Housing Market Analysis for CHESTNUT WAY, WV3 8AE

Are you looking to understand WV3 8AE 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 8AE area, explore the WV3 8AE Area information page.
For comprehensive crime statistics in the WV3 8AE area, explore the WV3 8AE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV3 8AE postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £170,092 median price is £172,475 Standard Deviation is £82,920 with Total Sold: 36
- The Last 5 Year average price is £280,431 with Total Sold: 8
- The most recent sale happened at this postcode is 16 CHESTNUT WAY: £358,000 (Sold on 29 Aug 2023)
- The first recorded sale happened at this postcode is 7 CHESTNUT WAY: £69,000 (Sold on 20 Jun 1995)
Terraced
- The average price is around £188,125 median price is £193,750 Standard Deviation is £44,778 with Total Sold: 4
- The Last 5 Year average price is £237,000 with Total Sold: 1
- The most recent sale happened at this postcode is 24 CHESTNUT WAY: £237,000 (Sold on 12 Apr 2019)
- The first recorded sale happened at this postcode is 21 CHESTNUT WAY: £128,000 (Sold on 08 Feb 2013)
Detached
- The average price is around £190,000 median price is £190,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 1A CHESTNUT WAY: £190,000 (Sold on 30 Sep 2016)
- The first recorded sale happened at this postcode is 1A CHESTNUT WAY: £190,000 (Sold on 30 Sep 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average WV3 8AE 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	£326,750	£3,391	2
2022	£301,238	£3,287	4
2021	£182,000	£1,717	1
2019	£203,000	£2,360	1
2016	£227,750	£2,175	2
2015	£190,000	£2,065	1
2014	£208,000	£2,311	1
2012	£190,000	£1,858	1
2011	£200,000	£1,920	1
2010	£160,500	£1,869	1
2007	£230,000	£1,223	1
2006	£193,000	£2,098	1
2004	£170,317	£1,640	3
2003	£157,862	£1,654	4
2002	£114,950		1
2001	£90,000	£864	1
2000	£88,000		1
1999	£64,500		2
1998	£74,000	£632	4
1996	£61,750	£642	2
1995	£69,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£237,000	£2,279	1
2018	£225,000	£2,679	1
2015	£162,500	£1,935	1
2013	£128,000	£1,524	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£190,000	£1,810	1

All the Sales in the CHESTNUT WAY, WV3 8AE

See the table below for more details on the sold house prices in the WV3 8AE, Wolverhampton postcode.

Address	Sold Date	Price	% Change
16 CHESTNUT WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-1949	29 Aug 2023	£358,000	88.42%
	15 Jul 2015	£190,000	First Sale
23 CHESTNUT WAYSemi-Detached, FreeholdArea: 102.24 Sq.mtrAge: 1930-1949	06 Jan 2023	£295,500	55.53%
	26 Oct 2012	£190,000	11.80%
	23 Apr 2004	£169,950	153.66%
	21 Aug 1998	£67,000	First Sale
6 CHESTNUT WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	16 Sep 2022	£285,000	First Sale
10 CHESTNUT WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	01 Apr 2022	£305,000	50.25%
	15 Mar 2019	£203,000	First Sale
15 CHESTNUT WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	25 Mar 2022	£289,950	39.40%
	19 May 2014	£208,000	7.77%
	25 Aug 2006	£193,000	14.54%
	19 Sep 2003	£168,500	134.03%
	29 Sep 1998	£72,000	First Sale
8 CHESTNUT WAYSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-1949	11 Feb 2022	£325,000	78.57%
	25 Feb 2021	£182,000	First Sale
24 CHESTNUT WAYTerraced, FreeholdArea: 104 Sq.mtrAge: 1930-1949	12 Apr 2019	£237,000	First Sale
21 CHESTNUT WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	29 Jun 2018	£225,000	38.46%
	06 Mar 2015	£162,500	26.95%
	08 Feb 2013	£128,000	First Sale
26 CHESTNUT WAYSemi-Detached, FreeholdArea: 104.17 Sq.mtrAge: 1950-1966	04 Nov 2016	£220,000	10.00%
	07 Oct 2011	£200,000	20.48%
	09 Jun 2004	£166,000	84.44%
	11 Apr 2001	£90,000	First Sale
1A CHESTNUT WAYDetached, FreeholdArea: 105 Sq.mtrAge: 1976-1982	30 Sep 2016	£190,000	First Sale
18 CHESTNUT WAYSemi-Detached, FreeholdArea: 105.2 Sq.mtrAge: 1930-1949	16 May 2016	£235,500	34.57%
	13 Aug 2004	£175,000	159.26%
	24 Oct 1996	£67,500	First Sale
9 CHESTNUT WAYSemi-Detached, FreeholdArea: 85.88 Sq.mtrAge: 1930-1949	27 Aug 2010	£160,500	First Sale
13 CHESTNUT WAYSemi-Detached, FreeholdArea: 188 Sq.mtrAge: 1950-1966	01 Jun 2007	£230,000	167.44%
	09 Apr 1998	£86,000	First Sale
25 CHESTNUT WAYSemi-Detached, Freehold	19 Dec 2003	£178,000	102.27%
	17 Nov 2000	£88,000	23.94%
	20 Mar 1998	£71,000	First Sale
19 CHESTNUT WAYSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	27 Nov 2003	£130,000	First Sale
7 CHESTNUT WAYSemi-Detached, Freehold	29 Aug 2003	£154,950	34.80%
	25 Jan 2002	£114,950	66.59%
	20 Jun 1995	£69,000	First Sale
14 CHESTNUT WAYSemi-Detached, Freehold	24 Sep 1999	£59,000	First Sale
2 CHESTNUT WAYSemi-Detached, Freehold	27 Aug 1999	£70,000	First Sale
11 CHESTNUT WAYSemi-Detached, Freehold	06 Sep 1996	£56,000	First Sale

Check out the sold house prices near the WV3 8AE postcode. Properties currently for saleProperties currently for rent

CHESTNUT WAY, WV3 8AE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV3 8AE 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 8AE postcode.

Detached
- The average price is around £205,253 median price is £184,500 Standard Deviation is £110,630 with Total Sold: 659
- The Last 5 Year average price is £322,220 with Total Sold: 109
- The most recent sale happened at this postcode is , 48 WILLOW ROAD: £370,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 8 CRANFORD ROAD: £94,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £147,547 median price is £144,995 Standard Deviation is £75,553 with Total Sold: 1,223
- The Last 5 Year average price is £248,468 with Total Sold: 177
- 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 , 47 WYCHBURY ROAD: £55,000 (Sold on 10 Jan 1995)
Terraced
- The average price is around £113,370 median price is £111,500 Standard Deviation is £62,711 with Total Sold: 450
- The Last 5 Year average price is £195,707 with Total Sold: 65
- The most recent sale happened at this postcode is , 7 TELFORD GARDENS: £80,000 (Sold on 25 Apr 2024)
- The first recorded sale happened at this postcode is , 15 MARNEL DRIVE: £48,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £72,600 median price is £71,250 Standard Deviation is £33,167 with Total Sold: 182
- The Last 5 Year average price is £103,456 with Total Sold: 24
- 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 , 6 SPRUCE WAY: £40,000 (Sold on 24 Mar 1995)
Other
- The average price is around £205,273 median price is £230,000 Standard Deviation is £158,416 with Total Sold: 11
- The Last 5 Year average price is £361,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 157 TRYSULL ROAD: £325,000 (Sold on 01 Aug 2023)
- The first recorded sale happened at this postcode is , SUMMERHILL BATHROOMS, 90 - 92 TRYSULL ROAD: £230,000 (Sold on 23 Dec 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,545	£2,840	11
2023	£286,000	£2,981	9
2022	£397,048	£3,249	21
2021	£333,926	£2,949	27
2020	£275,400	£2,709	20
2019	£274,998	£2,672	21
2018	£226,914	£2,549	24
2017	£276,521	£2,532	28
2016	£227,791	£2,323	29
2015	£229,263	£2,160	30
2014	£220,035	£2,020	18
2013	£227,617	£2,211	15
2012	£253,000	£1,923	16
2011	£229,778	£1,997	18
2010	£230,330	£2,233	15
2009	£211,814	£2,119	11
2008	£238,297	£1,870	15
2007	£256,111	£2,098	27
2006	£237,918	£2,353	25
2005	£212,154	£1,983	22
2004	£198,424	£1,632	34
2003	£155,775	£1,471	16
2002	£144,705	£1,476	31
2001	£124,133	£988	26
2000	£106,957	£877	23
1999	£108,710	£885	29
1998	£93,852	£857	29
1997	£87,851	£816	24
1996	£82,515	£823	26
1995	£77,824	£741	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£313,611	£2,861	9
2023	£277,239	£2,820	27
2022	£265,852	£2,825	41
2021	£235,510	£2,466	39
2020	£225,289	£2,393	35
2019	£219,267	£2,310	26
2018	£182,334	£2,009	40
2017	£192,895	£1,991	39
2016	£184,523	£1,936	46
2015	£170,362	£1,874	46
2014	£174,664	£1,776	44
2013	£158,355	£1,739	29
2012	£164,416	£1,690	34
2011	£182,733	£1,785	33
2010	£162,148	£1,822	26
2009	£145,164	£1,609	21
2008	£179,092	£1,752	29
2007	£179,666	£1,799	44
2006	£165,310	£1,760	51
2005	£168,604	£1,604	41
2004	£152,425	£1,503	59
2003	£128,887	£1,377	68
2002	£99,076	£1,150	52
2001	£85,729	£909	43
2000	£78,084	£835	64
1999	£67,392	£699	46
1998	£63,911	£617	48
1997	£58,290	£586	47
1996	£55,076	£611	51
1995	£53,678	£533	45

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,000	£2,478	5
2023	£213,604	£2,539	12
2022	£245,885	£2,483	13
2021	£177,323	£2,047	13
2020	£163,000	£2,130	10
2019	£181,333	£1,996	12
2018	£148,471	£1,893	17
2017	£163,407	£1,955	16
2016	£157,039	£1,914	18
2015	£126,800	£1,667	10
2014	£128,336	£1,513	14
2013	£127,875	£1,673	10
2012	£120,222	£1,653	9
2011	£124,827	£1,453	13
2010	£117,107	£1,419	7
2009	£127,143	£1,530	16
2008	£134,250	£1,600	4
2007	£132,642	£1,566	20
2006	£120,503	£1,210	17
2005	£119,453	£1,886	17
2004	£113,916	£1,457	16
2003	£93,777	£1,224	26
2002	£80,585	£1,097	26
2001	£63,392	£926	26
2000	£60,450	£671	23
1999	£51,078	£574	18
1998	£47,666	£582	15
1997	£49,223	£782	13
1996	£47,275	£516	16
1995	£40,768	£528	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£103,742	£1,883	6
2022	£102,417	£1,898	6
2021	£127,500	£1,962	1
2020	£86,750	£1,547	6
2019	£119,600	£1,671	5
2018	£81,857	£1,455	7
2017	£96,833	£1,752	3
2016	£88,375	£1,588	4
2015	£80,750	£1,125	2
2014	£96,688	£1,599	4
2013	£48,125	£1,056	4
2012	£84,000	£988	1
2011	£74,500	£1,482	2
2010	£87,580	£1,622	5
2009	£66,333	£1,272	3
2008	£109,125	£1,863	4
2007	£104,917	£1,789	6
2006	£111,944	£1,802	10
2005	£95,569	£1,732	13
2004	£86,554	£1,493	13
2003	£77,635	£1,459	7
2002	£55,606	£1,171	9
2001	£43,242	£805	6
2000	£38,480	£748	15
1999	£41,214	£695	7
1998	£37,417	£678	13
1997	£33,000	£644	9
1996	£36,225	£608	8
1995	£35,783	£630	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£362,500	£2,649	2
2022	£430,000	£5,968	1
2020	£260,000	£2,364	1
2019	£390,000		1
2018	£64,250		2
2017	£2,250	£30	2
2016	£90,000		1
2015	£230,000		1

House Type in WV3 8AE area

The most common house types in the WV3 8AE 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 8AE 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