Redwood Road - WS5 4LB
Key Postcode Insights
WS5 4LB is a residential postcode situated on Redwood Road, Walsall, WS5 with 24 addresses.
It ranks as the 524th largest and 15th most expensive of the 902 postcodes in the WS5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 7 houses and 17 flats.
- Ave. Sale Price
- £130,291
- 10 Year change
- up 51.1%
- Ave. Rental Price
- £764pcm
- 10 Year change
- up 66.9%
- Ave. £ per ft²
- £113/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
WS5 4LB is a residential postcode situated on Redwood Road, Walsall, WS5 with 24 addresses.
It ranks as the 524th largest and 15th most expensive of the 902 postcodes in the WS5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 7 houses and 17 flats.
- Ave. Sale Price
- £130,291
- 10 Year change
- up 51.1%
- Ave. Rental Price
- £764pcm
- 10 Year change
- up 66.9%
- Ave. £ per ft²
- £113/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin WS5 4LB
- 14 Redwood Road
2 Bed Early-century Flat
- 16 Redwood Road
3 Bed Mid-century Flat
- 22 Redwood Road
3 Bed Mid-century Flat
- 26 Redwood Road
Unknown
- 28 Redwood Road
3 Bed Mid-century Flat
Sales Market Trends
The last sale in WS5 4LB sold for £95,000 on 28th February 2024. Since then prices are up an average of 5.0%.
The current average value in the postcode is £130,291.
The WS5 4LB Sales Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £130,291 |
| June 2025 | 1.4% | £128,919 |
| June 2024 | 2.9% | £127,086 |
| June 2023 | 1.2% | £123,479 |
| June 2022 | 10.6% | £122,023 |
| June 2021 | 5.5% | £110,287 |
| June 2020 | 6.1% | £104,508 |
| June 2019 | 2.9% | £98,462 |
| June 2018 | 5.7% | £95,675 |
| June 2017 | 5% | £90,509 |
| June 2016 | 3.9% | £86,212 |
| June 2015 | 2.9% | £83,005 |
| June 2014 | 3.6% | £80,683 |
| June 2013 | 1.6% | £77,915 |
| June 2012 | 1.2% | £76,698 |
| June 2011 | -6.8% | £75,814 |
| June 2010 | 4.3% | £81,321 |
| June 2009 | -15% | £77,985 |
| June 2008 | -1.7% | £91,755 |
| June 2007 | 0% | £93,298 |
Rental Market Trends
The current average rental value in the postcode is £764.
The WS5 4LB Rental Market has increased by 66.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £764pcm |
| June 2025 | 4.7% | £746pcm |
| June 2024 | 12.8% | £712pcm |
| June 2023 | 10.6% | £631pcm |
| June 2022 | 6% | £571pcm |
| June 2021 | 7.8% | £538pcm |
| June 2020 | 2.7% | £500pcm |
| June 2019 | 1.9% | £486pcm |
| June 2018 | 1.4% | £477pcm |
| June 2017 | 2.8% | £471pcm |
| June 2016 | 2.8% | £458pcm |
| June 2015 | 1.5% | £445pcm |
| June 2014 | 1.2% | £439pcm |
| June 2013 | 0.3% | £433pcm |
| June 2012 | 0.2% | £432pcm |
| June 2011 | 0.7% | £431pcm |
| June 2010 | 0.8% | £428pcm |
| June 2009 | -6.7% | £425pcm |
| June 2008 | 2% | £455pcm |
| June 2007 | 0% | £446pcm |
Sales History
The last sale was on 28th February 2024 for £95,000 and since then the market in the area has increased by 5.0%. The postcode has had a total of 2 sales since 1995.
WS5 4LB has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
WS5 4LB is the 524th largest and the 15th most expensive postcode out of the 902 postcodes in the WS5 area.
- WS5 4BG, The Primroses, Walsall, WS5WS5 4BG22 Addresses|89 m away
- WS5 4JZ, Deighton Road, Walsall, WS5WS5 4JZ39 Addresses|94 m away
- WS5 4LA, Haynes Lane, Walsall, WS5WS5 4LA7 Addresses|118 m away
- WS5 4LE, Redwood Road, Walsall, WS5WS5 4LE11 Addresses|127 m away
- WS5 4BT, Greenside Way, Walsall, WS5WS5 4BT18 Addresses|147 m away
Property Types
- 5 modern houses built after 1980
- 10 mid-century flats built between 1936 and 1979
- 3 early-century flats built between 1912 and 1935
- 6 other addresses of unknown type
- modern house (5)
- mid-century flat (10)
- early-century flat (3)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (15)
- G (0)
- D (2)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jan 2023£235,000 | 3 Bed House10, Redwood Road, Walsall, WS5 4LE10, Redwood Road, Walsall, WS5 4LE
- Sold Sep 2019£208,000 | 4 Bed House2, Redwood Road, Walsall, WS5 4LE2, Redwood Road, Walsall, WS5 4LE
- Sold Feb 2019£200,000 | 3 Bed House9, Redwood Road, Walsall, WS5 4LE9, Redwood Road, Walsall, WS5 4LE
Schools Nearby
- Yew Tree Primary School300 m away
- Delves Infant School700 m away
- Delves Junior School700 m away
- Q3 Academy Great Barr1.3 km away
- Joseph Leckie Academy1.5 km away
- Queen Mary's Grammar School2.1 km away
More reading links
Public Transport Nearby
The closest station to WS5 4LB is Tame Bridge Parkway station, which is 1.3 kilometres away.
- Tame Bridge Parkway|1.3 km away
- Bescot Stadium|2.1 km away
- Walsall|3.2 km away
- Hamstead (Birmingham)|3.8 km away
