Housing Market Analysis for SOMERSET DRIVE, DY8 4RL

Are you looking to understand DY8 4RL 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 DY8 4RL area, explore the DY8 4RL Area information page.
For comprehensive crime statistics in the DY8 4RL area, explore the DY8 4RL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DY8 4RL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £230,000 median price is £230,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 SOMERSET DRIVE: £230,000 (Sold on 05 Jan 2017)
    • The first recorded sale happened at this postcode is 15 SOMERSET DRIVE: £230,000 (Sold on 05 Jan 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average DY8 4RL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£230,000 £2,473 1

All the Sales in the SOMERSET DRIVE, DY8 4RL

See the table below for more details on the sold house prices in the DY8 4RL, Dudley postcode.

AddressSold DatePrice% Change
15 SOMERSET DRIVEDetached, FreeholdArea: 93 Sq.mtrAge: 1950-196605 Jan 2017£230,000First Sale

Check out the sold house prices near the DY8 4RL postcode. Properties currently for saleProperties currently for rent

SOMERSET DRIVE, DY8 4RL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DY8 4RL 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 DY8 4RL postcode.

  • Flat
    • The average price is around £89,478 median price is £90,000 Standard Deviation is £30,668 with Total Sold: 236
    • The Last 5 Year average price is £103,890 with Total Sold: 49
    • The most recent sale happened at this postcode is FLAT 32, LIDDIARD COURT BELFRY DRIVE: £100,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 20, LIDDIARD COURT BELFRY DRIVE: £70,000 (Sold on 20 Feb 1995)
  • Detached
    • The average price is around £243,156 median price is £232,500 Standard Deviation is £124,239 with Total Sold: 639
    • The Last 5 Year average price is £390,467 with Total Sold: 107
    • The most recent sale happened at this postcode is , 23 RIDGEWOOD AVENUE: £400,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 33 YORK CRESCENT: £70,950 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £149,386 median price is £139,475 Standard Deviation is £79,642 with Total Sold: 1,276
    • The Last 5 Year average price is £239,620 with Total Sold: 244
    • The most recent sale happened at this postcode is , 113 KINGSWAY: £195,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 66 GILBANKS ROAD: £30,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £142,447 median price is £132,000 Standard Deviation is £77,776 with Total Sold: 372
    • The Last 5 Year average price is £235,930 with Total Sold: 61
    • The most recent sale happened at this postcode is , 63 MERIDEN AVENUE: £385,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 12 RIDGE STREET: £72,000 (Sold on 30 Jan 1995)
  • Other
    • The average price is around £377,524 median price is £300,000 Standard Deviation is £301,485 with Total Sold: 23
    • The Last 5 Year average price is £393,003 with Total Sold: 16
    • The most recent sale happened at this postcode is , 66 BRIDLE ROAD: £960,000 (Sold on 16 May 2024)
    • The first recorded sale happened at this postcode is , 131 HIGH STREET: £372,000 (Sold on 06 Oct 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£101,2504
2023£121,562 £2,367 8
2022£100,828 £2,396 9
2021£112,000 £2,039 5
2020£99,286 £1,903 7
2019£96,915 £1,689 16
2018£102,875 £1,954 12
2017£90,115 £1,747 13
2016£96,130 £1,824 15
2015£113,082 £2,000 11
2014£97,681 £2,036 8
2012£83,429 £1,889 7
2011£116,250 £2,015 6
2010£109,167 £2,102 3
2009£84,667 £1,625 3
2008£114,599 £1,855 10
2007£103,843 £2,137 7
2006£106,175 £2,268 10
2005£97,338 £2,096 13
2004£90,799 £1,888 8
2003£79,429 £1,771 7
2002£65,067 £1,666 6
2001£62,700 £1,533 7
2000£54,612 £1,118 4
1999£44,875 £1,115 6
1998£47,749 £993 8
1997£53,740 £1,041 5
1996£52,418 £1,037 8
1995£42,050 £997 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£434,000 £2,979 5
2023£371,636 £4,246 11
2022£421,457 £3,864 23
2021£409,641 £3,212 28
2020£370,418 £3,203 17
2019£350,498 £3,030 23
2018£308,776 £2,972 27
2017£303,138 £2,772 25
2016£295,637 £2,431 20
2015£284,350 £2,436 17
2014£259,831 £2,365 24
2013£244,827 £2,229 26
2012£269,150 £2,229 17
2011£261,107 £2,241 14
2010£248,833 £2,102 29
2009£240,033 £1,907 15
2008£291,667 £2,494 6
2007£281,590 £2,313 26
2006£249,011 £1,928 41
2005£273,194 £2,226 19
2004£222,567 £2,300 12
2003£209,515 £1,620 27
2002£171,148 £1,401 20
2001£147,823 £1,034 26
2000£129,703 £1,069 18
1999£123,798 £896 34
1998£112,808 £920 20
1997£92,323 £799 17
1996£99,915 £735 24
1995£87,582 £762 28
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£266,750 £4,161 16
2023£267,544 £3,263 27
2022£275,673 £3,033 42
2021£229,363 £2,863 61
2020£227,504 £2,674 52
2019£208,173 £2,459 46
2018£194,207 £2,420 47
2017£193,421 £2,294 47
2016£200,845 £2,168 43
2015£177,239 £1,959 43
2014£168,326 £2,067 44
2013£150,635 £1,772 48
2012£152,068 £2,006 24
2011£156,486 £1,811 38
2010£155,922 £1,812 38
2009£158,193 £1,984 23
2008£160,937 £1,999 19
2007£160,072 £1,901 61
2006£165,978 £1,748 57
2005£152,644 £1,743 35
2004£149,214 £1,754 35
2003£129,688 £1,351 30
2002£99,471 £1,173 49
2001£79,856 £932 58
2000£75,388 £900 51
1999£60,394 £777 45
1998£63,655 £674 49
1997£53,977 £664 54
1996£52,568 £617 49
1995£54,673 £569 45
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,667 £3,292 6
2023£219,714 £2,851 7
2022£285,850 £3,191 10
2021£251,844 £2,763 16
2020£223,497 £2,431 15
2019£161,893 £2,412 7
2018£219,288 £2,534 8
2017£203,841 £2,144 19
2016£182,903 £2,123 16
2015£147,938 £1,966 16
2014£128,258 £1,654 20
2013£139,792 £1,831 12
2012£157,650 £1,840 13
2011£156,500 £1,876 9
2010£153,114 £1,798 17
2009£115,729 £1,568 7
2008£160,000 £1,713 13
2007£138,928 £1,723 16
2006£147,676 £1,756 17
2005£125,923 £1,638 13
2004£120,250 £942 4
2003£123,764 £1,304 11
2002£88,935 £1,086 17
2001£74,592 £843 18
2000£52,557 £759 7
1999£47,854 £664 12
1998£68,200 £520 10
1997£51,725 £721 12
1996£44,254 £638 12
1995£53,404 £576 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£552,5002
2023£175,000 £1,326 1
2022£456,375 £4,219 8
2021£382,0001
2020£90,0001
2019£295,017 £1,623 3
2018£351,5002
2017£220,000 £5,116 1
2015£400,000 £1,721 2
2014£300,0001
2013£372,0001

House Type in DY8 4RL area

The most common house types in the DY8 4RL postcode area are Semi-detached (80), Detached (19), and Terraced (9).

Total114
Semi-detached80
Detached19
Terraced9
Shared house3
Flat2
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright60
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority7
Social rented: Other social rented4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DY8 4RL have 2 people in household (49), and 1 person in household (40).

2 people in household49
1 person in household40
3 people in household17
4 people in household8
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0