Market outlook for WS3
Key indicators for buyers
The WS3 market is moderately favourable for buyers. Prices have softened (-16.5%), which could present a buying opportunity. Rising rents (£901/mo, +7.3%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Walsall area
A home in Walsall costs 6.4x the local median salary — moderate, improving from a peak of 6.5x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Walsall area
Average monthly rent in Walsall is £901, up 7.3% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Walsall price of £182,867 with a 25% deposit (£46k), a 2-year fixed mortgage at 3.97% costs around £722 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses WS3 avg. price with Walsall rental data
Monthly mortgage payments (£722) are £179 less than renting (£901). However, buying requires an upfront deposit of £46k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
15, WETHERBY ROAD WS3 3XX | Terraced | £205,000 | 23 Jan 2026 |
37, ST JOHNS ROAD, PELSALL WS3 4HA | Detached | £139,368 | 20 Jan 2026 |
30, FOUNTAINS ROAD WS3 2RL | Semi-detached | £123,000 | 16 Jan 2026 |
7, BELL TOWER CLOSE WS3 3FB | Flat/Maisonette | £100,000 | 16 Jan 2026 |
17, CHEPSTOW WAY WS3 2NB | Terraced | £112,500 | 16 Jan 2026 |
120, CHURCH STREET WS3 3JQ | Terraced | £142,500 | 16 Jan 2026 |
20, NEATH WAY, BLOXWICH WS3 2QY | Terraced | £230,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.