Housing Market Analysis for VERNON CLOSE, B62 8JU

Are you looking to understand B62 8JU 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 8JU area, explore the B62 8JU Area information page.
For comprehensive crime statistics in the B62 8JU area, explore the B62 8JU Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £120,188 median price is £126,750 Standard Deviation is £43,256 with Total Sold: 8
    • The Last 5 Year average price is £164,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 18 VERNON CLOSE: £186,500 (Sold on 18 Nov 2021)
    • The first recorded sale happened at this postcode is 1 VERNON CLOSE: £47,500 (Sold on 25 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 8JU 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
2021£176,250 £2,196 2
2019£140,000 £1,667 1
2014£126,750 £1,656 2
2008£84,000 £1,012 1
2003£84,000 £1,091 1
1999£47,500 £625 1

All the Sales in the VERNON CLOSE, B62 8JU

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

AddressSold DatePrice% Change
18 VERNON CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-196618 Nov 2021£186,500First Sale
12 VERNON CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-196625 Oct 2021£166,00097.62%
03 Nov 2008£84,000First Sale
15 VERNON CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197525 Jul 2019£140,000First Sale
1 VERNON CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-197525 Jun 2014£120,000152.63%
25 Feb 1999£47,500First Sale
5 VERNON CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197522 May 2014£133,50058.93%
08 Oct 2003£84,000First Sale

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

VERNON CLOSE, B62 8JU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B62 8JU 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 8JU postcode.

  • Terraced
    • The average price is around £90,987 median price is £89,500 Standard Deviation is £47,541 with Total Sold: 1,199
    • The Last 5 Year average price is £153,446 with Total Sold: 185
    • 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 , 34 SOUTHWICK ROAD: £37,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £109,829 median price is £105,000 Standard Deviation is £58,555 with Total Sold: 1,038
    • The Last 5 Year average price is £187,196 with Total Sold: 181
    • 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 , 26 BARNFIELD ROAD: £15,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £156,536 median price is £149,500 Standard Deviation is £85,798 with Total Sold: 272
    • The Last 5 Year average price is £254,665 with Total Sold: 54
    • The most recent sale happened at this postcode is , 107 LONG LANE: £360,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 107A LONG LANE: £76,250 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £70,749 median price is £72,000 Standard Deviation is £32,430 with Total Sold: 129
    • The Last 5 Year average price is £101,214 with Total Sold: 21
    • The most recent sale happened at this postcode is , 54 LEAFIELD GARDENS: £85,000 (Sold on 04 Jun 2024)
    • The first recorded sale happened at this postcode is , 44 LEAFIELD GARDENS: £32,000 (Sold on 05 May 1995)
  • Other
    • The average price is around £179,599 median price is £140,000 Standard Deviation is £111,820 with Total Sold: 59
    • The Last 5 Year average price is £189,375 with Total Sold: 34
    • The most recent sale happened at this postcode is , 295 LONG LANE: £230,000 (Sold on 23 Apr 2024)
    • The first recorded sale happened at this postcode is , SITEWATCH FIRE & SURVEILLANCE LTD VICTORIA ROAD: £132,500 (Sold on 30 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,618 £2,227 11
2023£181,700 £2,150 30
2022£168,414 £2,263 32
2021£149,715 £1,926 56
2020£132,810 £1,799 20
2019£129,840 £1,648 36
2018£117,325 £1,502 46
2017£117,462 £1,514 41
2016£115,989 £1,531 45
2015£98,452 £1,266 41
2014£98,489 £1,250 35
2013£102,689 £1,395 27
2012£96,573 £1,326 28
2011£98,182 £1,318 22
2010£107,222 £1,686 27
2009£92,415 £1,223 13
2008£105,703 £1,247 38
2007£104,875 £1,363 61
2006£98,139 £1,343 63
2005£101,969 £1,380 56
2004£88,252 £1,189 46
2003£70,336 £920 59
2002£59,703 £787 64
2001£45,827 £579 47
2000£41,956 £548 59
1999£37,917 £654 43
1998£34,239 £422 33
1997£34,175 £476 44
1996£37,707 £589 45
1995£36,416 £491 31
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,40911
2023£214,722 £2,757 18
2022£210,293 £2,639 33
2021£199,192 £2,328 40
2020£182,118 £1,975 38
2019£148,123 £1,915 41
2018£146,883 £1,791 26
2017£140,859 £1,821 34
2016£141,909 £1,751 33
2015£132,387 £1,674 31
2014£115,339 £1,444 28
2013£109,263 £1,398 26
2012£113,172 £1,518 20
2011£102,094 £1,391 16
2010£131,682 £1,556 19
2009£117,304 £1,594 12
2008£120,317 £1,188 15
2007£131,323 £1,640 56
2006£117,731 £1,467 58
2005£129,155 £1,536 38
2004£108,122 £1,258 48
2003£91,774 £1,241 46
2002£70,014 £865 48
2001£61,382 £806 46
2000£60,402 £675 45
1999£49,292 £671 49
1998£44,083 £563 41
1997£48,749 £586 47
1996£39,205 £529 45
1995£45,382 £546 30
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,000 £3,714 2
2023£273,875 £3,339 4
2022£261,743 £2,883 14
2021£268,458 £2,921 12
2020£227,853 £2,620 17
2019£229,400 £2,073 5
2018£160,500 £2,893 4
2017£191,921 £2,113 7
2016£186,909 £2,046 11
2015£183,222 £2,207 9
2014£187,500 £2,243 5
2013£170,857 £2,112 7
2012£149,000 £2,052 10
2011£161,700 £1,859 5
2010£173,314 £1,902 7
2009£162,167 £1,397 3
2008£176,289 £1,445 8
2007£189,840 £1,627 10
2006£174,111 £2,171 9
2005£196,900 £1,857 5
2004£172,363 £1,504 15
2003£122,584 £1,235 13
2002£101,873 £1,060 13
2001£88,994 £1,129 16
2000£64,243 £744 14
1999£92,091 £638 11
1998£60,581 £728 8
1997£73,162 £1,078 12
1996£60,000 £965 10
1995£56,858 £806 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£85,0001
2023£110,875 £1,866 4
2022£106,000 £2,318 4
2021£117,167 £1,588 6
2020£78,375 £1,705 4
2019£78,250 £1,417 2
2018£97,667 £1,381 6
2017£69,000 £1,618 3
2016£96,975 £1,364 2
2015£94,750 £1,356 4
2014£55,000 £926 3
2013£64,600 £802 5
2012£52,250 £1,882 2
2011£70,750 £1,301 2
2010£88,000 £2,207 1
2009£70,000 £1,528 2
2008£85,000 £1,485 2
2007£94,707 £1,704 7
2006£82,433 £1,640 9
2005£94,542 £1,874 6
2004£100,790 £1,411 5
2003£56,806 £1,080 8
2002£60,562 £925 8
2001£34,929 £648 7
2000£33,125 £879 6
1999£35,486 £719 4
1998£27,490 £621 5
1997£27,625 £611 4
1996£46,250 £530 2
1995£32,500 £656 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,3333
2023£275,286 £3,412 7
2022£265,000 £3,125 3
2021£188,333 £1,557 6
2020£125,536 £1,286 7
2019£124,125 £379 8
2018£195,2789
2017£172,400 £1,646 10
2016£73,500 £1,270 4
2014£249,6001
2013£132,5001

House Type in B62 8JU area

The most common house types in the B62 8JU 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 8JU 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