Housing Market Analysis for MARNEL DRIVE, WV3 7JQ

Are you looking to understand WV3 7JQ 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 WV3 7JQ area, explore the WV3 7JQ Area information page.
For comprehensive crime statistics in the WV3 7JQ area, explore the WV3 7JQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV3 7JQ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £167,750 median price is £167,750 Standard Deviation is £97,250 with Total Sold: 2
- The Last 5 Year average price is £265,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 MARNEL DRIVE: £265,000 (Sold on 20 Jun 2022)
- The first recorded sale happened at this postcode is 1 MARNEL DRIVE: £70,500 (Sold on 19 Nov 1999)
Terraced
- The average price is around £92,521 median price is £101,750 Standard Deviation is £40,631 with Total Sold: 12
- The most recent sale happened at this postcode is 19 MARNEL DRIVE: £135,000 (Sold on 31 Jul 2014)
- The first recorded sale happened at this postcode is 15 MARNEL DRIVE: £48,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WV3 7JQ 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
2022	£265,000	£2,918	1
1999	£70,500	£776	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£135,000	£1,350	1
2012	£134,000	£1,811	1
2011	£122,500	£1,538	1
2007	£155,000		1
2005	£107,333	£1,496	3
2003	£63,000		1
1999	£44,000	£595	1
1996	£43,375	£527	2
1995	£48,000		1

All the Sales in the MARNEL DRIVE, WV3 7JQ

See the table below for more details on the sold house prices in the WV3 7JQ, Wolverhampton postcode.

Address	Sold Date	Price	% Change
1 MARNEL DRIVESemi-Detached, FreeholdArea: 90.83 Sq.mtrAge: 1950-1966	20 Jun 2022	£265,000	275.89%
	19 Nov 1999	£70,500	First Sale
19 MARNEL DRIVETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	31 Jul 2014	£135,000	First Sale
23 MARNEL DRIVETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	11 Dec 2012	£134,000	204.55%
	26 Mar 1999	£44,000	12.82%
	14 Jun 1996	£39,000	First Sale
11 MARNEL DRIVETerraced, FreeholdArea: 79.66 Sq.mtrAge: 1967-1975	28 Feb 2011	£122,500	First Sale
7 MARNEL DRIVETerraced, Freehold	21 Sep 2007	£155,000	82.35%
	07 Jan 2005	£85,000	34.92%
	30 Apr 2003	£63,000	First Sale
17 MARNEL DRIVETerraced, FreeholdArea: 79.2 Sq.mtrAge: 1950-1966	27 Oct 2005	£118,500	First Sale
9 MARNEL DRIVETerraced, Freehold	19 Aug 2005	£118,500	First Sale
29 MARNEL DRIVETerraced, Freehold	12 Jul 1996	£47,750	First Sale
15 MARNEL DRIVETerraced, Freehold	12 Jan 1995	£48,000	First Sale

Check out the sold house prices near the WV3 7JQ postcode. Properties currently for saleProperties currently for rent

MARNEL DRIVE, WV3 7JQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV3 7JQ 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 WV3 7JQ postcode.

Terraced
- The average price is around £107,739 median price is £105,000 Standard Deviation is £57,386 with Total Sold: 539
- The Last 5 Year average price is £175,928 with Total Sold: 80
- The most recent sale happened at this postcode is , 52 CHURCH ROAD: £107,500 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 15 MARNEL DRIVE: £48,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £141,338 median price is £138,000 Standard Deviation is £71,453 with Total Sold: 1,175
- The Last 5 Year average price is £235,635 with Total Sold: 173
- The most recent sale happened at this postcode is , 109 VICTORIA ROAD: £154,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 16 WOODLAND ROAD: £58,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £194,642 median price is £173,950 Standard Deviation is £106,411 with Total Sold: 537
- The Last 5 Year average price is £306,381 with Total Sold: 89
- The most recent sale happened at this postcode is , 18 BRANDON PARK: £275,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 8 CRANFORD ROAD: £94,000 (Sold on 10 Feb 1995)
Other
- The average price is around £191,200 median price is £175,000 Standard Deviation is £140,494 with Total Sold: 15
- The Last 5 Year average price is £299,857 with Total Sold: 7
- The most recent sale happened at this postcode is , 15A BROAD LANE: £175,000 (Sold on 25 Jan 2024)
- The first recorded sale happened at this postcode is , SUMMERHILL BATHROOMS, 90 - 92 TRYSULL ROAD: £230,000 (Sold on 23 Dec 2015)
Flat
- The average price is around £64,266 median price is £67,500 Standard Deviation is £27,320 with Total Sold: 129
- The Last 5 Year average price is £86,125 with Total Sold: 16
- The most recent sale happened at this postcode is FLAT 13, BANTOCK COURT BROAD LANE: £105,000 (Sold on 16 Nov 2023)
- The first recorded sale happened at this postcode is , 1A MINSTERLEY CLOSE: £25,350 (Sold on 30 Oct 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,583	£2,478	6
2023	£185,077	£2,402	13
2022	£223,059	£2,429	17
2021	£150,760	£1,890	20
2020	£151,667	£1,905	12
2019	£173,625	£1,909	12
2018	£143,325	£1,818	20
2017	£151,474	£1,853	19
2016	£154,742	£1,765	19
2015	£124,469	£1,662	16
2014	£125,200	£1,481	16
2013	£125,614	£1,618	11
2012	£113,857	£1,529	7
2011	£119,075	£1,446	10
2010	£115,338	£1,341	8
2009	£125,963	£1,502	19
2008	£134,250	£1,600	4
2007	£133,550	£1,570	27
2006	£118,042	£1,294	24
2005	£110,012	£1,428	20
2004	£108,118	£1,230	25
2003	£90,084	£1,186	29
2002	£81,342	£976	32
2001	£62,046	£734	25
2000	£53,684	£596	22
1999	£48,004	£608	27
1998	£44,536	£529	22
1997	£46,082	£561	17
1996	£45,845	£512	20
1995	£41,466	£515	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£268,056	£2,861	9
2023	£267,588	£2,823	28
2022	£260,640	£2,870	39
2021	£218,822	£2,493	40
2020	£219,574	£2,368	35
2019	£193,495	£2,077	22
2018	£169,418	£2,034	37
2017	£183,263	£1,950	36
2016	£180,220	£1,935	44
2015	£164,010	£1,901	42
2014	£162,835	£1,785	41
2013	£152,856	£1,723	31
2012	£151,433	£1,726	26
2011	£179,475	£1,794	31
2010	£159,136	£1,826	25
2009	£147,956	£1,615	24
2008	£172,754	£1,986	30
2007	£175,379	£1,862	39
2006	£160,497	£1,775	49
2005	£164,250	£1,686	37
2004	£148,734	£1,533	52
2003	£125,199	£1,382	63
2002	£97,758	£1,136	55
2001	£83,862	£937	41
2000	£76,817	£831	68
1999	£65,667	£699	46
1998	£61,612	£631	50
1997	£57,265	£598	46
1996	£55,285	£614	49
1995	£52,725	£545	40

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,714	£2,750	7
2023	£284,667	£2,970	9
2022	£376,889	£3,236	18
2021	£326,738	£2,914	21
2020	£277,800	£2,705	15
2019	£267,497	£2,705	19
2018	£215,580	£2,581	18
2017	£257,982	£2,364	22
2016	£213,715	£2,284	23
2015	£226,089	£2,149	27
2014	£217,811	£1,984	15
2013	£224,946	£2,104	13
2012	£195,273	£1,925	11
2011	£206,958	£1,950	12
2010	£226,247	£2,020	16
2009	£198,995	£2,132	10
2008	£225,318	£1,916	14
2007	£232,817	£2,016	24
2006	£216,103	£2,530	14
2005	£217,547	£2,059	19
2004	£198,208	£1,639	26
2003	£145,827	£1,472	15
2002	£134,956	£1,346	24
2001	£122,081	£942	24
2000	£104,385	£877	26
1999	£110,080	£867	20
1998	£78,008	£797	19
1997	£82,270	£804	22
1996	£78,495	£746	20
1995	£75,550	£688	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,000		1
2023	£362,500	£2,649	2
2022	£430,000	£5,968	1
2020	£260,000	£2,364	1
2019	£254,500	£2,429	2
2018	£58,500		1
2017	£62,625	£454	4
2016	£115,000		2
2015	£230,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£96,500	£1,833	5
2022	£66,500	£1,611	3
2020	£86,143	£1,518	7
2019	£93,000	£1,348	1
2018	£69,750	£1,446	4
2017	£96,833	£1,752	3
2016	£79,500	£1,508	3
2015	£58,500	£1,125	1
2014	£83,667	£1,496	3
2013	£50,100	£1,049	5
2012	£84,000	£988	1
2011	£74,500	£1,482	2
2010	£80,738	£1,586	4
2009	£66,333	£1,272	3
2008	£91,833	£1,696	3
2007	£97,300	£1,775	5
2006	£104,100	£1,860	5
2005	£82,779	£1,786	7
2004	£78,136	£1,499	11
2003	£65,486	£1,475	4
2002	£51,643	£1,167	7
2001	£40,500	£929	6
2000	£35,017	£717	12
1999	£34,500	£632	4
1998	£33,828	£790	8
1997	£29,500	£646	6
1996	£34,060	£603	5
1995	£25,350	£551	1

House Type in WV3 7JQ area

The most common house types in the WV3 7JQ postcode area are Semi-detached (71), Detached (17), and Terraced (9).

Total	99
Semi-detached	71
Detached	17
Terraced	9
Flat	1
temporary structure	1
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	43
Owned: Owns with a mortgage or loan	41
Social rented: Rents from council or Local Authority	6
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	4
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 WV3 7JQ have 2 people in household (33), and 3 people in household (25).

2 people in household	33
3 people in household	25
1 person in household	22
4 people in household	16
5 people in household	3
8 or more people in household	3
6 people in household	1
0 people in household	0
7 people in household	0