Housing Market Analysis for LAMORNA CLOSE, WV3 8LG

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

Overview of Sold House prices

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

Detached
- The average price is around £256,567 median price is £206,225 Standard Deviation is £100,088 with Total Sold: 18
- The Last 5 Year average price is £455,000 with Total Sold: 3
- The most recent sale happened at this postcode is 1 LAMORNA CLOSE: £520,000 (Sold on 11 Jun 2021)
- The first recorded sale happened at this postcode is 3 LAMORNA CLOSE: £179,950 (Sold on 12 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average WV3 8LG 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£520,000	£2,723	1
2020	£422,500	£2,670	2
2015	£318,000	£2,337	1
2009	£317,000		1
2003	£260,000	£1,361	1
2002	£219,500	£1,542	2
2001	£212,500	£1,380	1
2000	£194,070	£1,170	5
1999	£184,088	£1,291	4

All the Sales in the LAMORNA CLOSE, WV3 8LG

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

Address	Sold Date	Price	% Change
1 LAMORNA CLOSEDetached, FreeholdArea: 191 Sq.mtrAge: 1996-2002	11 Jun 2021	£520,000	100.00%
	25 Jul 2003	£260,000	30.03%
	30 Jun 2000	£199,950	First Sale
7 LAMORNA CLOSEDetached, FreeholdArea: 162 Sq.mtrAge: 1996-2002	22 Jul 2020	£460,000	152.05%
	02 Feb 2000	£182,500	First Sale
6 LAMORNA CLOSEDetached, FreeholdArea: 154 Sq.mtrAge: 1996-2002	26 Mar 2020	£385,000	81.18%
	20 Jun 2001	£212,500	9.56%
	22 Dec 1999	£193,950	First Sale
3 LAMORNA CLOSEDetached, FreeholdArea: 136.06 Sq.mtrAge: 1996-2002	15 Oct 2015	£318,000	76.72%
	12 Nov 1999	£179,950	First Sale
4 LAMORNA CLOSEDetached, Freehold	08 Jul 2009	£317,000	76.16%
4 LAMORNA CLOSEDetached, Freehold	15 Dec 1999	£179,950	First Sale
8 LAMORNA CLOSEDetached, FreeholdArea: 142 Sq.mtrAge: 1996-2002	20 Sep 2002	£219,000	15.29%
	24 Feb 2000	£189,950	First Sale
2 LAMORNA CLOSEDetached, Freehold	08 Jul 2002	£220,000	11.11%
2 LAMORNA CLOSEDetached, Freehold	04 Feb 2000	£198,000	First Sale
9 LAMORNA CLOSEDetached, Freehold	25 Feb 2000	£199,950	First Sale
5 LAMORNA CLOSEDetached, Freehold	16 Dec 1999	£182,500	First Sale

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

LAMORNA CLOSE, WV3 8LG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £136,561 median price is £136,000 Standard Deviation is £62,065 with Total Sold: 635
- The Last 5 Year average price is £208,583 with Total Sold: 103
- The most recent sale happened at this postcode is , 38 WINDSOR GARDENS: £435,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 6 WELLESBOURNE CLOSE: £45,500 (Sold on 17 Feb 1995)
Detached
- The average price is around £206,030 median price is £190,000 Standard Deviation is £103,427 with Total Sold: 313
- The Last 5 Year average price is £319,953 with Total Sold: 51
- The most recent sale happened at this postcode is , 2B BAGRIDGE ROAD: £230,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 31 DENHAM GARDENS: £62,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £123,197 median price is £123,000 Standard Deviation is £43,615 with Total Sold: 227
- The Last 5 Year average price is £171,985 with Total Sold: 41
- The most recent sale happened at this postcode is , 15 DENHAM GARDENS: £190,000 (Sold on 12 Jan 2024)
- The first recorded sale happened at this postcode is , 5 CHELMARSH AVENUE: £39,500 (Sold on 10 Apr 1995)
Other
- The average price is around £359,000 median price is £240,000 Standard Deviation is £172,116 with Total Sold: 5
- The Last 5 Year average price is £359,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 1B GLENDALE CLOSE: £240,000 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is , 54 WINDMILL LANE: £480,000 (Sold on 09 Apr 2019)
Flat
- The average price is around £115,846 median price is £120,000 Standard Deviation is £45,297 with Total Sold: 144
- The Last 5 Year average price is £114,531 with Total Sold: 27
- The most recent sale happened at this postcode is , 96A WINDMILL CRESCENT: £111,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is , 3A STUDLEY ROAD: £27,000 (Sold on 24 Jul 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£273,000	£2,528	5
2023	£221,631	£2,646	16
2022	£210,607	£2,625	14
2021	£204,271	£2,539	26
2020	£196,237	£2,271	23
2019	£199,997	£2,224	19
2018	£181,165	£2,059	26
2017	£177,946	£1,915	13
2016	£163,204	£1,994	25
2015	£148,220	£1,721	24
2014	£147,882	£1,703	17
2013	£137,938	£1,683	16
2012	£136,249	£1,653	12
2011	£144,254	£1,572	16
2010	£139,950	£1,650	10
2009	£143,607	£1,617	28
2008	£156,631	£1,724	19
2007	£181,223	£1,899	22
2006	£160,554	£1,694	25
2005	£149,228	£1,601	29
2004	£130,576	£1,486	38
2003	£125,473	£1,297	22
2002	£99,462	£1,186	25
2001	£85,740	£942	35
2000	£75,717	£783	30
1999	£59,091	£655	24
1998	£64,661	£692	14
1997	£58,553	£644	26
1996	£52,718	£613	16
1995	£50,582	£604	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£230,000		1
2023	£295,167	£3,552	6
2022	£298,750	£3,486	2
2021	£366,539	£3,340	18
2020	£303,134	£2,897	19
2019	£272,373	£3,068	5
2018	£290,625	£2,545	8
2017	£223,372	£2,453	16
2016	£243,495	£2,419	10
2015	£241,895	£2,198	10
2014	£236,249	£2,603	4
2013	£216,944	£2,022	9
2012	£268,111	£2,344	9
2011	£190,286	£2,528	7
2010	£232,125	£2,078	8
2009	£195,056	£2,123	9
2008	£204,400	£2,255	6
2007	£241,850	£2,238	10
2006	£222,697	£2,100	15
2005	£230,042	£1,687	12
2004	£222,455	£1,926	11
2003	£203,136	£1,581	11
2002	£158,495	£1,611	11
2001	£137,549	£1,374	24
2000	£135,053	£1,128	19
1999	£116,042	£991	19
1998	£98,650	£775	10
1997	£80,503	£763	15
1996	£80,000	£678	4
1995	£81,000	£690	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,000	£2,500	1
2023	£200,062	£2,524	8
2022	£171,182	£2,283	11
2021	£174,075	£2,193	12
2020	£145,250	£2,107	4
2019	£141,600	£1,860	5
2018	£145,227	£1,917	11
2017	£154,600	£1,847	5
2016	£145,818	£1,705	11
2015	£129,750	£1,751	10
2014	£121,804	£1,562	13
2013	£113,508	£1,527	16
2012	£119,646	£1,542	15
2011	£119,883	£1,615	9
2010	£126,250	£1,480	8
2009	£111,714	£1,320	7
2008	£102,250	£1,242	6
2007	£121,895	£1,847	10
2006	£144,490	£1,549	10
2005	£126,111	£1,528	9
2004	£111,950	£1,578	5
2003	£93,914	£1,319	7
2002	£82,443	£1,095	7
2001	£65,482	£932	3
2000	£57,074	£760	6
1999	£50,650	£628	3
1998	£47,200	£761	5
1997	£44,660	£535	5
1996	£52,950	£621	2
1995	£38,167	£508	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£240,000	£4,068	1
2021	£217,500	£3,127	2
2020	£640,000		1
2019	£480,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£120,375	£2,377	4
2022	£104,167	£1,987	6
2021	£129,439	£2,342	9
2020	£141,450	£2,289	2
2019	£89,667	£1,798	6
2018	£108,667	£1,651	6
2017	£104,700	£1,789	5
2016	£111,780	£1,728	5
2015	£133,167	£2,272	3
2014	£85,000	£1,771	1
2013	£138,333	£2,494	3
2012	£104,833	£1,605	3
2011	£123,590	£1,881	5
2010	£107,333	£1,532	3
2009	£68,000	£840	1
2008	£102,917	£1,746	6
2007	£127,843	£2,053	7
2006	£140,780	£2,068	5
2005	£119,141	£1,917	9
2004	£150,205	£2,362	37
2003	£64,365	£1,180	6
2002	£65,000	£1,048	1
2001	£38,250	£804	2
2000	£29,875	£649	4
1998	£27,375	£374	2
1997	£32,000	£677	1
1996	£26,000	£542	1
1995	£27,000	£458	1

House Type in WV3 8LG area

The most common house types in the WV3 8LG postcode area are Semi-detached (87), Detached (40), and Terraced (11).

Total	138
Semi-detached	87
Detached	40
Terraced	11
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright	62
Owned: Owns with a mortgage or loan	47
Private rented: Private landlord or letting agency	19
Social rented: Rents from council or Local Authority	7
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the WV3 8LG have 2 people in household (56), and 1 person in household (34).

2 people in household	56
1 person in household	34
4 people in household	20
3 people in household	18
5 people in household	5
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0