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House Prices in DY9

The average house price in DY9 (Stourbridge) is £261,850 using HM Land Registry data.

The average property price increased by £63,187 (36.37%) over the last 5 years and increased by £12,628 (5.13%) over the last 12 months.

Over the last year, there were 281 residential property sales – a decrease of 145 transactions (-51.60%) relative to the previous year. The majority of house sales (98) were in the £140,000 - £250,000 range. Then came properties in the £250,000 - £360,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,151 (-4%).

In April 2024, there were 50 new estate agency instructions, 46 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in DY9 (Stourbridge)

36.37%

Property prices in Stourbridge increased by 36.37% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DY9 (Stourbridge) Over the Last Year

5.13%

Property prices in Stourbridge increased by 5.13% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for DY9 (Stourbridge) - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DY9 (Stourbridge)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DY9 (Stourbridge)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DY9 (Stourbridge)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DY9 (Stourbridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DY9 postcode area since 1995.

Recent Sales in DY9 (Stourbridge)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Milestone Drive, Hagley, Stourbridge, Worcestershire, DY9 0LP	£425,000	£415,000	-£10,000	15 Nov 2023	15 Mar 2024	121 Days
7 Wollescote Road, Stourbridge, West Midlands, DY9 7JU	£240,000	£238,700	-£1,300	01 Jun 2023	14 Feb 2024	258 Days
19 Lychgate Avenue, Stourbridge, West Midlands, DY9 0TS	£335,000	£335,000	£00	28 Jul 2023	02 Feb 2024	189 Days
7 Hagley Close, Hagley, Stourbridge, Worcestershire, DY9 9LP	£700,000	£640,000	-£60,000	04 Sep 2023	25 Jan 2024	143 Days
20 Albert Street, Lye, Stourbridge, West Midlands, DY9 8AG	£150,000	£150,000	£00	16 Oct 2023	19 Jan 2024	95 Days
26 Station Road, Hagley, Stourbridge, Worcestershire, DY9 0NU	£750,000	£715,000	-£35,000	01 Sep 2023	05 Jan 2024	126 Days
50 Hungary Hill, Stourbridge, West Midlands, DY9 7PU	£180,000	£169,000	-£11,000	20 Sep 2023	04 Jan 2024	106 Days
7 Parkview Road, Stourbridge, West Midlands, DY9 8XD	£360,000	£347,000	-£13,000	03 Jun 2023	19 Dec 2023	199 Days
107 Woodfield Avenue, Stourbridge, West Midlands, DY9 9DR	£235,000	£220,000	-£15,000	23 Mar 2023	19 Dec 2023	271 Days
29 Grayling Road, Stourbridge, West Midlands, DY9 7AZ	£245,000	£235,000	-£10,000	21 Aug 2023	15 Dec 2023	116 Days
26 Grayling Road, Stourbridge, West Midlands, DY9 7AZ	£240,000	£240,000	£00	02 Aug 2023	14 Dec 2023	134 Days
24 Bagley Street, Stourbridge, West Midlands, DY9 7AY	£185,000	£175,000	-£10,000	05 Aug 2023	14 Dec 2023	131 Days
26 Chapel Street, Hagley, Stourbridge, Worcestershire, DY9 0NL	£499,950	£460,000	-£39,950	07 Jul 2023	08 Dec 2023	154 Days
39 Lychgate Avenue, Stourbridge, West Midlands, DY9 0TS	£315,000	£310,000	-£5,000	03 Aug 2023	05 Dec 2023	124 Days
104 Seymour Road, Wollescote, Stourbridge, West Midlands, DY9 8YF	£240,000	£240,000	£00	19 Jul 2023	05 Dec 2023	139 Days
60 Gauden Road, Stourbridge, West Midlands, DY9 9HS	£250,000	£250,000	£00	06 Sep 2023	01 Dec 2023	86 Days
1 Woodthorpe Drive, Stourbridge, West Midlands, DY9 7JX	£425,000	£395,000	-£30,000	30 May 2023	28 Nov 2023	182 Days
25 Lychgate Avenue, Stourbridge, West Midlands, DY9 0TS	£350,000	£345,000	-£5,000	04 Aug 2023	27 Nov 2023	115 Days
22a, Talbot Street, Lye, Stourbridge, West Midlands, DY9 8UH	£140,000	£132,000	-£8,000	01 Aug 2023	24 Nov 2023	115 Days
15 Sandon Road, Wollescote, Stourbridge, West Midlands, DY9 8XY	£259,500	£257,000	-£2,500	24 Aug 2023	24 Nov 2023	92 Days

Most Expensive Streets in DY9 (Stourbridge)

Postcode	Street	Area	Average	No. of Sales
DY9 0EW	Belbroughton Road, Clent	Stourbridge	£1,247,500	6
DY9 0FA	Manor Gardens, Clent	Stourbridge	£1,088,437	8
DY9 0HA	Broome	Stourbridge	£886,666	3
DY9 0PY	Middlefield Lane, Hagley	Stourbridge	£874,214	7
DY9 0SJ	Worcester Lane	Stourbridge	£828,262	4
DY9 0JT	South Road, Hagley	Stourbridge	£803,000	4
DY9 0QZ	Bromwich Lane	Stourbridge	£795,843	6
DY9 0RU	Redlake Road	Stourbridge	£788,750	4
DY9 0RX	Redlake Drive, Pedmore	Stourbridge	£779,071	14
DY9 7JS	Wollescote Road	Stourbridge	£773,666	3

Least Expensive Streets in DY9 (Stourbridge)

Postcode	Street	Area	Average	No. of Sales
DY9 8AE	Cemetery Road, Lye	Stourbridge	£82,800	4
DY9 9JB	Dobbins Oak Road, Pedmore	Stourbridge	£83,250	6
DY9 8JW	Vicarage Road, Lye	Stourbridge	£94,833	3
DY9 8TG	Crabbe Street, Lye	Stourbridge	£98,516	3
DY9 8DF	Morvale Gardens	Stourbridge	£102,833	6
DY9 8BX	Chapel Street, Lye	Stourbridge	£106,500	8
DY9 7JE	Chawn Hill Close	Stourbridge	£108,700	5
DY9 8SN	Brook Street, Lye	Stourbridge	£114,400	5
DY9 8SR	Park Street, Lye	Stourbridge	£115,250	4
DY9 9EF	Carlton Avenue	Stourbridge	£115,500	3