House Prices in B69 House Prices in B69 (Oldbury)

The average house price in B69 (Oldbury) is £209,107 using HM Land Registry data.

The average property price increased by £65,936 (7.42%) over the last 5 years and increased by £13,208 (1.28%) over the last 12 months.

Over the last year, there were 202 residential property sales – a decrease of 78 transactions (-38.61%) relative to the previous year. The majority of house sales (55) were in the £178,000 - £212,000 range. Then came properties in the £212,000 - £246,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 122 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,742 (-2%).

In January 2025, there were 45 new estate agency instructions, 34 agreed home sales and 40 property price reductions.

5-Year Average Property Prices in B69 (Oldbury)

7.42%

Property prices in B69 (Oldbury) increased by 7.42% 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 B69 (Oldbury) Over the Last Year

1.28%

Property prices in B69 (Oldbury) increased by 1.28% 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 B69 (Oldbury) - January 2025

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 B69 (Oldbury)

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 B69 (Oldbury)

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 B69 (Oldbury)

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 B69 (Oldbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B69 postcode area since 1995.

Recent Sales in B69 (Oldbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
97 Birch Crescent, Tividale, Oldbury, West Midlands, B69 1UF£180,000£178,000-£2,00012 Aug 202413 Dec 2024123 Days
19 Wolverley Crescent, Oldbury, West Midlands, B69 1AY£75,000£71,000-£4,00025 Jul 202411 Dec 2024139 Days
39 Mehdi Road, Oldbury, West Midlands, B69 2GE£230,000£230,000£027 Jun 202410 Dec 2024166 Days
240 Newbury Lane, Oldbury, West Midlands, B69 1JG£250,000£250,000£028 Jun 202429 Nov 2024154 Days
72 St James Road, Oldbury, West Midlands, B69 2DX£205,000£205,000£020 Aug 202429 Nov 2024101 Days
33 City Road, Tividale, Oldbury, West Midlands, B69 1QZ£220,000£210,000-£10,00014 May 202429 Nov 2024199 Days
41 Roway Lane, Oldbury, West Midlands, B69 3EQ£225,000£223,000-£2,00018 Mar 202422 Nov 2024249 Days
18 Pine Road, Tividale, Oldbury, West Midlands, B69 1TZ£265,000£255,000-£10,00013 Jun 202418 Nov 2024158 Days
20 Harlech Close, Tividale, Oldbury, West Midlands, B69 1TE£235,000£230,000-£5,00008 Jul 202415 Nov 2024130 Days
43 Hawfield Road, Tividale, Oldbury, West Midlands, B69 1LG£190,000£190,000£016 Apr 202404 Nov 2024202 Days
76 Alexandra Way, Tividale, Oldbury, West Midlands, B69 2LX£190,000£190,000£015 Jul 202428 Oct 2024105 Days
5 Regent Avenue, Tividale, Oldbury, West Midlands, B69 1TJ£180,000£170,000-£10,00030 Jan 202328 Oct 2024637 Days
169 Oakham Road, Tividale, Oldbury, West Midlands, B69 1PZ£465,000£385,000-£80,00014 May 202425 Oct 2024164 Days
20 Clay Lane, Oldbury, West Midlands, B69 4SY£250,000£250,000£013 May 202424 Oct 2024164 Days
48 Westgate, Oldbury, West Midlands, B69 1BA£180,000£177,500-£2,50016 May 202423 Oct 2024160 Days
11 Ludgate Close, Tividale, Oldbury, West Midlands, B69 1NY£340,000£335,000-£5,00025 Apr 202421 Oct 2024179 Days
21 Leslie Rise, Tividale, Oldbury, West Midlands, B69 1LT£225,000£210,000-£15,00023 Apr 202421 Oct 2024181 Days
59 Birchfield Lane, Oldbury, West Midlands, B69 2AZ£175,000£160,000-£15,00010 May 202401 Oct 2024144 Days
52 Pool Lane, Oldbury, West Midlands, B69 4QX£180,000£180,000£010 Jul 202427 Sep 202479 Days
7 Olive Mount, Oldbury, West Midlands, B69 2DS£170,000£160,000-£10,00004 Mar 202425 Sep 2024205 Days

Most Expensive Streets in B69 (Oldbury)

PostcodeStreetAreaAverageNo. of Sales
B69 1QHOakham Road, TividaleOldbury£442,0003
B69 1UUView Point, TividaleOldbury£363,5008
B69 1PZOakham Road, TividaleOldbury£348,6005
B69 1RABarley Fields, TividaleOldbury£342,5005
B69 1NQWakeman Drive, TividaleOldbury£323,7504
B69 1SDDarbys Hill Road, TividaleOldbury£318,0005
B69 1NYLudgate Close, TividaleOldbury£299,9916
B69 1JPTaylor WayOldbury£295,5006
B69 1QDWentworth Drive, TividaleOldbury£287,3504
B69 2HALower City Road, TividaleOldbury£286,6586

Least Expensive Streets in B69 (Oldbury)

PostcodeStreetAreaAverageNo. of Sales
B69 2JLSt Michaels Mews, TividaleOldbury£53,0005
B69 1TPRed Lion Close, TividaleOldbury£66,6254
B69 2LEOakthorpe Gardens, TividaleOldbury£67,1005
B69 2DBQuayside CloseOldbury£68,3333
B69 4DFMill LaneOldbury£71,3333
B69 4FJMaltings AvenueOldbury£74,1004
B69 2DDThe MooringsOldbury£89,2005
B69 2LFOakthorpe Gardens, TividaleOldbury£94,3333
B69 2FDBrades RoadOldbury£100,6005
B69 4JTThe Hub, Stone Street, OldburyOldbury£105,80010

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