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Brownhills House Prices Brownhills House Prices

The average house price in Brownhills is £211,428 using HM Land Registry data.

The average property price increased by £61,925 (36.32%) over the last 5 years and increased by £12,376 (5.62%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 68 transactions (-38.64%) relative to the previous year. The majority of house sales (40) were in the £156,000 - £192,000 range. Then came properties in the £192,000 - £228,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 104 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,718 (-2%).

In April 2024, there were 36 new estate agency instructions, 25 agreed home sales and 27 property price reductions.

Neighbouring Areas: Aldridge

Postcodes Covered: WS8, WS9

5-Year Average Property Prices in Brownhills

36.32%

Property prices in Brownhills increased by 36.32% 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 Brownhills Over the Last Year

5.62%

Property prices in Brownhills increased by 5.62% 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 Brownhills - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Brownhills

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 Brownhills

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 Brownhills

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 Brownhills since 1995

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

Recent Property Sales in Brownhills

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
62 Seeds Lane, Walsall, West Midlands, WS8 6HU£400,000£395,000-£5,00006 Sep 202302 Feb 2024149 Days
174 Watling Street, Brownhills, Walsall, West Midlands, WS8 7LU£235,000£231,000-£4,00006 Nov 202302 Feb 202488 Days
1 Lapwing Close, Brownhills, Walsall, West Midlands, WS8 6HB£129,950£125,000-£4,95027 Jan 202318 Dec 2023325 Days
7 Gwendoline Way, Walsall Wood, Walsall, West Midlands, WS9 9RG£350,000£343,000-£7,00015 Aug 202330 Nov 2023107 Days
2 Warren Place, Walsall, West Midlands, WS8 6BY£220,000£215,000-£5,00017 Aug 202324 Nov 202399 Days
96 Salters Road, Walsall, West Midlands, WS9 9JB£240,000£237,000-£3,00024 Jul 202324 Nov 2023123 Days
51 Lichfield Road, Brownhills, Walsall, West Midlands, WS8 6HR£300,000£250,000-£50,00026 Dec 202213 Nov 2023322 Days
41 Knaves Castle Avenue, Walsall, West Midlands, WS8 7PN£239,000£236,750-£2,25001 Jul 202303 Nov 2023125 Days
101 Catshill Road, Walsall, West Midlands, WS8 6BN£199,950£192,000-£7,95008 Aug 202327 Oct 202380 Days
63 Shire Ridge, Walsall Wood, Walsall, West Midlands, WS9 9RA£430,000£410,000-£20,00018 Apr 202327 Oct 2023192 Days
111 Catshill Road, Walsall, West Midlands, WS8 6BN£190,000£172,000-£18,00002 Jun 202306 Oct 2023126 Days
44 Blithfield Road, Walsall, West Midlands, WS8 7NH£275,000£268,000-£7,00020 Jul 202306 Oct 202378 Days
9 Boundary Road, Walsall Wood, Walsall, West Midlands, WS9 9QZ£250,000£248,500-£1,50023 Aug 202303 Oct 202341 Days
19 Collins Road, Walsall, West Midlands, WS8 7AW£280,000£277,000-£3,00005 May 202329 Sep 2023147 Days
19 Lapwing Close, Brownhills, Walsall, West Midlands, WS8 6HB£125,000£118,000-£7,00016 Feb 202329 Sep 2023225 Days
16 Anglesey Road, Walsall, West Midlands, WS8 7NU£220,000£200,000-£20,00021 Sep 202229 Sep 2023373 Days
30 Paterson Place, Walsall, West Midlands, WS8 6DR£159,950£150,000-£9,95019 Jun 202315 Sep 202388 Days
69 Beechtree Road, Walsall, West Midlands, WS9 9LS£245,000£238,000-£7,00015 Mar 202315 Sep 2023184 Days
1a, Friezland Lane, Walsall, West Midlands, WS8 7AA£270,000£268,000-£2,00017 Apr 202314 Sep 2023150 Days
130 Hednesford Road, Walsall, West Midlands, WS8 7LZ£187,000£183,000-£4,00011 May 202308 Sep 2023120 Days

Most Expensive Streets in Brownhills

PostcodeStreetAreaAverageNo. of Sales
WS9 9EUBluebell RoadWalsall Wood£452,5004
WS9 9ERHigh Land RoadWalsall Wood£440,1905
WS9 9PELichfield RoadSandhills£397,7147
WS8 7JPChester Road NorthBrownhills£390,0003
WS9 9RAShire RidgeWalsall Wood£366,2504
WS9 9RQBlackberry LaneWalsall Wood£351,6663
WS9 9RGGwendoline WayWalsall Wood£345,2005
WS8 6DBBulrush CloseBrownhills£340,9374
WS9 9NABrook LaneWalsall Wood£318,3336
WS9 9PFLichfield RoadSandhills£318,18813

Least Expensive Streets in Brownhills

PostcodeStreetAreaAverageNo. of Sales
WS9 9NTLichfield RoadWalsall Wood£89,8333
WS8 7ABHillside CloseWalsall£96,9287
WS8 6DJKnaves CourtHigh Street, Brownhills£98,62010
WS9 9ADCoppice RoadWalsall Wood£108,0119
WS8 6FDSwanside CourtLindon Close£118,8758
WS8 6HBLapwing CloseBrownhills£120,85010
WS8 7DEPauls CoppiceWalsall£121,3005
WS9 9AEBinary MewsWalsall Wood£124,6669
WS9 9PJWyre CloseWalsall£125,8336
WS8 6BWFullelove RoadWalsall£126,4005

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