Dudley House Prices Dudley House Prices

The average house price in Dudley is £217,000 using HM Land Registry data.

The average property price increased by £65,500 (46.3%) over the last 5 years and increased by £13,094 (6.75%) over the last 12 months.

Over the last year, there were 386 residential property sales – a decrease of 188 transactions (-48.70%) relative to the previous year. The majority of house sales (105) were in the £148,000 - £186,000 range. Then came properties in the £186,000 - £224,000 range, where 80 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,844 (-2%).

In June 2024, there were 94 new estate agency instructions, 65 agreed home sales and 66 property price reductions.

5-Year Average Property Prices in Dudley

46.3%

Property prices in Dudley increased by 46.3% 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 Dudley Over the Last Year

6.75%

Property prices in Dudley increased by 6.75% 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.

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).

Property Market Heat Gauge for Dudley - June 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Dudley

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 Dudley

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 Dudley

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 Dudley since 1995

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

Recent Property Sales in Dudley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Haig Road, Dudley, West Midlands, DY2 7QR£165,000£160,000-£5,00018 Dec 202303 May 2024137 Days
31 Castleton Street, Dudley, West Midlands, DY2 0LX£160,000£160,000£0008 Aug 202303 May 2024269 Days
2 Baptist End Road, Netherton, Dudley, West Midlands, DY2 9BU£240,000£232,500-£7,50012 Aug 202326 Apr 2024258 Days
5 Northgate Close, Dudley, West Midlands, DY1 3HJ£219,950£219,950£0009 Dec 202323 Apr 2024136 Days
15 Breamore Crescent, Dudley, West Midlands, DY1 3DA£325,000£315,000-£10,00005 Aug 202309 Apr 2024248 Days
2 Pavilion Gardens, Dudley, West Midlands, DY2 0DE£200,000£192,500-£7,50021 Jun 202305 Apr 2024289 Days
25 Moncrieffe Close, Dudley, West Midlands, DY2 7DF£59,500£59,500£0007 Mar 202305 Apr 2024395 Days
73 Pensnett Road, Dudley, West Midlands, DY1 2EZ£189,950£180,000-£9,95004 Oct 202303 Apr 2024182 Days
1 Montpellier Gardens, Dudley, West Midlands, DY1 2UQ£374,950£365,000-£9,95023 Jun 202322 Mar 2024273 Days
69 Arundel Drive, Tividale, Oldbury, West Midlands, B69 1XE£185,000£185,000£0012 Jan 202414 Mar 202462 Days
6 Bodmin Road, Dudley, West Midlands, DY2 9SL£170,000£165,000-£5,00009 Sep 202329 Feb 2024173 Days
75 Middlepark Road, Dudley, West Midlands, DY1 2LL£225,000£225,000£0027 Sep 202328 Feb 2024154 Days
5 Traquain Drive, Dudley, West Midlands, DY1 3DG£430,000£395,000-£35,00019 Oct 202327 Feb 2024131 Days
229 The Broadway, Dudley, West Midlands, DY1 3DX£325,000£320,000-£5,00018 Oct 202323 Feb 2024128 Days
78 Spring Parklands, Dudley, West Midlands, DY1 2DL£125,000£88,000-£37,00012 Aug 201116 Feb 20244571 Days
11 Thoresby Croft, Dudley, West Midlands, DY1 3DQ£300,000£300,000£0007 Sep 202316 Feb 2024162 Days
37 Maitland Road, Dudley, West Midlands, DY1 2NU£190,000£185,000-£5,00005 Sep 202316 Feb 2024164 Days
15 Magdalen Close, Dudley, West Midlands, DY1 2SF£200,000£180,000-£20,00014 Mar 202309 Feb 2024332 Days
76 Uplands Road, Dudley, West Midlands, DY2 8BE£250,000£245,000-£5,00017 Jul 202309 Feb 2024207 Days
30 Edward Street, Dudley, West Midlands, DY1 2AE£140,000£140,000£0011 Sep 202307 Feb 2024149 Days

Most Expensive Streets in Dudley

PostcodeStreetAreaAverageNo. of Sales
DY2 7TQOakham RoadDudley£423,7504
DY2 7TGElizabeth GroveDudley£369,2504
DY2 7TRHillman DriveDudley£366,1663
DY2 7THOakham RoadDudley£364,5805
DY1 2UQMontpellier GardensDudley£351,6503
DY1 3DBKinloch DriveDudley£340,8005
DY2 0EEMushroom GreenDudley£337,7438
DY1 3DABreamore CrescentDudley£330,5008
DY1 2URYarner CloseDudley£330,3754
DY1 4AZPaganel DriveDudley£329,8333

Least Expensive Streets in Dudley

PostcodeStreetAreaAverageNo. of Sales
DY2 9RJAustin HouseCradley Road£43,7506
DY2 7DFMoncrieffe CloseDudley£64,4166
DY2 8PDCastle CourtThe Minories£71,5003
DY2 8PGCastle CourtThe Minories£80,7504
DY1 2DGMarmion GroveDudley£84,1663
DY1 3HNSouthgate WayDudley£89,3339
DY1 4AEPage's CroftDudley£93,9006
DY2 8XLGammage StreetDudley£97,0836
DY2 8JTLister RoadDudley£98,1663
DY1 2AEEdward StreetDudley£99,1663

Explore Dudley and Neighbouring Area House Prices