Housing Market Analysis for WELBECK CLOSE, B62 8PX

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

Overview of Sold House prices

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

Detached
- The average price is around £258,809 median price is £197,500 Standard Deviation is £111,225 with Total Sold: 37
- The Last 5 Year average price is £532,667 with Total Sold: 3
- The most recent sale happened at this postcode is 4 WELBECK CLOSE: £475,000 (Sold on 17 Feb 2023)
- The first recorded sale happened at this postcode is 17 WELBECK CLOSE: £633,000 (Sold on 05 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 8PX 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£475,000	£4,130	1
2022	£490,000	£5,506	1
2018	£336,000	£2,922	1
2015	£296,250	£2,963	2
2014	£370,000	£2,712	2
2007	£287,500	£1,652	3
2006	£341,250	£2,568	2
2003	£282,125	£3,146	4
2002	£221,250	£2,089	2
2001	£195,817	£1,562	3
2000	£173,733	£1,455	15
2024	£633,000	£4,587	1

All the Sales in the WELBECK CLOSE, B62 8PX

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

Address	Sold Date	Price	% Change
4 WELBECK CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1996-2002	17 Feb 2023	£475,000	41.37%
	18 Jun 2018	£336,000	76.84%
	07 Sep 2007	£190,000	15.15%
	24 Nov 2000	£165,000	First Sale
1B WELBECK CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 2003-2006	05 Oct 2022	£490,000	75.00%
	12 Dec 2003	£280,000	First Sale
20 WELBECK CLOSEDetached, FreeholdArea: 74 Sq.mtrAge: 1996-2002	16 Nov 2015	£227,500	46.77%
	25 Oct 2002	£155,000	29.17%
	31 Mar 2000	£120,000	First Sale
8 WELBECK CLOSEDetached, FreeholdArea: 128 Sq.mtrAge: 1996-2002	06 Nov 2015	£365,000	8.15%
	08 Dec 2006	£337,500	68.79%
	09 Feb 2001	£199,950	8.96%
	07 Jul 2000	£183,500	First Sale
17 WELBECK CLOSEDetached, FreeholdArea: 138 Sq.mtrAge: 1996-2002	15 Oct 2014	£360,000	4.35%
	09 Jun 2006	£345,000	20.00%
	29 Nov 2002	£287,500	57.53%
	12 Oct 2000	£182,500	-71.17%
	05 Apr 2024	£633,000	First Sale
14 WELBECK CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 1996-2002	02 Oct 2014	£380,000	92.41%
	28 Jul 2000	£197,500	First Sale
18 WELBECK CLOSEDetached, Freehold	20 Dec 2007	£352,500	83.12%
18 WELBECK CLOSEDetached, Freehold	02 May 2001	£192,500	First Sale
1C WELBECK CLOSEDetached, Freehold	06 Mar 2007	£320,000	18.52%
1C WELBECK CLOSEDetached, Freehold	28 Nov 2003	£270,000	First Sale
1A WELBECK CLOSEDetached, Freehold	02 Oct 2003	£280,000	First Sale
2 WELBECK CLOSEDetached, Freehold	16 Apr 2003	£298,500	First Sale
11 WELBECK CLOSEDetached, Freehold	26 Jan 2001	£195,000	First Sale
3 WELBECK CLOSEDetached, Freehold	01 Dec 2000	£165,000	First Sale
9 WELBECK CLOSEDetached, Freehold	22 Sep 2000	£192,500	First Sale
16 WELBECK CLOSEDetached, Freehold	21 Aug 2000	£180,000	First Sale
15 WELBECK CLOSEDetached, Freehold	21 Jul 2000	£182,500	First Sale
12 WELBECK CLOSEDetached, Freehold	14 Jul 2000	£197,500	First Sale
10 WELBECK CLOSEDetached, Freehold	14 Jun 2000	£180,000	First Sale
6 WELBECK CLOSEDetached, Freehold	09 Jun 2000	£195,000	First Sale
7 WELBECK CLOSEDetached, Freehold	31 May 2000	£180,000	First Sale
5 WELBECK CLOSEDetached, Freehold	19 May 2000	£170,000	First Sale
19 WELBECK CLOSEDetached, Freehold	31 Mar 2000	£115,000	First Sale

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

WELBECK CLOSE, B62 8PX Near By properties

Interactive Map

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

Flat
- The average price is around £97,273 median price is £93,000 Standard Deviation is £43,545 with Total Sold: 267
- The Last 5 Year average price is £134,040 with Total Sold: 46
- 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 , 9 WITTON BANK: £39,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £164,916 median price is £157,500 Standard Deviation is £84,676 with Total Sold: 662
- The Last 5 Year average price is £278,862 with Total Sold: 104
- The most recent sale happened at this postcode is , 193 KENT ROAD: £300,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 71 GOWER ROAD: £100,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £258,455 median price is £245,000 Standard Deviation is £135,636 with Total Sold: 363
- The Last 5 Year average price is £404,258 with Total Sold: 48
- The most recent sale happened at this postcode is , 134 SHENSTONE VALLEY ROAD: £375,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , FAIRWAYS WESTERN AVENUE: £117,500 (Sold on 05 May 1995)
Terraced
- The average price is around £178,899 median price is £187,250 Standard Deviation is £92,632 with Total Sold: 166
- The Last 5 Year average price is £285,822 with Total Sold: 32
- The most recent sale happened at this postcode is , 56 MANOR LANE: £490,000 (Sold on 09 Jul 2024)
- The first recorded sale happened at this postcode is , 35 ASTLEY AVENUE: £75,000 (Sold on 22 Mar 1995)
Other
- The average price is around £329,999 median price is £177,500 Standard Deviation is £370,936 with Total Sold: 12
- The Last 5 Year average price is £268,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 22 MANOR LANE: £360,000 (Sold on 24 May 2023)
- The first recorded sale happened at this postcode is , 2 MANOR LANE: £180,000 (Sold on 09 Dec 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£145,111		9
2023	£112,125	£2,398	8
2022	£151,714	£2,721	7
2021	£131,621	£2,449	7
2020	£134,600	£2,305	10
2019	£126,700	£2,095	5
2018	£108,996	£2,018	13
2017	£123,126	£1,744	6
2016	£82,250	£1,690	6
2015	£117,091	£2,020	11
2014	£114,359	£2,329	11
2013	£84,750	£1,559	4
2012	£119,500	£1,745	3
2011	£74,250	£1,849	2
2010	£105,400	£1,824	5
2009	£91,800	£1,732	5
2008	£165,000	£2,578	2
2007	£101,500	£1,750	9
2006	£101,945	£2,094	10
2005	£101,100	£1,967	5
2004	£101,475	£2,286	16
2003	£87,447	£1,780	18
2002	£80,403	£1,741	18
2001	£97,962	£1,733	32
2000	£64,743	£962	7
1999	£32,500	£1,025	5
1998	£53,273	£849	11
1997	£40,535	£694	7
1996	£51,575	£810	10
1995	£45,890	£768	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,562		8
2023	£303,853	£3,635	17
2022	£294,318	£3,289	22
2021	£278,183	£2,875	26
2020	£252,364	£2,659	11
2019	£248,598	£2,660	20
2018	£222,939	£2,537	23
2017	£204,012	£2,204	13
2016	£219,814	£2,211	21
2015	£191,244	£1,996	27
2014	£192,198	£2,001	25
2013	£167,050	£1,908	15
2012	£191,375	£1,802	16
2011	£153,963	£1,741	15
2010	£162,424	£1,763	21
2009	£173,213	£1,968	15
2008	£199,657	£1,988	22
2007	£183,920	£1,773	32
2006	£180,498	£1,951	26
2005	£156,972	£2,079	20
2004	£141,624	£1,459	23
2003	£150,971	£1,538	29
2002	£121,366	£1,227	31
2001	£104,700	£1,049	30
2000	£100,773	£906	31
1999	£72,177	£773	30
1998	£70,147	£709	15
1997	£64,159	£660	28
1996	£63,451	£658	30
1995	£61,584	£656	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£507,000	£4,587	4
2023	£460,833	£3,738	6
2022	£402,150	£3,360	10
2021	£416,040	£2,967	10
2020	£392,500	£2,756	8
2019	£328,950	£2,614	10
2018	£372,763	£2,758	19
2017	£363,881	£2,638	13
2016	£336,154	£2,721	13
2015	£315,694	£2,555	18
2014	£279,286	£2,612	7
2013	£278,071	£2,441	7
2012	£276,045	£2,299	11
2011	£231,983	£1,867	6
2010	£241,521	£2,452	7
2009	£255,989	£2,165	6
2008	£297,890	£2,194	5
2007	£360,567	£2,210	15
2006	£281,500	£2,086	16
2005	£271,675	£1,786	14
2004	£245,717	£1,833	9
2003	£275,674	£2,249	17
2002	£193,625	£1,534	16
2001	£182,448	£1,416	21
2000	£158,569	£1,496	29
1999	£139,891	£929	16
1998	£112,455	£683	11
1997	£102,088	£839	17
1996	£93,803	£805	18
1995	£115,625	£674	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£490,000		1
2023	£321,167	£3,437	6
2022	£290,500	£3,108	6
2021	£307,738	£3,347	8
2020	£217,750	£2,394	2
2019	£232,100	£2,390	9
2018	£252,250	£2,757	8
2017	£215,100	£2,560	3
2016	£187,500	£2,206	1
2015	£168,716	£1,960	8
2014	£219,333	£2,276	3
2013	£210,000	£2,234	1
2012	£195,000	£1,533	1
2011	£167,600	£1,788	5
2010	£160,750	£1,790	6
2009	£191,250	£1,796	7
2008	£177,125		4
2007	£259,812	£2,873	8
2006	£175,393	£1,187	7
2005	£210,667	£2,115	6
2004	£157,000	£1,822	5
2003	£183,000	£1,858	3
2002	£136,271	£1,010	7
2001	£121,550	£1,097	5
2000	£97,717	£1,352	9
1999	£94,086	£1,285	7
1998	£85,000	£833	5
1997	£74,392		6
1996	£98,574	£1,831	9
1995	£67,513	£703	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£360,000		1
2019	£222,500		2
2018	£462,498	£1,545	6
2017	£100,000		2
2014	£180,000		1

House Type in B62 8PX area

The most common house types in the B62 8PX postcode area are Detached (101), Semi-detached (31), and Flat (11).

Total	147
Detached	101
Semi-detached	31
Flat	11
commercial building	4
Terraced	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	93
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B62 8PX have 2 people in household (66), and 1 person in household (34).

2 people in household	66
1 person in household	34
3 people in household	20
4 people in household	18
5 people in household	6
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0