Housing Market Analysis for MILLFIELDS WAY, WV5 8JQ

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

Overview of Sold House prices

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

Detached
- The average price is around £150,264 median price is £116,225 Standard Deviation is £85,332 with Total Sold: 18
- The Last 5 Year average price is £270,000 with Total Sold: 2
- The most recent sale happened at this postcode is 62 MILLFIELDS WAY: £275,000 (Sold on 23 Jul 2021)
- The first recorded sale happened at this postcode is 68 MILLFIELDS WAY: £65,950 (Sold on 24 Mar 1995)
Semi-Detached
- The average price is around £122,727 median price is £125,000 Standard Deviation is £51,118 with Total Sold: 11
- The Last 5 Year average price is £155,000 with Total Sold: 1
- The most recent sale happened at this postcode is 42 MILLFIELDS WAY: £155,000 (Sold on 24 Jul 2020)
- The first recorded sale happened at this postcode is 48 MILLFIELDS WAY: £72,000 (Sold on 27 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 8JQ 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
2021	£275,000	£3,481	1
2020	£265,000	£3,442	1
2017	£349,950	£2,938	1
2015	£214,975	£2,871	2
2007	£196,000	£2,363	2
2003	£149,950		1
2002	£129,950		1
2000	£102,500	£1,165	1
1999	£86,250	£775	2
1998	£74,000	£1,159	2
1997	£80,000	£503	2
1996	£64,000		1
1995	£65,950		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£155,000	£3,229	1
2017	£178,000	£2,342	1
2013	£222,500	£2,041	1
2006	£147,500	£2,651	2
2004	£125,000	£2,604	1
2000	£92,995	£1,208	1
1999	£69,833	£1,001	3
1995	£72,000	£661	1

All the Sales in the MILLFIELDS WAY, WV5 8JQ

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

Address	Sold Date	Price	% Change
62 MILLFIELDS WAYDetached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	23 Jul 2021	£275,000	First Sale
66 MILLFIELDS WAYDetached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	09 Oct 2020	£265,000	58.68%
	14 Mar 2007	£167,000	79.58%
	19 May 2000	£92,995	First Sale
42 MILLFIELDS WAYSemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1976-1982	24 Jul 2020	£155,000	24.00%
	05 May 2006	£125,000	0.0
	01 Oct 2004	£125,000	140.38%
	19 Apr 1999	£52,000	First Sale
74 MILLFIELDS WAYDetached, FreeholdArea: 119.1 Sq.mtrAge: 1983-1990	05 Oct 2017	£349,950	First Sale
40 MILLFIELDS WAYSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	28 Apr 2017	£178,000	First Sale
64 MILLFIELDS WAYDetached, FreeholdArea: 63 Sq.mtrAge: 1976-1982	30 Sep 2015	£190,000	11.76%
	20 Mar 2006	£170,000	139.44%
	11 Nov 1999	£71,000	First Sale
72 MILLFIELDS WAYDetached, FreeholdArea: 88 Sq.mtrAge: 1983-1990	09 Apr 2015	£239,950	6.64%
	02 Mar 2007	£225,000	119.51%
	24 Mar 2000	£102,500	First Sale
48 MILLFIELDS WAYSemi-Detached, FreeholdArea: 109 Sq.mtr	11 Jan 2013	£222,500	157.23%
	21 May 1999	£86,500	20.14%
	27 Oct 1995	£72,000	First Sale
58 MILLFIELDS WAYDetached, Freehold	27 Nov 2003	£149,950	134.30%
58 MILLFIELDS WAYDetached, Freehold	12 Dec 1996	£64,000	First Sale
52 MILLFIELDS WAYDetached, Freehold	03 May 2002	£129,950	54.70%
52 MILLFIELDS WAYDetached, Freehold	23 May 1997	£84,000	First Sale
46 MILLFIELDS WAYDetached, FreeholdArea: 88 Sq.mtrAge: 1976-1982	27 Aug 1999	£86,000	First Sale
70 MILLFIELDS WAYDetached, FreeholdArea: 151 Sq.mtrAge: 1967-1975	20 Apr 1999	£86,500	13.82%
	24 Oct 1997	£76,000	First Sale
54 MILLFIELDS WAYDetached, FreeholdArea: 63 Sq.mtrAge: 1967-1975	04 Dec 1998	£73,000	First Sale
56 MILLFIELDS WAYDetached, Freehold	31 Jul 1998	£75,000	First Sale
68 MILLFIELDS WAYDetached, Freehold	24 Mar 1995	£65,950	First Sale

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

MILLFIELDS WAY, WV5 8JQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £128,916 median price is £129,000 Standard Deviation is £62,492 with Total Sold: 683
- The Last 5 Year average price is £220,971 with Total Sold: 95
- The most recent sale happened at this postcode is , 9 FORGE LEYS: £245,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 16 THE CELANDINES: £59,500 (Sold on 19 Jan 1995)
Detached
- The average price is around £208,244 median price is £200,000 Standard Deviation is £103,276 with Total Sold: 473
- The Last 5 Year average price is £322,462 with Total Sold: 82
- The most recent sale happened at this postcode is , 20 QUENDALE: £325,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 34 WOODFORD WAY: £90,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £126,464 median price is £131,250 Standard Deviation is £57,441 with Total Sold: 227
- The Last 5 Year average price is £196,604 with Total Sold: 48
- The most recent sale happened at this postcode is , 3 SWINFORD LEYS: £217,950 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 89 MILLFIELDS WAY: £42,500 (Sold on 31 Mar 1995)
Flat
- The average price is around £85,549 median price is £84,500 Standard Deviation is £32,574 with Total Sold: 87
- The Last 5 Year average price is £126,660 with Total Sold: 17
- 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)
Other
- The average price is around £583,750 median price is £382,500 Standard Deviation is £502,605 with Total Sold: 6
- The Last 5 Year average price is £1,007,500 with Total Sold: 2
- The most recent sale happened at this postcode is , FIVES NORTH AMERICAN COMBUSTION (UK) LTD HEATH MILL ROAD: £1,650,000 (Sold on 22 Dec 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,714	£3,750	7
2023	£261,125	£3,347	12
2022	£252,882	£3,459	14
2021	£214,664	£2,895	28
2020	£197,579	£2,912	17
2019	£189,526	£2,660	17
2018	£166,116	£2,740	24
2017	£177,917	£2,696	21
2016	£161,698	£2,273	20
2015	£154,781	£2,152	21
2014	£140,125	£2,013	20
2013	£144,339	£1,988	19
2012	£137,000	£2,047	13
2011	£139,411	£1,947	9
2010	£173,271	£2,531	17
2009	£161,162	£1,852	12
2008	£154,066	£2,294	17
2007	£160,772	£2,335	34
2006	£155,462	£2,292	17
2005	£131,136	£1,789	33
2004	£142,217	£1,706	26
2003	£119,250	£1,604	25
2002	£93,338	£1,437	35
2001	£83,098	£1,193	32
2000	£71,987	£1,079	32
1999	£67,484	£948	29
1998	£60,975	£878	34
1997	£57,731	£856	37
1996	£52,089	£760	36
1995	£55,372	£789	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£320,000		3
2023	£355,083	£4,241	6
2022	£373,786	£3,955	14
2021	£309,583	£3,431	24
2020	£282,375	£3,070	12
2019	£317,387	£2,960	23
2018	£303,560	£2,997	21
2017	£272,578	£2,931	18
2016	£238,018	£2,668	22
2015	£230,162	£2,560	21
2014	£231,965	£2,355	20
2013	£201,661	£2,335	9
2012	£261,333	£2,482	6
2011	£279,276	£2,115	9
2010	£261,320	£2,436	15
2009	£213,056	£2,324	9
2008	£249,895	£2,265	10
2007	£234,311	£2,301	19
2006	£223,005	£2,102	10
2005	£217,717	£2,215	9
2004	£204,708	£2,072	13
2003	£180,532	£1,965	20
2002	£140,217	£1,481	23
2001	£133,500	£1,249	22
2000	£119,064	£1,133	21
1999	£97,682	£1,036	19
1998	£83,639	£940	14
1997	£88,756	£872	25
1996	£88,180	£889	23
1995	£75,777	£825	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£218,975		2
2023	£215,393	£3,188	7
2022	£214,750	£3,227	8
2021	£192,962	£2,539	13
2020	£185,547	£2,706	7
2019	£178,723	£2,276	11
2018	£182,275	£2,664	6
2017	£151,330	£2,312	9
2016	£131,125	£1,933	8
2015	£142,175	£2,022	14
2014	£145,862	£1,921	12
2013	£129,983	£1,955	3
2012	£121,400	£1,841	4
2011	£115,610	£1,608	6
2010	£152,136	£1,780	7
2009	£112,600	£1,737	5
2008	£146,767	£2,480	9
2007	£143,706	£2,133	8
2006	£128,150	£1,757	9
2005	£104,488	£2,119	4
2004	£108,500	£2,009	3
2003	£90,169	£1,520	8
2002	£70,325	£1,056	12
2001	£73,500	£812	5
2000	£62,070	£946	10
1999	£61,494	£1,027	8
1998	£49,306	£669	8
1997	£49,365	£889	10
1996	£48,090	£767	5
1995	£47,750	£589	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,500		1
2023	£144,000	£2,716	4
2022	£135,000	£2,801	3
2021	£120,000	£2,857	1
2020	£122,112	£1,658	4
2019	£106,569	£2,263	4
2018	£99,000	£1,671	2
2017	£92,875	£1,489	4
2015	£80,333	£1,431	3
2014	£99,875	£1,822	4
2013	£105,625	£1,890	4
2011	£87,750	£1,329	2
2010	£99,983	£7,963	3
2008	£100,475	£2,385	2
2007	£113,500	£2,562	2
2006	£103,317	£1,608	3
2005	£95,000	£1,557	1
2004	£101,375	£2,232	4
2002	£64,744	£1,276	8
2001	£62,870	£1,104	5
2000	£55,862	£1,148	4
1999	£51,783	£838	3
1998	£49,792	£967	6
1996	£46,629	£772	7
1995	£35,650	£715	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£1,007,500		2
2018	£662,500		1
2017	£300,000		1
2016	£400,000		1
2013	£125,000	£1,667	1

House Type in WV5 8JQ area

The most common house types in the WV5 8JQ postcode area are Semi-detached (55), Detached (36), and Terraced (26).

Total	117
Semi-detached	55
Detached	36
Terraced	26
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 with a mortgage or loan (51), and Owned: Owns outright (49).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	49
Private rented: Private landlord or letting agency	15
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the WV5 8JQ have 2 people in household (49), and 1 person in household (31).

2 people in household	49
1 person in household	31
3 people in household	22
4 people in household	14
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0