Housing Market Analysis for PARKES LANE, DY4 9JG

Are you looking to understand DY4 9JG 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 Sandwell postcode.

For the location information and nearby amenities in the DY4 9JG area, explore the DY4 9JG Area information page.
For comprehensive crime statistics in the DY4 9JG area, explore the DY4 9JG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DY4 9JG postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £122,250 median price is £119,500 Standard Deviation is £47,933 with Total Sold: 14
- The Last 5 Year average price is £163,000 with Total Sold: 6
- The most recent sale happened at this postcode is 6 PARKES LANE: £168,000 (Sold on 22 Feb 2023)
- The first recorded sale happened at this postcode is 12 PARKES LANE: £33,500 (Sold on 18 Jan 2002)
Terraced
- The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 10 PARKES LANE: £45,000 (Sold on 04 Apr 2001)
- The first recorded sale happened at this postcode is 10 PARKES LANE: £45,000 (Sold on 04 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average DY4 9JG 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	£168,000	£1,931	1
2022	£232,000	£2,578	1
2021	£120,000	£1,304	1
2020	£161,500	£1,788	2
2019	£135,000	£1,824	1
2014	£86,500	£1,178	2
2009	£119,000	£1,322	1
2008	£119,000		1
2007	£104,500	£1,236	2
2006	£80,000	£1,111	1
2002	£33,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£45,000	£503	1

All the Sales in the PARKES LANE, DY4 9JG

See the table below for more details on the sold house prices in the DY4 9JG, Sandwell postcode.

Address	Sold Date	Price	% Change
6 PARKES LANESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	22 Feb 2023	£168,000	First Sale
2 PARKES LANESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	30 Aug 2022	£232,000	94.96%
	15 May 2009	£119,000	First Sale
5 PARKES LANESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1900-1929	30 Jun 2021	£120,000	First Sale
31B PARKES LANESemi-Detached, FreeholdArea: 87 Sq.mtr	01 Sep 2020	£188,000	First Sale
1 PARKES LANESemi-Detached, FreeholdArea: 95.4 Sq.mtrAge: 1930-1949	24 Aug 2020	£135,000	First Sale
20 PARKES LANESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	22 Feb 2019	£135,000	First Sale
23 PARKES LANESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	31 Mar 2014	£90,000	First Sale
24 PARKES LANESemi-Detached, FreeholdArea: 72.85 Sq.mtrAge: 1930-1949	20 Jan 2014	£83,000	-6.74%
	19 Mar 2007	£89,000	11.25%
	21 Feb 2006	£80,000	First Sale
7 PARKES LANESemi-Detached, Freehold	09 May 2008	£119,000	-0.83%
7 PARKES LANESemi-Detached, Freehold	13 Feb 2007	£120,000	First Sale
12 PARKES LANESemi-Detached, Freehold	18 Jan 2002	£33,500	First Sale
10 PARKES LANETerraced, FreeholdArea: 89.49 Sq.mtrAge: 1900-1929	04 Apr 2001	£45,000	First Sale

Check out the sold house prices near the DY4 9JG postcode. Properties currently for saleProperties currently for rent

PARKES LANE, DY4 9JG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DY4 9JG 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 DY4 9JG postcode.

Semi-Detached
- The average price is around £93,037 median price is £88,500 Standard Deviation is £46,750 with Total Sold: 725
- The Last 5 Year average price is £158,247 with Total Sold: 111
- The most recent sale happened at this postcode is , 6 WARING CLOSE: £222,500 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 10 MAYHURST CLOSE: £44,500 (Sold on 20 Jan 1995)
Detached
- The average price is around £140,502 median price is £120,000 Standard Deviation is £73,222 with Total Sold: 163
- The Last 5 Year average price is £221,203 with Total Sold: 38
- The most recent sale happened at this postcode is , 14 LORDSMORE CLOSE: £305,000 (Sold on 09 Jul 2024)
- The first recorded sale happened at this postcode is , 2 JENNY CLOSE: £59,995 (Sold on 01 Feb 1996)
Flat
- The average price is around £45,281 median price is £39,000 Standard Deviation is £25,993 with Total Sold: 230
- The Last 5 Year average price is £62,284 with Total Sold: 46
- The most recent sale happened at this postcode is , 2 CHURCHFIELD AVENUE: £48,000 (Sold on 13 Apr 2024)
- The first recorded sale happened at this postcode is , 4 WORDSWORTH CLOSE: £31,250 (Sold on 31 Mar 1995)
Terraced
- The average price is around £82,271 median price is £80,000 Standard Deviation is £37,478 with Total Sold: 653
- The Last 5 Year average price is £138,504 with Total Sold: 81
- The most recent sale happened at this postcode is , 43 BRUNEL COURT: £165,250 (Sold on 21 Mar 2024)
- The first recorded sale happened at this postcode is , 6 WORDSWORTH CLOSE: £38,950 (Sold on 06 Mar 1995)
Other
- The average price is around £229,802 median price is £150,475 Standard Deviation is £224,392 with Total Sold: 28
- The Last 5 Year average price is £216,656 with Total Sold: 19
- The most recent sale happened at this postcode is , 33 HIGH STREET: £175,000 (Sold on 15 Nov 2023)
- The first recorded sale happened at this postcode is UNIT 7, PRINCES END INDUSTRIAL PARK NICHOLLS ROAD: £58,000 (Sold on 26 Nov 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,786	£2,211	7
2023	£191,622	£2,431	16
2022	£163,727	£2,186	22
2021	£162,087	£2,166	23
2020	£140,775	£1,696	20
2019	£130,630	£1,728	23
2018	£140,449	£1,729	21
2017	£137,770	£1,812	33
2016	£113,604	£1,449	24
2015	£101,896	£1,307	24
2014	£102,000	£1,271	24
2013	£109,200	£1,489	5
2012	£86,889	£1,040	9
2011	£97,895	£1,153	20
2010	£87,762	£1,194	12
2009	£95,591	£1,192	11
2008	£114,761	£1,490	19
2007	£102,809	£1,488	38
2006	£103,122	£1,533	29
2005	£100,889	£1,368	24
2004	£99,048	£1,164	35
2003	£69,124	£978	27
2002	£63,969	£920	43
2001	£55,911	£827	25
2000	£41,730	£563	24
1999	£44,047	£626	40
1998	£43,655	£608	25
1997	£43,770	£681	43
1996	£47,353	£684	28
1995	£43,124	£695	31

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,000	£2,294	5
2023	£264,238	£2,353	4
2022	£226,500	£2,589	2
2021	£217,200	£2,430	15
2020	£202,500	£2,529	2
2019	£182,775	£2,148	10
2018	£147,333	£1,442	3
2017	£152,000	£1,376	3
2016	£200,000	£1,924	3
2015	£166,875	£1,931	4
2014	£137,667	£1,645	3
2013	£130,500	£1,102	3
2012	£128,125	£1,726	4
2010	£148,500	£1,736	4
2009	£96,667	£591	3
2008	£148,300	£807	5
2007	£156,199	£2,010	5
2006	£129,667	£1,737	9
2005	£96,238	£1,666	4
2004	£255,838	£1,835	4
2003	£127,433	£1,321	9
2002	£109,863	£1,074	4
2001	£100,850	£1,129	4
2000	£73,290	£832	5
1999	£92,226	£922	14
1998	£86,968	£878	20
1997	£48,650	£659	6
1996	£58,856	£746	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£55,000	£1,209	2
2023	£60,500	£1,432	5
2022	£78,359	£1,369	21
2021	£60,250	£1,082	4
2020	£42,600	£659	5
2019	£39,222	£702	9
2018	£47,167	£677	6
2017	£55,874	£1,230	4
2016	£42,833	£675	6
2015	£32,500	£459	4
2014	£44,437	£798	8
2013	£45,000	£845	6
2012	£43,500	£784	2
2010	£44,500	£590	2
2009	£51,500	£944	3
2008	£84,207	£1,399	14
2007	£56,692	£918	13
2006	£67,000	£1,297	3
2005	£46,389	£761	9
2004	£47,015	£725	12
2003	£38,774	£727	16
2002	£25,633	£396	18
2001	£22,938	£438	8
2000	£21,500	£310	11
1999	£27,332	£777	3
1998	£18,790	£278	5
1997	£24,300	£460	3
1996	£23,400	£386	5
1995	£31,910	£655	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£183,625	£1,944	2
2023	£183,050	£2,434	15
2022	£143,263	£2,199	19
2021	£125,125	£1,790	12
2020	£119,609	£1,940	17
2019	£115,562	£1,671	16
2018	£111,477	£1,556	14
2017	£104,059	£1,518	17
2016	£94,580	£1,398	25
2015	£92,591	£1,328	24
2014	£95,597	£1,361	17
2013	£81,775	£1,263	10
2012	£85,359	£1,178	11
2011	£97,389	£1,448	9
2010	£93,962	£1,375	13
2009	£93,190	£1,388	5
2008	£107,968	£1,526	25
2007	£103,126	£1,549	34
2006	£97,868	£1,403	25
2005	£89,655	£1,433	30
2004	£86,874	£1,431	27
2003	£72,868	£1,004	27
2002	£66,402	£1,028	60
2001	£54,157	£816	43
2000	£42,011	£643	23
1999	£40,940	£654	23
1998	£41,260	£719	18
1997	£45,250	£736	36
1996	£44,395	£760	42
1995	£37,881	£768	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£97,500	£230	2
2022	£82,000	£889	2
2021	£423,317		3
2020	£193,704	£1,736	5
2019	£217,000	£1,242	7
2018	£225,000		1
2017	£248,333		3
2016	£411,667	£9,322	3
2015	£55,000		1
2014	£58,000		1

House Type in DY4 9JG area

The most common house types in the DY4 9JG postcode area are Semi-detached (90), Flat (34), and Terraced (14).

Total	141
Semi-detached	90
Flat	34
Terraced	14
Detached	2
Shared house	1
converted building	0
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 (54), and Owned: Owns with a mortgage or loan (32).

Social rented: Rents from council or Local Authority	54
Owned: Owns with a mortgage or loan	32
Owned: Owns outright	31
Social rented: Other social rented	10
Private rented: Private landlord or letting agency	10
Lives rent free	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the DY4 9JG have 1 person in household (56), and 2 people in household (36).

1 person in household	56
2 people in household	36
3 people in household	17
4 people in household	16
5 people in household	9
6 people in household	4
7 people in household	2
8 or more people in household	1
0 people in household	0