Lanes Close - WV5 8JD
Key Street Insights
Lanes Close is a residential street with 8 addresses.
It ranks as the 70th largest and 24th most expensive of the 298 streets in the WV5 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 7 houses and 1 other property.
- Ave. Sale Price
- £224,592
- 10 Year change
- up 56.5%
- Ave. Rental Price
- £1,116pcm
- 10 Year change
- up 71.4%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Street Insights
Lanes Close is a residential street with 8 addresses.
It ranks as the 70th largest and 24th most expensive of the 298 streets in the WV5 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 7 houses and 1 other property.
- Ave. Sale Price
- £224,592
- 10 Year change
- up 56.5%
- Ave. Rental Price
- £1,116pcm
- 10 Year change
- up 71.4%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties on Lanes Close, Wombourne, Wolverhampton, WV5
- 1 Lanes Close
2 Bed Mid-century House
- 2 Lanes Close
2 Bed Mid-century House
- 3 Lanes Close
2 Bed Mid-century House
- 4 Lanes Close
House
- 5 Lanes Close
2 Bed Mid-century House
Sales Market Trends
The last sale on Lanes Close sold for £215,000 on 10th November 2023. Since then prices are up an average of 4.5%.
The current average value in the street is £224,592.
The Lanes Close Sales Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £224,592 |
| June 2025 | 2.7% | £216,663 |
| June 2024 | -2.2% | £210,908 |
| June 2023 | 4.7% | £215,562 |
| June 2022 | 11.9% | £205,934 |
| June 2021 | 5.8% | £183,987 |
| June 2020 | 2.9% | £173,933 |
| June 2019 | 5.5% | £168,956 |
| June 2018 | 4.3% | £160,096 |
| June 2017 | 6.9% | £153,424 |
| June 2016 | 8.1% | £143,516 |
| June 2015 | -5.3% | £132,741 |
| June 2014 | 11.4% | £140,117 |
| June 2013 | 1.5% | £125,830 |
| June 2012 | -2.9% | £123,940 |
| June 2011 | -1.3% | £127,603 |
| June 2010 | 3.6% | £129,226 |
| June 2009 | -3.8% | £124,784 |
| June 2008 | -4.3% | £129,752 |
| June 2007 | 0% | £135,526 |
Rental Market Trends
The current average rental value in the street is £1,116.
The Lanes Close Rental Market has increased by 71.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £1,116pcm |
| June 2025 | 7.5% | £1,058pcm |
| June 2024 | 7.2% | £984pcm |
| June 2023 | 7.5% | £918pcm |
| June 2022 | 9% | £854pcm |
| June 2021 | 7.2% | £784pcm |
| June 2020 | 3% | £731pcm |
| June 2019 | 3.7% | £710pcm |
| June 2018 | 1.4% | £685pcm |
| June 2017 | 3.7% | £675pcm |
| June 2016 | 3.2% | £651pcm |
| June 2015 | 1.9% | £631pcm |
| June 2014 | 4% | £619pcm |
| June 2013 | -0.9% | £596pcm |
| June 2012 | 1.2% | £601pcm |
| June 2011 | 2.7% | £594pcm |
| June 2010 | 2.7% | £578pcm |
| June 2009 | -7.6% | £563pcm |
| June 2008 | 4.2% | £609pcm |
| June 2007 | 0% | £584pcm |
Sales History
The last recorded sale was on 10th November 2023 for £215,000 and since then the market in the area has increased by 4.5%.
Lanes Close, Wombourne, Wolverhampton, WV5 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Nov 2023£215,000 | 2 Bed House3, Lanes Close, Wolverhampton, WV5 8JD3, Lanes Close, Wolverhampton, WV5 8JD
- Sold Jun 2021£195,000 | 3 Bed House7, Lanes Close, Wolverhampton, WV5 8JD7, Lanes Close, Wolverhampton, WV5 8JD
- Sold Jun 2018£128,000 | 2 Bed House2, Lanes Close, Wolverhampton, WV5 8JD2, Lanes Close, Wolverhampton, WV5 8JD
Top 3 Most Expensive Sales
- Sold Nov 2023£215,000 | 2 Bed House3, Lanes Close, Wolverhampton, WV5 8JD3, Lanes Close, Wolverhampton, WV5 8JD
- Sold Jun 2021£195,000 | 3 Bed House7, Lanes Close, Wolverhampton, WV5 8JD7, Lanes Close, Wolverhampton, WV5 8JD
- Sold May 2015£139,000 | 2 Bed House6, Lanes Close, Wolverhampton, WV5 8JD6, Lanes Close, Wolverhampton, WV5 8JD
Nearby Streets
Lanes Close, Wombourne, Wolverhampton, WV5 is the 70th largest and the 24th most expensive street in the WV5 area.
- Millfields Way, Wombourne, Wolverhampton, WV581 Addresses|16 m away
- Longford Close, Wombourne, Wolverhampton, WV519 Addresses|59 m away
- Stoneybrook Leys, Wombourne, Wolverhampton, WV529 Addresses|60 m away
- The Shales, Wombourne, Wolverhampton, WV54 Addresses|89 m away
- Wodehouse Close, Wombourne, Wolverhampton, WV513 Addresses|97 m away
- Crane Hollow, Wombourne, Wolverhampton, WV59 Addresses|117 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (1)
Schools Nearby
- St Bernadette's Catholic Primary School800 m away
- Blakeley Heath Primary School1.1 km away
- Westfield Primary School1.2 km away
- Wombourne High School1.0 km away
- Summerhill School4.1 km away
- Kingswinford Academy4.2 km away
More reading links
Public Transport Nearby
The closest station to Lanes Close, Wombourne, Wolverhampton, WV5 - WV5 8JD is Coseley station, which is 8.4 kilometres away.
- Coseley|8.4 km away
- Wolverhampton|8.8 km away
- Stourbridge Town|9.3 km away
