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Blackheath (Sandwell) House Prices

The average house price in Blackheath (Sandwell) is £189,390 using HM Land Registry data.

The average property price increased by £69,192 (49.57%) over the last 5 years and increased by £13,832 (7.1%) over the last 12 months.

Over the last year, there were 66 residential property sales – a decrease of 22 transactions (-33.33%) relative to the previous year. The majority of house sales (19) were in the £148,000 - £176,000 range. Then came properties in the £176,000 - £204,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 126 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,823 (-3%).

In Oct 24, there were 6 new estate agency instructions, 4 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in Blackheath (Sandwell)

49.57%

Property prices in Blackheath (Sandwell) increased by 49.57% 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 Blackheath (Sandwell) Over the Last Year

7.1%

Property prices in Blackheath (Sandwell) increased by 7.1% 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 Blackheath (Sandwell) - 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 Blackheath (Sandwell)

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 Blackheath (Sandwell)

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 Blackheath (Sandwell)

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 Blackheath (Sandwell) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Blackheath (Sandwell) area since 1995.

Recent Property Sales in Blackheath (Sandwell)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
14 Rowington Avenue, Rowley Regis, West Midlands, B65 9QP	£175,000	£165,000	-£10,000	23 Jan 2024	01 Aug 2024	191 Days
26 Greenwood Avenue, Rowley Regis, West Midlands, B65 9NJ	£210,000	£210,000	£00	13 Jan 2024	29 Jul 2024	198 Days
31 Bell End, Rowley Regis, West Midlands, B65 9LR	£140,000	£130,000	-£10,000	18 Jan 2014	19 Jul 2024	3835 Days
21 Harrold Road, Rowley Regis, West Midlands, B65 0RG	£300,000	£260,000	-£40,000	31 Jan 2024	12 Jun 2024	133 Days
5 Greenwood Avenue, Rowley Regis, West Midlands, B65 9NL	£189,950	£177,500	-£12,450	16 Nov 2023	03 Jun 2024	200 Days
192 Oldbury Road, Rowley Regis, West Midlands, B65 0NW	£240,000	£228,000	-£12,000	23 May 2023	10 May 2024	353 Days
87 Halesowen Street, Rowley Regis, West Midlands, B65 0EU	£200,000	£195,000	-£5,000	06 Dec 2023	09 May 2024	155 Days
58 Siviters Lane, Rowley Regis, West Midlands, B65 8DS	£350,000	£340,000	-£10,000	27 Jul 2023	03 Apr 2024	251 Days
42 Greenwood Avenue, Rowley Regis, West Midlands, B65 9NH	£179,950	£179,950	£00	06 Dec 2023	28 Mar 2024	113 Days
138 Regis Heath Road, Rowley Regis, West Midlands, B65 0PD	£250,000	£240,000	-£10,000	29 Sep 2023	23 Feb 2024	147 Days
24 Greenwood Avenue, Rowley Regis, West Midlands, B65 9NJ	£175,000	£172,000	-£3,000	12 Aug 2023	30 Jan 2024	171 Days
37 Siviters Lane, Rowley Regis, West Midlands, B65 8DP	£200,000	£180,000	-£20,000	16 Oct 2023	04 Jan 2024	80 Days
43 Causeway, Rowley Regis, West Midlands, B65 8AA	£155,000	£150,000	-£5,000	02 Oct 2023	04 Jan 2024	94 Days
10 The Heathlands, Rowley Regis, West Midlands, B65 0DF	£178,500	£171,000	-£7,500	23 Aug 2023	19 Dec 2023	118 Days
69 Regis Heath Road, Rowley Regis, West Midlands, B65 0PB	£210,000	£210,000	£00	07 Aug 2023	15 Dec 2023	130 Days
99 Regis Heath Road, Rowley Regis, West Midlands, B65 0PB	£215,000	£208,000	-£7,000	20 Jul 2023	15 Dec 2023	148 Days
9 Winwood Road, Rowley Regis, West Midlands, B65 0PG	£235,000	£235,000	£00	15 Sep 2023	15 Dec 2023	91 Days
27 Habberley Road, Rowley Regis, West Midlands, B65 9QN	£180,000	£170,000	-£10,000	05 Oct 2023	14 Dec 2023	70 Days
15 John Street, Rowley Regis, West Midlands, B65 0EP	£180,000	£178,000	-£2,000	04 May 2023	11 Dec 2023	221 Days
29 Peckover Close, Rowley Regis, West Midlands, B65 0AU	£170,000	£170,000	£00	25 Jul 2023	10 Nov 2023	108 Days

Most Expensive Streets in Blackheath (Sandwell)

Postcode	Street	Area	Average	No. of Sales
B65 8BJ	Conway Drive	Rowley Regis	£387,875	4
B65 8BW	Ross	Rowley Regis	£266,833	9
B65 8DS	Siviters Lane	Rowley Regis	£246,666	3
B65 0PA	Regis Heath Road	Rowley Regis	£232,800	5
B65 8DU	Mountford Close	Rowley Regis	£231,833	3
B65 8DP	Siviters Lane	Rowley Regis	£228,571	7
B65 0NZ	Boundary Avenue	Rowley Regis	£220,187	4
B65 0NY	Boundary Avenue	Rowley Regis	£220,100	10
B65 8DZ	Ross	Rowley Regis	£216,937	8
B65 0PD	Regis Heath Road	Rowley Regis	£213,600	5

Least Expensive Streets in Blackheath (Sandwell)

Postcode	Street	Area	Average	No. of Sales
B65 0EU	Halesowen Street	Rowley Regis	£116,666	3
B65 0LW	Aqua Court	Cardale Street, Rowley Regis	£117,937	8
B65 8BQ	Severn Rise	Rowley Regis	£124,400	5
B65 0NR	Oldbury Road	Rowley Regis	£125,000	3
B65 0AD	Powke Lane	Rowley Regis	£138,285	7
B65 8BN	Alwin Road	Rowley Regis	£139,600	5
B65 8AA	Causeway	Rowley Regis	£143,375	4
B65 0RG	Harrold Road	Rowley Regis	£144,857	7
B65 9QJ	Habberley Road	Rowley Regis	£148,054	12
B65 0EP	John Street	Rowley Regis	£152,375	8