On average New Invention has high deprivation and average crime levels, with around 53 crimes per 1,000 residents per year, about 45% below the West Midlands average of 97 per 1,000. Approximately 21.5% of homes in this area are social housing provided by a local council or housing association. The average income per household in New Invention is £42,781 per year. There are 2 schools in New Invention: 2 primary (1 Outstanding and 1 Good) and 0 secondary (0 Outstanding and 0 Good). New Invention is home to around 6,602 people, with a population density of about 5,590.7 per km².
Based on 55 recent sales, the median property price is £205,000 (about £230 per square foot) in New Invention area, with individual transactions ranging from £115,000 up to £460,000.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Detached | 9 | £245,000 | £237 |
| Semi-Detached | 24 | £221,500 | £245 |
| Terraced | 17 | £171,500 | £215 |
| Flats | 5 | £120,000 | £192 |
Sale price
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £216,000 | £89,000 | £125,500 | £113,000 |
| 2017 | £265,000 | £90,000 | £141,500 | £121,000 |
| 2018 | £220,000 | £93,500 | £137,500 | £125,000 |
| 2019 | £225,000 | £96,500 | £145,000 | £138,500 |
| 2020 | £264,975 | £93,000 | £157,750 | £140,500 |
| 2021 | £215,000 | £100,000 | £171,000 | £166,000 |
| 2022 | £250,000 | £110,000 | £206,500 | £170,000 |
| 2023 | £236,500 | £115,000 | £202,500 | £176,500 |
| 2024 | £250,000 | £122,750 | £200,000 | £175,250 |
| 2025 | £257,000 | £120,000 | £216,000 | £165,000 |
| 2026 | £262,500 | £125,000 | £232,500 | £155,000 |
Price per sq ft
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £183 | £112 | £137 | £140 |
| 2017 | £195 | £142 | £150 | £142 |
| 2018 | £184 | £151 | £145 | £148 |
| 2019 | £215 | £151 | £159 | £169 |
| 2020 | £185 | £145 | £178 | £157 |
| 2021 | £219 | £149 | £197 | £197 |
| 2022 | £283 | £178 | £216 | £195 |
| 2023 | £272 | £170 | £229 | £224 |
| 2024 | £263 | £181 | £232 | £226 |
| 2025 | £232 | £187 | £248 | £205 |
| 2026 | £250 | £211 | £245 | £215 |
Annual council tax rates for Walsall district.
Council tax bands are based on the value of your property. Most homes fall into bands A to D.
New Invention records about 53 crimes per 1,000 residents per year, which is a average crime rate for England: it scores 5 out of 10 on the Area360 crime scale, where 10 is the highest crime level.
The median sale price in New Invention is £205,000 (about £230 per square foot) based on 55 registered sales according to HM Land Registry data.
New Invention has 2 primary schools (1 rated Outstanding, 1 Good). Ratings are from the latest Ofsted inspections.
New Invention scores 7 out of 10 on the deprivation scale, where 10 is the most deprived. The typical neighbourhood in New Invention sits around rank 10,925 of 32,844 in England on the official Index of Multiple Deprivation (rank 1 is the most deprived).
The average household income in New Invention is around £42,781 per year, and 22% of homes are social housing (ONS data).
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