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Springhill Lane, WV4 Property Market Overview
Take a snapshot of recent property sales across Springhill Lane in the WV4 district in Wolverhampton and wider Wolverhampton.
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Associated Postcodes:
WV4 4SH, WV4 4SJ, WV4 4SN, ... + 8 more
What should properties be worth on Springhill Lane?
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House Prices > Wolverhampton > WV4 > Springhill Lane
Price Trends Along the Road
Snapshot Stats of Property Prices in Springhill Lane
- Since 2021, Springhill Lane has seen 23 homes sold, averaging £490,500 per property. The typical home covers 1,632 square feet, resulting in £340 per square foot.
- Sale transactions on Springhill Lane have ranged from £167,000 to £1,325,000, while square footage rates moved from £165 to £974.
- The most recent home sale on Springhill Lane was completed in May 2024.
Property Costs in Context
Price Contrast: Springhill Lane and Surrounding Areas
By Sector
WV4 4
The average home on Springhill Lane costs 52% more than in the WV4 4 sector. (£490,500 vs £234,200). In real terms, a comparable property on Springhill Lane could be priced around £256,300 higher than similar homes elsewhere in the same sector.
By District
i.e. WV4
Springhill Lane homes are 56% more expensive than their equivalents in the WV4 district on average. (£490,500 vs £215,200). As such, opting for Springhill Lane over the WV4 district could see you pay an extra £275,300 on average.
By City or Town
i.e. Wolverhampton
The average cost of buying in Wolverhampton is 38% lower than on Springhill Lane. (£302,000 vs £490,500). As it stands, picking Springhill Lane over Wolverhampton may not stretch your space, but it will stretch your budget by £188,400.
Key Tidbits About This Road
Helpful Useful Facts for Springhill Lane
- The footprint of this road includes 106 property listings, each belonging to one of 11 postcode groups.
- Records indicate that Springhill Lane has no newly built properties.
- The existing EPC level for homes on Springhill Lane averages 53 (E), and could improve up to 73 (C).
- The average property on Springhill Lane offers 1,632 square feet of internal space, making it 44% more spacious than typical homes in Wolverhampton.
- This stretch of homes records sales more frequently, averaging 4 months compared with 9.1 months across most of WV4.
Streetwise Property Tips
The Pace, Prices and Patterns in Wolverhampton
Eyeing property or investment in Wolverhampton? Our expert insights uncover prime locations, market updates, and tips to land a fantastic deal.
To complete your research, head over to the Wolverhampton House Prices page for historical pricing patterns by type and district.
Area Attractions Unveiled
About the WV4 Area
WV4 proves its worth, transforming realty dreams into prosperous returns. Investors eyeing Wolverhampton’s neighbourhoods find unparalleled value. Many suggest WV4’s consistent growth and attractive perks invigorate long-term wealth goals, raising this district as the quintessential blueprint for fulfilling investment prospects now and beyond.
285
No. of Roads
2,693
No. of Transactions
£300K
Avg. Property Price
1,007
per sq/ft
Avg. Property Size
£213
per sq/ft
Avg. Cost Per Sq/Ft
Similar Streets to Stroll
Other Roads You May Be Interested In
Popular Roads in WV4
WV4 Roads with Similar Prices
- Dimmingsdale Road
- Blackpit Lane
- Orton Lane
- Pennwood Lane
- Stourbridge Road
- Penn Common
Roads Near Springhill Lane
- Bridgnorth Road
- Dirty Foot Lane
- Showell Lane
- Market Lane
- Wynne Crescent
- Springhill Park
