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Halesowen House Prices Halesowen House Prices

The average house price in Halesowen is £255,907 using HM Land Registry data.

The average property price increased by £52,451 (26.23%) over the last 5 years and increased by £10,486 (4.33%) over the last 12 months.

Over the last year, there were 579 residential property sales – a decrease of 170 transactions (-29.36%) relative to the previous year. The majority of house sales (128) were in the £216,000 - £264,000 range. Then came properties in the £168,000 - £216,000 range, where 125 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,690 (-2%).

In Oct 24, there were 103 new estate agency instructions, 101 agreed home sales and 79 property price reductions.

Neighbouring Areas: Oldbury, Birmingham, Blackheath (Sandwell), Brierley Hill, Cradley Heath, Stourbridge

Postcodes Covered: B32, B62, B63, B64, B65, DY9

5-Year Average Property Prices in Halesowen

26.23%

Property prices in Halesowen increased by 26.23% 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 Halesowen Over the Last Year

4.33%

Property prices in Halesowen increased by 4.33% 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 Halesowen - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Halesowen

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 Halesowen

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 Halesowen

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 Halesowen since 1995

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

Recent Property Sales in Halesowen

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Shenstone Valley Road, Halesowen, West Midlands, B62 9TH£315,000£308,000-£7,00019 Mar 202420 Aug 2024154 Days
20 Summit Gardens, Halesowen, West Midlands, B63 4SP£280,000£278,000-£2,00019 Mar 202413 Aug 2024147 Days
7 Fulwood Avenue, Halesowen, West Midlands, B62 9SA£245,000£233,000-£12,00002 Feb 202409 Aug 2024189 Days
39 Hope Street, Halesowen, West Midlands, B62 8LU£250,000£249,000-£1,00008 Mar 202409 Aug 2024154 Days
4 Walton Close, Halesowen, West Midlands, B63 4LA£225,000£222,500-£2,50007 Feb 202407 Aug 2024182 Days
19 Upper Ashley Street, Halesowen, West Midlands, B62 8HJ£240,000£240,000£0023 Mar 202406 Aug 2024136 Days
Flat 15, Mansion Court, Long Lane, Halesowen, West Midlands, B62 9EP£85,000£75,000-£10,00016 Feb 202401 Aug 2024167 Days
32 Woodman Close, Halesowen, West Midlands, B63 3EH£250,000£240,000-£10,00019 Dec 202331 Jul 2024225 Days
37 Wall Well, Halesowen, West Midlands, B63 4SH£220,000£217,500-£2,50015 Jan 202431 Jul 2024198 Days
218 Stourbridge Road, Halesowen, West Midlands, B63 3QP£325,000£320,000-£5,00026 Dec 202330 Jul 2024217 Days
10 Greenways, Halesowen, West Midlands, B63 2JT£330,000£330,000£0027 Jan 202429 Jul 2024184 Days
41 Beaumont Road, Halesowen, West Midlands, B62 9HD£200,000£197,500-£2,50025 May 202429 Jul 202465 Days
3 Milestone Croft, Halesowen, West Midlands, B63 2JQ£200,000£198,000-£2,00026 Feb 202426 Jul 2024151 Days
11 Sandals Rise, Halesowen, West Midlands, B62 8SQ£120,000£120,000£0019 Mar 202419 Jul 2024122 Days
39 Moorfield Drive, Halesowen, West Midlands, B63 3TQ£350,000£340,000-£10,00003 Nov 202318 Jul 2024258 Days
19b, Greenhill Road, Halesowen, West Midlands, B62 8HA£425,000£425,000£0018 Jan 202418 Jul 2024182 Days
123 Hamilton Avenue, Halesowen, West Midlands, B62 8UB£255,000£250,000-£5,00001 Dec 202312 Jul 2024224 Days
107 Long Lane, Halesowen, West Midlands, B62 9DP£375,000£360,000-£15,00002 Jan 202412 Jul 2024192 Days
22 Cherry Tree Lane, Halesowen, West Midlands, B63 1DU£625,000£600,000-£25,00004 Apr 202411 Jul 202498 Days
56 Manor Lane, Halesowen, West Midlands, B62 8QB£550,000£490,000-£60,00020 Sep 202309 Jul 2024293 Days

Most Expensive Streets in Halesowen

PostcodeStreetAreaAverageNo. of Sales
B62 0AAManor Abbey RoadHalesowen£538,3754
B62 8PXWelbeck CloseHalesowen£532,6663
B62 9BLVictoria AvenueHalesowen£497,6663
B62 8RACloister DriveHalesowen£476,6663
B62 9AXHagley Road WestHalesowen£470,1663
B62 0BTCarters LaneHalesowen£452,5004
B63 1EBHagley RoadHayley Green£451,6663
B62 0ANRaddens RoadHalesowen£432,8205
B63 4JNHagley RoadHalesowen£430,0003
B63 1JBThe LawleyHalesowen£423,3333

Least Expensive Streets in Halesowen

PostcodeStreetAreaAverageNo. of Sales
B63 2YAApperley WayHalesowen£72,5007
B63 3LPDudley RoadHalesowen£74,3333
B63 2PUNetherend LaneHalesowen£76,2506
B62 9DJLong LaneHalesowen£78,3333
B63 2PXBlaenwern DriveHalesowen£87,8754
B62 9EQNew EnglandHalesowen£89,1905
B63 2PZGlynn CrescentHalesowen£95,4669
B63 3RBCrimmond RiseHalesowen£96,6005
B63 2EZCaslon FlatsTree Acre Grove£100,3333
B63 3EDGrange CrescentHalesowen£106,51714

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