House Prices in DY1 House Prices in DY1 (Dudley)

The average house price in DY1 (Dudley) is £219,495 using HM Land Registry data.

The average property price increased by £73,619 (32.45%) over the last 5 years and increased by £14,751 (4.69%) over the last 12 months.

Over the last year, there were 174 residential property sales – a decrease of 89 transactions (-51.15%) relative to the previous year. The majority of house sales (50) were in the £164,000 - £208,000 range. Then came properties in the £208,000 - £252,000 range, where 39 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 £-8,379 (-3%).

In Oct 24, there were 52 new estate agency instructions, 52 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in DY1 (Dudley)

32.45%

Property prices in Dudley increased by 32.45% 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 DY1 (Dudley) Over the Last Year

4.69%

Property prices in Dudley increased by 4.69% 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 DY1 (Dudley) - 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 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 DY1 (Dudley)

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 DY1 (Dudley)

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 DY1 (Dudley)

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 DY1 (Dudley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DY1 postcode area since 1995.

Recent Sales in DY1 (Dudley)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Northgate Close, Dudley, West Midlands, DY1 3HJ£219,950£219,950£0009 Dec 202323 Apr 2024136 Days
15 Breamore Crescent, Dudley, West Midlands, DY1 3DA£325,000£315,000-£10,00005 Aug 202309 Apr 2024248 Days
73 Pensnett Road, Dudley, West Midlands, DY1 2EZ£189,950£180,000-£9,95004 Oct 202303 Apr 2024182 Days
1 Montpellier Gardens, Dudley, West Midlands, DY1 2UQ£374,950£365,000-£9,95023 Jun 202322 Mar 2024273 Days
75 Middlepark Road, Dudley, West Midlands, DY1 2LL£225,000£225,000£0027 Sep 202328 Feb 2024154 Days
5 Traquain Drive, Dudley, West Midlands, DY1 3DG£430,000£395,000-£35,00019 Oct 202327 Feb 2024131 Days
229 The Broadway, Dudley, West Midlands, DY1 3DX£325,000£320,000-£5,00018 Oct 202323 Feb 2024128 Days
78 Spring Parklands, Dudley, West Midlands, DY1 2DL£125,000£88,000-£37,00012 Aug 201116 Feb 20244571 Days
11 Thoresby Croft, Dudley, West Midlands, DY1 3DQ£300,000£300,000£0007 Sep 202316 Feb 2024162 Days
37 Maitland Road, Dudley, West Midlands, DY1 2NU£190,000£185,000-£5,00005 Sep 202316 Feb 2024164 Days
15 Magdalen Close, Dudley, West Midlands, DY1 2SF£200,000£180,000-£20,00014 Mar 202309 Feb 2024332 Days
30 Edward Street, Dudley, West Midlands, DY1 2AE£140,000£140,000£0011 Sep 202307 Feb 2024149 Days
225 Sedgley Road, Woodsetton, Dudley, West Midlands, DY1 4LQ£249,950£222,500-£27,45004 Oct 202302 Feb 2024121 Days
3 Cherry Hill Walk, Dudley, West Midlands, DY1 2EA£350,000£340,000-£10,00019 Jan 202426 Jan 20247 Days
64 Aintree Way, Dudley, West Midlands, DY1 2SL£375,000£370,000-£5,00016 Aug 202326 Jan 2024163 Days
153 Corbyn Road, Dudley, West Midlands, DY1 2JY£180,000£180,000£0017 Aug 202322 Jan 2024158 Days
8 Montrose Drive, Dudley, West Midlands, DY1 2JA£210,000£189,000-£21,00025 Apr 202319 Jan 2024269 Days
30a, Corser Street, Dudley, West Midlands, DY1 2QU£229,950£225,000-£4,95030 Jun 202319 Jan 2024203 Days
61 Breamore Crescent, Dudley, West Midlands, DY1 3DA£425,000£395,000-£30,00021 Jun 202317 Jan 2024210 Days
69 Hawkesley Road, Dudley, West Midlands, DY1 2HP£169,950£157,000-£12,95014 Feb 202312 Jan 2024332 Days

Most Expensive Streets in DY1 (Dudley)

PostcodeStreetAreaAverageNo. of Sales
DY1 3LUSnowshill GardensDudley£401,6663
DY1 2UQMontpellier GardensDudley£351,6503
DY1 3DBKinloch DriveDudley£340,8005
DY1 2GEShipton CloseDudley£340,3166
DY1 3DABreamore CrescentDudley£330,5008
DY1 2URYarner CloseDudley£330,3754
DY1 4AZPaganel DriveDudley£329,8333
DY1 2RPWilmot GardensDudley£327,9003
DY1 3EDPriory CloseDudley£321,6254
DY1 2GGCharlecote DriveDudley£320,0006

Least Expensive Streets in DY1 (Dudley)

PostcodeStreetAreaAverageNo. of Sales
DY1 2DGMarmion GroveDudley£84,1663
DY1 3HNSouthgate WayDudley£89,3339
DY1 4AEPage's CroftDudley£93,9006
DY1 2AEEdward StreetDudley£99,1663
DY1 1EPPriory StreetDudley£101,9005
DY1 3JFSt James's RoadDudley£102,2229
DY1 1LFCastle StreetDudley£107,5004
DY1 4SHTipton RoadDudley£107,6119
DY1 4EHPriory RoadDudley£109,0003
DY1 3TBBurton RoadDudley£113,5836

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