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Is Wolverhampton Really Overflowing with New Homes?
Wolverhampton seems to be buzzing with construction, but is it truly a sign of overdevelopment, or are we still playing catch-up with housing demand? For Wolverhampton homeowners and landlords, the answer to this question could have profound implications on property values and rental yields. Discover how these building trends might shape the local property market in ways you didn’t expect.
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This interesting question was posed by one of our Wolverhampton landlord’s teenage daughters when they dropped into the offices before the Christmas break (doesn’t that seem an age away now?).
We didn't know the answer, but we promised to find out. So, over the Christmas holidays, we worked out the total value of all the properties in Wolverhampton and, just for a bit of fun, worked out how much they have gone up in value since his daughter was born in the autumn of 2010.
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Welcome back to news of Wolverhampton's property market, where each week we bring you different local property market stats and trends. This week we are back again with the December's £/sq.ft statistics.
The average property presently in Wolverhampton is on the market for £269 per square foot, a figure representing the current heartbeat of Wolverhampton's property market.
Last month it was £266 per square foot.
That doesn’t mean Wolverhampton house prices have changed by that percentage, just the mix of properties for sale, thus changing the £/sq.ft figure. This snapshot is crucial for Wolverhampton homeowners and landlords; it's not just a number but a story of our community's property market.
Each month, we will revisit that figure and use it to gauge the health of our local property market.
Are you keen to know how your home aligns with these trends?
At Skitts, we invite you to a no obligation chat about your property's potential value – no strings attached.
Stay informed, stay ahead, and stay connected with Wolverhampton's property market beat.
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Wolverhampton homeowners and landlords, the UK property market saw a 15.4% rise in sales nationally last year – but how does Wolverhampton compare?
With unique local trends shaping our market, understanding what’s happening here is vital for making informed decisions in 2025. For insights and advice tailored to Wolverhampton, click the link to read the full article:
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Wolverhampton’s property market is undergoing a fascinating transformation, driven by shrinking household sizes and changing rental dynamics. From long-term value growth for homeowners to rising demand for smaller rental properties, the opportunities for landlords and investors in Wolverhampton have never been more promising.
To uncover the data and insights shaping Wolverhampton’s housing landscape, click the link to read the full article:
