Housing Market Analysis for FORGE VALLEY WAY, WV5 8JT

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £116,111 median price is £122,250 Standard Deviation is £48,108 with Total Sold: 28
- The Last 5 Year average price is £198,317 with Total Sold: 3
- The most recent sale happened at this postcode is 34 FORGE VALLEY WAY: £234,950 (Sold on 01 Jun 2022)
- The first recorded sale happened at this postcode is 18 FORGE VALLEY WAY: £51,500 (Sold on 24 Feb 1995)
Detached
- The average price is around £107,938 median price is £106,000 Standard Deviation is £44,950 with Total Sold: 4
- The most recent sale happened at this postcode is 40 FORGE VALLEY WAY: £160,000 (Sold on 14 Jul 2006)
- The first recorded sale happened at this postcode is 28 FORGE VALLEY WAY: £59,750 (Sold on 03 May 1996)
Terraced
- The average price is around £90,000 median price is £90,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 42 FORGE VALLEY WAY: £90,000 (Sold on 10 Jun 2004)
- The first recorded sale happened at this postcode is 42 FORGE VALLEY WAY: £90,000 (Sold on 10 Jun 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 8JT 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£209,975	£3,707	2
2020	£175,000	£3,646	1
2018	£161,000	£3,219	2
2017	£150,000	£2,500	1
2016	£132,500	£2,040	1
2015	£134,975	£2,140	2
2014	£121,250	£2,617	2
2013	£131,000	£2,339	1
2007	£175,000		1
2006	£152,000	£2,303	1
2005	£127,500	£1,963	1
2004	£118,000	£2,107	1
2003	£106,225	£1,385	2
2002	£66,500	£1,109	2
2001	£78,500	£1,136	2
2000	£65,000	£1,083	1
1999	£60,000	£924	1
1998	£55,750	£996	1
1996	£50,500	£857	2
1995	£51,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£160,000		1
2005	£145,000	£1,343	1
1996	£63,375		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£90,000	£2,009	1

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

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

Address	Sold Date	Price	% Change
34 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	01 Jun 2022	£234,950	62.09%
	22 May 2015	£144,950	-4.64%
	22 Sep 2006	£152,000	162.07%
	27 Mar 2002	£58,000	-22.67%
	03 Aug 2001	£75,000	First Sale
44 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1976-1982	21 Mar 2022	£185,000	5.71%
	12 Jun 2020	£175,000	45.23%
	30 May 2014	£120,500	First Sale
42 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 44.8 Sq.mtrAge: 1976-1982	14 Sep 2018	£154,000	26.23%
	03 Oct 2014	£122,000	35.56%
	10 Jun 2004	£90,000	First Sale
22 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1976-1982	04 May 2018	£168,000	28.24%
	16 Dec 2013	£131,000	11.02%
	07 May 2004	£118,000	57.33%
	25 Jan 2002	£75,000	34.53%
	06 Nov 1998	£55,750	16.15%
	30 Sep 1996	£48,000	First Sale
16 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1976-1982	10 Nov 2017	£150,000	20.00%
	06 Feb 2015	£125,000	92.31%
	10 Nov 2000	£65,000	First Sale
14 FORGE VALLEY WAYSemi-Detached, FreeholdArea: 64.94 Sq.mtrAge: 1967-1975	24 Mar 2016	£132,500	3.92%
	29 Jul 2005	£127,500	41.75%
	22 Aug 2003	£89,950	49.92%
	13 Oct 1999	£60,000	First Sale
48 FORGE VALLEY WAYSemi-Detached, Freehold	09 Nov 2007	£175,000	42.86%
48 FORGE VALLEY WAYSemi-Detached, Freehold	18 Aug 2003	£122,500	First Sale
40 FORGE VALLEY WAYDetached, Freehold	14 Jul 2006	£160,000	138.81%
40 FORGE VALLEY WAYDetached, Freehold	30 Aug 1996	£67,000	First Sale
46 FORGE VALLEY WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1967-1975	31 Mar 2005	£145,000	First Sale
18 FORGE VALLEY WAYSemi-Detached, Freehold	07 Sep 2001	£82,000	59.22%
18 FORGE VALLEY WAYSemi-Detached, Freehold	24 Feb 1995	£51,500	First Sale
28 FORGE VALLEY WAYDetached, Freehold	03 May 1996	£59,750	First Sale
36 FORGE VALLEY WAYSemi-Detached, Freehold	22 Mar 1996	£53,000	First Sale

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

FORGE VALLEY WAY, WV5 8JT Near By properties

Interactive Map

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

Terraced
- The average price is around £131,627 median price is £133,000 Standard Deviation is £60,199 with Total Sold: 195
- The Last 5 Year average price is £210,058 with Total Sold: 41
- 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 £126,306 median price is £127,000 Standard Deviation is £63,018 with Total Sold: 498
- The Last 5 Year average price is £220,369 with Total Sold: 60
- 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 £222,228 median price is £215,000 Standard Deviation is £105,107 with Total Sold: 502
- The Last 5 Year average price is £330,980 with Total Sold: 79
- 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 £1,094,929 median price is £662,500 Standard Deviation is £796,306 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 UNIT 1-4, ARISTOCRAT HOUSE PLANKS LANE: £400,000 (Sold on 23 Nov 2016)

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	£191,000	£2,605	5
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	£144,161	£2,040	9
2013	£129,983	£2,225	3
2012	£139,125	£2,097	4
2011	£105,571	£1,660	3
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	£208,140	£2,977	15
2020	£189,817	£3,207	9
2019	£176,829	£2,763	12
2018	£167,231	£3,080	13
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	£148,769	£2,119	13
2012	£145,667	£2,227	9
2011	£140,470	£1,954	10
2010	£187,082	£2,628	11
2009	£179,556	£1,897	8
2008	£157,418	£2,443	10
2007	£159,891	£2,392	29
2006	£155,223	£2,315	15
2005	£136,574	£2,069	19
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	£57,244	£860	29
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	£308,675	£3,519	20
2020	£302,393	£2,965	14
2019	£321,038	£2,954	24
2018	£301,765	£2,931	17
2017	£292,018	£2,918	22
2016	£255,700	£2,757	22
2015	£221,672	£2,585	20
2014	£238,194	£2,266	17
2013	£246,661	£2,343	9
2012	£270,600	£2,167	5
2011	£295,398	£2,284	10
2010	£267,629	£2,436	14
2009	£215,938	£2,221	8
2008	£291,095	£2,396	10
2007	£247,795	£2,358	20
2006	£261,754	£2,332	14
2005	£244,495	£2,244	11
2004	£232,019	£1,979	13
2003	£219,887	£1,813	51
2002	£195,453	£1,530	33
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	Sold
2021	£365,000	1
2020	£1,650,000	1
2019	£1,529,000	3
2018	£662,500	1
2016	£400,000	1

House Type in WV5 8JT area

The most common house types in the WV5 8JT postcode area are Detached (97), Semi-detached (67), and Terraced (22).

Total	186
Detached	97
Semi-detached	67
Terraced	22
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 (85), and Owned: Owns with a mortgage or loan (77).

Owned: Owns outright	85
Owned: Owns with a mortgage or loan	77
Private rented: Private landlord or letting agency	21
Private rented: Other private rented	3
Social rented: Other social 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 8JT have 2 people in household (64), and 1 person in household (45).

2 people in household	64
1 person in household	45
3 people in household	38
4 people in household	30
5 people in household	8
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0