Housing Market Analysis for COMMERCIAL ROAD, WV1 3RQ

Are you looking to understand WV1 3RQ 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 3RQ area, explore the WV1 3RQ Area information page.
For comprehensive crime statistics in the WV1 3RQ area, explore the WV1 3RQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV1 3RQ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £70,750 median price is £70,750 Standard Deviation is £47,250 with Total Sold: 2
    • The Last 5 Year average price is £118,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 COMMERCIAL ROAD: £118,000 (Sold on 31 Jul 2020)
    • The first recorded sale happened at this postcode is 10 COMMERCIAL ROAD: £23,500 (Sold on 21 Mar 1997)
  • Terraced
    • The average price is around £80,000 median price is £80,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BRADFORD HOUSE COMMERCIAL ROAD: £80,000 (Sold on 19 Oct 2007)
    • The first recorded sale happened at this postcode is BRADFORD HOUSE COMMERCIAL ROAD: £80,000 (Sold on 19 Oct 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average WV1 3RQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£118,000 £1,553 1
1997£23,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£80,0001

All the Sales in the COMMERCIAL ROAD, WV1 3RQ

See the table below for more details on the sold house prices in the WV1 3RQ, Wolverhampton postcode.

AddressSold DatePrice% Change
16 COMMERCIAL ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196631 Jul 2020£118,000First Sale
BRADFORD HOUSE COMMERCIAL ROADTerraced, Freehold19 Oct 2007£80,000First Sale
10 COMMERCIAL ROADSemi-Detached, Freehold21 Mar 1997£23,500First Sale

Check out the sold house prices near the WV1 3RQ postcode. Properties currently for saleProperties currently for rent

COMMERCIAL ROAD, WV1 3RQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV1 3RQ 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 3RQ postcode.

  • Detached
    • The average price is around £165,122 median price is £134,995 Standard Deviation is £58,692 with Total Sold: 17
    • The Last 5 Year average price is £229,998 with Total Sold: 4
    • The most recent sale happened at this postcode is , 64 GRANVILLE STREET: £240,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 129 HORSELEY FIELDS: £68,500 (Sold on 04 Apr 1997)
  • Terraced
    • The average price is around £61,940 median price is £60,500 Standard Deviation is £39,686 with Total Sold: 410
    • The Last 5 Year average price is £111,183 with Total Sold: 59
    • The most recent sale happened at this postcode is , 92 STEELHOUSE LANE: £191,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 24 GRANVILLE STREET: £10,000 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £122,724 median price is £117,500 Standard Deviation is £33,651 with Total Sold: 401
    • The Last 5 Year average price is £110,370 with Total Sold: 62
    • The most recent sale happened at this postcode is , 187 ALBION STREET: £90,000 (Sold on 06 Mar 2024)
    • The first recorded sale happened at this postcode is , 138 ALBION STREET: £133,950 (Sold on 23 Jun 2004)
  • Semi-Detached
    • The average price is around £118,676 median price is £118,995 Standard Deviation is £62,938 with Total Sold: 165
    • The Last 5 Year average price is £179,766 with Total Sold: 54
    • The most recent sale happened at this postcode is , 5 FORGE ROAD: £250,000 (Sold on 23 Nov 2023)
    • The first recorded sale happened at this postcode is , 244 ALL SAINTS ROAD: £41,000 (Sold on 15 Dec 1995)
  • Other
    • The average price is around £624,539 median price is £175,000 Standard Deviation is £1,401,925 with Total Sold: 40
    • The Last 5 Year average price is £373,265 with Total Sold: 21
    • The most recent sale happened at this postcode is , 13 CLEVELAND ROAD: £50,000 (Sold on 05 Jul 2023)
    • The first recorded sale happened at this postcode is , WOLVERHAMPTON PLASTICS LTD SHARROCKS STREET: £195,000 (Sold on 25 Feb 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,0001
2021£249,995 £2,336 1
2020£249,995 £2,336 1
2019£180,000 £2,195 1
2018£156,000 £1,926 1
2015£128,996 £1,514 4
2014£133,120 £1,527 4
2005£192,5002
2003£229,1251
1997£68,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,667 £3,032 3
2023£137,075 £1,702 10
2022£104,857 £1,267 7
2021£111,067 £1,567 11
2020£108,997 £1,475 17
2019£76,214 £900 11
2018£94,125 £1,057 8
2017£82,159 £1,139 11
2016£72,500 £830 15
2015£94,391 £1,231 14
2014£87,733 £1,098 19
2013£84,183 £1,056 13
2012£48,000 £615 5
2011£56,222 £721 9
2010£78,812 £750 8
2009£58,944 £722 9
2008£79,286 £888 7
2007£75,839 £1,038 28
2006£71,456 £928 21
2005£60,184 £753 22
2004£60,425 £762 20
2003£41,885 £534 20
2002£28,593 £352 27
2001£21,688 £254 17
2000£20,700 £260 5
1999£18,324 £243 17
1998£16,661 £269 31
1997£15,706 £146 9
1996£24,600 £205 10
1995£15,425 £140 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£101,250 £1,815 2
2023£117,417 £2,014 12
2022£125,719 £1,986 16
2021£99,078 £1,431 9
2020£104,083 £1,824 6
2019£100,221 £1,669 17
2018£99,938 £1,675 8
2017£86,746 £1,544 13
2016£90,860 £1,556 15
2015£89,800 £1,399 5
2014£94,773 £1,637 15
2013£95,600 £1,573 31
2012£95,326 £1,559 19
2011£57,250 £991 2
2010£88,750 £1,579 2
2009£124,750 £2,167 2
2008£93,825 £1,584 6
2007£113,350 £2,148 7
2006£118,150 £2,221 10
2005£150,934 £2,549 129
2004£131,785 £2,277 75
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£198,417 £2,540 6
2022£167,207 £2,095 7
2021£211,038 £2,273 18
2020£161,956 £2,076 17
2019£132,417 £1,487 6
2018£111,333 £1,529 6
2017£110,750 £1,033 2
2016£106,542 £1,307 6
2015£119,179 £1,417 11
2014£91,321 £1,172 25
2013£121,019 £1,351 14
2011£88,000 £981 3
2009£80,000 £1,038 3
2007£102,492 £1,202 6
2006£83,214 £1,152 7
2005£52,333 £772 3
2004£82,250 £967 2
2003£149,583 £416 3
2002£51,500 £695 2
2001£43,300 £490 3
2000£26,2501
1999£19,750 £310 2
1998£17,875 £198 4
1997£22,124 £375 4
1996£28,600 £363 3
1995£41,000 £291 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£50,0001
2022£110,000 £1,932 3
2021£143,7502
2020£156,417 £1,750 6
2019£692,508 £1,968 9
2018£426,929 £228 7
2017£159,0002
2016£2,141,3336
2015£247,1254

House Type in WV1 3RQ area

The most common house types in the WV1 3RQ postcode area are Semi-detached (96), Terraced (24), and Flat (15).

Total145
Semi-detached96
Terraced24
Flat15
Detached10
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (51), and Owned: Owns with a mortgage or loan (32).

Social rented: Rents from council or Local Authority51
Owned: Owns with a mortgage or loan32
Owned: Owns outright26
Private rented: Private landlord or letting agency18
Social rented: Other social rented15
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 WV1 3RQ have 1 person in household (42), and 2 people in household (42).

1 person in household42
2 people in household42
4 people in household26
3 people in household18
5 people in household12
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0