Housing Market Analysis for FORGE VALLEY WAY, WV5 8JP

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

Overview of Sold House prices

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

Detached
- The average price is around £195,988 median price is £190,000 Standard Deviation is £86,461 with Total Sold: 8
- The Last 5 Year average price is £276,238 with Total Sold: 4
- The most recent sale happened at this postcode is 10 FORGE VALLEY WAY: £285,000 (Sold on 03 Feb 2023)
- The first recorded sale happened at this postcode is 23 FORGE VALLEY WAY: £78,000 (Sold on 08 Oct 1999)
Semi-Detached
- The average price is around £94,909 median price is £69,000 Standard Deviation is £48,849 with Total Sold: 18
- The Last 5 Year average price is £180,000 with Total Sold: 1
- The most recent sale happened at this postcode is 29 FORGE VALLEY WAY: £180,000 (Sold on 24 May 2019)
- The first recorded sale happened at this postcode is 27 FORGE VALLEY WAY: £44,500 (Sold on 29 Feb 1996)
Terraced
- The average price is around £82,712 median price is £84,450 Standard Deviation is £27,887 with Total Sold: 4
- The most recent sale happened at this postcode is 43 FORGE VALLEY WAY: £119,950 (Sold on 07 Jul 2006)
- The first recorded sale happened at this postcode is 43 FORGE VALLEY WAY: £42,000 (Sold on 04 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 8JP 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
2023	£285,000	£2,882	1
2021	£270,000	£2,872	1
2019	£274,975	£2,984	2
2004	£147,500	£1,810	2
2001	£89,950	£1,034	1
1999	£78,000	£1,019	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£180,000	£2,812	1
2018	£172,000	£2,234	1
2014	£144,000	£2,028	1
2011	£138,667	£1,449	3
2007	£138,000	£1,944	1
2003	£125,000	£1,953	1
2002	£44,469		1
2001	£69,000		2
1997	£53,080	£891	5
1996	£42,750	£578	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£119,950	£983	1
2003	£89,950	£737	1
2002	£78,950	£647	1
1995	£42,000	£344	1

All the Sales in the FORGE VALLEY WAY, WV5 8JP

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

Address	Sold Date	Price	% Change
10 FORGE VALLEY WAYDetached, FreeholdArea: 98.88 Sq.mtrAge: 1976-1982	03 Feb 2023	£285,000	First Sale
17 FORGE VALLEY WAYDetached, FreeholdArea: 94 Sq.mtrAge: 1983-1990	26 Jul 2021	£270,000	First Sale
4 FORGE VALLEY WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1976-1982	26 Sep 2019	£319,950	First Sale
23 FORGE VALLEY WAYDetached, FreeholdArea: 76.51 Sq.mtrAge: 1967-1975	23 Sep 2019	£230,000	58.62%
	01 Oct 2004	£145,000	85.90%
	08 Oct 1999	£78,000	First Sale
29 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1976-1982	24 May 2019	£180,000	44.00%
	11 Jul 2003	£125,000	108.33%
	23 May 1997	£60,000	First Sale
27 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1976-1982	07 Dec 2018	£172,000	16.22%
	30 Nov 2011	£148,000	232.58%
	29 Feb 1996	£44,500	First Sale
31 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1976-1982	21 May 2014	£144,000	4.35%
	26 Jan 2007	£138,000	130.19%
	01 Sep 1997	£59,950	First Sale
25 FORGE VALLEY WAYSemi-Detached, Freehold	13 May 2011	£149,000	First Sale
43 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 122 Sq.mtrAge: 1967-1975	15 Apr 2011	£119,000	-0.79%
	07 Jul 2006	£119,950	33.35%
	10 Sep 2003	£89,950	13.93%
	18 Oct 2002	£78,950	87.98%
	04 Aug 1995	£42,000	First Sale
19 FORGE VALLEY WAYDetached, FreeholdArea: 87 Sq.mtrAge: 1976-1982	16 Apr 2004	£150,000	66.76%
	28 Sep 2001	£89,950	First Sale
3 FORGE VALLEY WAYSemi-Detached, Freehold	31 Jan 2002	£44,469	First Sale
39 FORGE VALLEY WAYSemi-Detached, Freehold	09 Nov 2001	£72,000	58.24%
39 FORGE VALLEY WAYSemi-Detached, Freehold	10 Oct 1997	£45,500	First Sale
35 FORGE VALLEY WAYSemi-Detached, Freehold	07 Sep 2001	£66,000	First Sale
33 FORGE VALLEY WAYSemi-Detached, Freehold	01 Sep 1997	£49,950	First Sale
41 FORGE VALLEY WAYSemi-Detached, Freehold	31 Jan 1997	£50,000	First Sale
37 FORGE VALLEY WAYSemi-Detached, Freehold	12 Jul 1996	£41,000	First Sale

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

FORGE VALLEY WAY, WV5 8JP Near By properties

Interactive Map

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

Terraced
- The average price is around £131,870 median price is £134,000 Standard Deviation is £59,618 with Total Sold: 199
- The Last 5 Year average price is £208,390 with Total Sold: 42
- The most recent sale happened at this postcode is , 29 FOLEY GROVE: £220,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 89 MILLFIELDS WAY: £42,500 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £126,166 median price is £127,000 Standard Deviation is £62,720 with Total Sold: 507
- The Last 5 Year average price is £219,986 with Total Sold: 61
- The most recent sale happened at this postcode is , 31 QUENDALE: £290,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 16 THE CELANDINES: £59,500 (Sold on 19 Jan 1995)
Flat
- The average price is around £92,953 median price is £83,050 Standard Deviation is £48,200 with Total Sold: 53
- The Last 5 Year average price is £151,398 with Total Sold: 12
- The most recent sale happened at this postcode is , 80 GIGGETTY LANE: £137,500 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 17 SWINFORD LEYS: £37,000 (Sold on 28 Apr 1995)
Detached
- The average price is around £228,374 median price is £220,000 Standard Deviation is £108,769 with Total Sold: 524
- The Last 5 Year average price is £335,215 with Total Sold: 81
- The most recent sale happened at this postcode is , 23 FURNACE CLOSE: £350,000 (Sold on 04 Mar 2024)
- The first recorded sale happened at this postcode is , 34 WOODFORD WAY: £90,000 (Sold on 06 Jan 1995)
Other
- The average price is around £1,018,143 median price is £400,000 Standard Deviation is £857,839 with Total Sold: 7
- The Last 5 Year average price is £1,320,400 with Total Sold: 5
- The most recent sale happened at this postcode is , HART MATERIALS PLANKS LANE: £365,000 (Sold on 01 Mar 2021)
- The first recorded sale happened at this postcode is , 9 HONEYBOURNE CRESCENT: £125,000 (Sold on 18 Oct 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,000		1
2023	£224,525	£3,340	10
2022	£224,164	£3,526	11
2021	£205,312	£2,735	8
2020	£180,638	£2,569	6
2019	£182,500	£2,442	6
2018	£181,943	£2,696	7
2017	£152,925	£2,437	8
2016	£132,500	£1,980	5
2015	£148,121	£2,167	12
2014	£144,740	£2,026	10
2013	£129,983	£2,225	3
2012	£139,125	£2,097	4
2011	£120,333	£1,685	5
2010	£172,158	£2,198	6
2009	£112,600	£1,737	5
2008	£142,612	£2,180	8
2007	£143,525	£2,207	6
2006	£129,106	£1,801	8
2005	£131,650	£2,119	3
2004	£108,500	£2,009	3
2003	£100,488	£1,579	9
2002	£80,612	£1,187	8
2001	£75,625		4
2000	£64,462	£985	8
1999	£61,494	£1,027	8
1998	£53,779	£818	7
1997	£49,365	£889	10
1996	£48,090	£767	5
1995	£47,200	£589	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,500	£3,750	4
2023	£276,643	£3,577	7
2022	£254,404	£3,588	13
2021	£207,444	£2,962	16
2020	£189,817	£3,207	9
2019	£176,829	£2,763	12
2018	£165,393	£3,009	14
2017	£177,569	£2,773	18
2016	£162,000	£2,343	11
2015	£154,571	£2,373	14
2014	£142,292	£2,151	12
2013	£147,250	£2,081	14
2012	£138,100	£2,101	10
2011	£140,470	£1,954	10
2010	£187,082	£2,628	11
2009	£179,556	£1,897	8
2008	£154,466	£2,367	11
2007	£159,112	£2,364	30
2006	£155,223	£2,315	15
2005	£134,614	£1,999	21
2004	£147,153	£1,950	18
2003	£118,861	£1,765	23
2002	£92,178	£1,499	29
2001	£83,641	£1,291	24
2000	£74,079	£1,125	27
1999	£69,102	£989	21
1998	£61,074	£869	29
1997	£56,553	£860	30
1996	£50,544	£794	26
1995	£55,822	£823	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,500		1
2023	£141,000	£3,105	2
2022	£140,000	£3,022	2
2021	£221,667	£2,857	3
2020	£130,000	£2,600	1
2019	£107,426	£2,296	3
2017	£72,500	£1,859	1
2015	£87,250	£1,643	2
2014	£92,500	£2,569	1
2013	£112,500	£2,077	2
2010	£104,975	£11,328	2
2008	£100,475	£2,385	2
2007	£113,500	£2,562	2
2006	£142,000	£2,254	1
2004	£101,375	£2,232	4
2002	£65,190	£1,514	5
2001	£68,133	£1,322	3
2000	£58,483	£1,557	3
1999	£59,900	£935	1
1998	£49,792	£967	6
1996	£55,100	£955	4
1995	£37,500	£925	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£379,500	£4,105	7
2022	£386,846	£3,812	13
2021	£317,786	£3,502	21
2020	£302,393	£2,965	14
2019	£328,396	£2,959	25
2018	£309,442	£2,914	18
2017	£292,018	£2,918	22
2016	£255,700	£2,757	22
2015	£221,672	£2,585	20
2014	£249,963	£2,264	19
2013	£246,661	£2,343	9
2012	£273,500	£2,099	6
2011	£304,345	£2,245	13
2010	£289,908	£2,415	20
2009	£215,938	£2,221	8
2008	£291,095	£2,396	10
2007	£247,795	£2,358	20
2006	£277,637	£2,332	15
2005	£265,265	£2,382	13
2004	£270,703	£2,124	16
2003	£219,887	£1,813	51
2002	£191,146	£1,530	34
2001	£134,905	£1,287	21
2000	£122,387	£1,151	19
1999	£98,386	£1,036	18
1998	£83,639	£940	14
1997	£92,359	£892	22
1996	£85,174	£918	21
1995	£77,092	£825	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£365,000		1
2020	£1,650,000		1
2019	£1,529,000		3
2016	£400,000		1
2013	£125,000	£1,667	1

House Type in WV5 8JP area

The most common house types in the WV5 8JP postcode area are Semi-detached (54), Detached (52), and Terraced (13).

Total	119
Semi-detached	54
Detached	52
Terraced	13
Flat	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 (53), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright	53
Owned: Owns with a mortgage or loan	53
Private rented: Private landlord or letting agency	7
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the WV5 8JP have 2 people in household (49), and 3 people in household (29).

2 people in household	49
3 people in household	29
1 person in household	24
4 people in household	12
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0