House Prices in DY3 House Prices in DY3 (Dudley)

The average house price in DY3 (Dudley) is £278,972 using HM Land Registry data.

The average property price increased by £59,873 (42.54%) over the last 5 years and increased by £11,996 (5.77%) over the last 12 months.

Over the last year, there were 248 residential property sales – a decrease of 155 transactions (-62.50%) relative to the previous year. The majority of house sales (58) were in the £184,000 - £228,000 range. Then came properties in the £228,000 - £272,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,634 (-3%).

In Oct 24, there were 69 new estate agency instructions, 59 agreed home sales and 55 property price reductions.

5-Year Average Property Prices in DY3 (Dudley)

42.54%

Property prices in Dudley increased by 42.54% 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 DY3 (Dudley) Over the Last Year

5.77%

Property prices in Dudley increased by 5.77% 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 DY3 (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 DY3 (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 DY3 (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 DY3 (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 DY3 (Dudley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DY3 postcode area since 1995.

Recent Sales in DY3 (Dudley)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Brookdale, Lower Gornal, Dudley, West Midlands, DY3 2HE£259,950£259,000-£95020 Sep 202307 Aug 2024322 Days
49 Longmeadow Drive, Sedgley, Dudley, West Midlands, DY3 3QH£315,000£295,000-£20,00001 Mar 202424 Jul 2024145 Days
370 Himley Road, Gornal Wood, Dudley, West Midlands, DY3 2QA£350,000£300,000-£50,00026 Dec 202219 Jul 2024571 Days
63 Brownswall Road, Sedgley, Dudley, West Midlands, DY3 3NS£310,000£310,000£0019 Apr 202412 Jul 202484 Days
11 Wrekin View Road, Dudley, West Midlands, DY3 3TD£240,000£238,000-£2,00009 Oct 202312 Jul 2024277 Days
19 Penn Road, Dudley, Staffordshire, DY3 4AG£525,000£480,000-£45,00007 Aug 202312 Jul 2024340 Days
32 The Quadrant, Sedgley, Dudley, West Midlands, DY3 1PP£199,950£192,500-£7,45009 Feb 202405 Jul 2024147 Days
11 The Priory, Dudley, West Midlands, DY3 3UB£499,000£430,000-£69,00018 Mar 202405 Jul 2024109 Days
15 Penns Wood Close, Dudley, West Midlands, DY3 3QT£280,000£280,000£0001 Feb 202404 Jul 2024154 Days
42 Redhall Road, Dudley, West Midlands, DY3 2NU£395,000£395,000£0012 Oct 202304 Jul 2024266 Days
124 Summer Lane, Dudley, West Midlands, DY3 2EX£250,000£247,000-£3,00024 Jan 202403 Jul 2024161 Days
65 Grosvenor Road, Lower Gornal, Dudley, West Midlands, DY3 2PS£95,000£92,000-£3,00021 Sep 202302 Jul 2024285 Days
12 Brandon Close, Dudley, West Midlands, DY3 1BB£285,000£280,000-£5,00012 May 202301 Jul 2024416 Days
28 Longfellow Road, Lower Gornal, Dudley, West Midlands, DY3 3ED£250,000£240,000-£10,00015 Mar 202428 Jun 2024105 Days
5 Mount Close, Dudley, West Midlands, DY3 2PU£220,000£205,000-£15,00027 Mar 202428 Jun 202493 Days
3 Meadow View, Sedgley, Dudley, West Midlands, DY3 3EX£324,950£324,950£0015 Sep 202327 Jun 2024286 Days
80 Gorge Road, Dudley, West Midlands, DY3 1LA£289,950£281,500-£8,45008 Mar 202421 Jun 2024105 Days
27 Rowan Road, Dudley, West Midlands, DY3 1LG£200,000£200,000£0003 Feb 202421 Jun 2024139 Days
14 School Street, Sedgley, Dudley, West Midlands, DY3 1HU£160,000£160,000£0015 Feb 202421 Jun 2024127 Days
23 Botany Drive, Upper Gornal, Dudley, West Midlands, DY3 3XT£318,500£310,000-£8,50005 Jan 202418 Jun 2024165 Days

Most Expensive Streets in DY3 (Dudley)

PostcodeStreetAreaAverageNo. of Sales
DY3 4BGLydiate Hill RoadDudley£680,0004
DY3 4PLChapel Lane, SwindonDudley£577,8005
DY3 4AGPenn RoadDudley£548,0004
DY3 3RZGreenleighs, SedgleyDudley£523,3163
DY3 4PFBaldwin Way, SwindonDudley£508,1254
DY3 4AQPenn RoadDudley£492,5004
DY3 3YGCotwall End RoadDudley£475,0003
DY3 3UECatholic Lane, SedgleyDudley£456,2504
DY3 4LJBridgnorth Road, HimleyDudley£451,7857
DY3 4LGSchool Road, HimleyDudley£448,0005

Least Expensive Streets in DY3 (Dudley)

PostcodeStreetAreaAverageNo. of Sales
DY3 1UHJockey Field, Upper GornalDudley£65,0003
DY3 3SPEttymore CloseDudley£86,7504
DY3 1TDDudley RoadDudley£92,7005
DY3 2QLCentral DriveDudley£96,3333
DY3 1SPHolborn House, High HolbornDudley£109,1663
DY3 2DHHilary CrestDudley£116,1666
DY3 2AAJews LaneDudley£116,8256
DY3 2PETemple StreetDudley£121,7506
DY3 2JGKennedy Crescent, Lower GornalDudley£124,3333
DY3 2BDKinfare RiseDudley£125,1119

Explore DY3 (Dudley) using map