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Shop Lane, WV8 Property Prices - Latest Sales & Trends
Explore pricing comparisons for Shop Lane in the WV8 district in Wolverhampton, and find out how it stands citywide.
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Associated Postcodes:
WV8 2AX
What’s the true value of homes on Shop Lane?
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House Prices > Wolverhampton > WV8 > Shop Lane
Housing Activity on This Street
Market Trends and Property Values in Shop Lane
- On Shop Lane, 11 sets of keys have been handed over since 2021, with homes selling for around £282,000. They typically measure 1,143 square feet, resulting in £274 per square foot.
- Shop Lane houses have sold for amounts ranging from £187,000 to £460,000, with square footage pricing fluctuating between £175 and £355.
- The final sold sticker on Shop Lane went up in November 2024.
Street Value vs Area Trends
Shop Lane Homes vs Surrounding Areas Prices
By Locality
Oaken
Living in Oaken costs on average 13% more than life on Shop Lane. (£317,900 vs £282,000) Thus, picking a property on Shop Lane rather than in Oaken might yield a saving of £36,000.
By Sector
WV8 2
According to market trends, Shop Lane homes are 18% cheaper than sector averages. (£332,000 vs £282,000). From these numbers, purchasing on Shop Lane could cut your bill by about £50,100.
By District
i.e. WV8
Compared to the WV8 district, purchasing on Shop Lane means spending an average of 11% more. (£282,000 vs £251,500). As the cost gap illustrates, buyers moving to Shop Lane may need to account for an additional £30,500 compared to WV8.
By City or Town
i.e. Wolverhampton
The average home in Wolverhampton is 30% less costly than one on Shop Lane. (£196,000 vs £282,000). When the dust settles, the difference could be a cool £85,800 if you opt out of Shop Lane.
What Else Defines This Street
Essential Useful Facts About Shop Lane
- This road carries 28 homes, but just one postcode – tidy and unified.
- Shop Lane is composed solely of pre-existing homes, with no newly built dwellings included.
- EPC assessments for Shop Lane indicate a current average rating of 61 (D), with future gains of up to 79 (C).
- The average home size on Shop Lane reaches 1,143 square feet, 20% bigger than Wolverhampton’s standard.
- It’s a quicker shuffle here – new owners arrive every 8 months, ahead of the 11.11 months district average.
Local Property Primer
Which Wolverhampton Postcodes Stand Out – and Which Don’t
Speed, value and postcode pride – these articles focus on what buyers and sellers in Wolverhampton really want to know.
Also worth exploring, the House Prices in Wolverhampton page rounds up everything from price bands to regional benchmarks.
District Delights Await
Unpacking WV8: Insights & Info
WV8 prefers a cheeky grin when asked how it stacks up. Offering gentle sarcasm, it wears its small quirks with pride. This Wolverhampton district thrives on individuality, where cosy cafes and welcoming parks share tales of delightful mischief with humour and light-hearted attitude.
221
No. of Roads
1,710
No. of Transactions
£300K
Avg. Property Price
1,055
per sq/ft
Avg. Property Size
£255
per sq/ft
Avg. Cost Per Sq/Ft
Streets Around the Corner
Other Roads You May Be Interested In
Popular Roads in WV8
- Brindley Gardens
- Marshall Way
- Thelwell Drive
- Poachers Way
- Farran Drive
- Birches Road
WV8 Roads with Similar Prices
- Cranley Drive
- Stoneleigh Gardens
- Chillington Drive
- Chapel Lane
- Cranmoor
- Moatbrook Lane
Roads Near Shop Lane
- Stafford Lane
- Holyhead Road
- Princes Gardens
- Warwick Drive
- Palmers Close
- Meadow Way
