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House Prices in B64 House Prices in B64 (Cradley Heath)

The average house price in B64 (Cradley Heath) is £225,928 using HM Land Registry data.

The average property price increased by £58,204 (12.54%) over the last 5 years and increased by £11,662 (2.08%) over the last 12 months.

Over the last year, there were 129 residential property sales – a decrease of 45 transactions (-34.88%) relative to the previous year. The majority of house sales (45) were in the £150,000 - £200,000 range. Then came properties in the £100,000 - £150,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,101 (-2%).

In Oct 24, there were 34 new estate agency instructions, 29 agreed home sales and 22 property price reductions.

Nearby Postcodes: B32, B45, B61, B62, B63, B65, B68, B69, DY1, DY2, DY3, DY4, DY5, DY6, DY8, DY9

5-Year Average Property Prices in B64 (Cradley Heath)

12.54%

Property prices in Cradley Heath increased by 12.54% 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 B64 (Cradley Heath) Over the Last Year

2.08%

Property prices in Cradley Heath increased by 2.08% 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 B64 (Cradley Heath) - Oct 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 B64 (Cradley Heath)

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 B64 (Cradley Heath)

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 B64 (Cradley Heath)

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 B64 (Cradley Heath) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B64 postcode area since 1995.

Recent Sales in B64 (Cradley Heath)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Wycherley Way, Cradley Heath, West Midlands, B64 6DA£120,000£118,000-£2,00021 Mar 202431 Jul 2024132 Days
50 Trejon Road, Cradley Heath, West Midlands, B64 7HL£245,000£238,500-£6,50018 Jan 202426 Jul 2024190 Days
9 Millennium Gardens, Cradley Heath, West Midlands, B64 5LL£210,000£205,000-£5,00008 Apr 202426 Jul 2024109 Days
18 Mildred Road, Cradley Heath, West Midlands, B64 5NJ£225,000£225,000£0013 Oct 202322 Jul 2024283 Days
10 Hayseech, Cradley Heath, West Midlands, B64 7JN£375,000£350,000-£25,00012 Jan 202416 Jul 2024186 Days
19 Unitt Drive, Cradley Heath, West Midlands, B64 6DB£250,000£240,000-£10,00023 Apr 202416 Jul 202484 Days
4 Zions Close, Cradley Heath, West Midlands, B64 6JZ£269,950£260,000-£9,95008 Jan 202407 Jun 2024151 Days
45 Castle Close, Cradley Heath, West Midlands, B64 6RN£230,000£225,000-£5,00028 Feb 202407 Jun 2024100 Days
77 Trejon Road, Cradley Heath, West Midlands, B64 7HJ£250,000£235,000-£15,00023 Mar 202424 May 202462 Days
3 Foxes Ridge, Cradley Heath, West Midlands, B64 7LB£300,000£295,000-£5,00003 Feb 202421 May 2024108 Days
13 Sidaway Street, Cradley Heath, West Midlands, B64 6HJ£170,000£165,000-£5,00026 Dec 202313 May 2024139 Days
8 Luanne Close, Cradley Heath, West Midlands, B64 6SH£109,950£107,000-£2,95016 Jan 202403 May 2024108 Days
1 Tinsley Avenue, Cradley Heath, West Midlands, B64 5JD£100,000£98,000-£2,00016 Feb 202402 May 202476 Days
40 Elbow Street, Cradley Heath, West Midlands, B64 6JP£115,000£110,000-£5,00016 Nov 202330 Apr 2024166 Days
8 Archer Gardens, Cradley Heath, West Midlands, B64 5EW£105,000£105,000£0001 Nov 202319 Apr 2024170 Days
5 Grange Road, Cradley Heath, West Midlands, B64 6RS£210,000£202,000-£8,00026 Dec 202303 Apr 202499 Days
14 Victoria Gardens, Cradley Heath, West Midlands, B64 5LX£80,000£79,000-£1,00031 Oct 202328 Mar 2024149 Days
67 Trejon Road, Cradley Heath, West Midlands, B64 7HJ£200,000£185,000-£15,00019 Apr 202322 Mar 2024338 Days
49 Trejon Road, Cradley Heath, West Midlands, B64 7HL£250,000£245,000-£5,00016 Sep 202308 Mar 2024174 Days
5 Barrs Crescent, Cradley Heath, West Midlands, B64 7EY£375,000£360,000-£15,00004 Aug 202308 Mar 2024217 Days

Most Expensive Streets in B64 (Cradley Heath)

PostcodeStreetAreaAverageNo. of Sales
B64 7JSThe CrescentCradley Heath£430,8333
B64 7HEHaden Park RoadCradley Heath£420,0004
B64 7LETimbertree RoadCradley Heath£403,1254
B64 7HFHaden Park RoadCradley Heath£399,7229
B64 7HBBarrs RoadCradley Heath£370,0003
B64 7ERRowley Hill ViewCradley Heath£362,6663
B64 7EZBarrs RoadCradley Heath£341,9374
B64 7JTHalesowen RoadCradley Heath£341,6663
B64 7HRCricketers MeadowCradley Heath£341,6254
B64 7RHBishops WalkCradley Heath£327,6663

Least Expensive Streets in B64 (Cradley Heath)

PostcodeStreetAreaAverageNo. of Sales
B64 6NWGreat Western DriveCradley Heath£80,0003
B64 5BFHampton Court, High Street, Cradley HeathCradley Heath£80,0008
B64 7DRRed Brick CloseCradley Heath£88,7503
B64 5LXVictoria GardensCradley Heath£91,1254
B64 5EWArcher GardensCradley Heath£97,2504
B64 5LNBeech MewsCradley Heath£98,3333
B64 6HBHingley Court, Hill PassageCradley Heath£98,8754
B64 6QJClifton StreetCradley Heath£100,6663
B64 5JEReddal Hill RoadCradley Heath£109,3758
B64 6DPMossvale CloseCradley Heath£113,5995

Explore B64 (Cradley Heath) using map

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