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Property Prices on Loak Road, WV7 - Full Market Breakdown
Peek into housing data for Loak Road in the WV7 district in Wolverhampton, and see how it shapes up against neighbouring areas.
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Associated Postcodes:
WV7 3HR, WV7 3HS, WV7 3HT
What should homes sell for on Loak Road?
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House Prices > Wolverhampton > WV7 > Loak Road
Street’s Property Overview
Key Details about Property Prices in Loak Road
- Since 2021, 15 properties have been traded on Loak Road, averaging £229,700 per sale. These homes typically cover 946 square feet, resulting in £248 per square foot.
- Properties on Loak Road have commanded prices from £80,000 to £495,900, with the cost per square foot fluctuating between £60 and £465.
- The latest house shuffle down Loak Road wrapped up in September 2024.
Street Trends vs Area Data
Loak Road Real Estate vs Surrounding Areas
By Locality
Kingswood
Typical property prices in Kingswood trail Loak Road by 3%. (£223,900 vs £229,700) In light of this, purchasing a comparable property elsewhere in Kingswood could lighten your costs by £5,800.
By Sector
WV7 3
On average, a Loak Road move saves you about 43%. (£327,400 vs £229,700). Based on these figures, securing a comparable home on Loak Road instead of another street in the sector could save you approximately £97,700.
By District
i.e. WV7
On Loak Road, average property prices sit 43% below those in the WV7 district. (£229,700 vs £327,400). In real numbers, choosing Loak Road could mean spending £97,700 less than picking a home elsewhere in the district.
By City or Town
i.e. Wolverhampton
The property price gap shows Wolverhampton is approximately 32% more expensive than Loak Road. (£302,000 vs £229,700). This demonstrates that a property on Loak Road might cost £72,400 less than a comparable one in Wolverhampton.
Road’s Lesser-Known Details
Loak Road: More Details You Might Find Useful
- Comprising 77 properties, this road has 3 postcodes.
- Loak Road consists entirely of older, non-new-build properties.
- The average EPC rating for homes on Loak Road is currently 65 (D), with the potential to rise to 81 (B) over time.
- Properties along Loak Road are statistically larger than Wolverhampton homes, with floor areas averaging 946 square feet – a 4% uplift from the town standard.
- Homeowners on this street typically move on after 6 months, which is quicker than the 12.31 months common in WV7.
District Market Breakdowns
What’s Really Happening in Wolverhampton
In Wolverhampton, pricing and pace often vary street by street – and no one talks about it. These articles do.
Furthermore, the Wolverhampton House Prices page provides a straightforward look at annual changes, from semis to terraces.
District Gems to Find
Exploring WV7: A Local Snapshot
Once upon a time, the residents of WV7 were drawn to its green vistas and cosy ambiance, like moths to a flickering flame. This district, where whispers of history intertwine with the modern hum, offers a storybook charm. Picturesque streets and cuddly corners tell tales of generations gone by. Like the pages of an ancient book, WV7 captivates with every turn.
80
No. of Roads
559
No. of Transactions
£400K
Avg. Property Price
1,089
per sq/ft
Avg. Property Size
£289
per sq/ft
Avg. Cost Per Sq/Ft
Roads Close By to Know
Roads You Might Fancy
Popular Roads in WV7
WV7 Roads with Similar Prices
- Wolverley Court
- Telford Avenue
- White Ladies Court
- Botfield Close
- Cotswold Drive
- Barclay Close
Roads Near Loak Road
- Abney Avenue
- Arrow Drive
- Ash Grove
- Barclay Close
- Beamish Lane
- Beechurst Gardens
