Housing Market Analysis for SPRINGFIELD ROAD, B62 8JZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £149,402 median price is £136,750 Standard Deviation is £53,268 with Total Sold: 20
- The Last 5 Year average price is £203,125 with Total Sold: 4
- The most recent sale happened at this postcode is 53 SPRINGFIELD ROAD: £244,000 (Sold on 11 Aug 2022)
- The first recorded sale happened at this postcode is 42 SPRINGFIELD ROAD: £90,000 (Sold on 22 Jan 1999)
Detached
- The average price is around £158,283 median price is £138,750 Standard Deviation is £73,569 with Total Sold: 6
- The Last 5 Year average price is £300,000 with Total Sold: 1
- The most recent sale happened at this postcode is 30 SPRINGFIELD ROAD: £300,000 (Sold on 18 Jan 2019)
- The first recorded sale happened at this postcode is 34 SPRINGFIELD ROAD: £95,200 (Sold on 16 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 8JZ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£244,000	£2,624	1
2021	£227,000	£2,316	1
2019	£170,750	£2,418	2
2018	£206,025	£1,675	2
2017	£146,500	£2,063	1
2015	£100,000	£1,389	1
2010	£233,000	£1,664	1
2008	£146,500		2
2007	£119,167	£1,522	3
2006	£108,000	£1,521	1
2005	£137,500		1
2004	£125,000		1
2003	£86,500		2
1999	£90,000	£643	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£300,000	£1,724	1
2016	£196,000	£1,581	1
2006	£150,000	£2,083	1
2001	£127,500		1
1999	£81,000	£466	1
1998	£95,200		1

All the Sales in the SPRINGFIELD ROAD, B62 8JZ

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

Address	Sold Date	Price	% Change
53 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	11 Aug 2022	£244,000	First Sale
45 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1967-1975	06 Aug 2021	£227,000	First Sale
40 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	27 Sep 2019	£205,500	First Sale
51 SPRINGFIELD ROADSemi-Detached, Freehold	12 Jul 2019	£136,000	29.52%
51 SPRINGFIELD ROADSemi-Detached, Freehold	24 Aug 2007	£105,000	First Sale
30 SPRINGFIELD ROADDetached, FreeholdArea: 174 Sq.mtrAge: 1900-1929	18 Jan 2019	£300,000	270.37%
	28 May 1999	£81,000	First Sale
52 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 146 Sq.mtrAge: 1950-1966	30 Nov 2018	£255,000	First Sale
59 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-1949	04 May 2018	£157,050	First Sale
49 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-1949	17 Nov 2017	£146,500	35.65%
	13 Feb 2006	£108,000	First Sale
28 SPRINGFIELD ROADDetached, FreeholdArea: 124 Sq.mtrAge: 1930-1949	12 Jan 2016	£196,000	First Sale
39 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	18 Mar 2015	£100,000	First Sale
42 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 140 Sq.mtrAge: 1950-1966	05 Feb 2010	£233,000	158.89%
	22 Jan 1999	£90,000	First Sale
61 SPRINGFIELD ROADSemi-Detached, Freehold	02 May 2008	£158,000	14.91%
61 SPRINGFIELD ROADSemi-Detached, Freehold	09 Dec 2005	£137,500	First Sale
47 SPRINGFIELD ROADSemi-Detached, Freehold	04 Apr 2008	£135,000	46.74%
47 SPRINGFIELD ROADSemi-Detached, Freehold	08 Aug 2003	£92,000	First Sale
41 SPRINGFIELD ROADSemi-Detached, FreeholdArea: 72.28 Sq.mtrAge: 1950-1966	11 Apr 2007	£110,000	First Sale
37 SPRINGFIELD ROADSemi-Detached, Freehold	30 Mar 2007	£142,500	75.93%
37 SPRINGFIELD ROADSemi-Detached, Freehold	09 Jun 2003	£81,000	First Sale
32 SPRINGFIELD ROADDetached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	05 May 2006	£150,000	First Sale
50 SPRINGFIELD ROADSemi-Detached, Freehold	28 Jun 2004	£125,000	First Sale
34 SPRINGFIELD ROADDetached, Freehold	05 Jan 2001	£127,500	33.93%
34 SPRINGFIELD ROADDetached, Freehold	16 Jan 1998	£95,200	First Sale

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

SPRINGFIELD ROAD, B62 8JZ Near By properties

Interactive Map

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

Flat
- The average price is around £70,158 median price is £69,475 Standard Deviation is £31,104 with Total Sold: 132
- The Last 5 Year average price is £92,368 with Total Sold: 19
- The most recent sale happened at this postcode is FLAT 9, MANSION COURT LONG LANE: £69,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 44 LEAFIELD GARDENS: £32,000 (Sold on 05 May 1995)
Detached
- The average price is around £194,622 median price is £178,000 Standard Deviation is £102,682 with Total Sold: 301
- The Last 5 Year average price is £312,967 with Total Sold: 49
- The most recent sale happened at this postcode is , 52 FELDON LANE: £335,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 107A LONG LANE: £76,250 (Sold on 04 Jan 1995)
Terraced
- The average price is around £101,771 median price is £95,000 Standard Deviation is £58,445 with Total Sold: 737
- The Last 5 Year average price is £173,467 with Total Sold: 117
- 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 £125,667 median price is £118,250 Standard Deviation is £68,364 with Total Sold: 948
- The Last 5 Year average price is £215,165 with Total Sold: 158
- 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)
Other
- The average price is around £313,000 median price is £183,250 Standard Deviation is £357,726 with Total Sold: 22
- The Last 5 Year average price is £304,792 with Total Sold: 12
- 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 , 166 LONG LANE: £225,000 (Sold on 10 Dec 2013)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£76,333		3
2023	£92,125	£1,842	4
2022	£93,500	£1,923	2
2021	£125,400	£1,525	5
2020	£72,833	£1,522	3
2019	£62,500	£1,178	2
2018	£84,591	£1,466	11
2017	£73,000	£1,074	1
2016	£77,658	£1,408	6
2015	£101,333	£1,091	3
2014	£59,250	£1,306	2
2013	£70,900	£1,137	5
2011	£64,500	£1,985	1
2010	£73,000	£1,680	1
2009	£65,000	£1,471	2
2008	£85,000	£1,328	1
2007	£102,850	£1,657	7
2006	£81,244	£1,908	8
2005	£96,000	£1,741	4
2004	£88,600	£1,739	9
2003	£65,422	£1,428	9
2002	£58,435	£986	10
2001	£38,306	£805	9
2000	£31,740	£907	5
1999	£34,999	£884	4
1998	£31,292	£639	6
1997	£31,875	£769	2
1996	£49,500	£530	3
1995	£34,750	£652	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,250		4
2023	£359,600	£3,251	5
2022	£335,300	£3,090	13
2021	£310,214	£3,076	14
2020	£273,312	£3,044	8
2019	£248,800	£2,349	5
2018	£220,621	£2,429	12
2017	£285,900	£2,465	5
2016	£223,011	£2,193	16
2015	£253,642	£2,294	38
2014	£227,571	£2,276	7
2013	£201,248	£1,931	9
2012	£165,643	£2,138	7
2011	£176,244	£1,975	4
2010	£209,920	£2,086	10
2009	£182,929	£1,886	7
2008	£254,992	£1,592	6
2007	£236,940	£1,527	10
2006	£191,700	£1,689	10
2005	£180,125	£1,857	4
2004	£163,334	£1,604	17
2003	£134,560	£1,330	10
2002	£120,272	£1,323	9
2001	£102,244	£1,029	9
2000	£75,542	£794	12
1999	£107,606	£767	9
1998	£71,886	£1,002	7
1997	£69,719	£908	13
1996	£67,767	£880	15
1995	£58,533	£674	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£174,000	£1,429	6
2023	£204,263	£2,352	19
2022	£209,286	£2,451	14
2021	£167,906	£2,018	33
2020	£146,218	£1,978	16
2019	£157,251	£1,806	29
2018	£132,048	£1,513	30
2017	£140,899	£1,657	29
2016	£124,057	£1,453	20
2015	£112,717	£1,275	30
2014	£120,176	£1,312	28
2013	£121,997	£1,474	15
2012	£119,835	£1,380	13
2011	£129,133	£1,533	15
2010	£115,050	£1,815	15
2009	£111,162	£1,301	12
2008	£115,824	£1,245	29
2007	£110,522	£1,344	32
2006	£106,968	£1,263	27
2005	£109,575	£1,355	28
2004	£96,282	£1,196	28
2003	£75,782	£885	26
2002	£68,812	£787	40
2001	£53,745	£577	27
2000	£48,781	£668	36
1999	£41,179	£618	39
1998	£39,494	£448	23
1997	£39,004	£507	25
1996	£41,109	£583	33
1995	£36,300	£401	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,429	£3,225	7
2023	£242,636	£2,706	22
2022	£222,024	£2,691	29
2021	£227,249	£2,619	35
2020	£210,952	£2,246	26
2019	£183,078	£2,179	39
2018	£168,838	£2,086	28
2017	£165,676	£1,981	34
2016	£164,250	£1,799	30
2015	£142,843	£1,742	22
2014	£142,109	£1,594	33
2013	£135,875	£1,584	30
2012	£127,156	£1,639	16
2011	£120,682	£1,405	19
2010	£149,228	£1,655	23
2009	£129,677	£1,507	15
2008	£143,608	£1,678	13
2007	£146,560	£1,536	48
2006	£132,066	£1,505	50
2005	£141,164	£1,627	36
2004	£122,371	£1,392	52
2003	£98,838	£1,187	34
2002	£76,239	£890	42
2001	£68,512	£827	42
2000	£65,782	£777	36
1999	£55,268	£636	50
1998	£53,091	£606	34
1997	£49,900	£608	43
1996	£45,205	£522	36
1995	£47,298	£506	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£230,000		1
2023	£515,000	£3,412	2
2022	£375,000		1
2021	£117,500		2
2020	£440,833	£2,294	3
2019	£155,000		3
2018	£618,500		3
2017	£261,000		4
2016	£52,000	£1,270	2
2013	£225,000		1

House Type in B62 8JZ area

The most common house types in the B62 8JZ postcode area are Semi-detached (83), Detached (22), and Terraced (8).

Total	114
Semi-detached	83
Detached	22
Terraced	8
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	50
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	7
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B62 8JZ have 2 people in household (34), and 1 person in household (24).

2 people in household	34
1 person in household	24
3 people in household	24
4 people in household	18
5 people in household	6
7 people in household	4
6 people in household	2
8 or more people in household	1
0 people in household	0