Housing Market Analysis for OLIVE LANE, B62 8LY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £110,821 median price is £115,000 Standard Deviation is £40,588 with Total Sold: 7
    • The Last 5 Year average price is £176,750 with Total Sold: 1
    • The most recent sale happened at this postcode is 127 OLIVE LANE: £176,750 (Sold on 22 Jan 2021)
    • The first recorded sale happened at this postcode is 126 OLIVE LANE: £40,000 (Sold on 01 Aug 2002)
  • Terraced
    • The average price is around £98,800 median price is £85,000 Standard Deviation is £47,165 with Total Sold: 5
    • The Last 5 Year average price is £190,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 127 OLIVE LANE: £80,000 (Sold on 11 Dec 2007)
    • The first recorded sale happened at this postcode is 119 OLIVE LANE: £190,000 (Sold on 16 Jun 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 8LY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£176,750 £2,458 1
2017£145,000 £2,016 1
2016£115,000 £1,322 1
2012£119,000 £1,655 1
2010£95,0001
2004£85,000 £1,175 1
2002£40,000 £553 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£80,000 £1,127 1
2004£86,0001
2003£85,0001
2001£53,0001
2023£190,0001

All the Sales in the OLIVE LANE, B62 8LY

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

AddressSold DatePrice% Change
127 OLIVE LANESemi-Detached, FreeholdArea: 71.92 Sq.mtrAge: 1930-194922 Jan 2021£176,75021.90%
02 Oct 2017£145,00021.85%
01 May 2012£119,00048.75%
11 Dec 2007£80,000First Sale
135 OLIVE LANESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196604 Nov 2016£115,000First Sale
137 OLIVE LANESemi-Detached, Freehold28 Jan 2010£95,000First Sale
120 OLIVE LANETerraced, Leasehold30 Apr 2004£86,0001.18%
11 Jul 2003£85,000First Sale
126 OLIVE LANESemi-Detached, FreeholdArea: 72.36 Sq.mtrAge: 1930-194916 Jan 2004£85,000112.50%
01 Aug 2002£40,000First Sale
134 OLIVE LANETerraced, Freehold10 Aug 2001£53,000First Sale
119 OLIVE LANETerraced, Freehold16 Jun 2023£190,000First Sale

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

OLIVE LANE, B62 8LY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £93,257 median price is £89,748 Standard Deviation is £50,780 with Total Sold: 830
    • The Last 5 Year average price is £155,426 with Total Sold: 130
    • 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 £116,596 median price is £112,000 Standard Deviation is £61,421 with Total Sold: 905
    • The Last 5 Year average price is £195,330 with Total Sold: 165
    • 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 £162,056 median price is £150,750 Standard Deviation is £87,388 with Total Sold: 252
    • The Last 5 Year average price is £266,828 with Total Sold: 50
    • 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 £71,793 median price is £72,000 Standard Deviation is £34,034 with Total Sold: 123
    • The Last 5 Year average price is £101,056 with Total Sold: 18
    • 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 £319,307 median price is £141,000 Standard Deviation is £628,137 with Total Sold: 50
    • The Last 5 Year average price is £246,940 with Total Sold: 29
    • 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£165,643 £2,303 7
2023£170,929 £2,111 21
2022£178,500 £2,456 18
2021£155,734 £1,946 43
2020£130,266 £1,770 15
2019£138,184 £1,632 26
2018£122,213 £1,529 35
2017£122,877 £1,530 27
2016£120,383 £1,612 30
2015£100,337 £1,189 31
2014£105,112 £1,264 29
2013£107,413 £1,377 19
2012£105,152 £1,400 18
2011£108,786 £1,343 14
2010£112,621 £1,870 17
2009£88,545 £1,154 10
2008£106,219 £1,178 26
2007£110,439 £1,444 42
2006£97,651 £1,328 44
2005£100,786 £1,372 33
2004£88,662 £1,171 33
2003£74,228 £936 32
2002£62,274 £802 47
2001£48,045 £629 33
2000£40,644 £542 31
1999£39,571 £675 33
1998£35,755 £417 24
1997£33,597 £475 27
1996£38,495 £578 38
1995£35,024 £456 27
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,885 £4,004 13
2023£224,156 £2,855 16
2022£206,455 £2,586 29
2021£207,897 £2,383 37
2020£187,586 £2,009 35
2019£161,615 £1,966 35
2018£146,172 £1,756 23
2017£146,798 £1,818 27
2016£143,672 £1,726 29
2015£138,483 £1,707 30
2014£124,077 £1,530 26
2013£130,160 £1,520 26
2012£116,250 £1,617 16
2011£111,781 £1,379 16
2010£139,647 £1,626 17
2009£121,396 £1,452 13
2008£132,727 £1,486 11
2007£136,228 £1,672 52
2006£121,820 £1,489 47
2005£135,482 £1,615 34
2004£113,720 £1,304 47
2003£95,145 £1,223 35
2002£75,038 £932 42
2001£65,539 £822 38
2000£58,683 £723 33
1999£50,399 £669 49
1998£45,806 £563 34
1997£48,388 £605 38
1996£41,631 £577 36
1995£44,705 £531 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,0001
2023£256,833 £3,339 3
2022£291,806 £2,957 16
2021£282,773 £2,887 11
2020£237,433 £2,587 15
2019£217,500 £2,710 4
2018£204,993 £2,533 7
2017£175,862 £2,071 4
2016£200,667 £2,090 12
2015£195,500 £2,233 10
2014£187,929 £2,174 7
2013£200,137 £1,995 9
2012£144,333 £2,073 6
2011£160,875 £1,859 4
2010£177,420 £1,824 10
2009£166,333 £2,169 3
2008£168,750 £1,445 4
2007£194,494 £1,417 8
2006£195,062 £1,809 8
2005£216,125 £1,857 4
2004£146,245 £1,560 13
2003£114,555 £1,220 11
2002£94,935 £1,092 10
2001£89,592 £1,016 13
2000£67,340 £766 10
1999£100,278 £674 9
1998£62,739 £728 9
1997£73,736 £1,019 14
1996£60,042 £970 12
1995£54,240 £806 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£85,0001
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£75,000 £1,136 1
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£107,369 £1,704 8
2006£81,612 £1,640 8
2005£94,542 £1,874 6
2004£100,790 £1,411 5
2003£58,636 £1,080 7
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£28,500 £611 3
1996£49,500 £530 3
1995£32,500 £656 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,5002
2023£252,125 £3,412 8
2022£232,5002
2021£320,0006
2020£128,250 £932 5
2019£257,166 £379 6
2018£197,3336
2017£184,250 £1,429 8
2016£1,152,800 £1,270 5
2014£249,6001
2013£132,5001

House Type in B62 8LY area

The most common house types in the B62 8LY postcode area are Semi-detached (119), Terraced (6), and Detached (4).

Total130
Semi-detached119
Terraced6
Detached4
Flat1
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 (51), and Social rented: Rents from council or Local Authority (36).

Owned: Owns with a mortgage or loan51
Social rented: Rents from council or Local Authority36
Owned: Owns outright30
Private rented: Private landlord or letting agency10
Lives rent free2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the B62 8LY have 2 people in household (30), and 1 person in household (28).

2 people in household30
1 person in household28
3 people in household25
4 people in household18
6 people in household14
5 people in household11
7 people in household1
8 or more people in household1
0 people in household0