Housing Market Analysis for LENCH CLOSE, B62 8HP

Are you looking to understand B62 8HP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Dudley postcode.

For the location information and nearby amenities in the B62 8HP area, explore the B62 8HP Area information page.
For comprehensive crime statistics in the B62 8HP area, explore the B62 8HP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B62 8HP postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £87,700 median price is £85,000 Standard Deviation is £40,218 with Total Sold: 22
    • The Last 5 Year average price is £147,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 LENCH CLOSE: £168,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is 5 LENCH CLOSE: £47,000 (Sold on 03 May 1995)
  • Semi-Detached
    • The average price is around £41,000 median price is £41,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 14 LENCH CLOSE: £41,000 (Sold on 07 Jun 1996)
    • The first recorded sale happened at this postcode is 14 LENCH CLOSE: £41,000 (Sold on 07 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 8HP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£168,0001
2022£145,000 £3,170 2
2021£130,000 £3,250 1
2016£123,500 £2,736 2
2013£98,000 £1,885 1
2012£79,950 £2,025 1
2008£103,000 £1,981 1
2007£99,500 £2,242 2
2006£85,000 £2,113 2
2005£90,000 £1,731 1
2001£47,333 £1,056 3
1999£35,500 £888 1
1997£42,950 £826 1
1996£48,5001
1995£42,750 £740 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£41,0001

All the Sales in the LENCH CLOSE, B62 8HP

See the table below for more details on the sold house prices in the B62 8HP, Dudley postcode.

AddressSold DatePrice% Change
2 LENCH CLOSETerraced, Freehold24 Nov 2023£168,00071.43%
30 Aug 2013£98,0008.89%
18 Feb 2005£90,000109.55%
30 Jun 1997£42,950First Sale
8 LENCH CLOSETerraced, FreeholdArea: 52 Sq.mtrAge: 1983-199029 Jul 2022£165,00035.25%
19 Aug 2016£122,00018.45%
28 Mar 2008£103,00021.18%
06 Mar 2007£85,000120.78%
01 Sep 1995£38,500First Sale
12 LENCH CLOSETerraced, FreeholdArea: 39.48 Sq.mtrAge: 1983-199021 Mar 2022£125,00056.35%
04 May 2012£79,950-5.94%
20 Nov 2006£85,0000.0
20 Nov 2006£85,000304.76%
03 Aug 2001£21,000First Sale
3 LENCH CLOSETerraced, FreeholdArea: 40 Sq.mtrAge: 1983-199030 Sep 2021£130,000266.20%
28 Jul 1999£35,500First Sale
1 LENCH CLOSETerraced, FreeholdArea: 40 Sq.mtrAge: 1976-198229 Jun 2016£125,0009.65%
14 Sep 2007£114,00078.12%
25 Oct 2001£64,000First Sale
9 LENCH CLOSETerraced, Freehold15 Jun 2001£57,000First Sale
5 LENCH CLOSETerraced, Freehold11 Oct 1996£48,5003.19%
03 May 1995£47,000First Sale
14 LENCH CLOSESemi-Detached, Freehold07 Jun 1996£41,000First Sale

Check out the sold house prices near the B62 8HP postcode. Properties currently for saleProperties currently for rent

LENCH CLOSE, B62 8HP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B62 8HP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the B62 8HP postcode.

  • Terraced
    • The average price is around £89,233 median price is £87,950 Standard Deviation is £45,831 with Total Sold: 1,199
    • The Last 5 Year average price is £147,786 with Total Sold: 196
    • The most recent sale happened at this postcode is , 99 OLIVE HILL ROAD: £185,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 GREEN LANE: £30,000 (Sold on 30 Jan 1995)
  • Semi-Detached
    • The average price is around £107,006 median price is £105,000 Standard Deviation is £55,765 with Total Sold: 873
    • The Last 5 Year average price is £180,171 with Total Sold: 157
    • The most recent sale happened at this postcode is , 39 HOPE STREET: £249,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 57 OLIVE HILL ROAD: £55,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £79,812 median price is £84,750 Standard Deviation is £29,663 with Total Sold: 198
    • The Last 5 Year average price is £108,094 with Total Sold: 32
    • The most recent sale happened at this postcode is 27, AQUA COURT CARDALE STREET: £100,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 2B VICTORIA ROAD: £29,500 (Sold on 12 Jul 1995)
  • Other
    • The average price is around £237,014 median price is £158,000 Standard Deviation is £243,826 with Total Sold: 95
    • The Last 5 Year average price is £272,434 with Total Sold: 49
    • The most recent sale happened at this postcode is , 2 HIGHFIELD ROAD: £130,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , SITEWATCH FIRE & SURVEILLANCE LTD VICTORIA ROAD: £132,500 (Sold on 30 Dec 2013)
  • Detached
    • The average price is around £153,537 median price is £135,000 Standard Deviation is £84,940 with Total Sold: 220
    • The Last 5 Year average price is £240,580 with Total Sold: 50
    • The most recent sale happened at this postcode is , 8 HIGHFIELD CRESCENT: £390,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , 23 MAPLE ROAD: £42,950 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,700 £2,177 14
2023£176,156 £2,023 32
2022£157,270 £2,134 38
2021£143,211 £1,890 49
2020£133,300 £1,646 19
2019£125,567 £1,538 44
2018£115,326 £1,494 49
2017£112,670 £1,439 38
2016£114,031 £1,575 51
2015£90,501 £1,198 35
2014£96,811 £1,214 31
2013£97,159 £1,338 28
2012£98,157 £1,337 32
2011£91,894 £1,217 19
2010£108,033 £1,709 23
2009£92,293 £1,232 15
2008£96,244 £1,098 34
2007£108,007 £1,363 60
2006£96,515 £1,318 62
2005£101,002 £1,320 59
2004£90,522 £1,198 48
2003£70,768 £924 60
2002£55,404 £781 64
2001£45,100 £572 52
2000£39,239 £496 48
1999£35,836 £643 41
1998£32,262 £406 34
1997£31,777 £445 41
1996£34,136 £568 44
1995£34,245 £492 35
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£199,308 £2,031 13
2023£206,405 £2,879 21
2022£199,271 £2,567 24
2021£186,115 £2,307 37
2020£171,129 £1,963 31
2019£141,535 £1,793 31
2018£149,027 £2,117 15
2017£134,865 £1,784 30
2016£124,180 £1,778 25
2015£134,375 £1,793 28
2014£118,913 £1,576 23
2013£112,564 £1,517 21
2012£112,063 £1,706 23
2011£98,583 £1,505 12
2010£118,350 £1,504 17
2009£105,357 £1,495 13
2008£113,591 £1,410 11
2007£131,953 £1,625 45
2006£118,552 £1,401 46
2005£112,821 £1,485 31
2004£105,224 £1,268 46
2003£90,245 £1,191 41
2002£70,124 £861 45
2001£58,557 £782 35
2000£59,127 £658 44
1999£47,366 £629 37
1998£41,192 £538 36
1997£47,485 £638 36
1996£39,676 £617 36
1995£44,070 £523 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,0003
2023£118,333 £1,958 3
2022£108,286 £2,080 7
2021£117,938 £1,665 8
2020£89,750 £1,647 6
2019£102,600 £1,647 5
2018£91,682 £1,480 11
2017£91,500 £1,668 9
2016£93,270 £1,490 10
2015£89,250 £1,323 6
2014£70,099 £1,301 5
2013£65,375 £1,030 8
2012£85,499 £1,458 13
2011£86,113 £1,301 13
2010£92,184 £1,880 16
2009£85,000 £1,528 4
2008£86,333 £1,485 3
2007£98,590 £1,963 5
2006£79,990 £1,640 10
2005£97,050 £2,032 5
2004£81,988 £1,411 4
2003£56,350 £1,091 7
2002£60,649 £947 7
2001£34,929 £648 7
2000£33,125 £879 6
1999£34,317 £766 3
1998£27,490 £621 5
1997£25,700 £505 5
1996£35,500 £530 1
1995£30,833 £780 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,0003
2023£263,625 £2,513 8
2022£238,875 £3,125 8
2021£502,778 £10,367 9
2020£246,932 £932 11
2019£138,300 £379 10
2018£159,933 £1,298 15
2017£170,875 £1,500 16
2016£315,556 £1,270 9
2015£2,0001
2014£264,900 £855 4
2013£132,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£390,000 £3,714 1
2023£293,417 £2,882 6
2022£244,923 £2,774 13
2021£243,545 £2,620 11
2020£220,393 £2,425 14
2019£186,000 £2,334 5
2018£165,750 £1,686 4
2017£184,325 £2,020 6
2016£164,990 £1,658 5
2015£181,500 £2,054 6
2014£174,125 £1,681 4
2013£169,600 £2,105 5
2012£140,750 £1,967 4
2011£140,357 £1,618 7
2010£176,367 £1,902 6
2009£202,167 £1,207 3
2008£231,1043
2007£162,779 £1,657 7
2006£164,999 £2,296 5
2005£168,700 £743 5
2004£173,419 £1,732 13
2003£118,175 £1,200 12
2002£94,988 £938 13
2001£89,415 £1,089 13
2000£64,433 £717 9
1999£102,997 £779 17
1998£49,908 £478 6
1997£75,025 £887 10
1996£55,600 £657 5
1995£40,975 £554 2

House Type in B62 8HP area

The most common house types in the B62 8HP postcode area are Terraced (99), Semi-detached (39), and Detached (12).

Total159
Terraced99
Semi-detached39
Detached12
Flat9
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (52), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan52
Owned: Owns outright43
Private rented: Private landlord or letting agency36
Social rented: Rents from council or Local Authority14
Social rented: Other social rented6
Private rented: Other private rented5
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the B62 8HP have 1 person in household (61), and 2 people in household (49).

1 person in household61
2 people in household49
3 people in household26
4 people in household18
5 people in household5
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0