Wolverhampton property prices

The average property price in Wolverhampton postcode area is £216k. The average price increased by £21.7k (11%) over the last twelve months. The price of an established property is £215k. The price of a newly built property is £232k. There were 3.6k property sales and sales dropped by 7.2% (-315 transactions). Most properties were sold in the £150k-£200k price range with 966 (26.8%) properties sold, followed by £100k-£150k price range with 824 (22.8%) properties sold.

November 2020 - October 2021

Wolverhampton postcode area

England and Wales

£216k

average property price

£342k

average property price

11%

average price percentage change

10%

average price percentage change

£21.7k

average price change

£32.2k

average price change

Wolverhampton house prices map

This price map shows the average property price in a given postcode sector between November 2020 - October 2021. The most affordable place was 'WV1 3' with the average price of £106k. The most expensive place was 'WV5 7', £446k.

Wolverhampton house prices map

Wolverhampton house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between November 2020 - October 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Wolverhampton house prices compared to other areasAverage price percentage change
Average property price

Wolverhampton house price rank

With the average price of £216k, Wolverhampton is the 25. cheapest postcode area out of 105 England and Wales' postcode areas.

Wolverhampton house price rank

Wolverhampton property sales share by price range

shows a number of properties sold in a given price range between November 2020 - October 2021.

Wolverhampton property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.6%20
£50k-£100k10.0%360
£100k-£150k22.8%824
£150k-£200k26.8%966
£200k-£250k14.9%539
£250k-£300k8.1%293
£300k-£400k8.6%310
£400k-£500k4.8%173
£500k-£750k2.7%97
£750k-£1M0.6%22
over £1M0.1%5

Wolverhampton cost comparison of new homes and older homes

November 2020 - October 2021

Wolverhampton cost comparison of new homes and older homes

£232k

A newly built property

£215k

An established property

Wolverhampton cost comparison of houses and flats

November 2020 - October 2021

Wolverhampton cost comparison of houses and flats

£353k

Detached

£105k

Flat

£188k

Semi-Detached

£155k

Terraced

Wolverhampton property price by number of rooms

The average nominal property price by number of rooms. Kitchen is included in the number of rooms.

Average price by number of rooms

Wolverhampton real house prices

Yearly average nominal house prices adjusted for inflation.

Wolverhampton real house prices

Wolverhampton house prices

Yearly average nominal prices compared to England & Wales' house prices

Wolverhampton house prices

Wolverhampton house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Wolverhampton house prices per square meter

Wolverhampton house prices and nearby areas

Yearly average nominal prices

Wolverhampton house prices and nearby areas

Wolverhampton house prices by property type

Yearly average nominal prices

Wolverhampton house prices by property type

Wolverhampton house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.2 in Wolverhampton and 7.4 in Shropshire. Ie. Wolverhampton resident with middle-income needs 6.2 gross annual salaries to buy a medium-priced property. Resident in Shropshire needs 7.4 annual salaries. The England and Wales ratio was 7.69 in 2020.
Wolverhampton house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
Wolverhampton6.2
South Staffordshire6.5
Shropshire7.4
England and Wales7.69

Other reports for Wolverhampton postcode area

house prices per square meter

new home prices

property transactions

population statistics

salary and unemployment

home energy certificates

crime statistics

home features

energy costs

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