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House Prices on Furnace Close, WV5 - What’s the Going Rate?
Get an in-depth perspective on Furnace Close in Wolverhampton, with comparisons to the wider neighborhood and the Wolverhampton of Wolverhampton overall.
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Associated Postcodes:
WV5 0PB
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House Prices > Wolverhampton > WV5 > Furnace Close
Street’s Property Overview
Core Facts about Property Prices in Furnace Close
- Furnace Close has seen 8 transactions since 2021, with houses selling for an average of £274,100. The average size of these properties is 842 square feet, equating to £333 per square foot.
- The transaction values of properties on Furnace Close have spanned from £215,000 to £350,000, with price per square foot fluctuating between £285 and £458.
- The last home sold on Furnace Close was in April 2024.
Housing Costs vs Nearby Areas
How Furnace Close Stands vs Surrounding Areas Prices
By Locality
Wombourne
Wombourne residential values are 7% reduced compared to Furnace Close. (£255,600 vs £274,100) This demonstrates that a comparable home elsewhere in Wombourne might cost £18,500 less than one on Furnace Close.
By Sector
WV5 0
Purchasing on Furnace Close typically costs 8% more than in the WV5 0 sector. (£274,100 vs £251,200). Thus, buyers could end up paying about £22,900 more for comparable properties on Furnace Close.
By District
i.e. WV5
Market comparisons show that homes on Furnace Close command a 0% higher price tag than those in the WV5 district. (£274,100 vs £273,400). Given the pricing patterns, a comparable home on Furnace Close may stretch your budget by around £655.
By City or Town
i.e. Wolverhampton
Property buyers on Furnace Close face 28% higher costs than those in Wolverhampton. (£274,100 vs £196,000) So, going for a similar home on Furnace Close could cost you an extra £77,900 for the postcode privilege.
Additional Road Rundown
Beyond Property Prices: More Facts About Furnace Close
- Across this peaceful lane are 37 homes, all officially recognised under just one postcode.
- All homes on Furnace Close are pre-existing, with no new-builds present.
- Properties on Furnace Close have a current average EPC rating of 62 (D) and could potentially achieve a rating of 82 (B).
- Average properties on Furnace Close measure about 842 square feet, making them 9% more generous than typical Wolverhampton homes.
- This street experiences faster churn, with sales happening about every 11 months, ahead of the district-wide average of 12.06 months.
Home Hunting Made Easy
What to Know Before Buying in Wolverhampton
These articles are built for buyers, sellers and curious onlookers who want real detail about how Wolverhampton behaves in practice.
Furthermore, head to the House Prices in Wolverhampton page for market figures, and check the Wolverhampton blog for area-specific advice.
Area Highlights to See
WV5 Area Overview
No dramatic sales pitches, no overused adjectives – just a gently witty, well-structured summary of what WV5 has been up to lately, and why it might be worth your attention.
225
No. of Roads
1,605
No. of Transactions
£300K
Avg. Property Price
1,056
per sq/ft
Avg. Property Size
£284
per sq/ft
Avg. Cost Per Sq/Ft
Local Roads to Wander
Similar Streets You Might Enjoy
WV5 Roads with Similar Prices
- Ounsdale Crescent
- Corns Grove
- Danford Lane
- Greenfields Road
- Smallbrook Lane
- Danford Heath
Roads Near Furnace Close
- Woodhill Close
- Copper Beech Drive
- Sytch Lane
- Battlefield Hill
- Glendale Drive
- Chestnut Drive
