FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Burntwood

Burntwood House Prices Burntwood House Prices

The average house price in Burntwood is £256,018 using HM Land Registry data.

The average property price increased by £66,799 (31.55%) over the last 5 years and increased by £13,351 (5.03%) over the last 12 months.

Over the last year, there were 250 residential property sales – a decrease of 186 transactions (-74.40%) relative to the previous year. The majority of house sales (57) were in the £188,000 - £236,000 range. Then came properties in the £236,000 - £284,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,006 (-3%).

In April 2024, there were 63 new estate agency instructions, 43 agreed home sales and 29 property price reductions.

Postcodes Covered: WS7

5-Year Average Property Prices in Burntwood

31.55%

Property prices in Burntwood increased by 31.55% 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 Burntwood Over the Last Year

5.03%

Property prices in Burntwood increased by 5.03% 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 Burntwood - 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 Burntwood

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 Burntwood

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 Burntwood

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 Burntwood since 1995

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

Recent Property Sales in Burntwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Severn Drive, Burntwood, Staffordshire, WS7 9JE£480,000£477,500-£2,50027 Apr 202315 Mar 2024323 Days
62 Queen Street, Burntwood, Staffordshire, WS7 4QH£185,000£172,500-£12,50023 Oct 202312 Mar 2024141 Days
17 Highfield Avenue, Burntwood, Staffordshire, WS7 9AW£280,000£280,000£0018 Oct 202323 Feb 2024128 Days
25 Linden Avenue, Chase Terrace, Burntwood, Staffordshire, WS7 2AX£220,000£207,775-£12,22515 Nov 202320 Feb 202497 Days
20 Tame Avenue, Burntwood, Staffordshire, WS7 9JQ£295,000£280,000-£15,00021 Feb 202309 Feb 2024353 Days
12 Ashmole Avenue, Burntwood, Staffordshire, WS7 9QG£520,000£520,000£0023 Aug 202319 Jan 2024149 Days
5 Nailers Drive, Burntwood, Staffordshire, WS7 0ES£200,000£189,000-£11,00001 Sep 202312 Jan 2024133 Days
19 Hill Lane, Burntwood, Staffordshire, WS7 1LS£210,000£200,000-£10,00026 Sep 202321 Dec 202386 Days
26 St Pauls Road, Burntwood, Staffordshire, WS7 0DG£260,000£255,000-£5,00001 Aug 202319 Dec 2023140 Days
21 Bridge Cross Road, Burntwood, Staffordshire, WS7 2BU£300,000£295,000-£5,00013 Jul 202319 Dec 2023159 Days
3 Stapleford Gardens, Burntwood, Staffordshire, WS7 0EU£240,000£240,000£0015 Sep 202318 Dec 202394 Days
3 Maple Close, Burntwood, Staffordshire, WS7 4RP£220,000£195,000-£25,00027 Sep 202315 Dec 202379 Days
30 New Street, Chasetown, Burntwood, Staffordshire, WS7 3XY£185,000£185,000£0023 Jul 202313 Dec 2023143 Days
48 Railway Lane, Burntwood, Staffordshire, WS7 1LT£290,000£282,220-£7,78017 May 202313 Dec 2023210 Days
50 Nightingale Walk, Burntwood, Staffordshire, WS7 9QH£525,000£500,000-£25,00031 Aug 202301 Dec 202392 Days
70 Holly Grove Lane, Burntwood, Staffordshire, WS7 1QA£210,000£200,000-£10,00004 Sep 202330 Nov 202387 Days
2 Summerfield Road, Burntwood, Staffordshire, WS7 4UA£230,000£218,000-£12,00024 May 202330 Nov 2023190 Days
20 Princess Street, Burntwood, Staffordshire, WS7 1JW£320,000£310,000-£10,00005 May 202328 Nov 2023207 Days
9 Woodland Way, Burntwood, Staffordshire, WS7 4UP£180,000£180,000£0007 Sep 202324 Nov 202378 Days
41 New Street, Chasetown, Burntwood, Staffordshire, WS7 3XY£145,000£145,000£0030 Jun 202324 Nov 2023147 Days

Most Expensive Streets in Burntwood

PostcodeStreetAreaAverageNo. of Sales
WS7 9EDFallow DriveBurntwood£757,8128
WS7 9DQRake HillBurntwood£570,0003
WS7 9DLOgley ValeBurntwood£570,0003
WS7 9BWRugeley RoadBurntwood£551,6663
WS7 9AUBramble LaneBurntwood£507,0003
WS7 9LBTrevithick CloseBurntwood£478,0005
WS7 9EJWoodhouses RoadBurntwood£477,8333
WS7 9QHNightingale WalkBurntwood£464,4449
WS7 9QGAshmole AvenueBurntwood£462,4998
WS7 9QQCavell RoadBurntwood£444,8754

Least Expensive Streets in Burntwood

PostcodeStreetAreaAverageNo. of Sales
WS7 4YTEdwards CourtEdwards Road£94,9905
WS7 4RXCedar CloseBurntwood£104,6663
WS7 1JJEastgate StreetBurntwood£113,7504
WS7 4UTKeepers CloseBurntwood£118,6005
WS7 2EYLongfellow RoadBurntwood£121,5717
WS7 3UYSilverdale DriveBurntwood£122,5004
WS7 1JHPrincess StreetBurntwood£131,0003
WS7 9ASMorley RoadBurntwood£131,5003
WS7 9QWOsprey CourtSelwyn Road£134,3333
WS7 4UFNewgate StreetChasetown£142,00010

Explore Burntwood and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Staffordshire
Property Auctions Staffordshire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark