House Prices in DY5 House Prices in DY5 (Brierley Hill)

The average house price in DY5 (Brierley Hill) is £210,428 using HM Land Registry data.

The average property price increased by £44,270 (35.26%) over the last 5 years and increased by £8,870 (5.01%) over the last 12 months.

Over the last year, there were 340 residential property sales – a decrease of 79 transactions (-23.24%) relative to the previous year. The majority of house sales (77) were in the £178,000 - £212,000 range. Then came properties in the £144,000 - £178,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 129 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,719 (-2%).

In Dec 24, there were 21 new estate agency instructions, 25 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in DY5 (Brierley Hill)

35.26%

Property prices in Brierley Hill increased by 35.26% 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 DY5 (Brierley Hill) Over the Last Year

5.01%

Property prices in Brierley Hill increased by 5.01% 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 DY5 (Brierley Hill) - Dec 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 DY5 (Brierley Hill)

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 DY5 (Brierley Hill)

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 DY5 (Brierley Hill)

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 DY5 (Brierley Hill) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DY5 postcode area since 1995.

Recent Sales in DY5 (Brierley Hill)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Bath Road, Quarry Bank, Brierley Hill, West Midlands, DY5 1AZ£170,000£164,250-£5,75019 Jan 202415 Nov 2024301 Days
17 Hordern Crescent, Brierley Hill, West Midlands, DY5 2NR£207,000£207,000£0023 Jul 202415 Nov 2024115 Days
26 Woodfield Avenue, Brierley Hill, West Midlands, DY5 4RE£265,000£265,000£0008 May 202412 Nov 2024188 Days
33 Bower Lane, Quarry Bank, Brierley Hill, West Midlands, DY5 2DP£190,000£185,000-£5,00027 Feb 202401 Nov 2024248 Days
2 Larksfield Mews, Brierley Hill, West Midlands, DY5 2HH£180,000£172,000-£8,00016 Apr 202401 Nov 2024199 Days
100 Hawbush Road, Brierley Hill, West Midlands, DY5 3NE£210,000£207,000-£3,00015 Aug 202431 Oct 202477 Days
68 Tansey Green Road, Brierley Hill, West Midlands, DY5 4TE£199,995£192,000-£7,99502 Aug 202429 Oct 202488 Days
23 Hern Road, Brierley Hill, West Midlands, DY5 2PN£229,995£228,250-£1,74509 Jul 202425 Oct 2024108 Days
6 School Street, Brierley Hill, West Midlands, DY5 4HQ£199,950£199,950£0003 Jul 202425 Oct 2024114 Days
33a, Church Street, Brierley Hill, West Midlands, DY5 3PT£170,000£160,000-£10,00010 May 202424 Oct 2024167 Days
249 Stamford Road, Brierley Hill, West Midlands, DY5 2QE£349,995£333,000-£16,99503 Apr 202421 Oct 2024201 Days
8 Charnwood Close, Brierley Hill, West Midlands, DY5 3UE£420,000£400,000-£20,00015 Jan 202418 Oct 2024277 Days
2 Bradleymore Road, Brierley Hill, West Midlands, DY5 3HP£140,000£132,500-£7,50011 Jun 202418 Oct 2024129 Days
44 Ashton Park Drive, Brierley Hill, West Midlands, DY5 3ER£219,950£215,000-£4,95029 Jun 202418 Oct 2024111 Days
82 Lawnsdown Road, Brierley Hill, West Midlands, DY5 2EN£235,000£230,000-£5,00027 Jun 202418 Oct 2024113 Days
18 Ravensitch Walk, Brierley Hill, West Midlands, DY5 2BY£260,000£250,000-£10,00013 Feb 202418 Oct 2024248 Days
41 Sherwood Drive, Brierley Hill, West Midlands, DY5 1UW£280,000£280,000£0016 Jul 202417 Oct 202493 Days
254 Brettell Lane, Brierley Hill, West Midlands, DY5 3LT£160,000£155,000-£5,00008 May 202416 Oct 2024161 Days
102 Blewitt Street, Pensnett, Brierley Hill, West Midlands, DY5 4AL£190,000£180,000-£10,00001 May 202414 Oct 2024166 Days
23 Waldron Avenue, Brierley Hill, West Midlands, DY5 3RU£200,000£195,000-£5,00011 Mar 202423 Aug 2024165 Days

Most Expensive Streets in DY5 (Brierley Hill)

PostcodeStreetAreaAverageNo. of Sales
DY5 3XJPatterdale WayBrierley Hill£410,3333
DY5 3YXPenrith CloseBrierley Hill£406,6663
DY5 3RLLambourne WayBrierley Hill£391,7504
DY5 3RZKirkstone Way, AmblecoteBrierley Hill£373,3339
DY5 3NYFinsbury Drive, AmblecoteBrierley Hill£355,6663
DY5 2NZGratham Close, AmblecoteBrierley Hill£349,7779
DY5 3XLAmbleside DriveBrierley Hill£336,0005
DY5 3RPRannoch CloseBrierley Hill£334,8754
DY5 2YBAcres Road, Quarry BankBrierley Hill£330,7506
DY5 3QXSalcombe DriveBrierley Hill£330,3005

Least Expensive Streets in DY5 (Brierley Hill)

PostcodeStreetAreaAverageNo. of Sales
DY5 2PWHern RoadBrierley Hill£71,6663
DY5 2PLBagleys RoadBrierley Hill£74,1427
DY5 4ELChapel Court, Chapel Street, PensnettBrierley Hill£77,8333
DY5 3AUHigh StreetBrierley Hill£80,1663
DY5 1LZLandmark, Waterfront WestBrierley Hill£89,0717
DY5 1LGDudley RoadBrierley Hill£89,32542
DY5 1LYLandmark, Waterfront WestBrierley Hill£89,35010
DY5 3GZFoxdale DriveBrierley Hill£94,37512
DY5 3QBMorris Court, Bull Street, Brierley HillBrierley Hill£96,1663
DY5 2HXSouth Park MewsBrierley Hill£98,2504

Explore DY5 (Brierley Hill) using map