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Lance Drive, WS7 Property Market Overview
Explore the quiet but steady property market scene around Lance Drive in the WS7 district in Burntwood.
Additionally, make sharper buying choices using these clever tools.
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Associated Postcodes:
WS7 1FA
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House Prices > Burntwood > WS7 > Lance Drive
Market Beat of This Road
How Prices Are Changing on Lance Drive
- Since 2021, Lance Drive has logged 4 home sales, with properties averaging £225,300. These homes typically span 764 square feet, yielding £286 per square foot.
- Property transactions on Lance Drive have seen prices between £184,000 and £255,000, with per-square-foot values shifting between £202 and £370.
- The last handshake over house keys on Lance Drive happened in July 2024.
Local Price Comparison
Market Comparison: Lance Drive vs Surrounding Areas
By Sector
WS7 1
The average price of a Lance Drive property sits 6% above the WS7 1 sector norm. (£225,300 vs £211,700). The price gap suggests that homes on Lance Drive are typically priced £13,600 above comparable properties in the same sector.
By District
i.e. WS7
Homes in the WS7 district make your money go 3% further than on Lance Drive. (£218,000 vs £225,300). From a budgeting standpoint, picking Lance Drive would mean adding roughly £7,300 more to your purchase price.
By City or Town
i.e. Burntwood
Properties in Burntwood have been selling for an average of 3% less than those in Lance Drive. (£218,000 vs £225,300). Not to be overlooked, that extra £7,100 might simply be location tax.
Road’s Lesser-Known Details
More In-Depth Data About Lance Drive
- There are 13 properties on this road, and it has only 1 postcode.
- No new-build properties exist on Lance Drive.
- Properties on Lance Drive currently hold an average EPC of 63 (D), with the option to rise to 79 (C).
- Homes along Lance Drive typically offer 764 square feet, placing them 22% above the town’s average footprint.
- This street experiences faster churn, with sales happening about every 22 months, ahead of the district-wide average of 9.46 months.
Sector Secrets Shared
Unpacking the Market in Burntwood, One Street at a Time
Pricing gaps between streets in Burntwood are often wider than they look. These articles uncover where the cracks are.
Additionally, our property price page shows the numbers, while the Burntwood blog hub shares what it’s like to live and buy here.
Explore the District’s Charm
Exploring WS7: A Local Snapshot
We’ve gathered a handful of revealing property figures for the WS7 postcode, shown just below.
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
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WS7 Roads with Similar Prices
