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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 £227,100 each. The properties measure around 821 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 2% reduced compared to Edward Road. (£222,100 vs £227,100) In light of this, a house hunt in Perton could leave you laughing with £5,000 still in hand.
By Sector
WV6 7
The WV6 7 sector commands higher average prices - around 6% more than homes on Edward Road. (£241,200 vs £227,100). According to market insights, choosing Edward Road over another street in the sector could save you around £14,200 for a comparable home.
By District
i.e. WV6
Edward Road may be nice, but your wallet will thank you for choosing the WV6 district - it's 4% cheaper. (£218,600 vs £227,100). Putting it in figures, properties on Edward Road require about £8,500 more investment than those in WV6.
By City or Town
i.e. Wolverhampton
Edward Road pricing stands out with an average of 14% higher than Wolverhampton. (£227,100 vs £196,000) To put a number on it, choosing Edward Road over another Wolverhampton address could mean an extra £30,900 on the bill.
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 12% larger, with an average floor area of 821 square feet.
- The pace of sales here is stronger, with properties changing hands every 7 months unlike the 9.74 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.
513
No. of Roads
4,529
No. of Transactions
£300K
Avg. Property Price
1,063
per sq/ft
Avg. Property Size
£227
per sq/ft
Avg. Cost Per Sq/Ft
Extra Roads to Scope Out
Surrounding Streets to Consider
Popular Roads in WV6
Roads Near Edward Road
- Badger Lane
- Farm Drive
- Folley Road
- Patshull Road
- Rosemount Gardens
- Rudge Road
