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Willenhall House Prices Willenhall House Prices

The average house price in Willenhall is £210,565 using HM Land Registry data.

The average property price increased by £57,323 (39.62%) over the last 5 years and increased by £11,457 (6.01%) over the last 12 months.

Over the last year, there were 409 residential property sales – a decrease of 85 transactions (-20.78%) relative to the previous year. The majority of house sales (107) were in the £144,000 - £178,000 range. Then came properties in the £178,000 - £212,000 range, where 77 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,875 (-2%).

In April 2024, there were 74 new estate agency instructions, 53 agreed home sales and 27 property price reductions.

Neighbouring Areas: Bloxwich, Wolverhampton, Walsall, Darlaston, Bilston

Postcodes Covered: WS10, WS2, WV11, WV12, WV13, WV14

5-Year Average Property Prices in Willenhall

39.62%

Property prices in Willenhall increased by 39.62% 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 Willenhall Over the Last Year

6.01%

Property prices in Willenhall increased by 6.01% 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 Willenhall - 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 Willenhall

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 Willenhall

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 Willenhall

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 Willenhall since 1995

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

Recent Property Sales in Willenhall

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Villiers Street, Willenhall, West Midlands, WV13 1DF£165,000£165,000£0029 Oct 202318 Mar 2024141 Days
16 Bramble Close, Willenhall, West Midlands, WV12 5AH£425,000£397,000-£28,00014 Sep 202315 Mar 2024183 Days
104 Noose Lane, Willenhall, West Midlands, WV13 3BT£75,000£72,000-£3,00008 Feb 202413 Feb 20245 Days
21 Cotswold Grove, Willenhall, West Midlands, WV12 5YZ£120,000£120,000£0006 Sep 202309 Feb 2024156 Days
129 Sneyd Lane, Essington, Wolverhampton, West Midlands, WV11 2DX£450,000£422,000-£28,00002 Mar 202309 Feb 2024344 Days
33 Littleton Road, Willenhall, West Midlands, WV12 5JU£199,995£192,500-£7,49518 Aug 202306 Feb 2024172 Days
1 Century Drive, Willenhall, West Midlands, WV13 2JH£299,000£282,500-£16,50028 Jul 202302 Feb 2024189 Days
62 Wolverhampton Road West, Walsall, West Midlands, WS2 0BS£220,000£220,000£0006 Sep 202329 Jan 2024145 Days
237 Lichfield Road, Willenhall, West Midlands, WV12 5BE£100,000£100,000£0005 Jul 202326 Jan 2024205 Days
43 Summer Street, Willenhall, West Midlands, WV13 3DR£170,000£170,000£0014 Jul 202326 Jan 2024196 Days
30 Cheniston Road, Willenhall, West Midlands, WV12 5QR£210,000£208,000-£2,00009 Sep 202319 Jan 2024132 Days
19 Attlee Road, Walsall, West Midlands, WS2 0EZ£180,000£155,000-£25,00010 Aug 202317 Jan 2024160 Days
17 Cotswold Grove, Willenhall, West Midlands, WV12 5YZ£120,000£114,000-£6,00018 Aug 202305 Jan 2024140 Days
84a, St Annes Road, Willenhall, West Midlands, WV13 1DT£155,000£150,000-£5,00004 Aug 202320 Dec 2023138 Days
10 Miles Meadow Close, Willenhall, West Midlands, WV12 5YE£230,000£225,000-£5,00003 May 202315 Dec 2023226 Days
14 Nevis Grove, Willenhall, West Midlands, WV12 5UZ£210,000£210,000£0010 Jul 202315 Dec 2023158 Days
31 Hillbury Drive, Willenhall, West Midlands, WV12 5UT£220,000£220,000£0007 Aug 202311 Dec 2023126 Days
3 Binbrook Road, Willenhall, West Midlands, WV12 4TW£235,000£232,000-£3,00007 Aug 202311 Dec 2023126 Days
22 Andrew Drive, Willenhall, West Midlands, WV12 5PP£250,000£250,000£0026 Jun 202301 Dec 2023158 Days
21 Arnold Close, Walsall, West Midlands, WS2 0LH£170,000£168,000-£2,00019 Jun 202330 Nov 2023164 Days

Most Expensive Streets in Willenhall

PostcodeStreetAreaAverageNo. of Sales
WV13 3BFSwan PlaceWillenhall£655,0004
WV11 2SZAppleby GardensEssington£505,0003
WV13 1SPBanks StreetWillenhall£392,3333
WV13 3AWFibbersleyWillenhall£376,6663
WV11 3SUFibbersleyWolverhampton£373,3333
WV13 2JTBilston RoadWillenhall£368,6663
WV12 4EYSandbeds RoadWillenhall£363,3333
WV12 5DBBowness GroveWillenhall£331,9996
WV12 5FHUllswater RoadWillenhall£323,3333
WV12 5FALochalsh GroveWillenhall£321,0836

Least Expensive Streets in Willenhall

PostcodeStreetAreaAverageNo. of Sales
WV13 2NWGomer StreetWillenhall£59,82010
WS2 0NUGrenville CloseWalsall£70,8336
WV13 1EBCircuit CloseWillenhall£73,9378
WV13 2HNBrunslow CloseWillenhall£78,7506
WV13 1JBClarkes LaneWillenhall£79,7229
WV12 4EEDibble CloseWillenhall£83,1663
WS2 0AFInfinite HousePendlebury Close£85,3333
WV12 5ABLichfield RoadWillenhall£91,91711
WS2 0BEEclipse HousePendlebury Close£93,6663
WV13 2ATRosehillWillenhall£95,0003

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