Housing Market Analysis for FAVERSHAM CLOSE, WV8 1YN

Are you looking to understand WV8 1YN 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 Wolverhampton postcode.

For the location information and nearby amenities in the WV8 1YN area, explore the WV8 1YN Area information page.
For comprehensive crime statistics in the WV8 1YN area, explore the WV8 1YN Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £76,916 median price is £72,500 Standard Deviation is £32,428 with Total Sold: 6
    • The Last 5 Year average price is £135,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 FAVERSHAM CLOSE: £135,000 (Sold on 05 Oct 2020)
    • The first recorded sale happened at this postcode is 14 FAVERSHAM CLOSE: £33,500 (Sold on 02 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average WV8 1YN 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
2020£135,000 £1,646 1
2017£95,000 £1,203 1
2014£80,000 £1,013 1
2012£65,000 £823 1
2002£52,995 £679 1
1996£33,500 £429 1

All the Sales in the FAVERSHAM CLOSE, WV8 1YN

See the table below for more details on the sold house prices in the WV8 1YN, Wolverhampton postcode.

AddressSold DatePrice% Change
11 FAVERSHAM CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1983-199005 Oct 2020£135,000First Sale
12 FAVERSHAM CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1983-199021 Sep 2017£95,00018.75%
16 Dec 2014£80,000First Sale
15 FAVERSHAM CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-197513 Nov 2012£65,000First Sale
14 FAVERSHAM CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1983-199019 Jul 2002£52,99558.19%
02 Aug 1996£33,500First Sale

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

FAVERSHAM CLOSE, WV8 1YN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £185,648 median price is £175,000 Standard Deviation is £97,111 with Total Sold: 67
    • The Last 5 Year average price is £310,655 with Total Sold: 11
    • The most recent sale happened at this postcode is , 66 CONISTON ROAD: £418,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 CONISTON ROAD: £58,000 (Sold on 04 Aug 1995)
  • Semi-Detached
    • The average price is around £131,175 median price is £133,000 Standard Deviation is £61,886 with Total Sold: 613
    • The Last 5 Year average price is £219,912 with Total Sold: 103
    • The most recent sale happened at this postcode is , 89 GREEN LANE: £270,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 CONISTON ROAD: £46,500 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £96,791 median price is £91,750 Standard Deviation is £53,112 with Total Sold: 422
    • The Last 5 Year average price is £159,851 with Total Sold: 79
    • The most recent sale happened at this postcode is , 60 CATISFIELD CRESCENT: £175,000 (Sold on 09 Apr 2024)
    • The first recorded sale happened at this postcode is , 19 CORNFIELD: £30,000 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £55,183 median price is £58,250 Standard Deviation is £18,271 with Total Sold: 66
    • The Last 5 Year average price is £73,528 with Total Sold: 9
    • The most recent sale happened at this postcode is , 24 BARDWELL CLOSE: £87,000 (Sold on 03 Aug 2023)
    • The first recorded sale happened at this postcode is , 15 EASTNEY CRESCENT: £19,500 (Sold on 01 Mar 1996)
  • Other
    • The average price is around £308,750 median price is £235,000 Standard Deviation is £170,894 with Total Sold: 4
    • The Last 5 Year average price is £235,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 61 PENDEFORD AVENUE: £220,000 (Sold on 22 Sep 2022)
    • The first recorded sale happened at this postcode is , 65 PENDEFORD AVENUE: £165,000 (Sold on 03 Jun 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£418,0001
2023£343,317 £2,694 3
2021£275,450 £3,322 5
2019£296,000 £2,397 2
2018£304,988 £2,512 4
2017£276,333 £2,731 3
2016£220,750 £2,575 2
2015£217,500 £1,936 2
2014£168,000 £2,154 1
2013£175,000 £2,011 1
2012£193,333 £1,983 3
2011£237,500 £2,320 1
2010£204,000 £2,269 2
2009£192,500 £1,154 2
2007£195,590 £1,260 5
2006£229,975 £2,136 2
2004£112,750 £1,059 2
2003£150,362 £1,748 4
2002£103,500 £917 3
2001£100,667 £1,173 3
2000£89,165 £999 6
1999£84,000 £1,001 3
1998£84,975 £1,100 2
1997£72,475 £895 2
1996£70,000 £569 1
1995£46,500 £278 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,694 £2,292 9
2023£255,000 £2,550 14
2022£214,496 £2,204 14
2021£237,041 £2,552 27
2020£194,969 £2,239 17
2019£188,324 £2,041 22
2018£172,468 £2,018 22
2017£163,226 £1,671 21
2016£156,952 £1,771 23
2015£160,025 £1,790 20
2014£141,548 £1,688 28
2013£133,719 £1,485 18
2012£145,125 £1,663 24
2011£134,323 £1,431 11
2010£116,250 £1,271 10
2009£134,853 £1,430 17
2008£141,483 £1,723 12
2007£153,042 £1,732 24
2006£142,158 £1,394 19
2005£132,658 £1,511 19
2004£120,211 £1,294 36
2003£107,400 £1,076 25
2002£85,269 £856 24
2001£73,855 £819 29
2000£59,365 £638 24
1999£58,711 £521 26
1998£55,255 £500 22
1997£53,158 £620 18
1996£52,439 £572 18
1995£54,007 £532 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,0001
2023£178,232 £2,024 14
2022£186,432 £2,011 22
2021£155,500 £1,734 18
2020£130,708 £1,406 12
2019£124,079 £1,374 12
2018£130,350 £1,391 20
2017£127,111 £1,439 9
2016£94,038 £1,046 13
2015£107,746 £1,268 12
2014£102,833 £1,225 6
2013£108,704 £1,220 23
2012£93,500 £1,001 15
2011£127,786 £1,136 7
2010£89,632 £985 10
2009£102,066 £1,055 4
2008£94,000 £1,354 13
2007£112,933 £1,028 15
2006£105,636 £1,154 22
2005£103,945 £1,073 21
2004£87,571 £859 19
2003£61,312 £672 21
2002£55,327 £680 22
2001£46,610 £518 14
2000£43,668 £486 17
1999£38,957 £637 15
1998£38,960 £329 15
1997£34,844 £381 10
1996£34,228 £386 9
1995£38,250 £364 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£87,000 £1,359 1
2022£92,625 £1,598 2
2020£62,500 £1,080 2
2019£66,125 £1,199 4
2018£62,825 £1,198 6
2017£59,000 £1,090 3
2016£59,625 £1,241 4
2015£70,500 £1,330 1
2014£57,167 £1,045 3
2013£66,000 £1,246 3
2012£50,375 £985 4
2011£47,000 £1,084 2
2010£55,500 £1,039 4
2009£56,250 £769 2
2007£66,800 £1,175 5
2006£55,833 £1,182 3
2005£55,333 £938 3
2004£74,995 £1,829 1
2003£41,285 £707 4
2002£34,000 £646 1
2001£23,062 £403 4
2000£24,500 £401 1
1999£21,000 £396 1
1996£19,250 £295 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£220,0001
2019£250,0001
2017£600,0001
2016£165,0001

House Type in WV8 1YN area

The most common house types in the WV8 1YN postcode area are Flat (69), Terraced (28), and Semi-detached (14).

Total113
Flat69
Terraced28
Semi-detached14
Detached1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (63), and Private rented: Private landlord or letting agency (19).

Social rented: Rents from council or Local Authority63
Private rented: Private landlord or letting agency19
Owned: Owns with a mortgage or loan18
Owned: Owns outright7
Social rented: Other social rented5
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the WV8 1YN have 1 person in household (41), and 2 people in household (36).

1 person in household41
2 people in household36
3 people in household23
4 people in household8
5 people in household4
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0