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

The average house price in DY5 (Brierley Hill) is £210,833 using HM Land Registry data.

The average property price increased by £54,249 (35.26%) over the last 5 years and increased by £10,845 (5.01%) over the last 12 months.

Over the last year, there were 326 residential property sales – a decrease of 167 transactions (-51.23%) relative to the previous year. The majority of house sales (92) were in the £148,000 - £186,000 range. Then came properties in the £224,000 - £262,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,955 (-2%).

In June 2024, there were 73 new estate agency instructions, 68 agreed home sales and 46 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) - June 2024

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 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
First Floor Flat, 49, Dadford View, Brierley Hill, West Midlands, DY5 3SX£65,000£63,000-£2,00007 Sep 201903 May 20241700 Days
23 Victoria Road, Quarry Bank, Brierley Hill, West Midlands, DY5 1DD£157,500£140,000-£17,50001 Dec 202303 May 2024154 Days
11 Tansey Green Road, Brierley Hill, West Midlands, DY5 4TF£260,000£260,000£0005 Jan 202403 May 2024119 Days
36 Hulland Place, Brierley Hill, West Midlands, DY5 3US£220,000£215,000-£5,00014 Dec 202330 Apr 2024138 Days
19 Bickon Drive, Quarry Bank, Brierley Hill, West Midlands, DY5 2JF£280,000£275,000-£5,00018 Jul 202329 Apr 2024286 Days
61 Wychbury Road, Brierley Hill, West Midlands, DY5 2XX£255,000£255,000£0019 Jan 202426 Apr 202498 Days
12 Hamble Close, Brierley Hill, West Midlands, DY5 4QJ£190,000£190,000£0022 Jan 202426 Apr 202495 Days
34 Alexander Hill, Brierley Hill, West Midlands, DY5 2EY£167,000£167,000£0011 Nov 202324 Apr 2024165 Days
4 Hillfields Road, Brierley Hill, West Midlands, DY5 2NG£325,000£325,000£0018 Dec 202323 Apr 2024127 Days
68 Stour Hill, Quarry Bank, Brierley Hill, West Midlands, DY5 2AU£180,000£178,000-£2,00029 Sep 202317 Apr 2024201 Days
17 Vicarage Close, Brierley Hill, West Midlands, DY5 2RJ£189,950£185,000-£4,95008 Feb 202411 Apr 202463 Days
3 Royal Close, Brierley Hill, West Midlands, DY5 3HW£290,000£290,000£0026 Dec 202309 Apr 2024105 Days
1 Nightingale Crescent, Brierley Hill, West Midlands, DY5 2QL£250,000£248,000-£2,00022 Nov 202303 Apr 2024133 Days
35 Lower Valley Road, Brierley Hill, West Midlands, DY5 3NR£175,000£175,000£0009 Oct 202303 Apr 2024177 Days
31 Brick Kiln Street, Quarry Bank, Brierley Hill, West Midlands, DY5 2AP£100,000£65,000-£35,00001 Sep 201602 Apr 20242770 Days
5 Stonefield Drive, Brierley Hill, West Midlands, DY5 4PT£330,000£330,000£0013 Nov 202328 Mar 2024136 Days
64 Grosvenor Way, Quarry Bank, Brierley Hill, West Midlands, DY5 2LG£220,000£212,000-£8,00004 Sep 202328 Mar 2024206 Days
1a, Lynval Road, Brierley Hill, West Midlands, DY5 2HF£220,000£220,000£0017 Nov 202319 Mar 2024123 Days
16 Henzel Croft, Brierley Hill, West Midlands, DY5 3AL£212,500£210,000-£2,50003 Oct 202315 Mar 2024164 Days
11 Ellerslie Close, Brierley Hill, West Midlands, DY5 2NN£250,000£248,500-£1,50027 Oct 202314 Mar 2024139 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£381,4005
DY5 3RZKirkstone Way, AmblecoteBrierley Hill£357,2229
DY5 2NZGratham Close, AmblecoteBrierley Hill£344,7147
DY5 3QXSalcombe DriveBrierley Hill£342,2504
DY5 3NYFinsbury Drive, AmblecoteBrierley Hill£338,0004
DY5 3RPRannoch CloseBrierley Hill£334,8754
DY5 2YBAcres Road, Quarry BankBrierley Hill£330,7506
DY5 3ERAshton Park DriveBrierley Hill£328,3333

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 3GZFoxdale DriveBrierley Hill£87,25010
DY5 1LGDudley RoadBrierley Hill£89,32542
DY5 3GXFoxdale DriveBrierley Hill£91,5009
DY5 4EEChapel Street, PensnettBrierley Hill£92,0003
DY5 3QBMorris Court, Bull Street, Brierley HillBrierley Hill£96,1663

Explore DY5 (Brierley Hill) using map