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House Prices on Edward Road, WV6 - What’s the Going Rate?
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Associated Postcodes:
WV6 7NA
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House Prices > Wolverhampton > WV6 > Edward Road
Price Trends Along the Road
Understanding Recent Transactions in Edward Road
- On Edward Road, 13 deals have been struck since 2021, averaging £231,100 each. The properties measure around 825 square feet, working out at £279 per square foot.
- Sale transactions on Edward Road have ranged from £157,000 to £310,000, while square footage rates moved from £180 to £368.
- The final tick of the market clock for Edward Road struck in June 2024.
Property Values vs the Vicinity
Edward Road Property Prices vs Surrounding Areas
By Locality
Perton
Perton residential values are 6% reduced compared to Edward Road. (£216,800 vs £231,100) In light of this, a house hunt in Perton could leave you laughing with £14,300 still in hand.
By Sector
WV6 7
The WV6 7 sector commands higher average prices - around 26% more than homes on Edward Road. (£291,200 vs £231,100). According to market insights, choosing Edward Road over another street in the sector could save you around £60,100 for a comparable home.
By District
i.e. WV6
A postcode to impress? The WV6 district will cost you roughly 15% more for the bragging rights. (£265,700 vs £231,100). For an equivalent home, you could expect to spend around £34,600 less on Edward Road than on another street in the same district.
By City or Town
i.e. Wolverhampton
Get more for less on Edward Road, where homes are 31% cheaper than in bustling Wolverhampton. (£231,100 vs £302,000). From this perspective, a home in Wolverhampton could require an additional £71,000 compared to one on Edward Road.
Beyond the Basics of This Road
Final Key Insights on Edward Road
- With 46 properties, this road is served by only one postcode.
- Edward Road appears to be entirely made up of longstanding, previously owned properties.
- Properties on Edward Road have an average EPC rating of 61 (D) and could potentially improve to a rating of 84 (B).
- Compared to the Wolverhampton average, homes on Edward Road are 10% larger, with an average floor area of 825 square feet.
- The pace of sales here is stronger, with properties changing hands every 7 months unlike the 10.48 months norm for WV6.
Buyer’s Market Lowdown
How Wolverhampton Compares to the Rest
Eyeing a property purchase or investment in Wolverhampton? Our articles uncover top locations, real estate trends, and insider tips to secure the right bargain.
Additionally, the House Prices in Wolverhampton page gives you clarity on how values compare across homes and neighbouring towns.
Area Highlights to See
About the WV6 Area
The next set of figures highlights some rather revealing changes in the WV6 housing scene.
509
No. of Roads
4,176
No. of Transactions
£300K
Avg. Property Price
1,072
per sq/ft
Avg. Property Size
£247
per sq/ft
Avg. Cost Per Sq/Ft
Extra Roads to Scope Out
Surrounding Streets to Consider
Popular Roads in WV6
WV6 Roads with Similar Prices
- Mercia Drive
- Lower Green
- Woodfield Heights
- Idonia Road
- Mancroft Gardens
- Paget Road
Roads Near Edward Road
- Badger Lane
- Farm Drive
- Folley Road
- Patshull Road
- Rosemount Gardens
- Rudge Road
