Rugeley House Prices Rugeley House Prices

The average house price in Rugeley is £209,472 using HM Land Registry data.

The average property price increased by £50,590 (27.85%) over the last 5 years and increased by £10,114 (4.55%) over the last 12 months.

Over the last year, there were 264 residential property sales – a decrease of 102 transactions (-38.64%) relative to the previous year. The majority of house sales (64) were in the £158,000 - £206,000 range. Then came properties in the £206,000 - £254,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,689 (-2%).

In Oct 24, there were 42 new estate agency instructions, 42 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in Rugeley

27.85%

Property prices in Rugeley increased by 27.85% 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 Rugeley Over the Last Year

4.55%

Property prices in Rugeley increased by 4.55% 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 Rugeley - Oct 24

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 Rugeley

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 Rugeley

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 Rugeley

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 Rugeley since 1995

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

Recent Property Sales in Rugeley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Garrick Rise, Brereton, Rugeley, Staffordshire, WS15 1HL£295,000£290,000-£5,00009 Nov 202323 Aug 2024288 Days
56 Hardie Avenue, Rugeley, Staffordshire, WS15 1NT£170,000£170,000£0002 May 202402 Aug 202492 Days
48 St Michaels Road, Brereton, Rugeley, Staffordshire, WS15 1ET£178,000£177,500-£50003 Jun 202431 Jul 202458 Days
5 The Laurels, Brereton, Rugeley, Staffordshire, WS15 1BE£155,000£155,000£0011 Sep 202330 Jul 2024323 Days
13 Hereford Way, Rugeley, Staffordshire, WS15 1GP£399,950£390,000-£9,95009 Apr 202426 Jul 2024108 Days
2 Tithebarn Road, Rugeley, Staffordshire, WS15 2QW£250,000£245,000-£5,00010 Apr 202418 Jun 202469 Days
28 Woodheyes Lawns, Rugeley, Staffordshire, WS15 2TE£245,000£240,000-£5,00026 Mar 202417 Jun 202483 Days
24 Arthur Wood Place, Rugeley, Staffordshire, WS15 2YJ£195,000£190,000-£5,00031 Oct 202314 Jun 2024227 Days
9 Spruce Walk, Rugeley, Staffordshire, WS15 2XP£240,000£220,000-£20,00029 Jan 202431 May 2024123 Days
14 Cross Road, Rugeley, Staffordshire, WS15 2JE£225,000£225,000£0006 Feb 202424 May 2024108 Days
11 Albany Drive, Rugeley, Staffordshire, WS15 2HP£179,950£172,500-£7,45020 Feb 202417 May 202487 Days
86 Old Eaton Road, Rugeley, Staffordshire, WS15 2HA£260,000£256,100-£3,90020 Nov 202316 May 2024178 Days
11 Green Lane, Rugeley, Staffordshire, WS15 2AP£270,000£255,000-£15,00005 Jan 202415 May 2024131 Days
22 Etching Hill Road, Rugeley, Staffordshire, WS15 2LW£299,950£293,000-£6,95009 Nov 202313 May 2024186 Days
22 Market Street, Rugeley, Staffordshire, WS15 2JJ£250,000£245,000-£5,00004 Dec 202310 May 2024158 Days
18 Farm Close, Rugeley, Staffordshire, WS15 2XT£305,000£295,000-£10,00025 Oct 202310 May 2024198 Days
69 Springhill Terrace, Brereton, Rugeley, Staffordshire, WS15 1BT£179,950£179,950£0022 Nov 202310 May 2024170 Days
21 Albany Drive, Rugeley, Staffordshire, WS15 2HP£285,000£279,900-£5,10020 Feb 202429 Apr 202469 Days
38 The Laurels, Brereton, Rugeley, Staffordshire, WS15 1BE£159,995£159,995£0005 Feb 202426 Apr 202481 Days
49 Durham Drive, Rugeley, Staffordshire, WS15 1LD£210,000£201,000-£9,00016 Feb 202426 Apr 202470 Days

Most Expensive Streets in Rugeley

PostcodeStreetAreaAverageNo. of Sales
WS15 2FEHenley GrangeRugeley£634,9984
WS15 2LLStonehouse RoadRugeley£497,5005
WS15 1JTHednesford RoadRugeley£483,7504
WS15 2LGChaseley RoadRugeley£479,5004
WS15 2LSWest Butts RoadRugeley£470,0004
WS15 2LUEast Butts RoadRugeley£428,5005
WS15 2LYPeakes RoadRugeley£417,5004
WS15 2FDHathorn GroveRugeley£393,3313
WS15 2LNChaseley RoadRugeley£388,9287
WS15 1EQPinetreesRugeley£367,0746

Least Expensive Streets in Rugeley

PostcodeStreetAreaAverageNo. of Sales
WS15 2HNAnson MewsRugeley£95,3333
WS15 2JRQueen StreetRugeley£107,3758
WS15 2NRByron PlaceRugeley£110,1234
WS15 1LPLandor CrescentRugeley£115,2504
WS15 2NJGrindcobbe GroveRugeley£115,8005
WS15 2JNBryans LaneRugeley£117,1663
WS15 1BFGlovers Hill CourtBrereton£118,91212
WS15 1GLYork CloseRugeley£119,5717
WS15 1FFHindley ViewRugeley£119,62512
WS15 2DGBow StreetRugeley£119,7005

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