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House Prices in DY2 House Prices in DY2 (Dudley)

The average house price in DY2 (Dudley) is £179,944 using HM Land Registry data.

The average property price increased by £52,971 (38.47%) over the last 5 years and increased by £10,614 (5.35%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 102 transactions (-52.58%) relative to the previous year. The majority of house sales (58) were in the £174,000 - £206,000 range. Then came properties in the £142,000 - £174,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,361 (-3%).

In Oct 24, there were 44 new estate agency instructions, 43 agreed home sales and 46 property price reductions.

Nearby Postcodes: B61, B62, B63, B64, B65, B66, B68, B69, B70, DY1, DY10, DY11, DY12, DY13, DY14, DY3, DY4, DY5, DY6, DY7, DY8, DY9, SY8, WR15, WR6, WR9, WS10, WV14, WV15, WV16, WV98

5-Year Average Property Prices in DY2 (Dudley)

38.47%

Property prices in Dudley increased by 38.47% 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 DY2 (Dudley) Over the Last Year

5.35%

Property prices in Dudley increased by 5.35% 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 DY2 (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 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 DY2 (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 DY2 (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 DY2 (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 DY2 (Dudley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DY2 postcode area since 1995.

Recent Sales in DY2 (Dudley)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Hillmeads Drive, Dudley, West Midlands, DY2 7TS£375,000£345,000-£30,00026 Feb 202420 Aug 2024176 Days
20 Orchard Road, Dudley, West Midlands, DY2 0DN£250,000£235,000-£15,00023 Apr 202412 Aug 2024111 Days
10 Northfield Road, Dudley, West Midlands, DY2 9JA£210,000£207,000-£3,00002 Jan 202412 Aug 2024223 Days
11 Monarch Way, Dudley, West Midlands, DY2 0LD£410,000£395,000-£15,00012 Sep 202309 Aug 2024332 Days
15 Weavers Rise, Netherton, Dudley, West Midlands, DY2 9QL£180,000£175,000-£5,00027 Apr 202409 Aug 2024104 Days
34 Chichester Avenue, Netherton, Dudley, West Midlands, DY2 9JJ£162,500£158,000-£4,50018 Apr 202425 Jul 202498 Days
53 Lynbrook Close, Netherton, Dudley, West Midlands, DY2 9HE£260,000£247,500-£12,50010 Nov 202319 Jul 2024252 Days
40 Crabourne Road, Dudley, West Midlands, DY2 0EJ£318,000£310,000-£8,00029 Jan 202412 Jul 2024165 Days
14 Newick Street, Dudley, West Midlands, DY2 0LH£174,500£170,000-£4,50026 Jan 202418 Jun 2024144 Days
62 Crabourne Road, Dudley, West Midlands, DY2 0EJ£199,950£195,000-£4,95017 Jan 202414 Jun 2024149 Days
16 Crossgate Road, Dudley, West Midlands, DY2 0SY£190,000£160,000-£30,00020 Mar 202414 Jun 202486 Days
45 Withymoor Road, Dudley, West Midlands, DY2 9LA£250,000£230,000-£20,00013 Dec 202307 Jun 2024177 Days
29 Fladbury Close, Dudley, West Midlands, DY2 9QJ£254,000£248,000-£6,00001 Feb 202417 May 2024106 Days
6 Pavilion Gardens, Dudley, West Midlands, DY2 0DE£225,000£220,000-£5,00006 Mar 202410 May 202465 Days
48 Brettell Street, Dudley, West Midlands, DY2 8XJ£110,000£104,000-£6,00023 Oct 202309 May 2024199 Days
24 Haig Road, Dudley, West Midlands, DY2 7QR£165,000£160,000-£5,00018 Dec 202303 May 2024137 Days
31 Castleton Street, Dudley, West Midlands, DY2 0LX£160,000£160,000£0008 Aug 202303 May 2024269 Days
2 Baptist End Road, Netherton, Dudley, West Midlands, DY2 9BU£240,000£232,500-£7,50012 Aug 202326 Apr 2024258 Days
17 Lyndale Road, Dudley, West Midlands, DY2 8BP£186,000£186,000£0024 Oct 202311 Apr 2024170 Days
40 Chichester Avenue, Netherton, Dudley, West Midlands, DY2 9JJ£200,000£200,000£0006 Dec 202310 Apr 2024126 Days

Most Expensive Streets in DY2 (Dudley)

PostcodeStreetAreaAverageNo. of Sales
DY2 7TQOakham RoadDudley£423,7504
DY2 7TGElizabeth GroveDudley£369,2504
DY2 7TRHillman DriveDudley£366,1663
DY2 7THOakham RoadDudley£364,5805
DY2 0LDMonarch WayDudley£347,3333
DY2 0EEMushroom GreenDudley£337,7438
DY2 8AHVauxhall GardensDudley£316,8005
DY2 7TBOakham RoadDudley£311,6663
DY2 7TSHillmeads DriveDudley£308,3333
DY2 9HQSt Peters Road, NethertonDudley£282,6005

Least Expensive Streets in DY2 (Dudley)

PostcodeStreetAreaAverageNo. of Sales
DY2 9RJAustin House, Cradley RoadDudley£43,7506
DY2 7DFMoncrieffe CloseDudley£66,5005
DY2 8PDCastle Court, The MinoriesDudley£71,5003
DY2 8PGCastle Court, The MinoriesDudley£78,0004
DY2 8XLGammage StreetDudley£91,5005
DY2 8JTLister RoadDudley£98,1663
DY2 8ANBluestone Court, New Rowley RoadDudley£100,8333
DY2 0YAIvanhoe StreetDudley£102,6666
DY2 8EABuffery RoadDudley£103,1663
DY2 9BZPark Road, NethertonDudley£104,3333

Explore DY2 (Dudley) using map

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