Housing Market Analysis for HEATH MILL ROAD, WV5 8AP

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

Overview of Sold House prices

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

  • Other
    • The average price is around £656,667 median price is £425,000 Standard Deviation is £557,380 with Total Sold: 3
    • The Last 5 Year average price is £656,667 with Total Sold: 3
    • 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 HOTCHKISS AIR SUPPLY HEATH MILL ROAD: £120,000 (Sold on 04 Mar 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 8AP 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,0001
2021£1,425,0001
2020£120,0001

All the Sales in the HEATH MILL ROAD, WV5 8AP

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

AddressSold DatePrice% Change
HEATHMILL ENTERPRISE PARK HEATH MILL ROADOther, Freehold03 Feb 2023£425,000First Sale
HOTCHKISS AIR SUPPLY HEATH MILL ROADOther, Freehold22 Dec 2021£1,425,0001087.50%
04 Mar 2020£120,000First Sale

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

HEATH MILL ROAD, WV5 8AP Near By properties

Interactive Map

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

  • Other
    • The average price is around £924,000 median price is £1,000,000 Standard Deviation is £579,529 with Total Sold: 5
    • The Last 5 Year average price is £905,000 with Total Sold: 4
    • 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 £188,564 median price is £201,225 Standard Deviation is £73,849 with Total Sold: 14
    • The Last 5 Year average price is £270,817 with Total Sold: 3
    • 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 £391,385 median price is £450,000 Standard Deviation is £230,059 with Total Sold: 13
    • The Last 5 Year average price is £536,400 with Total Sold: 5
    • 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
2021£1,537,5002
2020£120,0001
2016£1,000,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£290,000 £4,394 1
2022£289,950 £3,766 1
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£124,0001
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£655,000 £3,219 2
2015£206,0001
2013£495,000 £2,054 1
2008£600,000 £2,490 1
2006£262,000 £1,867 2
2004£39,0001
2003£412,000 £1,573 1
1996£130,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£81,000 £1,473 1

House Type in WV5 8AP area

The most common house types in the WV5 8AP 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 8AP 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