House Prices in B69 House Prices in B69 (Oldbury)

The average house price in B69 (Oldbury) is £197,800 using HM Land Registry data.

The average property price increased by £71,259 (7.42%) over the last 5 years and increased by £14,278 (1.28%) over the last 12 months.

Over the last year, there were 177 residential property sales – a decrease of 121 transactions (-68.36%) relative to the previous year. The majority of house sales (52) were in the £178,000 - £212,000 range. Then came properties in the £212,000 - £246,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,352 (-1%).

In Oct 24, there were 48 new estate agency instructions, 27 agreed home sales and 38 property price reductions.

5-Year Average Property Prices in B69 (Oldbury)

7.42%

Property prices in Oldbury increased by 7.42% 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 B69 (Oldbury) Over the Last Year

1.28%

Property prices in Oldbury increased by 1.28% 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 B69 (Oldbury) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 B69 (Oldbury)

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 B69 (Oldbury)

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 B69 (Oldbury)

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 B69 (Oldbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B69 postcode area since 1995.

Recent Sales in B69 (Oldbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 New Birmingham Road, Tividale, Oldbury, West Midlands, B69 2JJ£220,000£214,000-£6,00005 Jun 202423 Aug 202479 Days
58 Clay Lane, Oldbury, West Midlands, B69 4SY£200,000£198,000-£2,00026 Dec 202301 Aug 2024219 Days
31 Titford Road, Oldbury, West Midlands, B69 4PY£160,000£155,000-£5,00006 Sep 202331 Jul 2024329 Days
11 Chamberlain Close, Tividale, Oldbury, West Midlands, B69 3LY£190,000£188,000-£2,00024 Jan 202426 Jul 2024184 Days
209 Titford Road, Oldbury, West Midlands, B69 4QE£210,000£205,000-£5,00006 Oct 202324 Jul 2024292 Days
58 Dingle Street, Oldbury, West Midlands, B69 2DY£180,000£180,000£0005 Jun 202324 Jul 2024415 Days
113 Birch Crescent, Tividale, Oldbury, West Midlands, B69 1UF£215,000£210,000-£5,00015 Apr 202419 Jul 202495 Days
178 Birmingham Road, Oldbury, West Midlands, B69 4EH£220,000£216,000-£4,00020 Feb 202411 Jul 2024142 Days
3 Quayside Close, Oldbury, West Midlands, B69 2DB£75,000£68,000-£7,00025 Nov 202320 Jun 2024208 Days
10 Sunningdale Drive, Tividale, Oldbury, West Midlands, B69 1PX£280,000£278,000-£2,00030 Sep 202317 Jun 2024261 Days
49 Dudley Road East, Tividale, Oldbury, West Midlands, B69 3HL£300,000£290,000-£10,00026 Feb 202407 Jun 2024102 Days
20 St Andrews Drive, Tividale, Oldbury, West Midlands, B69 1PR£285,000£277,000-£8,00009 Nov 202307 Jun 2024211 Days
131 Oakham Road, Tividale, Oldbury, West Midlands, B69 1QH£270,000£243,000-£27,00013 Feb 202403 Jun 2024111 Days
9 Goldencrest Drive, Oldbury, West Midlands, B69 2DQ£220,000£215,000-£5,00024 Oct 202331 May 2024220 Days
34 Muirfield Crescent, Tividale, Oldbury, West Midlands, B69 1PN£280,000£275,000-£5,00023 Jan 202431 May 2024129 Days
25 Strawberry Close, Tividale, Oldbury, West Midlands, B69 1NU£340,000£340,000£0004 Oct 202303 May 2024212 Days
31 Aston Road, Tividale, Oldbury, West Midlands, B69 1TW£180,000£179,000-£1,00006 Feb 202409 Apr 202463 Days
70 Alexandra Way, Tividale, Oldbury, West Midlands, B69 2LX£240,000£235,000-£5,00010 Aug 202328 Mar 2024231 Days
66 Shinwell Crescent, Tividale, Oldbury, West Midlands, B69 3LQ£240,000£237,000-£3,00004 Jan 202422 Mar 202478 Days
57 Darbys Hill Road, Tividale, Oldbury, West Midlands, B69 1SD£350,000£350,000£0012 Mar 202415 Mar 20243 Days

Most Expensive Streets in B69 (Oldbury)

PostcodeStreetAreaAverageNo. of Sales
B69 1QHOakham Road, TividaleOldbury£442,0003
B69 1RABarley Fields, TividaleOldbury£335,6254
B69 1UUView Point, TividaleOldbury£326,3336
B69 1SDDarbys Hill Road, TividaleOldbury£318,0005
B69 1PZOakham Road, TividaleOldbury£315,6005
B69 2HYRedwood Drive, TividaleOldbury£299,1663
B69 1NYLudgate Close, TividaleOldbury£297,4916
B69 1NQWakeman Drive, TividaleOldbury£290,0003
B69 1JPTaylor WayOldbury£289,0007
B69 2HALower City Road, TividaleOldbury£286,6586

Least Expensive Streets in B69 (Oldbury)

PostcodeStreetAreaAverageNo. of Sales
B69 2JLSt Michaels Mews, TividaleOldbury£53,0005
B69 1TPRed Lion Close, TividaleOldbury£66,6254
B69 2LEOakthorpe Gardens, TividaleOldbury£67,1005
B69 2DBQuayside CloseOldbury£68,5004
B69 4DFMill LaneOldbury£71,3333
B69 4FJMaltings AvenueOldbury£74,1004
B69 2LFOakthorpe Gardens, TividaleOldbury£89,5004
B69 2DDThe MooringsOldbury£93,5004
B69 2FDBrades RoadOldbury£97,0004
B69 4DGNew Meeting StreetOldbury£100,4374

Explore B69 (Oldbury) using map