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Aldridge House Prices Aldridge House Prices

The average house price in Aldridge is £303,109 using HM Land Registry data.

The average property price increased by £29,669 (11.83%) over the last 5 years and increased by £5,929 (2.16%) over the last 12 months.

Over the last year, there were 200 residential property sales – a decrease of 56 transactions (-28.00%) relative to the previous year. The majority of house sales (36) were in the £186,000 - £242,000 range. Then came properties in the £242,000 - £298,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,012 (-3%).

In April 2024, there were 35 new estate agency instructions, 24 agreed home sales and 13 property price reductions.

Neighbouring Areas: Brownhills, Rushall and Shelfield, Streetly

Postcodes Covered: WS9

5-Year Average Property Prices in Aldridge

11.83%

Property prices in Aldridge increased by 11.83% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Aldridge Over the Last Year

2.16%

Property prices in Aldridge increased by 2.16% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Aldridge - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Aldridge

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Aldridge

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Aldridge

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Aldridge since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Aldridge area since 1995.

Recent Property Sales in Aldridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
178 Whetstone Lane, Walsall, West Midlands, WS9 0HF£319,950£300,000-£19,95012 Jul 202316 Feb 2024219 Days
51 Mountford Crescent, Walsall, West Midlands, WS9 8LD£289,000£289,000£0015 Sep 202314 Feb 2024152 Days
22 Druids Avenue, Walsall, West Midlands, WS9 8LA£300,000£300,000£0029 Sep 202306 Feb 2024130 Days
99 The Briars, Aldridge, Walsall, West Midlands, WS9 8AQ£165,000£160,000-£5,00031 May 202319 Jan 2024233 Days
29 Woodside Way, Walsall, West Midlands, WS9 0HY£320,000£318,000-£2,00029 Aug 202308 Jan 2024132 Days
Flat 34, Croxall Court, Leighswood Road, Walsall, West Midlands, WS9 8AB£172,500£165,000-£7,50019 May 202304 Jan 2024230 Days
14 Dartmouth Drive, Walsall, West Midlands, WS9 0JP£370,000£358,250-£11,75004 May 202321 Dec 2023231 Days
51 Hallcroft Way, Walsall, West Midlands, WS9 8UN£360,000£347,000-£13,00005 Aug 202319 Dec 2023136 Days
37 Clifton Avenue, Aldridge, Walsall, West Midlands, WS9 8LG£350,000£325,000-£25,00020 Apr 202315 Dec 2023239 Days
22 The Briars, Aldridge, Walsall, West Midlands, WS9 8AR£160,000£160,000£0024 May 202315 Dec 2023205 Days
1 Woodside Way, Walsall, West Midlands, WS9 0HY£375,000£365,000-£10,00031 Jul 202311 Dec 2023133 Days
41 Wellfield Road, Walsall, West Midlands, WS9 8JD£330,000£315,000-£15,00012 Jul 202308 Dec 2023149 Days
31 Cliveden Avenue, Walsall, West Midlands, WS9 8HG£340,000£338,000-£2,00005 Jun 202301 Dec 2023179 Days
Flat 19, Portland Court, Portland Road, Walsall, West Midlands, WS9 8PG£160,000£156,000-£4,00031 May 202330 Nov 2023183 Days
4 Whitehouse Way, Walsall, West Midlands, WS9 0BB£280,000£280,000£0009 Oct 202329 Nov 202351 Days
46 Gretton Crescent, Walsall, West Midlands, WS9 0DY£240,000£240,000£0020 Apr 202328 Nov 2023222 Days
18 Kinver Crescent, Walsall, West Midlands, WS9 8LP£300,000£285,500-£14,50017 May 202323 Nov 2023190 Days
16 Cranleigh Close, Walsall, West Midlands, WS9 0RW£280,000£270,000-£10,00013 Apr 202322 Nov 2023223 Days
7 Nursery Avenue, Walsall, West Midlands, WS9 0HT£285,000£265,000-£20,00031 May 202317 Nov 2023170 Days
10 Twyford Close, Aldridge, Walsall, West Midlands, WS9 0SN£195,000£195,000£0024 Jun 202303 Nov 2023132 Days

Most Expensive Streets in Aldridge

PostcodeStreetAreaAverageNo. of Sales
WS9 0NWChaseley DriveWalsall£790,0007
WS9 0TALongwood RoadWalsall£613,1416
WS9 0TGKnights HillWalsall£578,7717
WS9 8AHLeighswood RoadWalsall£537,6005
WS9 0QFBosty LaneWalsall£510,0003
WS9 0RTErdington RoadWalsall£504,3336
WS9 0NPLittle Aston RoadWalsall£501,6663
WS9 8NYThe GranaryAldridge£498,3333
WS9 8JZStonnall RoadWalsall£485,8005
WS9 8LSPavillion CloseAldridge£483,3005

Least Expensive Streets in Aldridge

PostcodeStreetAreaAverageNo. of Sales
WS9 8QBNorthgateAldridge£96,63333
WS9 8AFNorthgateAldridge£106,6878
WS9 0DWHigh Ridge CloseAldridge£116,2504
WS9 8UTLeighswood CourtLeighswood Road£117,76510
WS9 0DXBonner GroveWalsall£124,7526
WS9 8SYBrickyard CourtBrickyard Road£131,37416
WS9 8ABCroxall CourtLeighswood Road£131,87116
WS9 8PGPortland CourtPortland Road£140,00013
WS9 0AZParkhouse GroveAldridge£142,65010
WS9 8PEAsh CourtNoddy Park Road£146,0003

Explore Aldridge and Neighbouring Area House Prices

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