Housing Market Analysis for OLIVE LANE, B62 8LZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £102,333 median price is £87,000 Standard Deviation is £63,052 with Total Sold: 6
- The Last 5 Year average price is £185,000 with Total Sold: 2
- The most recent sale happened at this postcode is 67 OLIVE LANE: £185,000 (Sold on 07 May 2021)
- The first recorded sale happened at this postcode is 66 OLIVE LANE: £35,000 (Sold on 05 Aug 1998)
Semi-Detached
- The average price is around £118,200 median price is £92,000 Standard Deviation is £81,349 with Total Sold: 15
- The Last 5 Year average price is £201,250 with Total Sold: 4
- The most recent sale happened at this postcode is 76 OLIVE LANE: £255,000 (Sold on 19 Mar 2021)
- The first recorded sale happened at this postcode is 79 OLIVE LANE: £32,500 (Sold on 15 Mar 1996)
Detached
- The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 72 OLIVE LANE: £150,000 (Sold on 23 Apr 2008)
- The first recorded sale happened at this postcode is 72 OLIVE LANE: £150,000 (Sold on 23 Apr 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 8LZ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£185,000		2
2008	£105,000	£1,050	1
2002	£69,000	£690	1
1998	£35,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£255,000	£2,056	1
2020	£183,333	£1,491	3
2018	£137,500	£1,664	2
2017	£85,000	£1,667	1
2014	£94,000	£1,197	1
2013	£70,000	£656	2
2005	£233,000	£1,153	1
1999	£41,500	£814	1
1998	£35,000	£473	1
1997	£32,000	£432	1
1996	£32,500	£161	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£150,000		1

All the Sales in the OLIVE LANE, B62 8LZ

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

Address	Sold Date	Price	% Change
67 OLIVE LANETerraced, Freehold	07 May 2021	£185,000	428.57%
67 OLIVE LANETerraced, Freehold	05 Aug 1998	£35,000	First Sale
66 OLIVE LANETerraced, Freehold	07 May 2021	£185,000	428.57%
66 OLIVE LANETerraced, Freehold	05 Aug 1998	£35,000	First Sale
76 OLIVE LANESemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1900-1929	19 Mar 2021	£255,000	First Sale
71 OLIVE LANESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1900-1929	11 Sep 2020	£160,000	First Sale
79 OLIVE LANESemi-Detached, FreeholdArea: 202 Sq.mtrAge: before 1900	27 Mar 2020	£280,000	20.17%
	02 Dec 2005	£233,000	616.92%
	15 Mar 1996	£32,500	First Sale
68 OLIVE LANESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	28 Feb 2020	£110,000	214.29%
	05 Aug 1998	£35,000	9.38%
	24 Feb 1997	£32,000	First Sale
75 OLIVE LANESemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1900-1929	27 Mar 2018	£183,000	245.28%
	30 Apr 2013	£53,000	First Sale
77 OLIVE LANESemi-Detached, FreeholdArea: 51 Sq.mtrAge: 1900-1929	14 Mar 2018	£92,000	8.24%
	19 Dec 2017	£85,000	104.82%
	03 Jun 1999	£41,500	First Sale
81 OLIVE LANESemi-Detached, FreeholdArea: 78.51 Sq.mtrAge: 1900-1929	21 Nov 2014	£94,000	First Sale
80 OLIVE LANESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1900-1929	15 Oct 2013	£87,000	-17.14%
	03 Oct 2008	£105,000	52.17%
	26 Jul 2002	£69,000	First Sale
72 OLIVE LANEDetached, Freehold	23 Apr 2008	£150,000	First Sale

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

OLIVE LANE, B62 8LZ Near By properties

Interactive Map

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

Terraced
- The average price is around £98,481 median price is £91,625 Standard Deviation is £56,164 with Total Sold: 778
- The Last 5 Year average price is £171,903 with Total Sold: 89
- 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 £119,982 median price is £112,000 Standard Deviation is £64,588 with Total Sold: 843
- The Last 5 Year average price is £211,425 with Total Sold: 115
- 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 £185,074 median price is £175,000 Standard Deviation is £98,077 with Total Sold: 276
- The Last 5 Year average price is £290,139 with Total Sold: 46
- The most recent sale happened at this postcode is , 19B GREENHILL ROAD: £425,000 (Sold on 18 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 £73,171 median price is £71,750 Standard Deviation is £34,635 with Total Sold: 106
- The Last 5 Year average price is £101,600 with Total Sold: 15
- 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 £247,340 median price is £141,000 Standard Deviation is £281,062 with Total Sold: 40
- The Last 5 Year average price is £292,281 with Total Sold: 16
- 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	£184,800		5
2023	£200,611	£2,321	18
2022	£196,133	£2,320	15
2021	£162,826	£1,946	35
2020	£132,718	£1,815	16
2019	£154,010	£1,765	28
2018	£129,780	£1,526	32
2017	£136,306	£1,599	30
2016	£120,613	£1,417	26
2015	£106,234	£1,183	32
2014	£116,748	£1,280	31
2013	£110,357	£1,233	14
2012	£122,373	£1,380	11
2011	£115,794	£1,361	17
2010	£115,284	£1,781	16
2009	£94,836	£1,196	11
2008	£109,990	£1,164	31
2007	£110,977	£1,332	37
2006	£104,505	£1,284	32
2005	£106,795	£1,343	30
2004	£91,530	£1,170	32
2003	£75,907	£903	29
2002	£67,747	£788	42
2001	£52,162	£557	30
2000	£47,186	£668	38
1999	£40,568	£625	37
1998	£39,653	£449	22
1997	£37,985	£497	26
1996	£39,871	£562	34
1995	£35,628	£396	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£219,950	£3,225	10
2023	£219,944	£2,737	18
2022	£209,247	£2,564	25
2021	£215,593	£2,448	29
2020	£202,180	£2,173	33
2019	£177,685	£2,078	38
2018	£146,225	£1,762	22
2017	£151,259	£1,849	29
2016	£149,667	£1,785	30
2015	£137,222	£1,700	18
2014	£131,630	£1,488	23
2013	£131,045	£1,563	28
2012	£113,566	£1,469	15
2011	£124,211	£1,438	14
2010	£148,234	£1,597	16
2009	£121,511	£1,512	14
2008	£136,992	£1,565	12
2007	£141,441	£1,528	44
2006	£125,298	£1,460	41
2005	£136,558	£1,590	33
2004	£117,474	£1,292	44
2003	£95,479	£1,220	32
2002	£77,091	£911	39
2001	£66,194	£813	36
2000	£61,900	£742	34
1999	£53,205	£650	46
1998	£49,452	£552	33
1997	£49,522	£594	34
1996	£42,134	£508	32
1995	£45,840	£513	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£356,667		3
2023	£402,667	£3,369	3
2022	£314,207	£3,029	14
2021	£280,227	£2,952	11
2020	£239,133	£2,663	15
2019	£217,500	£2,710	4
2018	£209,545	£2,584	10
2017	£246,500	£2,406	3
2016	£206,279	£2,112	15
2015	£250,876	£2,278	31
2014	£227,571	£2,276	7
2013	£201,248	£1,931	9
2012	£165,643	£2,138	7
2011	£166,595	£1,869	5
2010	£187,312	£1,931	8
2009	£192,000	£2,073	5
2008	£254,992	£1,592	6
2007	£210,855	£1,548	11
2006	£196,056	£1,762	9
2005	£180,125	£1,857	4
2004	£149,574	£1,506	16
2003	£118,510	£1,220	10
2002	£91,044	£1,123	9
2001	£95,650	£1,016	8
2000	£69,500	£794	9
1999	£107,606	£767	9
1998	£67,529	£861	7
1997	£67,895	£1,035	11
1996	£60,042	£970	12
1995	£54,240	£806	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£85,000		1
2023	£109,250	£1,826	2
2022	£104,667	£2,073	3
2021	£109,571	£1,482	7
2020	£69,750	£1,320	2
2019	£75,000	£1,136	1
2018	£97,667	£1,381	6
2017	£65,000	£1,499	4
2016	£96,975	£1,364	2
2015	£94,750	£1,356	4
2014	£53,000	£741	1
2013	£70,750	£812	4
2011	£85,000	£1,424	1
2010	£88,000	£2,207	1
2009	£70,000	£1,528	2
2008	£85,000	£1,328	1
2007	£105,707	£1,699	7
2006	£80,492	£1,589	6
2005	£91,749	£1,830	7
2004	£107,738	£1,269	4
2003	£62,780	£1,204	5
2002	£58,750	£848	8
2001	£36,250	£667	4
2000	£32,812	£962	4
1999	£35,361	£637	4
1998	£28,238	£621	4
1997	£29,250	£622	2
1996	£43,750	£547	4
1995	£32,000	£614	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£287,500		2
2023	£296,500	£3,412	6
2022	£375,000		1
2021	£117,500		2
2020	£342,500	£1,673	5
2019	£133,000	£379	6
2018	£411,500		6
2017	£197,714		7
2016	£61,333	£1,270	3
2014	£249,600		1
2013	£132,500		1

House Type in B62 8LZ area

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