The average property value in Wyre Forest is £246,637 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Wyre Forest grew by £29,168. Compare house prices by area
Average property prices in Wyre Forest grew by 13.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 3.3% per year.
If prices in Wyre Forest continue to rise by 3.3% a year, the average property price will be £280,363 in 2025.
There were 1,331 property sales in Wyre Forest in the year ending June 2021, an increase of 61 when compared to the previous year.
The average price for a house in Wyre Forest ranges from £175,796 for a terraced house to £360,348 for a detached house, with semi-detached in between costing on average £216,602.
The average price for a flat or maisonette in Wyre Forest is £112,541.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Wyre Forest, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 31.1% from £274,790 to £360,348, semi-detached house prices have risen 44.2% from £150,165 to £216,602, terraced house prices have risen 42.5% from £123,329 to £175,796, and flat prices have risen 3.7% from £108,554 to £112,541.
The most common type of property sold in Wyre Forest during the year ending June 2021 was semi-detached houses, which accounted for 33.8% of properties.
The least commonly available type of property sold in Wyre Forest were flats, which account for 7.4% of properties sold.
Of the properties sold in Wyre Forest during 2021, 0.0% were new build properties.
The most common price band for property sales in Wyre Forest is £200k - £300k, which accounted for 21.8% of properties sold in 2021.
0.2% of properties in Wyre Forest had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Wyre Forest were in the under £50k price bracket, accounting for 0.2% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics