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

The average house price in DY5 (Brierley Hill) is £191,532 using HM Land Registry data.

The average property price increased by £44,849 (35.26%) over the last 5 years and increased by £8,987 (5.01%) over the last 12 months.

Over the last year, there were 332 residential property sales – a decrease of 91 transactions (-27.41%) relative to the previous year. The majority of house sales (76) were in the £146,000 - £182,000 range. Then came properties in the £182,000 - £218,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 106 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,955 (-2%).

In Oct 24, there were 57 new estate agency instructions, 54 agreed home sales and 41 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) - 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 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
23 Waldron Avenue, Brierley Hill, West Midlands, DY5 3RU£200,000£195,000-£5,00011 Mar 202423 Aug 2024165 Days
30 Roach Close, Brierley Hill, West Midlands, DY5 1LR£190,000£190,000£0026 Mar 202413 Aug 2024140 Days
79 Brompton Drive, Amblecote, Brierley Hill, West Midlands, DY5 3NZ£230,000£228,000-£2,00007 May 202409 Aug 202494 Days
3d, West Street, Quarry Bank, Brierley Hill, West Midlands, DY5 2DS£400,000£400,000£0027 Feb 202409 Aug 2024164 Days
Ravensdown, Tiled House Lane, Pensnett, Brierley Hill, West Midlands, DY5 4LQ£238,950£230,000-£8,95022 Apr 202407 Aug 2024107 Days
38 Thorns Road, Quarry Bank, Brierley Hill, West Midlands, DY5 2JT£180,000£178,000-£2,00016 Apr 202402 Aug 2024108 Days
65 Derwent Close, Pensnett, Brierley Hill, West Midlands, DY5 4QD£190,000£190,000£0027 Feb 202430 Jul 2024154 Days
200a, Moor Street, Brierley Hill, West Midlands, DY5 3SW£135,000£134,050-£95015 Apr 202426 Jul 2024102 Days
10 Malpass Road, Brierley Hill, West Midlands, DY5 2HD£219,950£210,000-£9,95003 Oct 202319 Jul 2024290 Days
11 West Street, Quarry Bank, Brierley Hill, West Midlands, DY5 2DS£160,000£160,000£0006 Apr 202418 Jul 2024103 Days
19 Ullswater Rise, Brierley Hill, West Midlands, DY5 1LS£230,000£230,000£0015 Dec 202318 Jul 2024216 Days
10 Woodland Avenue, Quarry Bank, Brierley Hill, West Midlands, DY5 1EQ£170,000£160,000-£10,00012 Mar 202417 Jul 2024127 Days
4 Andrews Close, Brierley Hill, West Midlands, DY5 2XB£249,950£235,000-£14,95015 Apr 202417 Jul 202493 Days
6 Western Avenue, Brierley Hill, West Midlands, DY5 3RE£155,000£140,000-£15,00022 Jan 202415 Jul 2024175 Days
19 Yorke Avenue, Brierley Hill, West Midlands, DY5 3NB£200,000£185,000-£15,00005 Jan 202412 Jul 2024189 Days
8 Kelling Close, Brierley Hill, West Midlands, DY5 3HA£250,000£245,000-£5,00008 Mar 202412 Jul 2024126 Days
163 High Street, Quarry Bank, Brierley Hill, West Midlands, DY5 2AF£150,000£150,000£0031 Jan 202408 Jul 2024159 Days
74 Barbrook Drive, Brierley Hill, West Midlands, DY5 3PZ£230,000£230,000£0022 Feb 202405 Jul 2024134 Days
28 Brick Kiln Street, Quarry Bank, Brierley Hill, West Midlands, DY5 2AP£155,000£154,500-£50013 Jan 202405 Jul 2024174 Days
52 School Road, Quarry Bank, Brierley Hill, West Midlands, DY5 1BD£190,000£190,000£0021 Mar 202405 Jul 2024106 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£363,7508
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 1LYLandmark, Waterfront WestBrierley Hill£85,26913
DY5 1LGDudley RoadBrierley Hill£89,32542
DY5 1LZLandmark, Waterfront WestBrierley Hill£90,7508
DY5 3GZFoxdale DriveBrierley Hill£91,13611
DY5 3QBMorris Court, Bull Street, Brierley HillBrierley Hill£96,1663
DY5 3SXDadford ViewBrierley Hill£96,71019

Explore DY5 (Brierley Hill) using map