Housing Market Analysis for OAK DRIVE, WV5 7ET

Are you looking to understand WV5 7ET 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 South Staffordshire postcode.

For the location information and nearby amenities in the WV5 7ET area, explore the WV5 7ET Area information page.
For comprehensive crime statistics in the WV5 7ET area, explore the WV5 7ET Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV5 7ET postcode area, The average prices are as follows,

  • Detached
    • The average price is around £362,497 median price is £370,000 Standard Deviation is £155,539 with Total Sold: 15
    • The most recent sale happened at this postcode is 16 OAK DRIVE: £480,000 (Sold on 12 Oct 2018)
    • The first recorded sale happened at this postcode is 22 OAK DRIVE: £147,500 (Sold on 22 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 7ET 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£480,000 £2,513 1
2016£340,000 £2,833 1
2015£835,0001
2014£262,000 £2,426 1
2012£365,000 £1,911 1
2011£406,250 £2,578 2
2007£385,0001
2006£372,5002
2004£345,0002
1999£207,500 £943 1
1998£167,9501
1996£147,500 £894 1

All the Sales in the OAK DRIVE, WV5 7ET

See the table below for more details on the sold house prices in the WV5 7ET, South Staffordshire postcode.

AddressSold DatePrice% Change
16 OAK DRIVEDetached, FreeholdArea: 191 Sq.mtrAge: 1967-197512 Oct 2018£480,00031.51%
10 Dec 2012£365,000First Sale
9 OAK DRIVEDetached, FreeholdArea: 120 Sq.mtrAge: 1976-198221 Dec 2016£340,000First Sale
RED OAKS, 19 OAK DRIVEDetached, Freehold20 May 2015£835,000First Sale
11 OAK DRIVEDetached, FreeholdArea: 108 Sq.mtrAge: 1976-198215 Aug 2014£262,000First Sale
19 OAK DRIVEDetached, FreeholdArea: 157.48 Sq.mtrAge: 1967-197530 Jun 2011£415,000First Sale
17 OAK DRIVEDetached, FreeholdArea: 157.69 Sq.mtrAge: 1967-197527 Jan 2011£397,500First Sale
4 OAK DRIVEDetached, Freehold23 May 2007£385,000First Sale
7 OAK DRIVEDetached, Freehold30 Aug 2006£370,000First Sale
3 OAK DRIVEDetached, Freehold22 Mar 2006£375,000123.28%
16 Sep 1998£167,950First Sale
8 OAK DRIVEDetached, Freehold19 Jul 2004£375,000First Sale
15 OAK DRIVEDetached, Freehold05 Feb 2004£315,000First Sale
6 OAK DRIVEDetached, FreeholdArea: 220 Sq.mtrAge: 1950-196629 Oct 1999£207,500First Sale
22 OAK DRIVEDetached, FreeholdArea: 165 Sq.mtrAge: 1976-198222 Jul 1996£147,500First Sale

Check out the sold house prices near the WV5 7ET postcode. Properties currently for saleProperties currently for rent

OAK DRIVE, WV5 7ET Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV5 7ET 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 WV5 7ET postcode.

  • Detached
    • The average price is around £385,325 median price is £338,000 Standard Deviation is £235,857 with Total Sold: 166
    • The Last 5 Year average price is £514,140 with Total Sold: 35
    • The most recent sale happened at this postcode is , LANCASTER COTTAGE EBSTREE ROAD: £722,500 (Sold on 07 Mar 2024)
    • The first recorded sale happened at this postcode is , HOME FARM STABLES CROCKINGTON LANE: £275,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £457,400 median price is £525,000 Standard Deviation is £370,023 with Total Sold: 5
    • The Last 5 Year average price is £457,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , 190 POST OFFICE ROAD: £30,000 (Sold on 28 Feb 2024)
    • The first recorded sale happened at this postcode is , NEW BARN FOX ROAD: £97,000 (Sold on 07 Jun 2019)
  • Terraced
    • The average price is around £294,143 median price is £270,000 Standard Deviation is £96,084 with Total Sold: 14
    • The Last 5 Year average price is £325,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 12 LOWER LANES MEADOW: £430,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 21 TINKERS CASTLE ROAD: £150,000 (Sold on 31 Jan 1997)
  • Semi-Detached
    • The average price is around £234,255 median price is £236,500 Standard Deviation is £134,241 with Total Sold: 30
    • The Last 5 Year average price is £398,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 148 POST OFFICE ROAD: £285,000 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is , 177 POST OFFICE ROAD: £99,000 (Sold on 23 Aug 1996)
  • Flat
    • The average price is around £156,500 median price is £156,500 Standard Deviation is £6,500 with Total Sold: 2
    • The Last 5 Year average price is £156,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, THE SEVEN STARS FOX ROAD: £150,000 (Sold on 03 Dec 2021)
    • The first recorded sale happened at this postcode is 2, THE SEVEN STARS FOX ROAD: £163,000 (Sold on 07 Jul 2020)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£722,5001
2023£693,021 £3,646 8
2022£631,449 £3,728 5
2021£439,625 £3,032 8
2020£433,333 £3,203 6
2019£350,571 £3,101 7
2018£503,795 £2,913 10
2017£755,990 £3,234 5
2016£455,700 £2,895 10
2015£451,667 £3,319 6
2014£451,500 £2,895 6
2013£333,625 £2,771 4
2012£494,464 £2,798 7
2011£328,900 £2,282 5
2010£290,000 £1,534 1
2009£338,750 £2,151 4
2008£393,333 £2,244 3
2007£348,333 £2,921 3
2006£438,929 £2,830 7
2005£488,750 £4,208 4
2004£359,000 £1,774 5
2003£270,250 £1,395 4
2002£262,0005
2001£227,500 £1,038 2
2000£208,964 £1,471 12
1999£196,200 £1,220 5
1998£166,486 £616 7
1997£175,083 £889 6
1996£133,493 £961 7
1995£185,833 £993 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£30,0001
2023£555,000 £5,912 2
2020£1,050,000 £4,907 1
2019£97,000 £554 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,000 £3,707 1
2019£220,000 £3,333 1
2017£282,000 £2,768 6
2015£331,000 £2,853 1
2013£305,000 £2,629 1
2012£455,000 £3,390 1
2006£350,000 £3,017 1
2001£185,000 £1,259 1
1997£150,000 £987 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£302,500 £4,349 2
2020£345,000 £2,721 1
2019£645,000 £3,728 1
2018£331,833 £3,650 3
2017£295,475 £2,551 2
2016£285,0001
2015£307,750 £2,314 1
2013£156,250 £2,248 2
2012£500,000 £2,890 1
2010£234,350 £2,422 3
2006£310,0001
2005£250,000 £3,425 1
2004£165,000 £1,320 1
2003£145,500 £1,441 1
2002£97,000 £1,265 1
2001£97,500 £1,318 1
2000£87,950 £887 1
1999£78,000 £787 1
1998£129,000 £683 1
1997£94,475 £601 2
1996£94,500 £1,007 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£150,000 £1,442 1
2020£163,000 £1,811 1

House Type in WV5 7ET area

The most common house types in the WV5 7ET postcode area are Detached (132), Semi-detached (13), and Terraced (7).

Total165
Detached132
Semi-detached13
Terraced7
Shared house7
converted building5
commercial building1
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (101), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright101
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency17
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the WV5 7ET have 2 people in household (73), and 1 person in household (44).

2 people in household73
1 person in household44
3 people in household22
4 people in household15
5 people in household8
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0