Housing Market Analysis for MERSTONE CLOSE, WV14 0LR

Are you looking to understand WV14 0LR 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 WV14 0LR area, explore the WV14 0LR Area information page.
For comprehensive crime statistics in the WV14 0LR area, explore the WV14 0LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV14 0LR postcode area, The average prices are as follows,

Flat
- The average price is around £47,992 median price is £48,000 Standard Deviation is £20,001 with Total Sold: 43
- The Last 5 Year average price is £57,750 with Total Sold: 6
- The most recent sale happened at this postcode is 34 MERSTONE CLOSE: £55,000 (Sold on 27 Sep 2021)
- The first recorded sale happened at this postcode is 12 MERSTONE CLOSE: £68,000 (Sold on 16 Aug 2024)
Semi-Detached
- The average price is around £69,595 median price is £66,000 Standard Deviation is £30,066 with Total Sold: 10
- The most recent sale happened at this postcode is 25 MERSTONE CLOSE: £107,000 (Sold on 26 Sep 2016)
- The first recorded sale happened at this postcode is 25 MERSTONE CLOSE: £39,000 (Sold on 16 Aug 1996)
Terraced
- The average price is around £57,840 median price is £74,000 Standard Deviation is £21,855 with Total Sold: 5
- The most recent sale happened at this postcode is 3 MERSTONE CLOSE: £77,000 (Sold on 29 Feb 2016)
- The first recorded sale happened at this postcode is 4 MERSTONE CLOSE: £31,200 (Sold on 30 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average WV14 0LR 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
2021	£55,000	£1,511	1
2020	£53,750	£1,084	2
2019	£58,000	£1,470	2
2017	£48,250	£846	2
2016	£51,667	£1,282	3
2014	£48,500	£1,060	4
2013	£110,000	£1,587	1
2012	£60,000	£993	1
2011	£62,500	£1,397	2
2007	£73,832	£1,685	3
2005	£80,000	£1,567	1
2004	£57,833	£1,274	3
2003	£38,750	£855	2
2002	£41,000	£1,024	2
2001	£27,317	£528	3
2000	£25,500		1
1999	£20,000	£550	1
1998	£24,975	£619	2
1997	£31,000	£585	1
1996	£26,062	£903	4
1995	£29,500	£546	1
2024	£68,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£107,000	£2,090	1
2015	£110,000	£2,075	1
2011	£101,000	£1,973	1
2009	£90,000	£1,299	1
2004	£86,000	£1,680	1
2003	£46,000	£1,278	1
2000	£43,000	£741	1
1999	£38,950	£562	1
1996	£37,000	£683	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£77,000	£1,242	1
2007	£76,000	£1,169	1
2005	£74,000	£1,423	1
2000	£31,000	£596	1
1999	£31,200		1

All the Sales in the MERSTONE CLOSE, WV14 0LR

See the table below for more details on the sold house prices in the WV14 0LR, Wolverhampton postcode.

Address	Sold Date	Price	% Change
34 MERSTONE CLOSEFlat, LeaseholdArea: 36.39 Sq.mtrAge: 1983-1990	27 Sep 2021	£55,000	175.00%
	27 Aug 1999	£20,000	First Sale
15 MERSTONE CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 1983-1990	04 Dec 2020	£71,500	19.17%
	17 Jan 2014	£60,000	-11.11%
	25 Jun 2004	£67,500	117.74%
	19 Sep 1997	£31,000	First Sale
6 MERSTONE CLOSEFlat, LeaseholdArea: 44 Sq.mtrAge: 1983-1990	12 May 2020	£36,000	First Sale
18 MERSTONE CLOSEFlat, LeaseholdArea: 51.8 Sq.mtrAge: 1976-1982	09 Oct 2019	£66,000	-5.71%
	18 Mar 2011	£70,000	First Sale
28 MERSTONE CLOSEFlat, LeaseholdArea: 30 Sq.mtrAge: 1983-1990	23 May 2019	£50,000	First Sale
20 MERSTONE CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 1983-1990	03 Aug 2017	£53,000	21.84%
	12 May 2017	£43,500	33.85%
	23 Feb 1996	£32,500	First Sale
25 MERSTONE CLOSESemi-Detached, FreeholdArea: 51.2 Sq.mtrAge: 1983-1990	26 Sep 2016	£107,000	5.94%
	12 May 2011	£101,000	17.44%
	16 Jul 2004	£86,000	120.51%
	16 Aug 1996	£39,000	First Sale
7 MERSTONE CLOSEFlat, LeaseholdArea: 43 Sq.mtrAge: 1983-1990	08 Jul 2016	£58,000	103.51%
	08 Jun 2001	£28,500	First Sale
38 MERSTONE CLOSEFlat, LeaseholdArea: 37.7 Sq.mtrAge: 1983-1990	13 May 2016	£52,000	First Sale
40 MERSTONE CLOSEFlat, LeaseholdArea: 40.29 Sq.mtrAge: 1983-1990	24 Mar 2016	£45,000	-6.25%
	21 Nov 2003	£48,000	108.70%
	18 Sep 1998	£23,000	First Sale
3 MERSTONE CLOSETerraced, LeaseholdArea: 62 Sq.mtrAge: 1983-1990	29 Feb 2016	£77,000	First Sale
23 MERSTONE CLOSESemi-Detached, LeaseholdArea: 53 Sq.mtrAge: 1983-1990	02 Apr 2015	£110,000	First Sale
26 MERSTONE CLOSEFlat, LeaseholdArea: 38.13 Sq.mtrAge: 1983-1990	22 Aug 2014	£46,000	-16.36%
	13 Apr 2011	£55,000	-21.42%
	23 Mar 2007	£69,995	81.81%
	03 May 2002	£38,500	42.86%
	07 Aug 1998	£26,950	First Sale
9 MERSTONE CLOSEFlat, LeaseholdArea: 51.05 Sq.mtrAge: 1983-1990	18 Jul 2014	£55,000	-31.25%
	04 Apr 2005	£80,000	First Sale
30 MERSTONE CLOSEFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	14 Apr 2014	£33,000	First Sale
29 MERSTONE CLOSEFlat, FreeholdArea: 69.3 Sq.mtrAge: 1983-1990	15 Jul 2013	£110,000	22.22%
	24 Apr 2009	£90,000	131.07%
	01 Apr 1999	£38,950	First Sale
24 MERSTONE CLOSEFlat, LeaseholdArea: 60.4 Sq.mtrAge: 1976-1982	17 Feb 2012	£60,000	First Sale
17 MERSTONE CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 1976-1982	11 Dec 2007	£70,500	62.07%
	13 Dec 2002	£43,500	First Sale
12 MERSTONE CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1991-1995	22 Jun 2007	£81,000	174.58%
	28 Jul 1995	£29,500	-56.62%
	16 Aug 2024	£68,000	First Sale
16 MERSTONE CLOSETerraced, LeaseholdArea: 65 Sq.mtrAge: 1976-1982	23 Feb 2007	£76,000	First Sale
19 MERSTONE CLOSETerraced, LeaseholdArea: 52 Sq.mtrAge: 1983-1990	30 Sep 2005	£74,000	138.71%
	14 Jul 2000	£31,000	First Sale
36 MERSTONE CLOSEFlat, Leasehold	29 Oct 2004	£50,000	-10.71%
	04 Aug 2004	£56,000	119.61%
	29 Nov 2000	£25,500	First Sale
32 MERSTONE CLOSESemi-Detached, LeaseholdArea: 36 Sq.mtrAge: 1983-1990	04 Jul 2003	£46,000	First Sale
8 MERSTONE CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1991-1995	05 Feb 2003	£29,500	First Sale
22 MERSTONE CLOSEFlat, Leasehold	30 Nov 2001	£36,950	21.15%
22 MERSTONE CLOSEFlat, Leasehold	28 Jun 1996	£30,500	First Sale
10 MERSTONE CLOSEFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-1990	26 Oct 2001	£16,500	First Sale
21 MERSTONE CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1976-1982	14 Apr 2000	£43,000	22.86%
	23 Aug 1996	£35,000	First Sale
4 MERSTONE CLOSETerraced, Leasehold	30 Jun 1999	£31,200	First Sale
11 MERSTONE CLOSEFlat, Leasehold	12 Jul 1996	£27,000	First Sale
14 MERSTONE CLOSEFlat, Leasehold	20 Feb 1996	£14,250	First Sale

Check out the sold house prices near the WV14 0LR postcode. Properties currently for saleProperties currently for rent

MERSTONE CLOSE, WV14 0LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV14 0LR 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 WV14 0LR postcode.

Flat
- The average price is around £83,096 median price is £80,000 Standard Deviation is £36,667 with Total Sold: 229
- The Last 5 Year average price is £94,929 with Total Sold: 43
- The most recent sale happened at this postcode is , 12 MERSTONE CLOSE: £68,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 12 MERSTONE CLOSE: £29,500 (Sold on 28 Jul 1995)
Detached
- The average price is around £178,262 median price is £189,950 Standard Deviation is £74,597 with Total Sold: 239
- The Last 5 Year average price is £225,130 with Total Sold: 91
- The most recent sale happened at this postcode is , 15 HADLEY ROAD: £170,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 216 WELLINGTON ROAD: £30,100 (Sold on 06 Sep 1995)
Semi-Detached
- The average price is around £102,955 median price is £95,000 Standard Deviation is £51,832 with Total Sold: 673
- The Last 5 Year average price is £152,991 with Total Sold: 183
- The most recent sale happened at this postcode is , 41 TANGMERE ROAD: £225,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 61 MILLFIELDS ROAD: £40,000 (Sold on 17 Mar 1995)
Terraced
- The average price is around £102,501 median price is £102,000 Standard Deviation is £47,576 with Total Sold: 553
- The Last 5 Year average price is £146,998 with Total Sold: 140
- The most recent sale happened at this postcode is , 20 FIELD CLOSE: £220,000 (Sold on 23 Apr 2024)
- The first recorded sale happened at this postcode is , 7 SHALE STREET: £33,000 (Sold on 03 Feb 1995)
Other
- The average price is around £582,570 median price is £275,000 Standard Deviation is £524,944 with Total Sold: 35
- The Last 5 Year average price is £731,587 with Total Sold: 23
- The most recent sale happened at this postcode is , BAY, 3 MILLFIELDS ROAD: £1,104,000 (Sold on 23 May 2023)
- The first recorded sale happened at this postcode is , 144 WELLINGTON ROAD: £35,000 (Sold on 12 Dec 2013)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£95,917	£1,892	6
2023	£99,700	£1,542	5
2022	£90,643	£1,690	7
2021	£93,500	£1,599	7
2020	£94,772	£1,544	9
2019	£96,222	£1,707	9
2018	£110,390	£1,721	5
2017	£80,000	£1,218	8
2016	£62,583	£1,309	6
2015	£79,583	£1,316	6
2014	£58,083	£1,261	6
2013	£72,000	£1,392	7
2012	£77,300	£1,512	5
2011	£78,695	£1,284	10
2010	£103,972	£1,863	9
2009	£116,861	£1,929	9
2008	£115,801	£1,933	35
2007	£99,950	£1,872	30
2006	£59,612	£1,010	4
2005	£57,667	£834	6
2004	£54,929	£893	7
2003	£30,299	£577	5
2002	£33,333	£779	3
2001	£23,658	£435	6
2000	£19,750		2
1999	£27,125	£725	4
1998	£24,648	£619	3
1997	£25,000	£446	2
1996	£24,750	£638	7
1995	£29,500	£546	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,600	£5,109	5
2023	£260,000	£2,748	8
2022	£238,333	£2,644	6
2021	£278,124	£2,781	8
2020	£218,472	£2,378	23
2019	£208,267	£2,378	41
2018	£194,533	£2,239	33
2017	£196,879	£2,008	26
2016	£190,579	£1,928	12
2015	£131,357	£1,871	7
2014	£95,000	£991	4
2013	£180,000	£1,511	2
2012	£45,000	£877	1
2011	£100,000	£1,159	2
2010	£120,607	£1,127	1
2009	£77,500	£1,156	1
2008	£194,667	£1,900	3
2007	£140,500	£1,772	4
2006	£72,000	£970	2
2005	£108,250	£820	4
2004	£138,625	£1,279	8
2003	£189,507	£1,273	7
2002	£79,500	£933	5
2001	£106,250	£1,047	4
2000	£57,833	£417	3
1999	£40,550	£280	2
1998	£57,429	£686	7
1997	£58,500	£602	7
1996	£50,000		1
1995	£46,300		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,429	£1,800	7
2023	£169,938	£2,122	16
2022	£149,775	£1,956	14
2021	£149,862	£1,910	29
2020	£144,358	£1,807	59
2019	£155,403	£2,042	58
2018	£146,313	£1,920	60
2017	£128,100	£1,635	30
2016	£108,790	£1,353	28
2015	£87,196	£1,235	23
2014	£84,033	£955	15
2013	£88,909	£1,137	19
2012	£84,283	£1,131	9
2011	£87,340	£1,261	14
2010	£79,389	£1,064	9
2009	£86,227	£1,123	11
2008	£107,909	£1,136	11
2007	£96,968	£1,201	30
2006	£89,917	£1,133	19
2005	£105,775	£1,213	20
2004	£75,743	£940	23
2003	£65,497	£903	27
2002	£54,929	£715	24
2001	£44,928	£584	25
2000	£34,697	£468	15
1999	£39,715	£399	21
1998	£29,926	£342	21
1997	£30,900	£294	15
1996	£35,348	£556	13
1995	£30,781	£289	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,333	£2,548	3
2023	£169,227	£2,561	11
2022	£160,905	£2,413	20
2021	£127,241	£1,712	28
2020	£149,728	£1,960	32
2019	£142,023	£1,908	46
2018	£121,878	£1,947	37
2017	£125,760	£1,765	30
2016	£114,759	£1,714	28
2015	£115,888	£1,234	20
2014	£104,239	£1,259	23
2013	£108,421	£1,286	19
2012	£91,409	£1,135	17
2011	£100,828	£1,216	16
2010	£100,600	£1,118	10
2009	£78,159	£1,296	6
2008	£76,667	£964	3
2007	£115,095	£1,456	21
2006	£87,767	£1,184	24
2005	£87,595	£1,143	22
2004	£85,255	£994	21
2003	£51,382	£612	14
2002	£49,567	£634	14
2001	£38,616	£500	15
2000	£38,187	£543	12
1999	£34,110	£418	15
1998	£32,100	£262	10
1997	£42,625	£696	12
1996	£39,372	£643	19
1995	£35,300	£278	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£481,333		3
2022	£272,500		2
2021	£1,250,000		9
2020	£222,500	£3,450	5
2019	£618,750	£4,600	4
2018	£356,500	£4,673	3
2017	£196,000	£2,329	4
2016	£238,306		1
2015	£478,885	£2,774	3
2013	£35,000		1

House Type in WV14 0LR area

The most common house types in the WV14 0LR postcode area are Semi-detached (50), Flat (33), and Terraced (28).

Total	126
Semi-detached	50
Flat	33
Terraced	28
Detached	11
Shared house	3
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (39), and Owned: Owns outright (37).

Private rented: Private landlord or letting agency	39
Owned: Owns outright	37
Social rented: Rents from council or Local Authority	19
Owned: Owns with a mortgage or loan	16
Social rented: Other social rented	10
Private rented: Other private rented	3
Lives rent free	3
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the WV14 0LR have 2 people in household (49), and 1 person in household (43).

2 people in household	49
1 person in household	43
4 people in household	18
3 people in household	8
5 people in household	4
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0