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 Codsall

Codsall House Prices Codsall House Prices

The average house price in Codsall is £294,000 using HM Land Registry data.

The average property price increased by £37,108 (13.13%) over the last 5 years and increased by £7,417 (2.38%) over the last 12 months.

Over the last year, there were 133 residential property sales – a decrease of 65 transactions (-48.87%) relative to the previous year. The majority of house sales (38) were in the £226,000 - £292,000 range. Then came properties in the £292,000 - £358,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,727 (-3%).

In April 2024, there were 29 new estate agency instructions, 18 agreed home sales and 10 property price reductions.

Postcodes Covered: WV8

5-Year Average Property Prices in Codsall

13.13%

Property prices in Codsall increased by 13.13% 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 Codsall Over the Last Year

2.38%

Property prices in Codsall increased by 2.38% 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 Codsall - 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 Codsall

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 Codsall

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 Codsall

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 Codsall since 1995

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

Recent Property Sales in Codsall

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 Crompton Court, Codsall, Wolverhampton, Staffordshire, WV8 1GE£172,500£165,000-£7,50010 Jul 202305 Mar 2024239 Days
15 Meadow Vale, Codsall, Wolverhampton, Staffordshire, WV8 2LB£440,000£425,000-£15,00012 Jun 202301 Dec 2023172 Days
31 Church Road, Codsall, Wolverhampton, Staffordshire, WV8 1EA£625,000£612,500-£12,50024 Nov 202228 Nov 2023369 Days
6 Roseville Gardens, Codsall, Wolverhampton, Staffordshire, WV8 1AZ£249,995£245,000-£4,99515 Jun 202310 Nov 2023148 Days
30 Dam Mill Close, Codsall, Wolverhampton, Staffordshire, WV8 1TZ£165,000£164,000-£1,00017 Aug 202310 Nov 202385 Days
24 Dam Mill Close, Codsall, Wolverhampton, Staffordshire, WV8 1TZ£170,000£160,000-£10,00012 Oct 202330 Oct 202318 Days
6 Cranley Drive, Codsall, Wolverhampton, Staffordshire, WV8 1AS£295,000£281,000-£14,00014 Apr 202327 Oct 2023196 Days
52 Cherry Tree Lane, Codsall, Wolverhampton, Staffordshire, WV8 1NW£130,000£105,000-£25,00024 Jan 202327 Oct 2023276 Days
18 Long Acre, Codsall, Wolverhampton, Staffordshire, WV8 2EG£425,000£412,500-£12,50006 Apr 202320 Oct 2023197 Days
39 Ravenhill Drive, Codsall, Wolverhampton, Staffordshire, WV8 1BL£309,950£308,000-£1,95003 Feb 202309 Oct 2023248 Days
137 Birches Road, Codsall, Wolverhampton, Staffordshire, WV8 2JW£229,950£223,500-£6,45001 Feb 202303 Oct 2023244 Days
80 Ravenhill Drive, Codsall, Wolverhampton, Staffordshire, WV8 1BL£235,000£232,500-£2,50002 Jun 202302 Oct 2023122 Days
10 Madeira Avenue, Codsall, Wolverhampton, Staffordshire, WV8 2DS£315,000£290,000-£25,00022 Mar 202329 Sep 2023191 Days
42 Moatbrook Avenue, Codsall, Wolverhampton, Staffordshire, WV8 1DH£299,995£293,000-£6,99501 Feb 202319 Sep 2023230 Days
10 Lime Tree Gardens, Codsall, Wolverhampton, Staffordshire, WV8 1NR£215,000£212,000-£3,00004 Jul 202312 Sep 202370 Days
20 Chadwell Gardens, Codsall, Wolverhampton, Staffordshire, WV8 1AF£285,000£275,000-£10,00016 Feb 202301 Sep 2023197 Days
37 Stretton Gardens, Codsall, Wolverhampton, Staffordshire, WV8 1AL£290,000£285,000-£5,00018 Feb 202329 Aug 2023192 Days
32 Lansdowne Avenue, Codsall, Wolverhampton, Staffordshire, WV8 2EN£795,000£795,000£0007 Dec 202225 Aug 2023261 Days
7 Long Acre, Codsall, Wolverhampton, Staffordshire, WV8 2EG£445,000£440,000-£5,00027 Mar 202304 Aug 2023130 Days
6 Chestnut Close, Codsall, Wolverhampton, Staffordshire, WV8 2EZ£360,000£355,000-£5,00024 Feb 202304 Aug 2023161 Days

Most Expensive Streets in Codsall

PostcodeStreetAreaAverageNo. of Sales
WV8 2EYHistons HillCodsall£720,0004
WV8 1EHChurch RoadCodsall£651,7504
WV8 2ENLansdowne AvenueCodsall£539,3128
WV8 2BLSuckling Green LaneCodsall£514,1878
WV8 2BTSuckling Green LaneCodsall£496,1005
WV8 1GFOld Farm DriveCodsall£495,8086
WV8 2AEFairfield DriveCodsall£495,5836
WV8 2AWOaken LanesCodsall£453,3333
WV8 2DPKeepers LaneCodsall£445,9166
WV8 1GJSpring Meadow CloseWolverhampton£443,3333

Least Expensive Streets in Codsall

PostcodeStreetAreaAverageNo. of Sales
WV8 1BTBilbrook CourtBilbrook Road£108,4916
WV8 1NWCherry Tree LaneCodsall£111,7504
WV8 1HXBrookfield RoadCodsall£133,7504
WV8 1LHBrook GroveCodsall£146,6663
WV8 1GECrompton CourtCodsall£147,52615
WV8 2JULane Green RoadCodsall£155,0003
WV8 1SFWilkes RoadCodsall£157,0005
WV8 1NEOrchard LaneCodsall£157,6124
WV8 1TZDam Mill CloseCodsall£163,8128
WV8 1LLWoodside GroveCodsall£167,0003

Explore Codsall 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