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Red Lane, WV11 Property Prices - Latest Sales & Trends
Get a firm handle on recent property sales for Red Lane in the WV11 district in Wolverhampton.
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Associated Postcodes:
WV11 2DY, WV11 2RD
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House Prices > Wolverhampton > WV11 > Red Lane
Property Activity On This Street
What’s Happening with House Prices on Red Lane?
- Since 2021, Red Lane has recorded 3 transactions where homes fetched an average of £624,700. These properties typically measure 2,051 square feet, costing £301 per square foot.
- Residential sales on Red Lane have occurred within a financial window of £500,000 to £750,000, with square foot pricing varying between £236 and £379.
- The most recent sale of a residence on Red Lane was finalised in October 2023.
How This Street Stacks Up
Red Lane’s Market vs Surrounding Areas
By Locality
Essington
In Essington, house prices dip 58% lower than on Red Lane on average. (£263,900 vs £624,700) Given this data, a purchase elsewhere in Essington could leave you needing around £360,800 less than if buying on Red Lane.
By Sector
WV11 2
In short, WV11 2 homes let you pay less and smile more, with a 69% saving over Red Lane. (£193,200 vs £624,700) Looking for luxury? Red Lane might make you splash an extra £431,500 for the privilege.
By District
i.e. WV11
Buying in the WV11 district could cost you about 71% less than in Red Lane. (£179,100 vs £624,700). From a purely financial standpoint, Red Lane might be around £445,600 costlier.
By City or Town
i.e. Wolverhampton
Red Lane might be quieter, but not for your wallet - expect to pay 69% more than in Wolverhampton. (£624,700 vs £196,000). This indicates that purchasing elsewhere in Wolverhampton rather than Red Lane could reduce your overall cost by £428,500.
More Street-Level Scoop
Interesting Useful Facts About Red Lane
- Containing 12 properties, this street connects to 2 postcodes.
- Red Lane features a collection of established homes, without a single new-build in sight.
- According to EPC reports, the average on Red Lane is 22 (F), with the potential to reach a better grade of 75 (C).
- The typical residence on Red Lane measures 2,051 square feet, 55% greater than homes across Wolverhampton.
- This street outpaces the rest of WV11 in turnover speed, averaging a sale every 29 months compared to the area norm of 8.45 months.
Smart Reads for Home Seekers
Your Street-Level Look at Wolverhampton
From elegant neighbourhoods to slightly oddball price trends, Wolverhampton’s housing market has plenty to say. These short reads unpack the lot (without the waffle).
Furthermore, we’ve collected all the relevant numbers in one place on the Wolverhampton House Prices section of our site.
District Destinations to Love
Discover the WV11 Area
If WV11 has been on your radar lately, this is a good moment to pause and examine the latest patterns.
323
No. of Roads
3,287
No. of Transactions
£200K
Avg. Property Price
932
per sq/ft
Avg. Property Size
£200
per sq/ft
Avg. Cost Per Sq/Ft
Roads to Look Into
Other Roads to Consider
Popular Roads in WV11
WV11 Roads with Similar Prices
- Heathfield Gardens
- Appleby Gardens
- Maple Court
- Thirlmere Drive
- Birchwood Close
- Brackenwood Drive
Roads Near Red Lane
- Charles Avenue
- Sneyd Lane
- Gorsemoor Way
- Oakwood Close
- Danes Close
- Buttermere Drive
