Sedgley House Prices Sedgley House Prices

The average house price in Sedgley is £219,936 using HM Land Registry data.

The average property price increased by £68,614 (37.71%) over the last 5 years and increased by £13,716 (5.79%) over the last 12 months.

Over the last year, there were 274 residential property sales – a decrease of 136 transactions (-49.64%) relative to the previous year. The majority of house sales (66) were in the £180,000 - £220,000 range. Then came properties in the £140,000 - £180,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 101 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,916 (-2%).

In Oct 24, there were 62 new estate agency instructions, 47 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in Sedgley

37.71%

Property prices in Sedgley increased by 37.71% 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 Sedgley Over the Last Year

5.79%

Property prices in Sedgley increased by 5.79% 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 Sedgley - 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 Sedgley

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 Sedgley

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 Sedgley

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 Sedgley since 1995

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

Recent Property Sales in Sedgley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Brookdale, Lower Gornal, Dudley, West Midlands, DY3 2HE£259,950£259,000-£95020 Sep 202307 Aug 2024322 Days
49 Longmeadow Drive, Sedgley, Dudley, West Midlands, DY3 3QH£315,000£295,000-£20,00001 Mar 202424 Jul 2024145 Days
370 Himley Road, Gornal Wood, Dudley, West Midlands, DY3 2QA£350,000£300,000-£50,00026 Dec 202219 Jul 2024571 Days
63 Brownswall Road, Sedgley, Dudley, West Midlands, DY3 3NS£310,000£310,000£0019 Apr 202412 Jul 202484 Days
11 Wrekin View Road, Dudley, West Midlands, DY3 3TD£240,000£238,000-£2,00009 Oct 202312 Jul 2024277 Days
32 The Quadrant, Sedgley, Dudley, West Midlands, DY3 1PP£199,950£192,500-£7,45009 Feb 202405 Jul 2024147 Days
11 The Priory, Dudley, West Midlands, DY3 3UB£499,000£430,000-£69,00018 Mar 202405 Jul 2024109 Days
15 Penns Wood Close, Dudley, West Midlands, DY3 3QT£280,000£280,000£0001 Feb 202404 Jul 2024154 Days
42 Redhall Road, Dudley, West Midlands, DY3 2NU£395,000£395,000£0012 Oct 202304 Jul 2024266 Days
124 Summer Lane, Dudley, West Midlands, DY3 2EX£250,000£247,000-£3,00024 Jan 202403 Jul 2024161 Days
65 Grosvenor Road, Lower Gornal, Dudley, West Midlands, DY3 2PS£95,000£92,000-£3,00021 Sep 202302 Jul 2024285 Days
28 Longfellow Road, Lower Gornal, Dudley, West Midlands, DY3 3ED£250,000£240,000-£10,00015 Mar 202428 Jun 2024105 Days
5 Mount Close, Dudley, West Midlands, DY3 2PU£220,000£205,000-£15,00027 Mar 202428 Jun 202493 Days
3 Meadow View, Sedgley, Dudley, West Midlands, DY3 3EX£324,950£324,950£0015 Sep 202327 Jun 2024286 Days
80 Gorge Road, Dudley, West Midlands, DY3 1LA£289,950£281,500-£8,45008 Mar 202421 Jun 2024105 Days
27 Rowan Road, Dudley, West Midlands, DY3 1LG£200,000£200,000£0003 Feb 202421 Jun 2024139 Days
14 School Street, Sedgley, Dudley, West Midlands, DY3 1HU£160,000£160,000£0015 Feb 202421 Jun 2024127 Days
23 Botany Drive, Upper Gornal, Dudley, West Midlands, DY3 3XT£318,500£310,000-£8,50005 Jan 202418 Jun 2024165 Days
16 Barratts Croft, Brierley Hill, West Midlands, DY5 4UL£400,000£397,500-£2,50029 Jan 202417 Jun 2024140 Days
2 Churchill Gardens, Dudley, West Midlands, DY3 3GG£375,000£360,000-£15,00009 Nov 202314 Jun 2024218 Days

Most Expensive Streets in Sedgley

PostcodeStreetAreaAverageNo. of Sales
DY3 3RZGreenleighsSedgley£523,3163
DY3 3YGCotwall End RoadDudley£475,0003
DY3 3UECatholic LaneSedgley£456,2504
DY3 2XDHopyard LaneDudley£412,8333
DY1 3LUSnowshill GardensDudley£401,6663
DY3 2XEBrick Kiln LaneDudley£387,4754
DY3 3LASandyfields RoadSedgley£365,0003
DY3 2PZHimley RoadGornal Wood£358,3333
DY1 2GEShipton CloseDudley£355,9805
DY3 1HJQueens RoadDudley£343,3333

Least Expensive Streets in Sedgley

PostcodeStreetAreaAverageNo. of Sales
DY3 1UHJockey FieldUpper Gornal£65,0003
DY3 3SPEttymore CloseDudley£86,7504
DY3 1TDDudley RoadDudley£92,7005
DY3 2QLCentral DriveDudley£96,3333
WV4 6GABeacon CourtCharles Hayward Drive£105,23112
DY3 1SPHolborn HouseHigh Holborn£109,1663
DY3 2DHHilary CrestDudley£116,1666
DY3 2AAJews LaneDudley£116,8256
DY3 2PETemple StreetDudley£121,7506
DY3 2JGKennedy CrescentLower Gornal£124,3333

Explore Sedgley and Neighbouring Area House Prices