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Walsall House Prices Walsall House Prices

The average house price in Walsall is £211,559 using HM Land Registry data.

The average property price increased by £83,533 (46.4%) over the last 5 years and increased by £16,695 (6.76%) over the last 12 months.

Over the last year, there were 374 residential property sales – a decrease of 174 transactions (-46.52%) relative to the previous year. The majority of house sales (116) were in the £90,000 - £162,000 range. Then came properties in the £162,000 - £234,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,028 (-2%).

In April 2024, there were 83 new estate agency instructions, 57 agreed home sales and 40 property price reductions.

Neighbouring Areas: Bloxwich, Rushall and Shelfield, Willenhall, Darlaston, Wednesbury, West Bromwich

Postcodes Covered: B43, WS1, WS2, WS4, WS5

5-Year Average Property Prices in Walsall

46.4%

Property prices in Walsall increased by 46.4% 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 Walsall Over the Last Year

6.76%

Property prices in Walsall increased by 6.76% 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 Walsall - 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 Walsall

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 Walsall

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 Walsall

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 Walsall since 1995

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

Recent Property Sales in Walsall

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Allington Close, Walsall, West Midlands, WS5 3DS£270,000£270,000£0025 Nov 202328 Feb 202495 Days
1 Canute Close, Walsall, West Midlands, WS1 3JL£100,000£86,500-£13,50023 Aug 202315 Feb 2024176 Days
52 Blackthorne Road, Walsall, West Midlands, WS5 4NF£215,000£210,000-£5,00010 Mar 202329 Jan 2024325 Days
46 Longmeadow Road, Walsall, West Midlands, WS5 3DD£340,000£335,000-£5,00027 Oct 202326 Jan 202491 Days
96 Norman Road, Walsall, West Midlands, WS5 3QN£320,000£305,000-£15,00017 Aug 202325 Jan 2024161 Days
10 Daffodil Road, Walsall, West Midlands, WS5 3DQ£250,000£230,000-£20,00018 Dec 202324 Jan 202437 Days
275 West Bromwich Road, Walsall, West Midlands, WS5 4NW£250,000£250,000£0006 Jun 202320 Dec 2023197 Days
95 The Crescent, Walsall, West Midlands, WS1 2DA£239,950£225,000-£14,95011 Jul 202319 Dec 2023161 Days
177 Dickinson Drive, Walsall, West Midlands, WS2 9DR£180,000£160,000-£20,00018 Jul 202315 Dec 2023150 Days
396 Birmingham Road, Walsall, West Midlands, WS5 3NX£355,000£352,000-£3,00010 Jul 202314 Dec 2023157 Days
7 Parklands Gardens, Walsall, West Midlands, WS1 2NN£95,000£93,000-£2,00003 May 202308 Dec 2023219 Days
79 Cameron Road, Walsall, West Midlands, WS4 2ET£499,950£490,000-£9,95018 Aug 202307 Dec 2023111 Days
8 Sheridan Close, Walsall, West Midlands, WS2 9QQ£110,000£105,000-£5,00023 May 202307 Dec 2023198 Days
15 Calthorpe Road, Walsall, West Midlands, WS5 3LY£425,000£425,000£0015 Jun 202329 Nov 2023167 Days
16 Westville Road, Walsall, West Midlands, WS2 8UB£250,000£244,000-£6,00025 Aug 202327 Nov 202394 Days
39 Basalt Close, Walsall, West Midlands, WS2 8XB£140,000£140,000£0001 Sep 202324 Nov 202384 Days
42 Park Road, Walsall, West Midlands, WS5 3JU£825,000£825,000£0014 Sep 202320 Nov 202367 Days
278 Broadway North, Walsall, West Midlands, WS1 2PT£475,000£455,000-£20,00015 Jun 202315 Nov 2023153 Days
5 Gorway Gardens, Walsall, West Midlands, WS1 3BJ£560,000£560,000£0007 Jun 202313 Nov 2023159 Days
10 Stencills Road, Walsall, West Midlands, WS4 2HJ£360,000£350,000-£10,00016 Mar 202310 Nov 2023239 Days

Most Expensive Streets in Walsall

PostcodeStreetAreaAverageNo. of Sales
WS5 3LNWoodlands AvenueWalsall£787,7504
WS5 3LFBeacon RoadWalsall£769,2916
WS1 3AYJesson RoadWalsall£733,0624
WS5 3JUPark RoadWalsall£709,5006
WS5 3NGCharlemont RoadWalsall£697,1248
WS1 3EZBroadwayWalsall£585,8336
WS5 3LLSkip LaneWalsall£568,6254
WS1 2PTBroadway NorthWalsall£548,8754
WS5 3ATLongwood LaneWalsall£547,5836
WS4 2ADHomestead CloseWalsall£544,75013

Least Expensive Streets in Walsall

PostcodeStreetAreaAverageNo. of Sales
WS1 1YAFordbrook CourtHatherton Road£53,6254
WS4 2BACotterell CourtButts Road£58,1254
WS2 9AGSaldavian CourtSlaney Road£64,0003
WS1 3DRSandwell StreetWalsall£64,8663
WS2 9LBMarsh StreetWalsall£66,8336
WS1 1PTLeicester StreetWalsall£68,3754
WS2 9JYLittle Station StreetWalsall£70,1005
WS1 2QNElmsdale CourtBirmingham Road£71,8336
WS2 8DBBloxwich RoadWalsall£72,1663
WS1 4HUSpout LaneWalsall£72,8333

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