House Prices in DY7 House Prices in DY7 (Stourbridge)

The average house price in DY7 (Stourbridge) is £346,166 using HM Land Registry data.

The average property price increased by £68,231 (59.36%) over the last 5 years and increased by £13,640 (7.31%) over the last 12 months.

Over the last year, there were 78 residential property sales – a decrease of 45 transactions (-57.69%) relative to the previous year. The majority of house sales (21) were in the £200,000 - £306,000 range. Then came properties in the £306,000 - £412,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,614 (-3%).

In June 2024, there were 23 new estate agency instructions, 13 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in DY7 (Stourbridge)

59.36%

Property prices in Stourbridge increased by 59.36% 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 DY7 (Stourbridge) Over the Last Year

7.31%

Property prices in Stourbridge increased by 7.31% 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 DY7 (Stourbridge) - 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 DY7 (Stourbridge)

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 DY7 (Stourbridge)

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 DY7 (Stourbridge)

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 DY7 (Stourbridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DY7 postcode area since 1995.

Recent Sales in DY7 (Stourbridge)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
56 Hyperion Road, Stourton, Stourbridge, Staffordshire, DY7 6SB£635,000£630,000-£5,00026 Dec 202318 Apr 2024114 Days
1 Church Hill, Kinver, Stourbridge, Staffordshire, DY7 6HZ£285,000£270,000-£15,00018 Oct 202311 Apr 2024176 Days
24 Comber Grove, Kinver, Stourbridge, Staffordshire, DY7 6EN£499,950£485,000-£14,95005 Sep 202308 Apr 2024216 Days
33 Comber Grove, Kinver, Stourbridge, Staffordshire, DY7 6EN£300,000£285,000-£15,00021 Nov 202323 Feb 202494 Days
17 Silver Birch Drive, Kinver, Stourbridge, Staffordshire, DY7 6AW£349,950£335,000-£14,95016 Nov 202323 Feb 202499 Days
23 Heather Drive, Kinver, Stourbridge, Staffordshire, DY7 6DR£500,000£475,000-£25,00003 Jul 202309 Feb 2024221 Days
19 Pine Close, Kinver, Stourbridge, Staffordshire, DY7 6JL£250,000£220,000-£30,00014 Aug 202319 Jan 2024158 Days
44 White Hill, Kinver, Stourbridge, Staffordshire, DY7 6AN£535,000£535,000£0024 May 202319 Dec 2023209 Days
4 Foster Street, Kinver, Stourbridge, Staffordshire, DY7 6EB£485,000£473,000-£12,00015 May 202307 Dec 2023206 Days
41 The Stewponey, Stourton, Stourbridge, Staffordshire, DY7 6RL£250,000£245,000-£5,00026 Jul 202324 Nov 2023121 Days
29 Greensforge Lane, Stourbridge, Staffordshire, DY7 5BD£485,000£450,000-£35,00029 Apr 202303 Nov 2023188 Days
4 Compton Gardens, Kinver, Stourbridge, Staffordshire, DY7 6DS£349,950£344,950-£5,00009 Jun 202303 Nov 2023147 Days
11 Hyde Lane, Kinver, Stourbridge, Staffordshire, DY7 6AE£465,000£463,000-£2,00028 Jan 202302 Nov 2023278 Days
64 Church View Gardens, Kinver, Stourbridge, Staffordshire, DY7 6EE£359,950£353,000-£6,95027 Mar 202302 Nov 2023220 Days
7 Hyde Lane, Kinver, Stourbridge, Staffordshire, DY7 6AE£599,950£594,950-£5,00021 Feb 202302 Nov 2023254 Days
19 Horton Road, Kinver, Stourbridge, Staffordshire, DY7 6AL£475,000£470,000-£5,00025 Apr 202302 Nov 2023191 Days
40 Stone Lane, Kinver, Stourbridge, Staffordshire, DY7 6DY£795,000£735,000-£60,00009 Jan 202327 Oct 2023291 Days
Willow Bank, Edge View Walk, Kinver, Stourbridge, Staffordshire, DY7 6AX£390,000£380,000-£10,00014 Jun 202326 Oct 2023134 Days
85 White Hill, Kinver, Stourbridge, Staffordshire, DY7 6AR£534,100£525,000-£9,10020 Apr 202324 Oct 2023187 Days
58 Enville Road, Kinver, Stourbridge, Staffordshire, DY7 6BX£285,000£285,000£0027 Apr 202320 Oct 2023176 Days

Most Expensive Streets in DY7 (Stourbridge)

PostcodeStreetAreaAverageNo. of Sales
DY7 5QNHunters RideStourbridge£820,0006
DY7 5QWLawnswood DriveStourbridge£791,2504
DY7 6LPHampton Grove, KinverStourbridge£766,6663
DY7 5ENHalfpenny Green, BobbingtonStourbridge£714,3333
DY7 6AUWhite Hill, KinverStourbridge£695,8336
DY7 6LUDunsley Hall Farm Barns, Dunsley RoadStourbridge£650,1663
DY7 6RYBridgnorth Road, StourtonStourbridge£616,6663
DY7 6EHHeathermount Grange, KinverStourbridge£610,0003
DY7 6NBDunsley Drive, KinverStourbridge£608,3333
DY7 6SAChantry Road, StourtonStourbridge£603,7504

Least Expensive Streets in DY7 (Stourbridge)

PostcodeStreetAreaAverageNo. of Sales
DY7 6RHStewponey Court, StourtonStourbridge£143,5836
DY7 6JPRedwood Road, KinverStourbridge£206,5004
DY7 6EAFoster Crescent, KinverStourbridge£211,0374
DY7 6ELCastle Street, KinverStourbridge£219,5256
DY7 5PELords LaneStourbridge£238,0717
DY7 6EYKinver Mount, Comber GroveStourbridge£245,0003
DY7 6ADWhite Hill, KinverStourbridge£247,5003
DY7 6AJWindsor Crescent, KinverStourbridge£248,7374
DY7 6BAHuntsmans Drive, KinverStourbridge£249,74512
DY7 6AGChandler Avenue, KinverStourbridge£254,1663

Explore DY7 (Stourbridge) using map