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Elder Lane, WS7 Property Market Overview
Gain a fresh perspective on Elder Lane in Burntwood, including how it stands against the local neighborhood and Burntwood in its entirety.
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Associated Postcodes:
WS7 9BT
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House Prices > Burntwood > WS7 > Elder Lane
Street’s Property Overview
House Price Insights for Elder Lane
- On Elder Lane, 5 transactions have taken place since 2021, with homes averaging £317,700. These properties measure 1,002 square feet on average, giving £258 per square foot.
- Property transactions on Elder Lane have occurred within a price bracket of £244,000 to £542,500, with per-square-foot prices moving from £184 to £406.
- The latest home transaction on Elder Lane was recorded in February 2022.
How This Road Compares Locally
How Elder Lane Stands vs Surrounding Areas Prices
By Sector
WS7 9
Home hunters could shave off 16% by choosing WS7 9 over Elder Lane. (£266,800 vs £317,700) This market snapshot indicates that Elder Lane properties could demand a premium of £50,900 over comparable sector homes.
By District
i.e. WS7
Wallets breathe easier in the WS7 district - homes are 31% cheaper than Elder Lane. (£218,000 vs £317,700). Taking a closer look at the numbers, properties on Elder Lane appear to carry a premium of around £99,700.
By City or Town
i.e. Burntwood
Burntwood gives you options - and lets you skip Elder Lane’s 31% markup on price. (£317,700 vs £218,000). Consequently, a comparable property elsewhere in Burntwood could come in at £99,500 below a similar one on Elder Lane.
More Street-Level Scoop
Interesting Useful Facts About Elder Lane
- A compact total of 47 properties make up this road, sharing one postcode in perfect uniformity.
- Elder Lane consists only of pre-existing properties, with no new-builds.
- On average, homes on Elder Lane hold an EPC rating of 66 (D), with the possibility of reaching 81 (B).
- The average property on Elder Lane offers 1,002 square feet of internal space, making it 7% more spacious than typical homes in Burntwood.
- On this road, the sales tempo is faster – averaging 17 months to turnover, compared to 9.46 months across WS7.
Property Picks Explained
Buying in Burntwood? These Reads Make It Easier
Where do locals really want to live in Burntwood? These fresh takes explore neighbourhood quirks, pricing oddities and surprisingly overlooked winners.
Additionally, for anyone comparing Burntwood to nearby districts, the House Prices in Burntwood page makes that easy.
District Delights Await
Unpacking WS7: Insights & Info
Before you get too far along in your shortlisting, it’s worth checking in on how WS7 is actually performing, both in terms of property movement and everyday feel – the overview below helps with that.
375
No. of Roads
3,410
No. of Transactions
£300K
Avg. Property Price
963
per sq/ft
Avg. Property Size
£238
per sq/ft
Avg. Cost Per Sq/Ft
Roads to Look Into
Extra Roads to Consider
WS7 Roads with Similar Prices
- Manifold Close
- Leam Drive
- Wentworth Close
- Forge Close
- Anker Close
- Highfields Road
Roads Near Elder Lane
- Canterbury Drive
- Derwent Grove
- Blythe Close
- Deerfold Crescent
- Burns Drive
- Wedgewood Close
