Property profile

5 Richmond AvenueWolverhampton

Map showing 5 Richmond Avenue, Wolverhampton, Wolverhampton

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£455,000

Detached sold in Park

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold11 Dec 2015
£302,500Change since last sale: +£154,000 (+51%)
Annualised change
+3.9% per yearWolverhampton annualised change (detached) since 2015: +5.5% per yearThis property's value grew slower than the market
Price per sq ftLocal median £284 per sq ft
£294 per sq ftEstimate vs local median: +£11 per sq ft (+3.7%)
Local sold pricesMedian for detached in Park
£380,000Estimate vs local median: +£76,000 (+20%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Detached
TenureFreehold
Construction period1930-1949
Floor area144 m² / 1,550 sq ft
Rooms7 habitable / 7 heated
EPC ratingD
EPC inspection04 Dec 2020

Sales history

DatePriceChange
11 Dec 2015£302,500-5%
02 Jun 2006£320,000-

Local market

Property prices in Park

Median price£197,500
Price per sq ft£205
Sales (last 12 months)104
Typical range (middle 50%)£120K – £296K

Based on 104 recent sales, the median property price is £197,500 (about £205 per square foot) in Park area, with individual transactions ranging from £64,000 up to £615,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Park over the last year.
TypeSalesMedian£/sq ft
Detached23£380,000£284
Semi-Detached30£243,000£229
Terraced22£188,000£200
Flats29£103,000£167

10-year price trendmedian sale price in Park

Sale price

Ten year median sale price trend for each property type in Park.
YearDetachedFlatsSemi-DetachedTerraced
2016£387,500£90,000£133,750£125,500
2017£287,000£73,750£146,000£146,375
2018£272,500£89,225£161,000£135,000
2019£263,750£80,250£170,000£145,000
2020£285,000£70,000£187,000£148,000
2021£278,750£105,000£245,000£175,000
2022£372,500£99,950£222,500£173,500
2023£338,500£100,000£237,000£165,000
2024£351,250£100,000£218,750£190,000
2025£380,000£105,500£245,000£195,000
2026£333,750£97,500£225,000£170,000
Ten year median sale price trend for each property type in Park.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Park.
YearDetachedFlatsSemi-DetachedTerraced
2016£223£136£126£110
2017£195£130£131£131
2018£196£139£147£132
2019£220£124£172£130
2020£218£124£153£136
2021£241£155£178£147
2022£293£165£201£167
2023£272£171£206£165
2024£254£166£202£196
2025£279£168£222£189
2026£288£177£205£168
Ten year median sale price per square foot trend for each property type in Park.

Price distribution by property typelast 12 months

Price distribution by property type for Park in the last year.

Recent sales

There were 39 recent sold properties in the last 18 months near WV3 9JB.

Recent sold properties in the last 18 months near WV3 9JB
DateAddressTypeTenurePriceMap
01 Aug 202533, Richmond Avenue, Wolverhampton, WV3 9JBDetachedFreehold£400,000
30 May 20257, Richmond Avenue, Wolverhampton, WV3 9JBDetachedFreehold£380,000
22 Jul 202557, Bantock Gardens, Wolverhampton, WV3 9LNDetachedFreehold£335,000
16 Mar 202690E, Richmond Road, Wolverhampton, WV3 9JGSemi-DetachedFreehold£315,000
26 Aug 20252, Richmond Road, Wolverhampton, WV3 9HYDetachedFreehold£470,000

Other properties at this postcode

AddressTenureFloor areaLast sale
2, Richmond Avenue, WolverhamptonFreehold138 m²£212,000 (2012)
3, Richmond Avenue, WolverhamptonFreehold179 m²£396,000 (2019)
4 Richmond Avenue, WolverhamptonFreehold200 m²£96,000 (1996)
6 Richmond Avenue, Wolverhampton-139 m²-
7 Richmond Avenue, WolverhamptonFreehold149 m²£380,000 (2025)
9, Richmond Avenue, Wolverhampton-181 m²-
10, Richmond Avenue, WolverhamptonFreehold141 m²£243,500 (2012)
11, Richmond Avenue, WolverhamptonFreehold159 m²£275,000 (2018)
13, Richmond Avenue, Wolverhampton-132 m²-
15, Richmond Avenue, WolverhamptonFreehold148 m²£302,000 (2017)

Area insights for WV3 9JB

Full area profile →

Overview

Postcode WV3 9JB is located in a major urban area, within the Park ward of Wolverhampton in the West Midlands region, and forms part of the Compton & Merryhill North area. It has low deprivation and low crime levels, with around 46 crimes per 1,000 residents per year, about 52% below the West Midlands average of 97 per 1,000. The average income per household in Compton & Merryhill North is £57,868 per year. The nearest station is Wolverhampton, about 1.5 miles away. There are 9 primary and 3 secondary schools in the area. There is 1 park nearby, the closest large park is Bantock Park.

Crime rate
4/10
Crimes per 1k residents
46
Deprivation level
3/10
Income level
8/10
Social housing
3.2%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

3/10

Compton & Merryhill North has a low level of deprivation, ranked at position 24,379 out of 32,844 areas in the United Kingdom, placing it within the bottom 26% least deprived areas in England.

Crime level

4/10

Compton & Merryhill North has a low crime rate, with approximately 46 reported incidents per 1,000 population each year.

Social housing

3.2%

Approximately 3.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 5.5% of dwellings are socially rented.

Income level

8/10

The average income per household in Compton & Merryhill North is £57,868 per year.

Noise Level

No noise

No significant noise sources from railways or roads near WV3 9JB.

Flood risk

No risk

Compton & Merryhill North near WV3 9JB has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Wolverhampton located about 1.5 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for WV3 9JB
DistanceNameSizeDirections
0.3 miBantock ParkLargeWalking directions to Bantock Park

Area Profile

Population
291
Population density
2,071.2 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
24.21(-37%)
Burglary
4.84(+19%)
Other theft
4.04(-29%)
Vehicle crime
4.04(-38%)
Public order
3.23(-47%)
West Midlands average

Demographics

Ethnic groups

British
135
46.08%
Indian
77
26.28%
Caribbean
19
6.48%
Pakistani
12
4.1%
Other White
11
3.75%
Total population: 293

Economics

Education (age 16+)

Level 4+ (Degree)
90
38.46%
Level 3 (A level)
45
19.23%
No qualifications
36
15.38%
Level 1 (GCSEs 3-1)
24
10.26%
Level 2 (GCSEs 9-4)
23
9.83%
Total 16+ residents: 234

Housing

Housing tenure

Owns outright
54
43.2%
Owns with a mortgage
38
30.4%
Private landlord or letting agency
23
18.4%
Other forms of private rent
5
4%
Social rents from council
4
3.2%
Total households: 125

Schools

In the WV3 9JB postcode area, located within Compton & Merryhill North, there are 9 primary and 3 secondary schools in close proximity.

Nearby primary and secondary schools for WV3 9JB
DistancePhaseNameTypeRating
0.3 miNot applicableWolverhampton Grammar SchoolOther independent school

N/A

0.4 miPrimaryMerridale Primary SchoolCommunity school

Good

0.4 miPrimarySt Jude's Church of England Primary AcademyAcademy sponsor led

Good

Local amenities

6 nearby supermarkets & convenience stores within mi of WV3 9JB

Nearby supermarkets & convenience stores for WV3 9JB
DistanceNameAddressDirections
0.3 miLifestyle ExpressMerridale Road, Wolverhampton, WV3 9RHWalking directions to Lifestyle Express
0.3 miSelext & Save9-11 Aspen Way, Wolverhampton, WV3 0UNWalking directions to Selext & Save
0.4 miSainsbury's Local53 Compton Road, Wolverhampton, WV3 9QZWalking directions to Sainsbury's Local
0.4 miLifestyle Express96 Compton Road, Wolverhampton, WV3 9PSWalking directions to Lifestyle Express
0.5 miPremier Tettenhall Supermarket1e Clark Road, Wolverhampton, WV3 9NWWalking directions to Premier Tettenhall Supermarket