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House Prices in B62 House Prices in B62 (Halesowen)

The average house price in B62 (Halesowen) is £231,923 using HM Land Registry data.

The average property price increased by £57,622 (33.63%) over the last 5 years and increased by £11,545 (4.83%) over the last 12 months.

Over the last year, there were 253 residential property sales – a decrease of 29 transactions (-11.46%) relative to the previous year. The majority of house sales (62) were in the £196,000 - £252,000 range. Then came properties in the £252,000 - £308,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 98 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,730 (-2%).

In Dec 24, there were 20 new estate agency instructions, 34 agreed home sales and 15 property price reductions.

Nearby Postcodes: B17, B29, B31, B32, B45, B48, B60, B61, B63, B64, B65, B66, B67, B68, B69, DY10, DY2, DY5, DY8, DY9, WR9

5-Year Average Property Prices in B62 (Halesowen)

33.63%

Property prices in Halesowen increased by 33.63% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B62 (Halesowen) Over the Last Year

4.83%

Property prices in Halesowen increased by 4.83% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for B62 (Halesowen) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B62 (Halesowen)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B62 (Halesowen)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B62 (Halesowen)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B62 (Halesowen) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B62 postcode area since 1995.

Recent Sales in B62 (Halesowen)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
81 Kent Road, Halesowen, West Midlands, B62 8PE£595,000£585,000-£10,00010 Jul 202420 Nov 2024133 Days
63 Stanmore Grove, Halesowen, West Midlands, B62 0HG£260,000£252,000-£8,00013 Oct 202308 Nov 2024392 Days
7 Firth Park Crescent, Hurst Green, Halesowen, West Midlands, B62 9PG£300,000£290,000-£10,00028 May 202408 Nov 2024164 Days
20 Clivedon Way, Halesowen, West Midlands, B62 8TB£295,000£288,000-£7,00030 May 202401 Nov 2024155 Days
2 Carters Lane, Halesowen, West Midlands, B62 0BP£325,000£320,000-£5,00003 Jun 202401 Nov 2024151 Days
46 Hillbrow Crescent, Halesowen, West Midlands, B62 9RU£260,000£257,000-£3,00016 Aug 202428 Oct 202473 Days
66 Manor Lane, Halesowen, West Midlands, B62 8QD£500,000£480,000-£20,00019 Jul 202424 Oct 202497 Days
34 Cloister Drive, Halesowen, West Midlands, B62 8RA£450,000£435,000-£15,00028 Mar 202422 Oct 2024208 Days
15 Hoosen Close, Halesowen, West Midlands, B62 9DG£250,000£250,000£0024 Jul 202418 Oct 202486 Days
34 Manor Abbey Road, Halesowen, West Midlands, B62 0AG£425,000£420,000-£5,00010 May 202411 Oct 2024154 Days
20 Frankley Avenue, Halesowen, West Midlands, B62 0EH£475,000£468,000-£7,00027 Feb 202411 Oct 2024227 Days
5 Lavinia Road, Halesowen, West Midlands, B62 0BA£575,000£550,000-£25,00015 Dec 202308 Oct 2024298 Days
140 Coombs Road, Halesowen, West Midlands, B62 8AF£140,000£130,000-£10,00009 Feb 202404 Oct 2024238 Days
94 Hamilton Avenue, Halesowen, West Midlands, B62 8SJ£295,000£280,000-£15,00007 May 202403 Oct 2024149 Days
14 Oaklands, Halesowen, West Midlands, B62 0JA£240,000£235,000-£5,00030 Jul 202430 Sep 202462 Days
20 Hiplands Road, Halesowen, West Midlands, B62 0AE£480,000£460,000-£20,00005 Sep 202316 Sep 2024377 Days
111 Narrow Lane, Halesowen, West Midlands, B62 9PF£225,000£196,000-£29,00031 Jul 202406 Sep 202437 Days
17 Kiniths Way, Halesowen, West Midlands, B62 9HJ£325,000£320,000-£5,00022 Mar 202405 Sep 2024167 Days
49 Shenstone Valley Road, Halesowen, West Midlands, B62 9TH£315,000£308,000-£7,00019 Mar 202420 Aug 2024154 Days
7 Fulwood Avenue, Halesowen, West Midlands, B62 9SA£245,000£233,000-£12,00002 Feb 202409 Aug 2024189 Days

Most Expensive Streets in B62 (Halesowen)

PostcodeStreetAreaAverageNo. of Sales
B62 0NFSt Kenelms Road, RomsleyHalesowen£1,250,0003
B62 0BGLodge CloseHalesowen£734,6663
B62 0JJBromsgrove Road, HunningtonHalesowen£581,1663
B62 0JUBromsgrove Road, HunningtonHalesowen£580,8333
B62 0JNBromsgrove Road, HunningtonHalesowen£567,4994
B62 0AAManor Abbey RoadHalesowen£538,3754
B62 8PXWelbeck CloseHalesowen£532,6663
B62 0HBGreen Lane, Chapmans HillHalesowen£478,3333
B62 8RACloister DriveHalesowen£476,6663
B62 0PDWinston Drive, RomsleyHalesowen£455,0003

Least Expensive Streets in B62 (Halesowen)

PostcodeStreetAreaAverageNo. of Sales
B62 9DJLong LaneHalesowen£78,3333
B62 9EQNew EnglandHalesowen£89,1905
B62 8SQSandals RiseHalesowen£110,0628
B62 9QHMiddlefield GardensHalesowen£113,2504
B62 8NQHillwood RoadHalesowen£119,6003
B62 9BQVictoria Court, Binswood RoadHalesowen£123,4005
B62 9PLWitton BankHalesowen£127,6005
B62 8PFShenstone FlatsHalesowen£131,8333
B62 9NALarkspur Court, Narrow LaneHalesowen£134,1124
B62 8HHNew John StreetHalesowen£138,3333

Explore B62 (Halesowen) using map

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