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Registered Address: 2 Leman St, London E1 8FA
WS5 3PBHouse Prices / West Midlands, Walsall, Lake Close
Last updated May 2026
Key Postcode Insights
WS5 3PB is a residential postcode situated on Lake Close, Walsall, WS5 with 8 addresses.
It ranks as the 127th largest and 794th most expensive of the 902 postcodes in the WS5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
8
Properties
- Houses
Key Postcode Insights
WS5 3PB is a residential postcode situated on Lake Close, Walsall, WS5 with 8 addresses.
It ranks as the 127th largest and 794th most expensive of the 902 postcodes in the WS5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
8
Properties
- Houses
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House Pricesin WS5 3PB
Sale prices range from £379,417 for 4 bedroom freehold houses with a garden (1,151 ft2) to £695,729 for 6 bedroom freehold houses with a garden (3,089 ft2) .
Monthly rental prices range from £1,697 pcm for 4 bed houses to £2,994 pcm for 6 bed houses.
The gross rental yield is between 5.0% and 5.4%.
The average value per square foot is £327.
Average Sale Value
£450,769
Average Rental Value
£1,951 pcm
Average Rental Yield
5.2% /year
Average Value Per Sqft
£327 /ft2
Sales Market Trendsin WS5 3PB
The last sale in WS5 3PB sold for £775,000 on 25th June 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £450,769.
The WS5 3PB Sales Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £450,769 |
| April 2025 | 1.5% | £460,643 |
| April 2024 | 1% | £453,951 |
| April 2023 | 4% | £449,613 |
| April 2022 | 10.4% | £432,503 |
| April 2021 | 6.4% | £391,791 |
| April 2020 | 5.1% | £368,381 |
| April 2019 | 3.5% | £350,426 |
| April 2018 | 5.4% | £338,725 |
| April 2017 | 7.3% | £321,303 |
| April 2016 | 4% | £299,573 |
| April 2015 | 3.9% | £288,083 |
| April 2014 | 4.7% | £277,180 |
| April 2013 | 5.8% | £264,754 |
| April 2012 | 0.4% | £250,299 |
| April 2011 | -3.6% | £249,318 |
| April 2010 | 4.8% | £258,746 |
| April 2009 | -14.3% | £246,990 |
| April 2008 | 0.9% | £288,343 |
| April 2007 | 0% | £285,672 |
Rental Market Trendsin WS5 3PB
The current average rental value in the postcode is £1,951.
The WS5 3PB Rental Market has increased by 65.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.1% | £1,951pcm |
| April 2025 | 5.2% | £1,950pcm |
| April 2024 | 12.2% | £1,853pcm |
| April 2023 | 9.5% | £1,652pcm |
| April 2022 | 5.2% | £1,509pcm |
| April 2021 | 8.3% | £1,434pcm |
| April 2020 | 2.8% | £1,324pcm |
| April 2019 | 2.3% | £1,288pcm |
| April 2018 | 2.1% | £1,258pcm |
| April 2017 | 4.6% | £1,232pcm |
| April 2016 | 2.9% | £1,178pcm |
| April 2015 | 3% | £1,145pcm |
| April 2014 | 1.5% | £1,112pcm |
| April 2013 | 4.2% | £1,095pcm |
| April 2012 | 1.2% | £1,051pcm |
| April 2011 | 3.3% | £1,038pcm |
| April 2010 | 0.8% | £1,005pcm |
| April 2009 | -3.1% | £997pcm |
| April 2008 | 2.8% | £1,029pcm |
| April 2007 | 0% | £1,001pcm |
Explore Propertiesin WS5 3PB, Lake Close, Walsall, WS5
- 1, Lake Close, Walsall, WS5 3PB4 bed mid-century house
- 2, Lake Close, Walsall, WS5 3PB5 bed mid-century house
- 3, Lake Close, Walsall, WS5 3PB4 bed mid-century house
- 4, Lake Close, Walsall, WS5 3PB4 bed mid-century house
- 5, Lake Close, Walsall, WS5 3PB4 bed mid-century house
- 6, Lake Close, Walsall, WS5 3PB4 bed mid-century house
- 7, Lake Close, Walsall, WS5 3PB
- 9, Lake Close, Walsall, WS5 3PB
Sales Historyin WS5 3PB
The last sale was on 25th June 2025 for £775,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 6 sales since 1995.
WS5 3PB has seen 2 sales in the last three years and 1 sale in the last twelve months.
Sold Jun 2025£775,000 | 6 Bed HouseLake Close2, Lake Close, Walsall, WS5 3PB
Sold Jan 2025£397,000 | 4 Bed HouseLake Close1, Lake Close, Walsall, WS5 3PB
Sold Jul 2019£300,000 | 4 Bed HouseLake Close3, Lake Close, Walsall, WS5 3PB
Sold Apr 2014£234,650 | 4 Bed HouseLake Close6, Lake Close, Walsall, WS5 3PB
Sold Nov 2003£323,000 | 5 Bed HouseLake Close9, Lake Close, Walsall, WS5 3PB
Sold Aug 1995£150,000 | 5 Bed HouseLake Close9, Lake Close, Walsall, WS5 3PB
Nearby Postcodesto WS5 3PB
WS5 3PB is the 127th largest and the 794th most expensive postcode out of the 902 postcodes in the WS5 area.
- 97 mWS5 3PP, Gillity Avenue, Walsall, WS5WS5 3PP34 Addresses
- 123 mWS5 3PA, Lake Avenue, Walsall, WS5WS5 3PA47 Addresses
- 134 mWS5 3PF, Elizabeth Road, Walsall, WS5WS5 3PF29 Addresses
- 156 mWS5 3QD, Barry Road, Walsall, WS5WS5 3QD3 Addresses
- 177 mWS5 3PR, Connaught Close, Walsall, WS5WS5 3PR7 Addresses
- 186 mWS5 3QE, Greaves Avenue, Walsall, WS5WS5 3QE6 Addresses
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Property Typesin WS5 3PB
- 6 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (6)
- Unknown (2)
Energy Efficiencyof properties in WS5 3PB
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (2)
Schools Nearbyto WS5 3PB
The nearest primary school to WS5 3PB is Park Hall Infant Academy which is 361 metres away.
- 361mPark Hall Infant Academy
- 412mPark Hall Junior Academy
- 1.1kmSt Mary's The Mount Catholic Primary School
The nearest secondary school is Queen Mary's Grammar School which is 923 metres away.
- 923mQueen Mary's Grammar School
- 1.6kmBlue Coat Church of England Academy
- 2.0kmJoseph Leckie Academy
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Public Transport Nearbyto WS5 3PB
The closest station to WS5 3PB is Walsall station which is 2.3 kilometres away.
- 2.3kmWalsall
- 2.7kmTame Bridge Parkway
- 2.7kmBescot Stadium
- 5.0kmHamstead (Birmingham)
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