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Perton House Prices Perton House Prices

The average house price in Perton is £220,750 using HM Land Registry data.

The average property price increased by £72,488 (38.03%) over the last 5 years and increased by £14,487 (5.83%) over the last 12 months.

Over the last year, there were 79 residential property sales – a decrease of 60 transactions (-75.95%) relative to the previous year. The majority of house sales (24) were in the £216,000 - £264,000 range. Then came properties in the £168,000 - £216,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion).

In April 2024, there were 15 new estate agency instructions, 11 agreed home sales and 12 property price reductions.

Neighbouring Areas: Wolverhampton

Postcodes Covered: WV6

5-Year Average Property Prices in Perton

38.03%

Property prices in Perton increased by 38.03% 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 Perton Over the Last Year

5.83%

Property prices in Perton increased by 5.83% 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 Perton - 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 Perton

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 Perton

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 Perton

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 Perton since 1995

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

Recent Property Sales in Perton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Gainsborough Drive, Wolverhampton, Staffordshire, WV6 7NR£140,000£130,000-£10,00025 Oct 202313 Feb 2024111 Days
8 Penda Grove, Perton, Wolverhampton, Staffordshire, WV6 7NW£268,000£253,000-£15,00028 Jul 202320 Dec 2023145 Days
4 Livingstone Avenue, Perton, Wolverhampton, Staffordshire, WV6 7TF£195,000£188,500-£6,50026 Aug 202320 Dec 2023116 Days
4 Meadow Croft, Perton, Wolverhampton, Staffordshire, WV6 7XY£320,000£317,500-£2,50003 Aug 202327 Nov 2023116 Days
12 Repton Avenue, Wolverhampton, Staffordshire, WV6 7TD£335,000£330,000-£5,00004 Jul 202308 Nov 2023127 Days
43 Oatlands Way, Perton, Wolverhampton, Staffordshire, WV6 7XW£277,000£260,000-£17,00026 Jun 202307 Nov 2023134 Days
8 Tangmere Close, Wolverhampton, Staffordshire, WV6 7LS£158,000£155,000-£3,00013 Jul 202331 Oct 2023110 Days
33 Canterbury Drive, Perton, Wolverhampton, Staffordshire, WV6 7XB£94,999£93,000-£1,99922 May 202327 Oct 2023158 Days
10 Edward Road, Perton, Wolverhampton, Staffordshire, WV6 7NA£235,000£230,000-£5,00012 Jul 202326 Oct 2023106 Days
51 Melrose Drive, Wolverhampton, Staffordshire, WV6 7XH£250,000£250,000£0008 Jun 202323 Oct 2023137 Days
34 Bader Road, Wolverhampton, Staffordshire, WV6 7UY£75,000£75,000£0015 Jun 202313 Oct 2023120 Days
6 Rowton Avenue, Wolverhampton, Staffordshire, WV6 7SR£210,000£206,000-£4,00005 Jun 202310 Oct 2023127 Days
27 Browning Grove, Perton, Wolverhampton, Staffordshire, WV6 7QA£180,000£180,000£0014 Apr 202305 Oct 2023174 Days
15 Bowen Cooke Avenue, Perton, Wolverhampton, Staffordshire, WV6 7YG£210,000£210,000£0018 Jul 202329 Sep 202373 Days
46 Gleneagles Road, Perton, Wolverhampton, Staffordshire, WV6 7YN£185,000£175,000-£10,00016 Jun 202327 Sep 2023103 Days
4 Reynolds Grove, Wolverhampton, Staffordshire, WV6 7NY£265,000£265,000£0018 Jul 202322 Sep 202366 Days
21 Webb Avenue, Perton, Wolverhampton, Staffordshire, WV6 7YH£260,000£250,000-£10,00003 Jun 202314 Sep 2023103 Days
2 Carisbrooke Road, Perton, Wolverhampton, Staffordshire, WV6 7UU£355,000£345,000-£10,00014 Apr 202314 Sep 2023153 Days
7 Hawksmoor Drive, Perton, Wolverhampton, Staffordshire, WV6 7TL£325,000£322,500-£2,50015 May 202313 Sep 2023121 Days
25 Sutherland Grove, Perton, Wolverhampton, Staffordshire, WV6 7PA£290,000£287,000-£3,00028 Mar 202325 Aug 2023150 Days

Most Expensive Streets in Perton

PostcodeStreetAreaAverageNo. of Sales
WV6 7YYLytham RoadPerton£390,3005
WV6 7RDWentworth GrovePerton£380,0008
WV6 7RETurnberry CloseWolverhampton£359,8663
WV6 7ULGoodrich AvenuePerton£344,9833
WV6 7XYMeadow CroftPerton£330,6254
WV6 7TDRepton AvenueWolverhampton£327,3333
WV6 7SXRoundway DownWolverhampton£327,1663
WV6 7TPWykeham GroveWolverhampton£327,1663
WV6 7YSHoylake RoadPerton£320,2504
WV6 7RUDunster GroveWolverhampton£319,0836

Least Expensive Streets in Perton

PostcodeStreetAreaAverageNo. of Sales
WV6 7XTElgin CourtWolverhampton£62,1995
WV6 7THDarwin CourtWolverhampton£81,0003
WV6 7XRJedburgh AvenueWolverhampton£95,1666
WV6 7UYBader RoadWolverhampton£95,5559
WV6 7TGStanley CourtPerton£120,0003
WV6 7YFDean CourtPerton£126,8333
WV6 7XQMelrose DriveWolverhampton£129,6119
WV6 7XEWorcester GrovePerton£139,9005
WV6 7XBCanterbury DrivePerton£144,0006
WV6 7LSTangmere CloseWolverhampton£145,8754

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