOOD WAYFlat, LeaseholdArea: 46.75 Sq.mtrAge: 1976-1982	05 Dec 2014	£87,000	-3.33%
	03 Nov 2006	£90,000	176.92%
	11 Jun 1999	£32,500	First Sale
25 REDWOOD WAYDetached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	15 Aug 2014	£155,000	131.34%
	07 Apr 2000	£67,000	First Sale
24 REDWOOD WAYSemi-Detached, LeaseholdArea: 58 Sq.mtrAge: 1976-1982	28 Jul 2014	£129,995	-1.52%
	30 Nov 2006	£132,000	3.12%
	07 Oct 2005	£128,000	56.10%
	11 Apr 2003	£82,000	First Sale
34 REDWOOD WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1983-1990	07 May 2014	£149,000	210.42%
	25 Mar 1998	£48,000	First Sale
58 REDWOOD WAYSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1983-1990	30 Sep 2013	£140,000	First Sale
1 REDWOOD WAYSemi-Detached, LeaseholdArea: 96 Sq.mtrAge: 1983-1990	10 May 2012	£116,000	2.20%
	28 Apr 2011	£113,500	-9.20%
	02 Nov 2007	£125,000	65.56%
	27 Sep 2002	£75,500	48.04%
	27 Oct 1999	£51,000	First Sale
33 REDWOOD WAYDetached, LeaseholdArea: 76.68 Sq.mtrAge: 1976-1982	10 Nov 2011	£158,000	First Sale
56 REDWOOD WAYSemi-Detached, LeaseholdArea: 82.82 Sq.mtrAge: 1983-1990	21 Sep 2011	£140,000	First Sale
9 REDWOOD WAYSemi-Detached, LeaseholdArea: 58 Sq.mtrAge: 1983-1990	22 Jul 2011	£106,000	84.35%
	11 Dec 2000	£57,500	21.05%
	30 Jan 1995	£47,500	First Sale
28 REDWOOD WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1983-1990	29 Feb 2008	£133,000	171.43%
	11 Dec 1998	£49,000	First Sale
60 REDWOOD WAYSemi-Detached, Freehold	04 May 2007	£125,000	68.92%
	12 Jul 2002	£74,000	55.79%
	12 Dec 1997	£47,500	First Sale
6 REDWOOD WAYFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	12 Dec 2006	£89,000	17.11%
	24 Sep 2004	£76,000	105.41%
	30 Oct 2000	£37,000	First Sale
54 REDWOOD WAYSemi-Detached, Freehold	27 Oct 2006	£124,950	34.36%
54 REDWOOD WAYSemi-Detached, Freehold	16 Apr 2004	£92,995	First Sale
44 REDWOOD WAYDetached, Freehold	19 Oct 2006	£186,500	21.90%
44 REDWOOD WAYDetached, Freehold	04 Mar 2005	£153,000	First Sale
7 REDWOOD WAYSemi-Detached, Leasehold	26 Sep 2006	£125,000	155.10%
7 REDWOOD WAYSemi-Detached, Leasehold	27 Oct 1998	£49,000	First Sale
26 REDWOOD WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1976-1982	02 Dec 2005	£139,000	First Sale
30 REDWOOD WAYSemi-Detached, Freehold	25 Jul 2003	£89,000	First Sale
39 REDWOOD WAYSemi-Detached, Leasehold	26 Jul 2002	£85,000	21.44%
39 REDWOOD WAYSemi-Detached, Leasehold	08 Sep 2000	£69,995	First Sale
38 REDWOOD WAYSemi-Detached, LeaseholdArea: 53 Sq.mtrAge: 1976-1982	07 Sep 2001	£59,995	First Sale
32 REDWOOD WAYSemi-Detached, Freehold	26 Jul 2000	£55,950	First Sale
36 REDWOOD WAYSemi-Detached, Freehold	27 Nov 1998	£47,500	5.56%
36 REDWOOD WAYSemi-Detached, Freehold	24 Feb 1995	£45,000	First Sale
11 REDWOOD WAYSemi-Detached, Freehold	09 Apr 1998	£48,000	First Sale
4 REDWOOD WAYFlat, Leasehold	26 Sep 1997	£9,250	15.62%
4 REDWOOD WAYFlat, Leasehold	29 Feb 1996	£8,000	First Sale
29 REDWOOD WAYDetached, Leasehold	28 Apr 1995	£52,500	First Sale

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

REDWOOD WAY, WV12 5YL Near By properties

Interactive Map

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

Terraced
- The average price is around £102,712 median price is £102,000 Standard Deviation is £47,870 with Total Sold: 477
- The Last 5 Year average price is £158,682 with Total Sold: 90
- The most recent sale happened at this postcode is , 32 ROSEWOOD DRIVE: £175,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 6 MILESTONE WAY: £80,000 (Sold on 06 Feb 1995)
Detached
- The average price is around £163,043 median price is £157,500 Standard Deviation is £77,505 with Total Sold: 759
- The Last 5 Year average price is £294,536 with Total Sold: 89
- The most recent sale happened at this postcode is , 12 HOLLOWCROFT ROAD: £335,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 3 NEVIS GROVE: £67,500 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £104,470 median price is £102,000 Standard Deviation is £52,488 with Total Sold: 1,252
- The Last 5 Year average price is £177,204 with Total Sold: 210
- The most recent sale happened at this postcode is , 7 GREEN MEADOW ROAD: £210,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 11 CEDAR PARK ROAD: £49,500 (Sold on 11 Jan 1995)
Flat
- The average price is around £70,624 median price is £70,500 Standard Deviation is £25,404 with Total Sold: 150
- The Last 5 Year average price is £91,788 with Total Sold: 26
- The most recent sale happened at this postcode is FLAT 18, ARGYLL COURT, 133 ESSINGTON ROAD: £96,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 47 MOXHULL GARDENS: £29,995 (Sold on 21 Jun 1995)
Other
- The average price is around £412,364 median price is £43,870 Standard Deviation is £844,460 with Total Sold: 22
- The Last 5 Year average price is £850,906 with Total Sold: 7
- The most recent sale happened at this postcode is , 4 KINGTON CLOSE: £6,950 (Sold on 16 Nov 2023)
- The first recorded sale happened at this postcode is , ASHMORE PARK COMMUNITY CENTRE ASHMORE AVENUE: £198,000 (Sold on 25 Jan 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£141,738	£2,073	8
2023	£170,650	£2,502	10
2022	£183,497	£2,666	18
2021	£152,194	£2,222	18
2020	£176,750	£2,193	14
2019	£132,909	£1,931	22
2018	£129,547	£1,992	16
2017	£132,805	£1,935	18
2016	£126,750	£1,919	18
2015	£111,175	£1,499	14
2014	£110,018	£1,604	22
2013	£106,827	£1,546	11
2012	£96,750	£1,558	12
2011	£97,346	£1,372	13
2010	£132,125	£1,327	8
2009	£91,365	£1,519	10
2008	£102,240	£1,576	10
2007	£113,547	£1,442	30
2006	£110,242	£1,673	28
2005	£109,922	£1,633	18
2004	£92,614	£1,369	20
2003	£78,022	£1,194	16
2002	£63,839	£1,059	19
2001	£49,729	£759	19
2000	£46,486	£715	23
1999	£41,482	£662	14
1998	£40,150	£519	12
1997	£38,875	£638	12
1996	£41,226	£560	10
1995	£46,799	£716	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,400		5
2023	£302,583	£3,153	12
2022	£313,812	£3,244	16
2021	£322,835	£2,880	20
2020	£276,102	£2,567	20
2019	£249,750	£2,480	16
2018	£236,999	£2,346	18
2017	£242,329	£2,259	19
2016	£232,136	£2,253	18
2015	£212,915	£2,060	24
2014	£203,100	£1,952	20
2013	£187,868	£1,743	19
2012	£187,763	£1,866	19
2011	£174,821	£1,955	14
2010	£197,917	£1,783	12
2009	£176,000	£1,772	11
2008	£207,244	£1,614	17
2007	£200,822	£2,140	23
2006	£194,478	£2,228	35
2005	£183,126	£1,472	25
2004	£178,195	£1,599	29
2003	£151,777	£1,380	38
2002	£134,795	£1,223	41
2001	£115,796	£1,018	25
2000	£102,952	£1,032	53
1999	£92,394	£867	40
1998	£84,532	£881	43
1997	£80,739	£866	68
1996	£72,123	£599	30
1995	£72,248	£671	29

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£203,167	£2,957	12
2023	£201,939	£3,056	36
2022	£198,702	£2,604	41
2021	£165,399	£2,215	45
2020	£159,844	£2,234	32
2019	£154,555	£2,073	44
2018	£152,061	£2,012	32
2017	£136,485	£1,732	34
2016	£127,898	£1,741	35
2015	£125,626	£1,750	23
2014	£121,400	£1,632	40
2013	£112,055	£1,619	32
2012	£106,824	£1,590	27
2011	£116,971	£1,677	28
2010	£132,868	£1,720	17
2009	£114,554	£1,516	21
2008	£121,727	£1,691	24
2007	£124,014	£1,651	57
2006	£127,727	£1,775	54
2005	£117,797	£1,648	50
2004	£105,457	£1,610	41
2003	£89,861	£1,313	54
2002	£71,691	£964	44
2001	£62,152	£853	62
2000	£57,574	£814	60
1999	£51,894	£682	58
1998	£53,522	£641	66
1997	£47,400	£657	79
1996	£43,938	£578	52
1995	£47,272	£623	52

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£96,500	£1,516	2
2023	£101,833	£1,844	6
2022	£96,083	£1,926	6
2021	£95,625	£1,830	4
2020	£72,250	£1,630	4
2019	£83,625	£1,542	4
2018	£79,658	£1,479	6
2017	£83,312	£1,589	4
2016	£63,700	£1,346	5
2015	£75,165	£1,437	3
2014	£64,893	£1,334	7
2013	£80,040	£1,337	5
2012	£60,070	£1,413	7
2011	£90,000	£1,724	1
2010	£84,000	£1,410	3
2009	£76,000	£1,188	1
2008	£65,000	£1,912	1
2007	£77,125	£1,709	4
2006	£91,350	£1,828	10
2005	£97,590	£1,635	5
2004	£72,486	£1,740	15
2003	£77,216	£1,375	16
2002	£42,000	£700	1
2001	£36,199	£777	5
2000	£38,417	£750	6
1999	£34,908	£775	6
1998	£34,250	£500	2
1997	£34,167	£766	6
1996	£23,724	£508	4
1995	£29,995	£491	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£6,950	£107	1
2021	£2,658,000	£32,710	2
2020	£430,000		1
2019	£67,797	£922	3
2018	£6,525	£104	2
2017	£387,514	£354	6
2016	£111,075	£1,486	7

House Type in WV12 5YL area

The most common house types in the WV12 5YL postcode area are Semi-detached (95), Detached (31), and Terraced (1).

Total	128
Semi-detached	95
Detached	31
Terraced	1
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (57), and Owned: Owns outright (56).

Owned: Owns with a mortgage or loan	57
Owned: Owns outright	56
Private rented: Private landlord or letting agency	8
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the WV12 5YL have 2 people in household (46), and 3 people in household (32).

2 people in household	46
3 people in household	32
1 person in household	22
4 people in household	22
5 people in household	1
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0