Housing Market Analysis for BANKSIDE, WV5 8BE

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

Overview of Sold House prices

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

Terraced
- The average price is around £128,203 median price is £135,000 Standard Deviation is £59,113 with Total Sold: 17
- The Last 5 Year average price is £216,667 with Total Sold: 3
- The most recent sale happened at this postcode is 1 BANKSIDE: £225,000 (Sold on 09 Jun 2023)
- The first recorded sale happened at this postcode is 1 BANKSIDE: £49,500 (Sold on 04 Oct 1995)
Semi-Detached
- The average price is around £111,825 median price is £98,750 Standard Deviation is £47,868 with Total Sold: 12
- The Last 5 Year average price is £187,983 with Total Sold: 3
- The most recent sale happened at this postcode is 17 BANKSIDE: £210,000 (Sold on 09 Sep 2022)
- The first recorded sale happened at this postcode is 8 BANKSIDE: £67,950 (Sold on 09 Jan 1995)
Detached
- The average price is around £109,833 median price is £97,500 Standard Deviation is £40,948 with Total Sold: 3
- The most recent sale happened at this postcode is 11 BANKSIDE: £165,000 (Sold on 20 Oct 2005)
- The first recorded sale happened at this postcode is 11 BANKSIDE: £67,000 (Sold on 01 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 8BE 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£192,500	£3,632	2
2022	£265,000	£3,841	1
2018	£168,000	£3,140	1
2016	£153,000	£2,860	1
2012	£139,750	£2,610	2
2009	£157,000	£2,275	1
2007	£143,000	£2,733	1
2005	£129,950	£2,425	1
2004	£126,000	£2,401	1
2001	£74,750	£1,403	2
1999	£63,000	£1,200	1
1998	£58,000	£1,094	1
1997	£53,000	£989	1
1995	£49,500	£934	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£210,000	£3,962	1
2020	£167,950	£3,230	1
2019	£186,000	£3,509	1
2003	£98,000	£1,829	1
2002	£108,167	£1,745	3
2000	£80,250	£1,351	2
1998	£63,500	£1,042	2
1995	£67,950	£985	1

House Type: Detached

Year	Avg. Price	Sold
2005	£165,000	1
2001	£97,500	1
1998	£67,000	1

All the Sales in the BANKSIDE, WV5 8BE

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

Address	Sold Date	Price	% Change
1 BANKSIDETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-1995	09 Jun 2023	£225,000	40.62%
	21 Feb 2023	£160,000	114.77%
	27 Apr 2001	£74,500	28.45%
	25 Sep 1998	£58,000	17.17%
	04 Oct 1995	£49,500	First Sale
8 BANKSIDETerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	14 Dec 2022	£265,000	68.79%
	10 Jul 2009	£157,000	127.54%
	12 Mar 1998	£69,000	1.55%
	09 Jan 1995	£67,950	First Sale
17 BANKSIDESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1991-1995	09 Sep 2022	£210,000	First Sale
3 BANKSIDESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1991-1995	06 Jan 2020	£167,950	136.55%
	20 Oct 2000	£71,000	First Sale
9 BANKSIDESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1991-1995	19 Mar 2019	£186,000	86.93%
	13 Dec 2002	£99,500	First Sale
7 BANKSIDETerraced, FreeholdArea: 53.5 Sq.mtrAge: 1991-1995	06 Aug 2018	£168,000	9.80%
	10 Jun 2016	£153,000	5.88%
	09 Nov 2012	£144,500	149.14%
	28 Aug 1998	£58,000	First Sale
5 BANKSIDETerraced, FreeholdArea: 53.58 Sq.mtrAge: 1991-1995	03 Aug 2012	£135,000	3.89%
	20 Apr 2005	£129,950	32.60%
	14 Feb 2003	£98,000	30.67%
	21 Sep 2001	£75,000	41.51%
	21 Nov 1997	£53,000	First Sale
4 BANKSIDETerraced, FreeholdArea: 52.32 Sq.mtrAge: 1983-1990	18 May 2007	£143,000	First Sale
11 BANKSIDEDetached, Freehold	20 Oct 2005	£165,000	69.23%
	20 Dec 2001	£97,500	45.52%
	01 May 1998	£67,000	First Sale
6 BANKSIDETerraced, FreeholdArea: 52.48 Sq.mtrAge: 1983-1990	22 Oct 2004	£126,000	100.00%
	29 Jan 1999	£63,000	First Sale
10 BANKSIDESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1991-1995	10 Oct 2002	£117,000	8.33%
	28 Mar 2002	£108,000	20.67%
	20 Oct 2000	£89,500	First Sale

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

BANKSIDE, WV5 8BE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £156,882 median price is £155,500 Standard Deviation is £73,774 with Total Sold: 330
- The Last 5 Year average price is £246,557 with Total Sold: 60
- The most recent sale happened at this postcode is , 84 OUNSDALE ROAD: £350,000 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is , 55 SANDRINGHAM ROAD: £50,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £156,650 median price is £149,975 Standard Deviation is £71,711 with Total Sold: 90
- The Last 5 Year average price is £226,082 with Total Sold: 22
- The most recent sale happened at this postcode is , 3 SANDRINGHAM ROAD: £277,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 62 BRATCH LANE: £10,000 (Sold on 17 Mar 1995)
Detached
- The average price is around £237,992 median price is £242,500 Standard Deviation is £103,970 with Total Sold: 747
- The Last 5 Year average price is £382,715 with Total Sold: 75
- The most recent sale happened at this postcode is , 2 TREETOPS: £292,500 (Sold on 03 Jul 2024)
- The first recorded sale happened at this postcode is , 8 LOCKSIDE: £82,000 (Sold on 11 Jan 1995)
Flat
- The average price is around £229,980 median price is £249,950 Standard Deviation is £63,318 with Total Sold: 5
- The Last 5 Year average price is £229,980 with Total Sold: 5
- The most recent sale happened at this postcode is , 1 MARY BOND COURT: £249,950 (Sold on 21 Apr 2023)
- The first recorded sale happened at this postcode is , 51A PLANKS LANE: £105,000 (Sold on 30 Jul 2020)
Other
- The average price is around £952,921 median price is £420,000 Standard Deviation is £919,532 with Total Sold: 7
- The Last 5 Year average price is £1,111,492 with Total Sold: 6
- The most recent sale happened at this postcode is , 28 BRATCH PARK: £274,950 (Sold on 10 Jun 2022)
- The first recorded sale happened at this postcode is , 108 BRATCH LANE: £1,500 (Sold on 10 May 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£251,500		4
2023	£301,889	£3,442	9
2022	£261,585	£3,589	10
2021	£248,397	£3,046	15
2020	£220,244	£3,284	8
2019	£211,904	£3,030	14
2018	£252,988	£2,856	8
2017	£206,062	£2,531	8
2016	£186,957	£2,499	15
2015	£179,157	£2,236	15
2014	£190,377	£2,369	13
2013	£156,611	£2,222	9
2012	£185,214	£2,417	7
2011	£166,643	£2,280	7
2010	£186,238	£2,044	4
2009	£179,883	£2,263	9
2008	£158,681	£2,243	4
2007	£219,067	£2,587	6
2006	£170,990	£2,038	10
2005	£164,321	£2,042	21
2004	£130,912	£2,063	12
2003	£127,766	£1,959	22
2002	£116,541	£1,658	16
2001	£86,636	£1,289	7
2000	£80,719	£1,200	13
1999	£64,290	£734	5
1998	£67,403	£883	17
1997	£60,395	£848	19
1996	£64,021	£798	12
1995	£64,295	£771	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£277,000		1
2023	£227,917	£3,629	6
2022	£255,800	£3,811	6
2021	£178,833	£2,636	3
2020	£165,000	£2,050	1
2019	£218,600	£3,019	5
2018	£168,238	£2,948	4
2017	£149,975	£2,170	2
2016	£217,594	£2,243	4
2015	£149,833	£1,723	3
2014	£182,650	£2,395	5
2013	£147,475	£2,302	2
2012	£119,375	£1,977	4
2011	£172,500	£2,336	1
2010	£145,000	£1,884	3
2009	£238,500	£2,138	2
2007	£156,362	£2,416	4
2006	£186,633	£2,216	3
2005	£168,980	£2,425	5
2004	£121,750	£1,926	2
2003	£119,082	£2,032	3
2002	£48,000	£425	1
2001	£84,116	£1,167	7
2000	£87,475	£917	2
1999	£74,667	£983	3
1998	£57,665	£1,094	3
1997	£53,000	£989	1
1996	£52,500		1
1995	£38,833	£853	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£376,875	£2,688	4
2023	£478,333	£3,606	6
2022	£421,773	£3,728	11
2021	£376,322	£3,414	20
2020	£365,304	£3,004	13
2019	£352,914	£3,055	21
2018	£350,221	£3,008	21
2017	£296,650	£2,876	18
2016	£289,847	£2,898	17
2015	£280,050	£2,548	16
2014	£302,062	£2,412	20
2013	£290,412	£2,503	18
2012	£302,071	£2,362	7
2011	£292,809	£2,419	21
2010	£300,198	£2,451	22
2009	£231,883	£2,355	9
2008	£311,389	£2,226	18
2007	£287,288	£2,356	30
2006	£292,081	£2,439	27
2005	£286,816	£2,507	19
2004	£286,812	£2,273	34
2003	£249,890	£1,865	61
2002	£219,486	£1,618	84
2001	£158,715	£1,435	24
2000	£143,250	£1,376	24
1999	£125,165	£1,178	26
1998	£119,032	£1,134	36
1997	£116,106	£1,018	40
1996	£108,234	£998	34
1995	£101,061	£960	46

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£249,950		2
2021	£272,500		2
2020	£105,000	£1,479	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£347,475	£3,704	2
2020	£831,000		2
2019	£2,156,000		2
2018	£1,500	£10	1

House Type in WV5 8BE area

The most common house types in the WV5 8BE postcode area are Detached (56), Semi-detached (49), and Terraced (19).

Total	126
Detached	56
Semi-detached	49
Terraced	19
commercial building	2
Flat	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright	56
Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the WV5 8BE have 2 people in household (45), and 1 person in household (35).

2 people in household	45
1 person in household	35
3 people in household	23
4 people in household	16
5 people in household	7
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0