Housing Market Analysis for INNOVATION DRIVE, WV9 5GA

Are you looking to understand WV9 5GA 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 WV9 5GA area, explore the WV9 5GA Area information page.
For comprehensive crime statistics in the WV9 5GA area, explore the WV9 5GA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV9 5GA postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,442,503 median price is £1,442,503 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,442,503 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT C INNOVATION DRIVE: £1,442,503 (Sold on 11 Sep 2020)
    • The first recorded sale happened at this postcode is UNIT C INNOVATION DRIVE: £1,442,503 (Sold on 11 Sep 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average WV9 5GA 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,442,5031

All the Sales in the INNOVATION DRIVE, WV9 5GA

See the table below for more details on the sold house prices in the WV9 5GA, South Staffordshire postcode.

AddressSold DatePrice% Change
UNIT C INNOVATION DRIVEOther, Freehold11 Sep 2020£1,442,503First Sale

Check out the sold house prices near the WV9 5GA postcode. Properties currently for saleProperties currently for rent

INNOVATION DRIVE, WV9 5GA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV9 5GA 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 WV9 5GA postcode.

  • Other
    • The average price is around £2,482,776 median price is £1,621,252 Standard Deviation is £1,755,483 with Total Sold: 4
    • The Last 5 Year average price is £1,442,503 with Total Sold: 1
    • The most recent sale happened at this postcode is , UNIT C INNOVATION DRIVE: £1,442,503 (Sold on 11 Sep 2020)
    • The first recorded sale happened at this postcode is , UNIT G3 VALIANT WAY: £1,188,600 (Sold on 23 Dec 2014)
  • Flat
    • The average price is around £73,724 median price is £73,750 Standard Deviation is £10,419 with Total Sold: 10
    • The most recent sale happened at this postcode is , 5 REDHURST DRIVE: £90,000 (Sold on 07 Sep 2018)
    • The first recorded sale happened at this postcode is , 1A REDHURST DRIVE: £59,995 (Sold on 26 Sep 2003)
  • Terraced
    • The average price is around £57,250 median price is £55,000 Standard Deviation is £19,201 with Total Sold: 4
    • The most recent sale happened at this postcode is , 37A REDHURST DRIVE: £60,000 (Sold on 18 Jul 2018)
    • The first recorded sale happened at this postcode is , 5 REDHURST DRIVE: £33,000 (Sold on 30 Nov 1998)
  • Semi-Detached
    • The average price is around £102,312 median price is £107,500 Standard Deviation is £20,458 with Total Sold: 4
    • The most recent sale happened at this postcode is , 53 REDHURST DRIVE: £105,000 (Sold on 24 Mar 2017)
    • The first recorded sale happened at this postcode is , 49 REDHURST DRIVE: £69,250 (Sold on 06 Sep 2002)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,442,5031
2017£5,500,0001
2016£1,800,0001
2014£1,188,6001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£90,000 £1,564 1
2015£71,000 £1,164 1
2014£83,000 £1,361 1
2013£75,000 £1,230 1
2012£72,5001
2011£67,000 £1,098 1
2010£72,915 £1,178 3
2003£59,995 £984 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£60,000 £1,224 1
2013£50,000 £1,020 1
2009£86,000 £1,052 1
1998£33,000 £573 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£105,000 £1,419 1
2007£125,0001
2005£110,0001
2002£69,2501

House Type in WV9 5GA area

The most common house types in the WV9 5GA postcode area are temporary structure (45), Detached (11), and Semi-detached (7).

Total65
temporary structure45
Detached11
Semi-detached7
Terraced1
Flat1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (2).

Owned: Owns outright61
Owned: Owns with a mortgage or loan2
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Private landlord or letting agency0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the WV9 5GA have 2 people in household (31), and 1 person in household (30).

2 people in household31
1 person in household30
3 people in household3
4 people in household1
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0