Housing Market Analysis for CHERRY TREE LANE, WV8 1NW

Are you looking to understand WV8 1NW 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 WV8 1NW area, explore the WV8 1NW Area information page.
For comprehensive crime statistics in the WV8 1NW area, explore the WV8 1NW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV8 1NW postcode area, The average prices are as follows,

  • Flat
    • The average price is around £97,995 median price is £104,500 Standard Deviation is £21,283 with Total Sold: 10
    • The Last 5 Year average price is £111,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 52 CHERRY TREE LANE: £105,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is 28 CHERRY TREE LANE: £42,000 (Sold on 20 Apr 2001)
  • Terraced
    • The average price is around £76,500 median price is £82,000 Standard Deviation is £29,295 with Total Sold: 5
    • The most recent sale happened at this postcode is 60 CHERRY TREE LANE: £104,000 (Sold on 01 Jun 2018)
    • The first recorded sale happened at this postcode is 15 CHERRY TREE LANE: £34,000 (Sold on 17 Jan 1997)
  • Semi-Detached
    • The average price is around £95,499 median price is £120,000 Standard Deviation is £44,615 with Total Sold: 5
    • The most recent sale happened at this postcode is 27 CHERRY TREE LANE: £124,995 (Sold on 24 Jun 2014)
    • The first recorded sale happened at this postcode is 35 CHERRY TREE LANE: £47,500 (Sold on 20 Apr 2000)
  • Detached
    • The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 26 CHERRY TREE LANE: £45,000 (Sold on 10 Jan 2001)
    • The first recorded sale happened at this postcode is 26 CHERRY TREE LANE: £45,000 (Sold on 10 Jan 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average WV8 1NW 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£105,000 £1,312 1
2021£115,000 £1,885 1
2020£115,000 £1,797 1
2019£112,000 £1,867 1
2018£111,000 £1,820 1
2015£99,950 £1,655 1
2014£104,000 £1,625 1
2012£79,000 £1,308 1
2007£97,0001
2001£42,000 £708 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£104,000 £1,418 1
2010£82,000 £1,118 1
2007£110,000 £1,719 1
2001£52,500 £820 1
1997£34,000 £531 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£124,995 £1,404 1
2006£148,0001
2004£120,0001
2001£37,0001
2000£47,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£45,0001

All the Sales in the CHERRY TREE LANE, WV8 1NW

See the table below for more details on the sold house prices in the WV8 1NW, South Staffordshire postcode.

AddressSold DatePrice% Change
52 CHERRY TREE LANEFlat, LeaseholdArea: 80 Sq.mtrAge: 1950-196627 Oct 2023£105,000First Sale
30 CHERRY TREE LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-196627 Sep 2021£115,000First Sale
15 CHERRY TREE LANEFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-196621 Feb 2020£115,00010.58%
21 Nov 2014£104,000-5.45%
09 May 2007£110,000109.52%
31 Aug 2001£52,50054.41%
17 Jan 1997£34,000First Sale
23 CHERRY TREE LANEFlat, LeaseholdArea: 60 Sq.mtrAge: 1930-194903 May 2019£112,000First Sale
36 CHERRY TREE LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-196604 Dec 2018£111,000First Sale
60 CHERRY TREE LANETerraced, LeaseholdArea: 73.35 Sq.mtrAge: 1967-197501 Jun 2018£104,00026.83%
18 Jun 2010£82,000First Sale
32 CHERRY TREE LANEFlat, LeaseholdArea: 60.4 Sq.mtrAge: 1950-196630 Mar 2015£99,95026.52%
17 Feb 2012£79,000First Sale
27 CHERRY TREE LANESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-197524 Jun 2014£124,995First Sale
13 CHERRY TREE LANEFlat, Leasehold22 May 2007£97,000First Sale
66 CHERRY TREE LANESemi-Detached, Freehold28 Apr 2006£148,00023.33%
11 Jun 2004£120,000224.32%
08 Oct 2001£37,000First Sale
28 CHERRY TREE LANEFlat, LeaseholdArea: 59.35 Sq.mtrAge: 1950-196620 Apr 2001£42,000First Sale
26 CHERRY TREE LANEDetached, Leasehold10 Jan 2001£45,000First Sale
35 CHERRY TREE LANESemi-Detached, Freehold20 Apr 2000£47,500First Sale

Check out the sold house prices near the WV8 1NW postcode. Properties currently for saleProperties currently for rent

CHERRY TREE LANE, WV8 1NW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV8 1NW 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 WV8 1NW postcode.

  • Terraced
    • The average price is around £136,255 median price is £135,000 Standard Deviation is £57,097 with Total Sold: 413
    • The Last 5 Year average price is £195,823 with Total Sold: 88
    • The most recent sale happened at this postcode is , 19 CROMPTON COURT: £185,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 49 WESLEY ROAD: £50,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £133,823 median price is £129,950 Standard Deviation is £67,477 with Total Sold: 715
    • The Last 5 Year average price is £220,473 with Total Sold: 112
    • The most recent sale happened at this postcode is , 24 RINGHILLS ROAD: £253,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 58 DOWNIE ROAD: £56,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £172,403 median price is £150,000 Standard Deviation is £159,272 with Total Sold: 13
    • The Last 5 Year average price is £144,929 with Total Sold: 7
    • The most recent sale happened at this postcode is , 8 BILBROOK ROAD: £290,000 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , 15 BILBROOK ROAD: £233,000 (Sold on 21 Jun 2017)
  • Detached
    • The average price is around £221,844 median price is £220,000 Standard Deviation is £106,909 with Total Sold: 321
    • The Last 5 Year average price is £337,510 with Total Sold: 53
    • The most recent sale happened at this postcode is , 7 COTTAGE VIEW: £475,000 (Sold on 10 Jun 2024)
    • The first recorded sale happened at this postcode is , 20 PRIMROSE GARDENS: £122,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £295,382 median price is £106,250 Standard Deviation is £1,800,701 with Total Sold: 220
    • The Last 5 Year average price is £764,793 with Total Sold: 64
    • The most recent sale happened at this postcode is , 34 BRINDLEY GARDENS: £199,950 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is FLAT 10, BILBROOK COURT BILBROOK ROAD: £28,500 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,708 £2,376 12
2023£208,745 £2,780 10
2022£197,439 £2,703 9
2021£199,569 £2,553 21
2020£190,103 £2,438 18
2019£179,261 £2,232 18
2018£148,578 £1,917 16
2017£160,892 £1,972 16
2016£152,814 £1,961 28
2015£162,926 £2,034 17
2014£127,767 £1,615 15
2013£140,089 £1,776 14
2012£144,361 £1,796 18
2011£121,960 £1,874 10
2010£129,425 £1,875 14
2009£131,571 £1,802 7
2008£152,545 £2,058 11
2007£149,772 £1,721 20
2006£139,068 £1,753 14
2005£142,485 £1,680 10
2004£127,521 £1,442 14
2003£103,788 £1,348 12
2002£80,883 £1,254 9
2001£66,885 £1,065 20
2000£68,612 £970 25
1999£68,543 £923 7
1998£46,600 £493 5
1997£44,485 £577 10
1996£46,958 £546 6
1995£45,071 £753 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£266,5569
2023£260,188 £3,219 13
2022£248,059 £3,302 17
2021£209,808 £2,592 26
2020£224,322 £2,769 16
2019£182,270 £2,305 31
2018£181,223 £2,257 30
2017£166,015 £2,036 27
2016£179,556 £2,182 25
2015£164,362 £2,057 25
2014£134,375 £1,878 20
2013£150,500 £1,901 15
2012£160,281 £1,828 16
2011£138,203 £1,823 16
2010£139,682 £1,841 11
2009£146,182 £1,679 19
2008£156,823 £1,776 13
2007£161,152 £1,938 22
2006£149,163 £1,917 34
2005£150,864 £1,829 25
2004£143,161 £1,750 36
2003£115,385 £1,604 25
2002£93,052 £1,193 28
2001£78,652 £1,067 33
2000£69,447 £991 33
1999£62,462 £732 30
1998£60,409 £755 33
1997£56,239 £665 24
1996£52,591 £693 34
1995£50,864 £627 29
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,0001
2023£121,167 £1,929 3
2022£260,000 £3,333 1
2020£1,0001
2019£100,0001
2018£244,121 £6,032 4
2017£125,125 £3,758 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£436,9926
2023£366,000 £3,134 5
2022£358,750 £3,713 4
2021£342,717 £3,338 16
2020£251,106 £2,658 9
2019£327,514 £2,645 13
2018£281,308 £2,733 13
2017£293,857 £2,456 14
2016£284,417 £2,287 6
2015£229,364 £2,166 11
2014£273,522 £2,276 9
2013£248,989 £2,047 9
2012£222,401 £2,110 12
2011£239,250 £2,363 4
2010£271,173 £2,255 11
2009£238,750 £1,741 4
2008£235,000 £1,976 2
2007£277,454 £2,079 12
2006£224,796 £2,203 13
2005£245,582 £2,332 11
2004£210,656 £1,824 18
2003£210,821 £1,595 14
2002£181,064 £1,487 25
2001£118,422 £1,041 14
2000£128,779 £1,178 10
1999£117,821 £928 7
1998£88,167 £806 12
1997£91,744 £815 8
1996£96,816 £789 19
1995£96,200 £799 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,317 £3,158 3
2023£146,994 £2,417 9
2022£165,088 £2,344 13
2021£162,275 £2,418 14
2020£195,975 £2,658 6
2019£2,187,265 £27,122 19
2018£172,401 £2,495 49
2017£93,494 £1,686 8
2016£88,250 £1,578 3
2015£96,408 £1,573 6
2014£104,000 £1,625 1
2013£80,333 £1,546 3
2012£81,290 £1,585 5
2011£86,667 £1,729 3
2010£75,000 £1,238 1
2009£75,000 £1,293 1
2008£99,750 £1,768 4
2007£96,050 £2,062 9
2006£102,000 £1,882 4
2005£85,167 £1,670 6
2004£78,064 £1,551 7
2003£63,640 £1,117 9
2002£59,125 £1,348 4
2001£48,875 £900 4
2000£48,807 £943 7
1999£36,325 £786 6
1998£34,993 £607 7
1997£33,179 £655 7
1996£33,250 £582 2

House Type in WV8 1NW area

The most common house types in the WV8 1NW postcode area are Semi-detached (80), Flat (21), and Terraced (15).

Total118
Semi-detached80
Flat21
Terraced15
Detached2
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 (47), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright47
Owned: Owns with a mortgage or loan32
Social rented: Other social rented26
Private rented: Private landlord or letting agency6
Shared ownership: Shared ownership3
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WV8 1NW have 1 person in household (43), and 2 people in household (34).

1 person in household43
2 people in household34
3 people in household20
4 people in household14
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0