Housing Market Analysis for MONKS CLOSE, WV5 8LB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £317,500 median price is £317,500 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £317,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 MONKS CLOSE: £317,500 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is 7 MONKS CLOSE: £317,500 (Sold on 15 Sep 2023)
  • Semi-Detached
    • The average price is around £103,500 median price is £103,500 Standard Deviation is £28,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 MONKS CLOSE: £132,000 (Sold on 07 Sep 2001)
    • The first recorded sale happened at this postcode is 5 MONKS CLOSE: £75,000 (Sold on 24 Jun 1996)
  • Detached
    • The average price is around £108,000 median price is £108,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 MONKS CLOSE: £108,000 (Sold on 04 Jan 1999)
    • The first recorded sale happened at this postcode is 4 MONKS CLOSE: £108,000 (Sold on 04 Jan 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average WV5 8LB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£317,500 £3,735 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£132,0001
1996£75,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£108,000 £1,286 1

All the Sales in the MONKS CLOSE, WV5 8LB

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

AddressSold DatePrice% Change
7 MONKS CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1983-199015 Sep 2023£317,5000.0
15 Sep 2023£317,500First Sale
9 MONKS CLOSESemi-Detached, Freehold07 Sep 2001£132,000First Sale
4 MONKS CLOSEDetached, FreeholdArea: 84 Sq.mtr04 Jan 1999£108,000First Sale
5 MONKS CLOSESemi-Detached, Freehold24 Jun 1996£75,000First Sale

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

MONKS CLOSE, WV5 8LB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £127,179 median price is £131,125 Standard Deviation is £57,790 with Total Sold: 286
    • The Last 5 Year average price is £198,647 with Total Sold: 60
    • 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 , 9 NAILERS ROW: £49,000 (Sold on 09 Mar 1995)
  • Semi-Detached
    • The average price is around £128,600 median price is £127,750 Standard Deviation is £62,875 with Total Sold: 904
    • The Last 5 Year average price is £219,555 with Total Sold: 124
    • 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 , 55 SANDRINGHAM ROAD: £50,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £89,507 median price is £85,000 Standard Deviation is £40,404 with Total Sold: 104
    • The Last 5 Year average price is £137,184 with Total Sold: 23
    • 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 £220,187 median price is £210,000 Standard Deviation is £105,968 with Total Sold: 570
    • The Last 5 Year average price is £327,387 with Total Sold: 85
    • 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 £928,062 median price is £382,500 Standard Deviation is £837,089 with Total Sold: 8
    • The Last 5 Year average price is £1,319,900 with Total Sold: 5
    • The most recent sale happened at this postcode is , 21 CALVIN CLOSE: £272,500 (Sold on 24 Aug 2023)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,0001
2023£224,525 £3,340 10
2022£210,087 £3,157 15
2021£192,679 £2,551 14
2020£185,547 £2,706 7
2019£177,381 £2,266 13
2018£176,700 £2,696 8
2017£151,993 £2,358 11
2016£133,200 £1,910 10
2015£142,059 £1,993 16
2014£145,162 £1,967 16
2013£132,983 £1,918 6
2012£114,086 £1,643 7
2011£117,851 £1,594 9
2010£148,717 £1,896 9
2009£112,600 £1,737 5
2008£146,767 £2,480 9
2007£135,965 £2,036 10
2006£130,535 £1,757 10
2005£112,271 £1,680 7
2004£102,625 £1,510 4
2003£98,918 £1,585 14
2002£71,031 £1,056 13
2001£67,135 £655 6
2000£62,070 £946 10
1999£60,395 £1,037 10
1998£49,772 £717 9
1997£48,988 £861 13
1996£47,908 £767 6
1995£49,062 £732 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£241,400 £3,750 5
2023£260,821 £3,310 14
2022£250,540 £3,491 20
2021£215,912 £2,875 36
2020£200,888 £2,901 24
2019£190,456 £2,656 25
2018£174,142 £2,665 33
2017£177,130 £2,556 25
2016£162,016 £2,229 25
2015£165,585 £2,152 33
2014£147,750 £2,025 26
2013£145,206 £1,997 24
2012£131,974 £1,942 19
2011£144,407 £1,985 14
2010£175,818 £2,440 19
2009£154,442 £1,900 18
2008£148,285 £2,237 25
2007£155,538 £2,262 39
2006£149,139 £2,102 27
2005£133,593 £1,780 46
2004£125,055 £1,539 39
2003£117,761 £1,653 39
2002£94,695 £1,437 40
2001£80,946 £1,179 38
2000£72,268 £1,041 40
1999£64,455 £893 40
1998£60,996 £871 40
1997£56,325 £819 52
1996£52,999 £743 46
1995£54,838 £734 33
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,7502
2023£144,000 £2,716 4
2022£130,000 £2,506 4
2021£195,500 £2,857 4
2020£118,690 £1,622 5
2019£106,569 £2,263 4
2018£99,000 £1,671 2
2017£92,875 £1,489 4
2016£87,500 £1,439 1
2015£86,500 £1,431 4
2014£99,875 £1,822 4
2013£105,625 £1,890 4
2012£62,000 £939 1
2011£87,750 £1,329 2
2010£99,983 £7,963 3
2009£80,000 £1,570 1
2008£101,650 £2,385 3
2007£111,650 £2,832 3
2006£95,238 £1,534 4
2005£89,000 £1,461 2
2004£96,700 £2,232 5
2002£64,744 £1,276 8
2001£62,870 £1,104 5
2000£53,690 £1,234 5
1999£51,783 £838 3
1998£49,792 £967 6
1996£45,862 £772 8
1995£35,650 £715 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£379,500 £4,105 7
2022£360,231 £3,783 13
2021£309,583 £3,431 24
2020£302,393 £2,965 14
2019£325,958 £2,940 26
2018£313,465 £2,963 23
2017£285,632 £2,901 22
2016£239,919 £2,659 26
2015£236,567 £2,578 21
2014£237,586 £2,331 21
2013£235,829 £2,225 12
2012£263,250 £2,696 4
2011£274,832 £2,160 12
2010£250,300 £2,440 16
2009£210,000 £2,241 10
2008£270,150 £2,199 13
2007£245,387 £2,338 23
2006£279,534 £2,253 16
2005£255,961 £2,352 14
2004£253,482 £2,203 17
2003£217,167 £1,847 55
2002£182,267 £1,538 39
2001£136,480 £1,273 25
2000£118,017 £1,133 20
1999£99,998 £1,036 22
1998£78,919 £940 13
1997£87,737 £833 27
1996£84,676 £889 21
1995£75,777 £825 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£272,500 £3,733 1
2021£365,0001
2020£1,650,0001
2019£2,156,0002
2017£300,0001
2016£400,0001
2013£125,000 £1,667 1

House Type in WV5 8LB area

The most common house types in the WV5 8LB postcode area are Detached (107), Semi-detached (25), and Flat (2).

Total135
Detached107
Semi-detached25
Flat2
Terraced1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright78
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency10
Social rented: Other social rented2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the WV5 8LB have 2 people in household (71), and 1 person in household (27).

2 people in household71
1 person in household27
3 people in household17
4 people in household14
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0