Housing Market Analysis for NEW CROSS INDUSTRIAL ESTATE, WV1 2RZ

Are you looking to understand WV1 2RZ 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 WV1 2RZ area, explore the WV1 2RZ Area information page.
For comprehensive crime statistics in the WV1 2RZ area, explore the WV1 2RZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV1 2RZ postcode area, The average prices are as follows,

  • Other
    • The average price is around £347,200 median price is £384,000 Standard Deviation is £158,203 with Total Sold: 5
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 8 NEW CROSS INDUSTRIAL ESTATE: £220,000 (Sold on 07 Oct 2022)
    • The first recorded sale happened at this postcode is UNIT 9 NEW CROSS INDUSTRIAL ESTATE: £384,000 (Sold on 28 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average WV1 2RZ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£220,0001
2017£582,0001
2016£420,0001
2015£130,0001
2013£384,0001

All the Sales in the NEW CROSS INDUSTRIAL ESTATE, WV1 2RZ

See the table below for more details on the sold house prices in the WV1 2RZ, Wolverhampton postcode.

AddressSold DatePrice% Change
UNIT 8 NEW CROSS INDUSTRIAL ESTATEOther, Freehold07 Oct 2022£220,000First Sale
UNIT 9 NEW CROSS INDUSTRIAL ESTATEOther, Freehold27 Jul 2017£582,00038.57%
01 Mar 2016£420,0009.38%
28 Nov 2013£384,000First Sale
UNIT 2 NEW CROSS INDUSTRIAL ESTATEOther, Freehold28 Aug 2015£130,000First Sale

Check out the sold house prices near the WV1 2RZ postcode. Properties currently for saleProperties currently for rent

NEW CROSS INDUSTRIAL ESTATE, WV1 2RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV1 2RZ 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 WV1 2RZ postcode.

  • Semi-Detached
    • The average price is around £87,045 median price is £85,000 Standard Deviation is £42,733 with Total Sold: 537
    • The Last 5 Year average price is £147,860 with Total Sold: 81
    • The most recent sale happened at this postcode is , 17 BROOKLANDS PARADE: £225,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 273 DEANS ROAD: £35,500 (Sold on 03 Jan 1995)
  • Terraced
    • The average price is around £87,166 median price is £81,500 Standard Deviation is £42,733 with Total Sold: 131
    • The Last 5 Year average price is £140,047 with Total Sold: 32
    • The most recent sale happened at this postcode is , 172 DEANS ROAD: £183,500 (Sold on 17 Apr 2024)
    • The first recorded sale happened at this postcode is , 1 KELSALL CLOSE: £20,000 (Sold on 02 Feb 1996)
  • Flat
    • The average price is around £60,771 median price is £57,815 Standard Deviation is £34,747 with Total Sold: 83
    • The Last 5 Year average price is £82,710 with Total Sold: 19
    • The most recent sale happened at this postcode is , 7A KELSALL CLOSE: £87,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 280A DEANS ROAD: £7,000 (Sold on 02 Aug 1995)
  • Detached
    • The average price is around £122,812 median price is £114,500 Standard Deviation is £73,125 with Total Sold: 16
    • The Last 5 Year average price is £186,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , 132B DEANS ROAD: £176,000 (Sold on 28 Feb 2023)
    • The first recorded sale happened at this postcode is , 75 COVENTRY STREET: £42,000 (Sold on 30 May 1997)
  • Other
    • The average price is around £380,006 median price is £237,500 Standard Deviation is £314,943 with Total Sold: 17
    • The Last 5 Year average price is £248,571 with Total Sold: 7
    • The most recent sale happened at this postcode is , UNIT 8 NEW CROSS INDUSTRIAL ESTATE: £220,000 (Sold on 07 Oct 2022)
    • The first recorded sale happened at this postcode is , UNIT 9 NEW CROSS INDUSTRIAL ESTATE: £384,000 (Sold on 28 Nov 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,100 £2,531 5
2023£176,833 £2,133 12
2022£162,359 £1,883 16
2021£142,406 £1,712 16
2020£134,954 £1,877 12
2019£124,675 £1,523 20
2018£103,543 £1,450 21
2017£106,048 £1,355 21
2016£96,478 £1,266 23
2015£94,995 £1,234 20
2014£92,147 £1,187 17
2013£93,246 £1,159 14
2012£90,277 £1,143 12
2011£90,625 £1,327 12
2010£85,950 £1,111 12
2009£78,800 £1,265 5
2008£97,375 £1,235 8
2007£119,691 £1,418 40
2006£89,857 £1,176 21
2005£97,945 £1,215 20
2004£84,883 £992 29
2003£62,130 £854 28
2002£57,041 £674 24
2001£43,704 £624 26
2000£40,542 £526 19
1999£37,344 £481 19
1998£35,372 £478 16
1997£35,188 £456 16
1996£31,447 £354 19
1995£32,318 £473 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,7502
2023£163,556 £1,998 9
2022£125,000 £1,781 1
2021£132,833 £1,877 6
2020£124,071 £1,611 7
2019£116,786 £1,775 7
2018£88,200 £1,430 5
2017£81,250 £1,076 2
2016£99,875 £1,541 8
2015£73,749 £1,303 6
2014£68,025 £909 6
2013£75,625 £1,071 4
2012£69,096 £834 2
2011£98,000 £1,178 1
2010£88,000 £1,215 2
2009£59,000 £983 1
2008£81,406 £884 8
2007£94,083 £1,111 6
2006£86,100 £1,085 10
2005£72,200 £851 5
2004£79,074 £1,014 6
2003£51,220 £630 7
2002£38,444 £444 9
2001£34,562 £523 4
2000£20,500 £281 1
1999£18,000 £302 1
1998£25,000 £301 1
1997£30,750 £309 2
1996£15,200 £186 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,500 £1,699 2
2022£79,687 £1,620 8
2021£78,200 £1,448 5
2019£88,000 £1,126 4
2018£68,667 £1,087 3
2017£59,500 £1,214 3
2016£50,000 £603 3
2015£43,083 £743 6
2014£41,000 £1,419 2
2013£59,500 £944 1
2011£45,000 £859 2
2010£62,165 £1,129 3
2009£80,250 £1,533 2
2008£65,210 £850 3
2007£107,875 £2,138 10
2006£88,833 £1,463 3
2005£33,833 £468 3
2004£32,375 £539 4
2003£41,500 £890 2
2002£25,000 £493 5
1999£22,000 £458 1
1998£9,300 £169 2
1997£16,250 £335 2
1996£7,500 £136 1
1995£13,500 £266 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£176,000 £3,745 2
2022£285,000 £3,701 1
2020£147,500 £1,933 2
2018£253,500 £2,369 1
2015£124,0001
2011£87,500 £1,232 1
2006£105,000 £1,167 2
2002£148,000 £339 1
2001£43,0001
1999£39,0001
1998£43,0002
1997£42,000 £592 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£220,0001
2021£237,5001
2020£112,0002
2019£352,833 £1,234 3
2018£415,0001
2017£666,0002
2016£776,8003
2015£90,350 £994 2
2014£78,000 £1,054 1
2013£384,0001

House Type in WV1 2RZ area

The most common house types in the WV1 2RZ postcode area are Semi-detached (110), Detached (4), and Terraced (1).

Total116
Semi-detached110
Detached4
Terraced1
Flat1
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 outright (42), and Social rented: Rents from council or Local Authority (37).

Owned: Owns outright42
Social rented: Rents from council or Local Authority37
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency13
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the WV1 2RZ have 2 people in household (32), and 1 person in household (24).

2 people in household32
1 person in household24
4 people in household21
3 people in household17
5 people in household10
6 people in household10
7 people in household2
8 or more people in household1
0 people in household0