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Hagley House Prices Hagley House Prices

The average house price in Hagley is £460,000 using HM Land Registry data.

The average property price increased by £35,603 (8.64%) over the last 5 years and increased by £7,115 (1.62%) over the last 12 months.

Over the last year, there were 69 residential property sales – a decrease of 48 transactions (-69.57%) relative to the previous year. The majority of house sales (20) were in the £314,000 - £438,000 range. Then came properties in the £438,000 - £562,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,399 (-2%).

In April 2024, there were 18 new estate agency instructions, 12 agreed home sales and 12 property price reductions.

Neighbouring Areas: Stourbridge

Postcodes Covered: DY10, DY8, DY9

5-Year Average Property Prices in Hagley

8.64%

Property prices in Hagley increased by 8.64% 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 Hagley Over the Last Year

1.62%

Property prices in Hagley increased by 1.62% 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 Hagley - 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 Hagley

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 Hagley

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 Hagley

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 Hagley since 1995

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

Recent Property Sales in Hagley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Milestone Drive, Hagley, Stourbridge, Worcestershire, DY9 0LP£425,000£415,000-£10,00015 Nov 202315 Mar 2024121 Days
7 Hagley Close, Hagley, Stourbridge, Worcestershire, DY9 9LP£700,000£640,000-£60,00004 Sep 202325 Jan 2024143 Days
26 Station Road, Hagley, Stourbridge, Worcestershire, DY9 0NU£750,000£715,000-£35,00001 Sep 202305 Jan 2024126 Days
26 Chapel Street, Hagley, Stourbridge, Worcestershire, DY9 0NL£499,950£460,000-£39,95007 Jul 202308 Dec 2023154 Days
21 Meadowcroft, Hagley, Stourbridge, Worcestershire, DY9 0LJ£425,000£415,000-£10,00015 Mar 202317 Nov 2023247 Days
81 Milestone Drive, Hagley, Stourbridge, Worcestershire, DY9 0LH£325,000£310,000-£15,00010 May 202309 Nov 2023183 Days
2 The Sycamores, Hagley, Stourbridge, Worcestershire, DY9 0GG£225,000£224,500-£50007 Jul 202304 Oct 202389 Days
17 Ferndale Close, Hagley, Stourbridge, Worcestershire, DY9 0QA£265,000£265,000£0014 Apr 202329 Sep 2023168 Days
72 Kidderminster Road, Hagley, Stourbridge, Worcestershire, DY9 0QL£375,000£360,000-£15,00030 May 202315 Sep 2023108 Days
20 Newlands Close, Hagley, Stourbridge, Worcestershire, DY9 0GY£149,950£147,000-£2,95021 Oct 202215 Sep 2023329 Days
5 Birch Dale, Hagley, Stourbridge, Worcestershire, DY8 2YA£750,000£702,800-£47,20001 Jun 202311 Sep 2023102 Days
22 South Road, Hagley, Stourbridge, Worcestershire, DY9 0JT£850,000£825,000-£25,00026 Dec 202208 Sep 2023256 Days
23 Milestone Drive, Hagley, Stourbridge, Worcestershire, DY9 0LP£350,000£350,000£0027 Jun 202301 Sep 202366 Days
8 Worcester Close, Hagley, Stourbridge, Worcestershire, DY9 0NP£485,000£462,500-£22,50004 May 202301 Sep 2023120 Days
27 The Greenway, Hagley, Stourbridge, Worcestershire, DY9 0LT£335,000£335,000£0031 May 202325 Aug 202386 Days
15 Rooks Meadow, Hagley, Stourbridge, Worcestershire, DY9 0PT£495,000£495,000£0012 Jun 202325 Aug 202374 Days
55 Stourbridge Road, Hagley, Stourbridge, Worcestershire, DY9 0QS£250,000£246,000-£4,00008 Feb 202318 Aug 2023191 Days
15 Newlands Close, Hagley, Stourbridge, Worcestershire, DY9 0GY£150,000£147,500-£2,50006 Mar 202318 Aug 2023165 Days
4 Cavendish Drive, Hagley, Stourbridge, Worcestershire, DY9 0LS£355,000£325,000-£30,00011 Jan 202318 Aug 2023219 Days
59 Lodge Crescent, Hagley, Stourbridge, Worcestershire, DY9 0ND£595,000£595,000£0021 Apr 202318 Aug 2023119 Days

Most Expensive Streets in Hagley

PostcodeStreetAreaAverageNo. of Sales
DY9 0PYMiddlefield LaneHagley£874,2147
DY8 2XZThe CoppiceHagley£832,6663
DY9 0JTSouth RoadHagley£803,0004
DY9 0LQThicknall RiseHagley£698,3333
DY9 0JRNewfield RoadHagley£696,0505
DY9 0WDDugdale CloseHagley£663,0005
DY9 0NFWoodchesterHagley£649,3333
DY9 9LEHall MeadowHagley£628,0004
DY9 0JFPinewoods AvenueHagley£623,4005
DY9 0JHKidderminster Road SouthHagley£601,2504

Least Expensive Streets in Hagley

PostcodeStreetAreaAverageNo. of Sales
DY9 0GYNewlands CloseHagley£143,95812
DY9 0WRMaurice CloseHagley£156,5504
DY9 0HQSt Saviours CourtWorcester Road£157,96827
DY9 0JQPinewoods CourtHagley£187,3333
DY9 0JNMillpool CloseHagley£201,2508
DY9 0XZWaldron MewsHagley£221,8163
DY9 0GGThe SycamoresHagley£223,2506
DY9 0JXWestern RoadHagley£230,0004
DY9 0GLChaddesley HouseHaybridge Mews£233,3333
DY9 0GAThe GreenHagley£234,2005

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