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Halesowen House Prices Halesowen House Prices

The average house price in Halesowen is £243,071 using HM Land Registry data.

The average property price increased by £53,752 (27.18%) over the last 5 years and increased by £10,743 (4.46%) over the last 12 months.

Over the last year, there were 524 residential property sales – a decrease of 276 transactions (-52.67%) relative to the previous year. The majority of house sales (120) were in the £170,000 - £220,000 range. Then came properties in the £220,000 - £270,000 range, where 110 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,690 (-2%).

In April 2024, there were 97 new estate agency instructions, 82 agreed home sales and 58 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

27.18%

Property prices in Halesowen increased by 27.18% 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

4.46%

Property prices in Halesowen increased by 4.46% 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 - 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 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
16 Lyndon Close, Halesowen, West Midlands, B63 4EA£295,000£295,000£0023 Nov 202322 Mar 2024120 Days
59 Woodbury Road, Halesowen, West Midlands, B62 9RH£210,000£210,000£0016 Nov 202307 Mar 2024112 Days
84 Attwood Street, Halesowen, West Midlands, B63 3UG£270,000£262,000-£8,00029 Sep 202306 Mar 2024159 Days
27 Springfield Drive, Halesowen, West Midlands, B62 8EU£325,000£325,000£0009 Oct 202301 Mar 2024144 Days
20 New England, Halesowen, West Midlands, B62 9EG£127,500£120,000-£7,50025 Jun 201801 Mar 20242076 Days
6 Pinewoods, Halesowen, West Midlands, B62 9AL£210,000£200,000-£10,00008 Sep 202329 Feb 2024174 Days
70 Hagley Road, Hayley Green, Halesowen, West Midlands, B63 1DQ£400,000£390,000-£10,00007 Sep 202328 Feb 2024174 Days
25 Carol Crescent, Halesowen, West Midlands, B63 3RS£300,000£295,000-£5,00026 Oct 202323 Feb 2024120 Days
35 Middlefield Avenue, Halesowen, West Midlands, B62 9QJ£250,000£240,000-£10,00008 Aug 202316 Feb 2024192 Days
71 Hamilton Avenue, Halesowen, West Midlands, B62 8UB£110,000£110,000£0010 Jul 202316 Feb 2024221 Days
5 Bethesda Gardens, Halesowen, West Midlands, B63 2UN£250,000£250,000£0009 Aug 202315 Feb 2024190 Days
15 Wiltshire Drive, Halesowen, West Midlands, B63 2XU£77,500£75,000-£2,50020 Nov 202314 Feb 202486 Days
4 Fairhaven Croft, Hurst Green, Halesowen, West Midlands, B62 9HN£295,000£295,000£0019 Sep 202312 Feb 2024146 Days
15 Walton Court, Halesowen, West Midlands, B63 4JH£95,000£95,000£0022 Dec 202302 Feb 202442 Days
125 Hambleton Road, Halesowen, West Midlands, B63 1JT£465,000£435,000-£30,00008 Jun 202302 Feb 2024239 Days
28 Thornhill Road, Halesowen, West Midlands, B63 1AU£299,950£275,000-£24,95025 Oct 202325 Jan 202492 Days
39 The Longcroft, Halesowen, West Midlands, B63 4HJ£270,000£270,000£0030 Oct 202319 Jan 202481 Days
19 Beecher Place, Halesowen, West Midlands, B63 2ED£185,000£181,500-£3,50002 Sep 202312 Jan 2024132 Days
15 Heathfield Road, Halesowen, West Midlands, B63 1AD£495,000£485,000-£10,00002 Jun 202308 Jan 2024220 Days
20 Park Ridge Drive, Halesowen, West Midlands, B63 2UZ£240,000£232,000-£8,00026 May 202305 Jan 2024224 Days

Most Expensive Streets in Halesowen

PostcodeStreetAreaAverageNo. of Sales
B62 0AAManor Abbey RoadHalesowen£516,6663
B62 8RACloister DriveHalesowen£476,6663
B63 1EBHagley RoadHayley Green£451,6663
B62 0ANRaddens RoadHalesowen£432,8205
B63 4JNHagley RoadHalesowen£430,0003
B62 0AZLonglands RoadHalesowen£418,3333
B62 8SSLinks ViewHalesowen£413,1666
B62 0AGManor Abbey RoadHalesowen£408,3333
B62 8QJStennels AvenueHalesowen£404,4449
B63 3DWWaxland RoadHalesowen£404,2869

Least Expensive Streets in Halesowen

PostcodeStreetAreaAverageNo. of Sales
B63 2YAApperley WayHalesowen£72,8128
B63 2PUNetherend LaneHalesowen£73,5008
B63 3LPDudley RoadHalesowen£74,3333
B62 9DJLong LaneHalesowen£78,3333
B63 2PXBlaenwern DriveHalesowen£87,8754
B62 9EQNew EnglandHalesowen£87,9916
B63 2PZGlynn CrescentHalesowen£91,74511
B63 4JHWalton CourtHalesowen£92,0003
B63 2EZCaslon FlatsTree Acre Grove£94,2504
B63 3RBCrimmond RiseHalesowen£96,6005

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