Housing Market Analysis for MERCHANT CLOSE, WV6 7EF

Are you looking to understand WV6 7EF 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 WV6 7EF area, explore the WV6 7EF Area information page.
For comprehensive crime statistics in the WV6 7EF area, explore the WV6 7EF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV6 7EF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £224,125 median price is £229,000 Standard Deviation is £57,659 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 MERCHANT CLOSE: £300,000 (Sold on 18 May 2018)
    • The first recorded sale happened at this postcode is 5 MERCHANT CLOSE: £138,500 (Sold on 13 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average WV6 7EF 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£300,000 £2,459 1
2009£220,000 £1,771 1
2004£238,000 £1,951 1
1999£138,5001

All the Sales in the MERCHANT CLOSE, WV6 7EF

See the table below for more details on the sold house prices in the WV6 7EF, South Staffordshire postcode.

AddressSold DatePrice% Change
1 MERCHANT CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1996-200218 May 2018£300,00026.05%
16 Aug 2004£238,000First Sale
4 MERCHANT CLOSEDetached, FreeholdArea: 124.2 Sq.mtrAge: 1976-198218 Dec 2009£220,000First Sale
5 MERCHANT CLOSEDetached, Freehold13 Apr 1999£138,500First Sale

Check out the sold house prices near the WV6 7EF postcode. Properties currently for saleProperties currently for rent

MERCHANT CLOSE, WV6 7EF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV6 7EF 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 WV6 7EF postcode.

  • Detached
    • The average price is around £279,817 median price is £267,000 Standard Deviation is £144,147 with Total Sold: 264
    • The Last 5 Year average price is £416,637 with Total Sold: 50
    • The most recent sale happened at this postcode is , 2 BEECH CLOSE: £299,950 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 32 WOLVERHAMPTON ROAD: £171,500 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £175,074 median price is £175,000 Standard Deviation is £77,647 with Total Sold: 288
    • The Last 5 Year average price is £265,042 with Total Sold: 42
    • The most recent sale happened at this postcode is , 3 NEWGATE: £290,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 33 THE GREENWAY: £57,000 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £167,059 median price is £156,000 Standard Deviation is £81,094 with Total Sold: 52
    • The Last 5 Year average price is £269,211 with Total Sold: 9
    • The most recent sale happened at this postcode is , 14 THE SQUARE: £225,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , 11 THE SQUARE: £56,000 (Sold on 06 Oct 1995)
  • Other
    • The average price is around £475,000 median price is £355,000 Standard Deviation is £216,171 with Total Sold: 5
    • The Last 5 Year average price is £735,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 11 HIGH STREET: £690,000 (Sold on 10 Aug 2023)
    • The first recorded sale happened at this postcode is , 9 WOLVERHAMPTON ROAD: £355,000 (Sold on 22 Aug 2018)
  • Flat
    • The average price is around £73,500 median price is £72,500 Standard Deviation is £36,732 with Total Sold: 4
    • The Last 5 Year average price is £115,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 7 ST CHADS CLOSE: £115,000 (Sold on 01 Nov 2019)
    • The first recorded sale happened at this postcode is , 4A MEADOW VIEW: £34,000 (Sold on 08 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£339,9752
2023£365,562 £3,664 8
2022£460,350 £3,764 7
2021£449,633 £3,444 9
2020£410,444 £3,057 9
2019£417,617 £3,362 15
2018£355,596 £2,899 13
2017£348,130 £2,658 14
2016£317,778 £2,727 9
2015£328,964 £2,605 14
2014£300,556 £2,255 8
2013£315,800 £2,791 5
2012£291,000 £2,181 8
2011£349,375 £2,322 4
2010£281,000 £2,701 5
2009£406,500 £2,452 5
2008£369,143 £2,970 7
2007£355,833 £3,094 6
2006£300,832 £2,316 6
2005£300,075 £2,204 6
2004£293,409 £2,119 11
2003£234,950 £1,767 10
2002£169,583 £1,399 6
2001£174,778 £1,453 9
2000£136,667 £1,063 9
1999£115,279 £1,125 14
1998£123,774 £1,053 10
1997£137,223 £987 15
1996£102,167 £613 9
1995£125,455 £885 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,0001
2023£313,356 £3,290 8
2022£285,125 £3,503 4
2021£283,675 £2,792 8
2020£259,953 £2,675 10
2019£211,409 £2,415 11
2018£256,970 £2,661 10
2017£218,204 £2,447 12
2016£194,950 £2,177 10
2015£178,056 £1,908 8
2014£213,667 £2,515 6
2013£222,077 £2,290 13
2012£172,165 £1,754 7
2011£232,375 £2,306 4
2010£208,000 £2,191 7
2009£207,500 £1,966 4
2008£203,275 £1,736 10
2007£199,958 £2,249 13
2006£185,030 £2,016 15
2005£204,444 £1,947 9
2004£176,200 £1,848 12
2003£160,632 £1,352 14
2002£125,326 £1,297 19
2001£101,223 £1,094 11
2000£101,200 £1,256 7
1999£95,990 £1,030 10
1998£84,264 £866 14
1997£74,620 £526 5
1996£67,917 £691 12
1995£71,143 £745 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £2,885 2
2022£220,000 £2,517 2
2021£282,475 £2,584 2
2020£279,975 £2,381 2
2019£258,000 £2,434 1
2018£175,000 £1,902 1
2016£170,250 £1,814 2
2015£272,500 £2,293 2
2014£214,333 £1,744 3
2013£172,750 £2,306 2
2012£145,750 £1,623 1
2011£176,250 £1,650 2
2010£134,667 £1,775 3
2009£168,500 £1,710 2
2008£195,000 £2,463 1
2007£200,667 £2,319 3
2006£189,862 £1,986 4
2005£105,833 £1,547 3
2003£149,500 £1,453 2
2001£81,417 £924 3
2000£84,475 £876 2
1999£49,750 £713 2
1998£70,5001
1997£54,583 £689 3
1995£56,000 £807 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£690,0001
2019£780,0001
2018£301,667 £1,880 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£115,000 £1,597 1
2009£105,000 £1,440 1
1999£40,0001
1995£34,0001

House Type in WV6 7EF area

The most common house types in the WV6 7EF postcode area are Detached (93), Semi-detached (40), and Terraced (14).

Total160
Detached93
Semi-detached40
Terraced14
commercial building10
Shared house2
Flat1
converted 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 (52).

Owned: Owns outright78
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency16
Social rented: Other social rented8
Private rented: Other private rented4
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 WV6 7EF have 2 people in household (58), and 1 person in household (44).

2 people in household58
1 person in household44
4 people in household28
3 people in household24
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0