Housing Market Analysis for RIDGEWAY DRIVE, WV4 5NU

Are you looking to understand WV4 5NU 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 WV4 5NU area, explore the WV4 5NU Area information page.
For comprehensive crime statistics in the WV4 5NU area, explore the WV4 5NU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV4 5NU postcode area, The average prices are as follows,

Detached
- The average price is around £230,389 median price is £242,500 Standard Deviation is £79,780 with Total Sold: 14
- The Last 5 Year average price is £321,500 with Total Sold: 2
- The most recent sale happened at this postcode is 3 RIDGEWAY DRIVE: £278,000 (Sold on 15 Mar 2021)
- The first recorded sale happened at this postcode is 12A RIDGEWAY DRIVE: £98,000 (Sold on 24 Oct 1995)
Semi-Detached
- The average price is around £158,906 median price is £141,500 Standard Deviation is £80,568 with Total Sold: 8
- The most recent sale happened at this postcode is 5 RIDGEWAY DRIVE: £310,000 (Sold on 04 Dec 2017)
- The first recorded sale happened at this postcode is 5 RIDGEWAY DRIVE: £88,000 (Sold on 04 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average WV4 5NU 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	£278,000	£3,233	1
2019	£365,000	£3,259	1
2017	£272,500	£3,028	1
2015	£307,525	£2,850	2
2014	£230,000	£2,556	1
2013	£287,000	£2,050	1
2011	£195,000	£2,167	1
2009	£235,000		1
2006	£250,000		1
2002	£184,950		1
1998	£99,950		1
1997	£115,000		1
1995	£98,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£310,000	£2,109	1
2011	£200,000	£1,714	1
2003	£210,000		2
1999	£84,417	£640	3
1996	£88,000	£599	1

All the Sales in the RIDGEWAY DRIVE, WV4 5NU

See the table below for more details on the sold house prices in the WV4 5NU, Wolverhampton postcode.

Address	Sold Date	Price	% Change
3 RIDGEWAY DRIVEDetached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	15 Mar 2021	£278,000	First Sale
19 RIDGEWAY DRIVEDetached, FreeholdArea: 112 Sq.mtrAge: 1950-1966	05 Sep 2019	£365,000	First Sale
11 RIDGEWAY DRIVEDetached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	15 Dec 2017	£272,500	18.48%
	07 Nov 2014	£230,000	17.95%
	17 Nov 2011	£195,000	First Sale
5 RIDGEWAY DRIVESemi-Detached, FreeholdArea: 147 Sq.mtrAge: 1950-1966	04 Dec 2017	£310,000	252.27%
	04 Mar 1996	£88,000	First Sale
22 RIDGEWAY DRIVEDetached, FreeholdArea: 106 Sq.mtrAge: 1950-1966	06 Nov 2015	£319,000	First Sale
21 RIDGEWAY DRIVEDetached, FreeholdArea: 110 Sq.mtrAge: 1950-1966	30 Oct 2015	£296,050	First Sale
20 RIDGEWAY DRIVEDetached, FreeholdArea: 140 Sq.mtrAge: 1950-1966	15 Feb 2013	£287,000	First Sale
4 RIDGEWAY DRIVESemi-Detached, FreeholdArea: 116.7 Sq.mtrAge: 1930-1949	18 Feb 2011	£200,000	128.57%
	30 Jun 1999	£87,500	First Sale
14 RIDGEWAY DRIVEDetached, Freehold	31 Mar 2009	£235,000	First Sale
12 RIDGEWAY DRIVEDetached, Freehold	09 Aug 2006	£250,000	First Sale
18 RIDGEWAY DRIVESemi-Detached, Freehold	01 Oct 2003	£225,000	First Sale
6 RIDGEWAY DRIVESemi-Detached, Freehold	13 Aug 2003	£195,000	First Sale
8 RIDGEWAY DRIVEDetached, Freehold	24 May 2002	£184,950	First Sale
7 RIDGEWAY DRIVESemi-Detached, Freehold	14 Dec 1999	£88,000	First Sale
2 RIDGEWAY DRIVESemi-Detached, FreeholdArea: 146.81 Sq.mtrAge: 1950-1966	24 May 1999	£77,750	First Sale
15 RIDGEWAY DRIVEDetached, Freehold	13 Nov 1998	£99,950	First Sale
10 RIDGEWAY DRIVEDetached, Freehold	21 Nov 1997	£115,000	First Sale
12A RIDGEWAY DRIVEDetached, Freehold	24 Oct 1995	£98,000	First Sale

Check out the sold house prices near the WV4 5NU postcode. Properties currently for saleProperties currently for rent

RIDGEWAY DRIVE, WV4 5NU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV4 5NU 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 WV4 5NU postcode.

Terraced
- The average price is around £128,861 median price is £128,000 Standard Deviation is £63,390 with Total Sold: 195
- The Last 5 Year average price is £204,510 with Total Sold: 31
- The most recent sale happened at this postcode is , 67 SWAN BANK: £190,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 12 BUTTS ROAD: £41,500 (Sold on 22 Jun 1995)
Detached
- The average price is around £202,985 median price is £186,500 Standard Deviation is £101,823 with Total Sold: 492
- The Last 5 Year average price is £325,022 with Total Sold: 68
- The most recent sale happened at this postcode is , 6 REBECCA GARDENS: £405,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 4 AMANDA AVENUE: £99,950 (Sold on 23 Feb 1995)
Semi-Detached
- The average price is around £148,377 median price is £150,750 Standard Deviation is £74,668 with Total Sold: 478
- The Last 5 Year average price is £245,263 with Total Sold: 70
- The most recent sale happened at this postcode is , 111 BRENTON ROAD: £315,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 8 CHURCH HILL: £46,750 (Sold on 20 Jan 1995)
Other
- The average price is around £175,610 median price is £180,000 Standard Deviation is £155,062 with Total Sold: 5
- The Last 5 Year average price is £219,050 with Total Sold: 2
- The most recent sale happened at this postcode is , 10 SEDGLEY ROAD: £2,000 (Sold on 23 Jan 2023)
- The first recorded sale happened at this postcode is , 329 PENN ROAD: £35,000 (Sold on 06 Jun 2016)
Flat
- The average price is around £15,750 median price is £15,750 Standard Deviation is £250 with Total Sold: 2
- The most recent sale happened at this postcode is , 106 SWAN BANK: £16,000 (Sold on 26 Mar 1997)
- The first recorded sale happened at this postcode is , 108 SWAN BANK: £15,500 (Sold on 11 Oct 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,000		2
2023	£249,417	£2,896	6
2022	£192,300	£2,478	5
2021	£158,550	£2,281	6
2020	£240,375	£2,675	4
2019	£186,625	£2,389	8
2018	£183,917	£2,199	6
2017	£139,222	£1,613	9
2016	£179,299	£2,326	5
2015	£154,375	£1,859	4
2014	£154,250	£2,080	2
2013	£162,119	£1,857	8
2012	£147,500	£1,942	4
2011	£161,250	£1,864	6
2010	£170,317	£2,267	3
2009	£134,750	£1,633	4
2008	£146,800	£1,643	5
2007	£168,250	£2,189	10
2006	£132,292	£1,700	6
2005	£143,267	£1,761	9
2004	£138,188	£1,634	4
2003	£109,615	£1,570	13
2002	£95,350	£1,218	10
2001	£73,938	£917	8
2000	£70,882	£906	11
1999	£56,550	£642	8
1998	£54,208	£855	6
1997	£49,635	£660	10
1996	£49,800	£747	5
1995	£47,462	£491	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,667		3
2023	£351,964	£3,575	14
2022	£425,869	£3,747	8
2021	£318,550	£3,287	19
2020	£301,008	£2,743	12
2019	£253,958	£2,559	12
2018	£341,440	£2,937	10
2017	£251,181	£2,546	27
2016	£244,866	£2,419	19
2015	£262,504	£2,517	14
2014	£223,526	£2,293	17
2013	£272,115	£2,265	13
2012	£206,572	£2,019	15
2011	£209,518	£1,934	11
2010	£237,790	£2,232	5
2009	£225,393	£2,222	14
2008	£284,532	£2,288	14
2007	£264,524	£2,133	17
2006	£242,429	£2,183	7
2005	£260,939	£2,231	9
2004	£180,847	£1,873	18
2003	£189,232	£1,812	19
2002	£159,526	£1,362	30
2001	£154,670	£1,230	10
2000	£132,589	£1,067	14
1999	£108,248	£1,060	27
1998	£101,585	£1,010	10
1997	£89,714	£745	21
1996	£102,075	£863	51
1995	£111,400	£864	32

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£293,875		4
2023	£245,000	£2,739	9
2022	£292,158	£3,045	12
2021	£237,139	£2,412	18
2020	£222,133	£2,437	15
2019	£223,458	£2,285	12
2018	£195,767	£2,128	15
2017	£204,625	£2,089	20
2016	£177,861	£1,995	17
2015	£184,550	£1,808	16
2014	£169,412	£1,904	12
2013	£173,094	£1,917	16
2012	£165,083	£1,858	15
2011	£164,042	£1,765	12
2010	£179,528	£1,679	9
2009	£183,357	£1,761	14
2008	£151,806	£1,216	8
2007	£211,896	£1,850	12
2006	£168,837	£1,690	19
2005	£151,270	£1,702	20
2004	£150,850	£1,613	17
2003	£151,753	£1,757	19
2002	£108,168	£1,131	14
2001	£89,582	£902	29
2000	£64,641	£698	12
1999	£69,742	£733	36
1998	£62,510	£765	19
1997	£62,264	£745	21
1996	£59,162	£661	20
1995	£50,312	£536	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£2,000	£22	1
2019	£436,100		1
2018	£224,950	£2,921	1
2017	£180,000	£804	1
2016	£35,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1997	£16,000	£410	1
1996	£15,500		1

House Type in WV4 5NU area

The most common house types in the WV4 5NU postcode area are Semi-detached (103), Detached (28), and Flat (1).

Total	132
Semi-detached	103
Detached	28
Flat	1
Terraced	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 (65), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	15
Social rented: Rents from council or Local Authority	2
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 WV4 5NU have 2 people in household (43), and 1 person in household (34).

2 people in household	43
1 person in household	34
4 people in household	24
3 people in household	21
5 people in household	8
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0