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Rugeley House Prices Rugeley House Prices

The average house price in Rugeley is £309,583 using HM Land Registry data.

The average property price increased by £46,696 (25.65%) over the last 5 years and increased by £9,333 (4.25%) over the last 12 months.

Over the last year, there were 250 residential property sales – a decrease of 118 transactions (-47.20%) relative to the previous year. The majority of house sales (62) were in the £158,000 - £206,000 range. Then came properties in the £206,000 - £254,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,689 (-2%).

In April 2024, there were 44 new estate agency instructions, 36 agreed home sales and 24 property price reductions.

Postcodes Covered: WS15

5-Year Average Property Prices in Rugeley

25.65%

Property prices in Rugeley increased by 25.65% 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

4.25%

Property prices in Rugeley increased by 4.25% 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 - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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
17 The Laurels, Brereton, Rugeley, Staffordshire, WS15 1BE£155,000£155,000£0002 Oct 202322 Mar 2024172 Days
13 John Till Close, Rugeley, Staffordshire, WS15 2AF£185,000£180,000-£5,00008 Dec 202315 Mar 202498 Days
121 Fernwood Drive, Rugeley, Staffordshire, WS15 2PY£125,000£122,500-£2,50018 Dec 202312 Mar 202485 Days
82 Fernwood Drive, Rugeley, Staffordshire, WS15 2PY£125,000£120,000-£5,00020 May 202307 Mar 2024292 Days
Flat 5, Wharf House, Bryans Lane, Rugeley, Staffordshire, WS15 2JN£70,000£62,500-£7,50019 Sep 202328 Feb 2024162 Days
61 Flaxley Road, Rugeley, Staffordshire, WS15 1LZ£170,000£169,500-£50013 Oct 202313 Feb 2024123 Days
14 Windsor Close, Rugeley, Staffordshire, WS15 2DB£175,000£165,000-£10,00013 Oct 202331 Jan 2024110 Days
39 Thompson Road, Brereton, Rugeley, Staffordshire, WS15 1HW£225,000£220,000-£5,00013 Oct 202326 Jan 2024105 Days
22 March Banks, Rugeley, Staffordshire, WS15 2SA£250,000£245,000-£5,00021 Sep 202326 Jan 2024127 Days
88 Heron Street, Rugeley, Staffordshire, WS15 2DZ£105,000£100,000-£5,00028 Sep 202326 Jan 2024120 Days
9 Elizabethan Way, Rugeley, Staffordshire, WS15 2EE£345,000£345,000£0003 Oct 202319 Jan 2024108 Days
52 Old Eaton Road, Rugeley, Staffordshire, WS15 2HA£269,500£264,500-£5,00028 Jul 202319 Jan 2024175 Days
34 Pinetrees, Brereton, Rugeley, Staffordshire, WS15 1EQ£400,000£382,500-£17,50024 Jul 202316 Jan 2024176 Days
69 Lower Birches Way, Rugeley, Staffordshire, WS15 1GA£295,000£290,000-£5,00009 Oct 202310 Jan 202493 Days
21 Coalway Road, Brereton, Rugeley, Staffordshire, WS15 1HJ£220,000£218,000-£2,00011 Oct 202305 Jan 202486 Days
38 Richardson Way, Rugeley, Staffordshire, WS15 2TD£290,000£280,000-£10,00013 May 202320 Dec 2023221 Days
119 Fernwood Drive, Rugeley, Staffordshire, WS15 2PY£125,000£125,000£0021 Aug 202315 Dec 2023116 Days
7 Henley Grange, Rugeley, Staffordshire, WS15 2FE£675,000£665,000-£10,00005 Jun 202313 Dec 2023191 Days
Westlawn, Church Street, Rugeley, Staffordshire, WS15 2AB£340,000£325,000-£15,00011 Sep 202313 Dec 202393 Days
73 St Michaels Road, Brereton, Rugeley, Staffordshire, WS15 1ET£185,000£185,000£0007 Sep 202324 Nov 202378 Days

Most Expensive Streets in Rugeley

PostcodeStreetAreaAverageNo. of Sales
WS15 2LRMount RoadRugeley£610,0003
WS15 2FEHenley GrangeRugeley£573,7484
WS15 2LLStonehouse RoadRugeley£497,5005
WS15 2LGChaseley RoadRugeley£479,5004
WS15 2LSWest Butts RoadRugeley£472,0005
WS15 1JTHednesford RoadRugeley£436,0005
WS15 2LUEast Butts RoadRugeley£428,5005
WS15 2LYPeakes RoadRugeley£417,5004
WS15 2LNChaseley RoadRugeley£394,6878
WS15 2FDHathorn GroveRugeley£392,9995

Least Expensive Streets in Rugeley

PostcodeStreetAreaAverageNo. of Sales
WS15 2HNAnson MewsRugeley£95,3333
WS15 2NRByron PlaceRugeley£110,1234
WS15 1GFSalisbury CloseRugeley£112,6663
WS15 2JRQueen StreetRugeley£113,1119
WS15 2DGBow StreetRugeley£114,8754
WS15 1GLYork CloseRugeley£115,7147
WS15 2NJGrindcobbe GroveRugeley£115,8005
WS15 2JNBryans LaneRugeley£117,1663
WS15 1BFGlovers Hill CourtBrereton£117,90411
WS15 1LZFlaxley RoadRugeley£119,15313

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