Housing Market Analysis for OLIVE LANE, B62 8LS

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £106,194 median price is £105,650 Standard Deviation is £43,349 with Total Sold: 8
- The Last 5 Year average price is £200,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 OLIVE LANE: £200,000 (Sold on 27 Mar 2023)
- The first recorded sale happened at this postcode is 37 OLIVE LANE: £58,000 (Sold on 07 Jan 2000)
Flat
- The average price is around £53,317 median price is £64,950 Standard Deviation is £17,921 with Total Sold: 3
- The Last 5 Year average price is £67,000 with Total Sold: 1
- The most recent sale happened at this postcode is 22B OLIVE LANE: £67,000 (Sold on 13 Nov 2020)
- The first recorded sale happened at this postcode is 22B OLIVE LANE: £28,000 (Sold on 08 Aug 1997)
Terraced
- The average price is around £73,364 median price is £69,000 Standard Deviation is £37,959 with Total Sold: 11
- The most recent sale happened at this postcode is 18 OLIVE LANE: £85,000 (Sold on 03 Oct 2013)
- The first recorded sale happened at this postcode is 30 OLIVE LANE: £48,500 (Sold on 25 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 8LS 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
2023	£200,000	£2,000	1
2013	£122,500	£1,912	1
2010	£122,000	£1,904	1
2006	£105,300	£1,066	1
2005	£106,000	£1,655	1
2002	£83,000	£761	1
2000	£55,375	£905	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£67,000	£1,489	1
2006	£64,950	£1,443	1
1997	£28,000	£622	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£114,250	£1,399	2
2010	£116,000	£1,277	1
2005	£122,500	£1,201	1
2002	£78,000	£765	1
2001	£48,000	£422	2
2000	£39,167	£545	3
1996	£48,500	£475	1

All the Sales in the OLIVE LANE, B62 8LS

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

Address	Sold Date	Price	% Change
8 OLIVE LANESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1900-1929	27 Mar 2023	£200,000	140.96%
	31 May 2002	£83,000	First Sale
22B OLIVE LANEFlat, LeaseholdArea: 45 Sq.mtrAge: 1950-1966	13 Nov 2020	£67,000	3.16%
	28 Apr 2006	£64,950	131.96%
	08 Aug 1997	£28,000	First Sale
18 OLIVE LANETerraced, FreeholdArea: 66 Sq.mtrAge: 1900-1929	03 Oct 2013	£85,000	136.11%
	25 Feb 2000	£36,000	First Sale
37 OLIVE LANESemi-Detached, FreeholdArea: 64.06 Sq.mtrAge: 1976-1982	10 Jun 2013	£122,500	0.41%
	26 Nov 2010	£122,000	15.09%
	01 Apr 2005	£106,000	82.76%
	07 Jan 2000	£58,000	First Sale
35 OLIVE LANETerraced, FreeholdArea: 95 Sq.mtrAge: 1967-1975	19 Apr 2013	£143,500	First Sale
30 OLIVE LANETerraced, FreeholdArea: 90.84 Sq.mtrAge: 1950-1966	16 Sep 2010	£116,000	-5.31%
	28 Jun 2005	£122,500	57.05%
	12 Apr 2002	£78,000	60.82%
	25 Oct 1996	£48,500	First Sale
7 OLIVE LANESemi-Detached, FreeholdArea: 98.76 Sq.mtrAge: 1900-1929	07 Apr 2006	£105,300	First Sale
19 OLIVE LANETerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	30 Nov 2001	£27,000	First Sale
11 OLIVE LANETerraced, Freehold	25 May 2001	£69,000	First Sale
16 OLIVE LANETerraced, Freehold	20 Oct 2000	£51,500	71.67%
16 OLIVE LANETerraced, Freehold	14 Jul 2000	£30,000	First Sale
36 OLIVE LANESemi-Detached, Freehold	31 Jan 2000	£52,750	First Sale

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

OLIVE LANE, B62 8LS Near By properties

Interactive Map

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

Terraced
- The average price is around £91,437 median price is £88,250 Standard Deviation is £48,987 with Total Sold: 922
- The Last 5 Year average price is £152,631 with Total Sold: 147
- 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 £113,073 median price is £108,000 Standard Deviation is £59,943 with Total Sold: 916
- The Last 5 Year average price is £191,097 with Total Sold: 164
- 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 £155,379 median price is £147,000 Standard Deviation is £83,177 with Total Sold: 244
- The Last 5 Year average price is £253,883 with Total Sold: 48
- 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 £70,545 median price is £72,000 Standard Deviation is £32,243 with Total Sold: 125
- The Last 5 Year average price is £100,026 with Total Sold: 19
- 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 £309,818 median price is £140,000 Standard Deviation is £611,555 with Total Sold: 53
- The Last 5 Year average price is £242,137 with Total Sold: 31
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£164,438	£2,303	8
2023	£181,542	£2,146	24
2022	£169,337	£2,370	23
2021	£151,698	£1,928	48
2020	£130,044	£1,730	16
2019	£125,260	£1,551	28
2018	£116,607	£1,511	37
2017	£123,757	£1,514	29
2016	£122,067	£1,624	37
2015	£98,061	£1,241	32
2014	£98,938	£1,227	30
2013	£102,592	£1,380	20
2012	£99,749	£1,387	21
2011	£100,615	£1,302	13
2010	£108,861	£1,920	18
2009	£91,309	£1,245	11
2008	£106,027	£1,223	26
2007	£106,446	£1,427	47
2006	£96,454	£1,325	49
2005	£101,602	£1,429	41
2004	£88,599	£1,179	34
2003	£71,793	£919	43
2002	£61,010	£820	53
2001	£46,623	£609	37
2000	£38,448	£505	40
1999	£37,711	£694	33
1998	£33,583	£409	29
1997	£33,754	£475	28
1996	£37,848	£592	41
1995	£36,958	£494	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£203,458	£4,851	12
2023	£222,794	£2,766	17
2022	£208,639	£2,602	30
2021	£204,384	£2,361	37
2020	£179,603	£1,942	34
2019	£152,442	£1,914	34
2018	£146,540	£1,786	24
2017	£139,183	£1,790	30
2016	£143,448	£1,733	29
2015	£134,638	£1,714	29
2014	£118,308	£1,480	26
2013	£112,211	£1,430	23
2012	£114,333	£1,626	15
2011	£108,700	£1,388	15
2010	£132,056	£1,566	18
2009	£117,127	£1,581	13
2008	£132,000	£1,447	10
2007	£134,517	£1,671	51
2006	£121,912	£1,506	51
2005	£130,126	£1,537	35
2004	£110,380	£1,265	47
2003	£94,377	£1,275	40
2002	£72,777	£912	40
2001	£63,628	£819	39
2000	£55,678	£708	33
1999	£49,523	£669	46
1998	£45,926	£586	35
1997	£47,149	£589	42
1996	£40,309	£561	38
1995	£44,946	£560	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£360,000		1
2023	£256,833	£3,339	3
2022	£268,536	£2,978	11
2021	£272,958	£2,855	12
2020	£233,031	£2,696	16
2019	£219,600	£2,847	5
2018	£185,400	£2,763	5
2017	£199,742	£2,134	6
2016	£201,100	£2,182	10
2015	£193,400	£2,280	10
2014	£187,929	£2,174	7
2013	£159,200	£2,081	5
2012	£145,000	£2,184	8
2011	£161,700	£1,859	5
2010	£164,650	£1,870	8
2009	£162,167	£1,397	3
2008	£170,000	£1,445	5
2007	£194,494	£1,417	8
2006	£176,428	£1,917	7
2005	£216,125	£1,857	4
2004	£143,162	£1,755	12
2003	£111,966	£1,229	12
2002	£93,238	£1,108	12
2001	£89,492	£1,251	13
2000	£63,855	£717	11
1999	£100,278	£674	9
1998	£62,739	£728	9
1997	£71,765	£1,146	13
1996	£60,200	£1,053	10
1995	£54,550	£806	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£85,000		1
2023	£109,250	£1,826	2
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	£85,000	£1,424	1
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	£36,250	£706	6
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£287,500		2
2023	£252,125	£3,412	8
2022	£238,333	£3,125	3
2021	£287,857	£1,557	7
2020	£128,250	£932	5
2019	£257,166	£379	6
2018	£197,333		6
2017	£176,000	£1,646	9
2016	£1,152,800	£1,270	5
2014	£249,600		1
2013	£132,500		1

House Type in B62 8LS area

The most common house types in the B62 8LS postcode area are Terraced (48), Flat (48), and Semi-detached (16).

Total	128
Terraced	48
Flat	48
Semi-detached	16
converted building	7
Detached	6
Shared house	3
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (48), and Owned: Owns outright (26).

Social rented: Rents from council or Local Authority	48
Owned: Owns outright	26
Owned: Owns with a mortgage or loan	25
Private rented: Private landlord or letting agency	24
Private rented: Other private rented	4
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B62 8LS have 1 person in household (71), and 2 people in household (33).

1 person in household	71
2 people in household	33
4 people in household	10
3 people in household	5
5 people in household	5
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0