You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in DY9

House Prices in DY9

The average house price in DY9 (Stourbridge) is £230,866 using HM Land Registry data.

The average property price increased by £53,863 (36.37%) over the last 5 years and increased by £10,768 (5.13%) over the last 12 months.

Over the last year, there were 268 residential property sales – a decrease of 141 transactions (-52.61%) relative to the previous year. The majority of house sales (86) were in the £130,000 - £238,000 range. Then came properties in the £238,000 - £346,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,151 (-4%).

In June 2024, there were 49 new estate agency instructions, 33 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in DY9 (Stourbridge)

36.37%

Property prices in Stourbridge increased by 36.37% 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 DY9 (Stourbridge) Over the Last Year

5.13%

Property prices in Stourbridge increased by 5.13% 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.

Property Market Heat Gauge for DY9 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 DY9 (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 DY9 (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 DY9 (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 DY9 (Stourbridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DY9 postcode area since 1995.

Recent Sales in DY9 (Stourbridge)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 The Hazels, Hagley, Stourbridge, Worcestershire, DY9 0GF	£300,000	£295,000	-£5,000	12 Jul 2023	10 May 2024	303 Days
38 Western Road, Hagley, Stourbridge, Worcestershire, DY9 0JY	£595,000	£515,000	-£80,000	27 Jul 2023	25 Apr 2024	273 Days
17 Drew Crescent, Stourbridge, West Midlands, DY9 0UX	£325,000	£315,000	-£10,000	26 Dec 2023	10 Apr 2024	106 Days
Woodsend Lodge, Warbage Lane, Belbroughton, Stourbridge, Worcestershire, DY9 0AN	£925,000	£925,000	£00	15 Sep 2023	05 Apr 2024	203 Days
26 Bromwich Lane, Stourbridge, West Midlands, DY9 0QZ	£675,000	£638,500	-£36,500	06 Nov 2023	05 Apr 2024	151 Days
14 Meon Rise, Stourbridge, West Midlands, DY9 0YD	£650,000	£635,000	-£15,000	14 Aug 2023	04 Apr 2024	234 Days
3 The Brambles, Stourbridge, West Midlands, DY9 7JH	£475,000	£437,500	-£37,500	16 Nov 2023	27 Mar 2024	132 Days
19 Worcester Close, Hagley, Stourbridge, Worcestershire, DY9 0NP	£680,000	£675,000	-£5,000	28 Jul 2023	22 Mar 2024	238 Days
1 Milestone Drive, Hagley, Stourbridge, Worcestershire, DY9 0LP	£425,000	£415,000	-£10,000	15 Nov 2023	15 Mar 2024	121 Days
57 Kidderminster Road, Hagley, Stourbridge, Worcestershire, DY9 0PZ	£595,000	£550,000	-£45,000	28 Nov 2023	15 Mar 2024	108 Days
8 Prescot Road, Stourbridge, West Midlands, DY9 7LD	£180,000	£180,000	£00	05 Oct 2023	01 Mar 2024	148 Days
7 Wollescote Road, Stourbridge, West Midlands, DY9 7JU	£240,000	£238,700	-£1,300	01 Jun 2023	14 Feb 2024	258 Days
19 Lychgate Avenue, Stourbridge, West Midlands, DY9 0TS	£335,000	£335,000	£00	28 Jul 2023	02 Feb 2024	189 Days
5 The Greenway, Hagley, Stourbridge, Worcestershire, DY9 0LT	£485,000	£470,000	-£15,000	14 Sep 2023	26 Jan 2024	134 Days
7 Hagley Close, Hagley, Stourbridge, Worcestershire, DY9 9LP	£700,000	£640,000	-£60,000	04 Sep 2023	25 Jan 2024	143 Days
1 Hagley Hall Gardens, Hagley, Stourbridge, Worcestershire, DY9 9LF	£375,000	£350,000	-£25,000	05 Aug 2023	23 Jan 2024	171 Days
20 Albert Street, Lye, Stourbridge, West Midlands, DY9 8AG	£150,000	£150,000	£00	16 Oct 2023	19 Jan 2024	95 Days
5 Foley Road, Stourbridge, West Midlands, DY9 0RT	£550,000	£525,000	-£25,000	23 May 2023	12 Jan 2024	234 Days
26 Station Road, Hagley, Stourbridge, Worcestershire, DY9 0NU	£750,000	£715,000	-£35,000	01 Sep 2023	05 Jan 2024	126 Days
169j, Stourbridge Road, Stourbridge, West Midlands, DY9 7BD	£105,000	£98,500	-£6,500	09 Jun 2023	05 Jan 2024	210 Days

Most Expensive Streets in DY9 (Stourbridge)

Postcode	Street	Area	Average	No. of Sales
DY9 0EW	Belbroughton Road, Clent	Stourbridge	£1,247,500	6
DY9 0FA	Manor Gardens, Clent	Stourbridge	£1,088,437	8
DY9 0HA	Broome	Stourbridge	£886,666	3
DY9 0PY	Middlefield Lane, Hagley	Stourbridge	£874,214	7
DY9 0JT	South Road, Hagley	Stourbridge	£832,333	3
DY9 0SJ	Worcester Lane	Stourbridge	£828,262	4
DY9 0RU	Redlake Road	Stourbridge	£788,750	4
DY9 0RX	Redlake Drive, Pedmore	Stourbridge	£779,071	14
DY9 0QZ	Bromwich Lane	Stourbridge	£773,365	7
DY9 0LQ	Thicknall Rise, Hagley	Stourbridge	£698,333	3

Least Expensive Streets in DY9 (Stourbridge)

Postcode	Street	Area	Average	No. of Sales
DY9 8AE	Cemetery Road, Lye	Stourbridge	£82,800	4
DY9 9JB	Dobbins Oak Road, Pedmore	Stourbridge	£83,250	6
DY9 8JW	Vicarage Road, Lye	Stourbridge	£94,833	3
DY9 8DF	Morvale Gardens	Stourbridge	£102,833	6
DY9 8TG	Crabbe Street, Lye	Stourbridge	£105,887	4
DY9 8BX	Chapel Street, Lye	Stourbridge	£106,500	8
DY9 7JE	Chawn Hill Close	Stourbridge	£108,700	5
DY9 8SN	Brook Street, Lye	Stourbridge	£114,400	5
DY9 8SR	Park Street, Lye	Stourbridge	£115,250	4
DY9 9EF	Carlton Avenue	Stourbridge	£115,500	3