Housing Market Analysis for WV5 8AD

Are you looking to understand WV5 8AD 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 8AD area, explore the WV5 8AD Area information page.
For comprehensive crime statistics in the WV5 8AD area, explore the WV5 8AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV5 8AD postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average WV5 8AD 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.

    All the Sales in the WV5 8AD

    See the table below for more details on the sold house prices in the WV5 8AD, South Staffordshire postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the WV5 8AD postcode. Properties currently for saleProperties currently for rent

    WV5 8AD Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the WV5 8AD 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 8AD postcode.

    • Other
      • The average price is around £718,000 median price is £527,500 Standard Deviation is £546,545 with Total Sold: 8
      • The Last 5 Year average price is £724,000 with Total Sold: 6
      • The most recent sale happened at this postcode is , HEATHMILL ENTERPRISE PARK HEATH MILL ROAD: £425,000 (Sold on 03 Feb 2023)
      • The first recorded sale happened at this postcode is , SAGE ALUMINIUM PRODUCTS LTD HEATH MILL ROAD: £1,000,000 (Sold on 30 Sep 2016)
    • Semi-Detached
      • The average price is around £187,369 median price is £201,225 Standard Deviation is £72,229 with Total Sold: 16
      • The Last 5 Year average price is £262,612 with Total Sold: 4
      • The most recent sale happened at this postcode is 1, WOODLAND VIEW SMESTOW: £290,000 (Sold on 25 Jan 2023)
      • The first recorded sale happened at this postcode is 6, PINEVIEW SMESTOW: £77,000 (Sold on 23 Aug 1996)
    • Detached
      • The average price is around £372,539 median price is £412,000 Standard Deviation is £208,958 with Total Sold: 19
      • The Last 5 Year average price is £536,167 with Total Sold: 6
      • The most recent sale happened at this postcode is , THE OLD CHAPEL CHAPEL LANE: £467,000 (Sold on 28 Oct 2022)
      • The first recorded sale happened at this postcode is , 25 CHAPEL LANE: £130,000 (Sold on 26 Apr 1996)
    • Flat
      • The average price is around £81,000 median price is £81,000 Standard Deviation is £0 with Total Sold: 1
      • The Last 5 Year average price is £81,000 with Total Sold: 1
      • The most recent sale happened at this postcode is FLAT 2, SMESTOW MEWS HEATH MILL CLOSE: £81,000 (Sold on 11 Mar 2020)
      • The first recorded sale happened at this postcode is FLAT 2, SMESTOW MEWS HEATH MILL CLOSE: £81,000 (Sold on 11 Mar 2020)

    Sold Price Trend Over the Years:

    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£425,0001
    2022£94,000 £691 1
    2021£1,537,5002
    2020£120,0001
    2019£630,000 £3,889 1
    2018£400,000 £2,740 1
    2016£1,000,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£290,000 £4,394 1
    2022£263,975 £3,772 2
    2021£232,500 £3,419 1
    2018£272,500 £1,933 1
    2016£215,000 £2,541 1
    2015£259,950 £2,662 1
    2010£160,817 £2,225 3
    2009£129,550 £1,531 1
    2008£170,000 £2,576 1
    2006£122,000 £1,905 2
    2001£97,000 £1,260 1
    1996£77,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£467,0001
    2021£452,500 £2,692 2
    2020£615,000 £3,767 3
    2015£206,0001
    2013£495,000 £2,054 1
    2009£423,250 £2,939 1
    2008£600,000 £2,490 1
    2006£262,000 £1,867 2
    2004£39,0001
    2003£374,667 £2,309 3
    2000£250,0001
    1999£70,0001
    1996£130,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£81,000 £1,473 1

    House Type in WV5 8AD area

    The most common house types in the WV5 8AD postcode area are Detached (80), Semi-detached (54), and Terraced (5).

    Total140
    Detached80
    Semi-detached54
    Terraced5
    commercial building1
    Flat0
    Shared house0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (46).

    Owned: Owns outright80
    Owned: Owns with a mortgage or loan46
    Private rented: Private landlord or letting agency10
    Private rented: Other private rented3
    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 8AD have 2 people in household (64), and 1 person in household (32).

    2 people in household64
    1 person in household32
    3 people in household19
    4 people in household19
    5 people in household5
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0