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House Prices on Cherry Tree Lane, WV8 - What You Need to Know
Discover the latest property sale movements on Cherry Tree Lane in the WV8 district in Wolverhampton compared to neighbouring streets.
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Associated Postcodes:
WV8 1NL, WV8 1NW
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House Prices > Wolverhampton > WV8 > Cherry Tree Lane
Street’s Market Snapshot
Breaking Down House Prices on Cherry Tree Lane
- Cherry Tree Lane has witnessed 9 property deals since 2021, each averaging £136,100. The homes generally measure 754 square feet, translating to £176 per square foot.
- On Cherry Tree Lane, property transaction prices have fluctuated from £95,000 to £242,500, while costs per square foot have spanned £116 to £278.
- The final chapter of home sales on Cherry Tree Lane was completed in July 2024.
Price Gaps with Neighboring Zones
Cherry Tree Lane Property Prices vs Surrounding Areas
By Locality
Codsall
Buying bragging rights in Codsall? Prepare to fork out 112% extra compared to Cherry Tree Lane. (£288,100 vs £136,100) As such, buying in Codsall instead of Cherry Tree Lane might demand an extra outlay of £152,000.
By Sector
WV8 1
The gap between Cherry Tree Lane and the WV8 1 sector averages a tidy 105% in favour of Cherry Tree Lane. (£279,500 vs £136,100). Based on this, properties on Cherry Tree Lane could leave you paying £143,400 less than elsewhere in the sector.
By District
i.e. WV8
Cherry Tree Lane or WV8? Expect the latter to lighten your wallet by 121% more. (£301,000 vs £136,100). A home of similar value and specification on Cherry Tree Lane could be priced around £164,900 less than one elsewhere in the same district.
By City or Town
i.e. Wolverhampton
Market trends show that homes in Wolverhampton cost 122% more than those in Cherry Tree Lane. (£302,000 vs £136,100). This reveals that opting for Wolverhampton instead of Cherry Tree Lane might cost you an extra £166,000.
Road’s Lesser-Known Details
Cherry Tree Lane: More Details You Might Find Useful
- This road carries 54 properties, all within 2 postcodes.
- Every home on Cherry Tree Lane has stood for some time, with no evidence of modern new-build developments.
- The average EPC rating for homes on Cherry Tree Lane is currently 67 (D), with the potential to rise to 79 (C) over time.
- With an average floor area of 754 square feet, properties on Cherry Tree Lane are generally 20% more spacious than those across Wolverhampton.
- Buyers circulate more quickly here, with turnover occurring in 10 months, beating the 11.68 months local average.
City Property Trends
Buying or Selling in Wolverhampton? Read This First
The most in-demand streets in Wolverhampton don’t always shout about it. These smart reads show you where the action really is.
For a wider market view, the House Prices in Wolverhampton page gives you the numbers broken down by type, year, and location.
Area Adventures Made Easy
A Closer Look at WV8
WV8 invites you to become an urban adventurer. This part of Wolverhampton is alive with streets that connote exploration. Enthusiasts wander through evolving neighbourhoods, discovering delightful eateries, hidden art, or unexpected encounters. WV8 unfolds its map, daring you to embark on a venture-friendly exploration.
219
No. of Roads
1,612
No. of Transactions
£400K
Avg. Property Price
1,066
per sq/ft
Avg. Property Size
£290
per sq/ft
Avg. Cost Per Sq/Ft
Extra Roads to Scope Out
Nearby Streets That Stand Out
Popular Roads in WV8
WV8 Roads with Similar Prices
- Ryefield
- Faversham Close
- Glenfield
- Alderford Close
- Tanner Court
- Smallwood Road
Roads Near Cherry Tree Lane
- Harriots Hayes Lane
- Renshaw Wood Lane
- Boscobel Road
- Duck Lane
- Whitehouse Lane
- Alexander Road
