Wolverhampton House Prices, Birmingham
Wolverhampton is an area, located in Birmingham.
Wolverhampton House Prices
As of June, 2024, the average house prices in Wolverhampton are as follows:
- studio – £118,975 (97.27%)
- 1 bedroom flat – £100,000 (-3.67%)
- 2 bedroom flat – £180,000 (-2.86%)
- 3 bedroom flat – £252,000 (-2.51%)
- 4 bedroom flat – £385,000 (-2.77%)
- 5 bedroom flat – £465,000 (-4.37%)
Keep in mind that these are simply the average rates for Wolverhampton house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Wolverhampton, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Wolverhampton house price is £260,000, low by 0% as of £260,000 in May, 2024.
- Currently, there are 2,201 houses for sale and an average of 95 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Wolverhampton house prices.
Wolverhampton House Prices Growth
The average house price in Wolverhampton over the last 5 years is as follows:
- 2019-06 – £166,452
- 2020-06 – £174,628 (4.91%)
- 2021-06 – £193,218 (10.65%)
- 2022-06 – £201,166 (4.11%)
- 2023-06 – £215,193 (6.97%)
- 2024-06 – £211,715 (-1.62%)
Sold house prices in Wolverhampton have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 27%. Thus, if the trend continues, purchasing real estate in Wolverhampton in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Wolverhampton house prices, it’s also wise to keep an eye on house rent prices in Wolverhampton. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Wolverhampton.