Sedgley House Prices Sedgley House Prices

The average house price in Sedgley is £265,666 using HM Land Registry data.

The average property price increased by £70,144 (39.12%) over the last 5 years and increased by £14,019 (5.95%) over the last 12 months.

Over the last year, there were 271 residential property sales – a decrease of 135 transactions (-49.82%) relative to the previous year. The majority of house sales (66) were in the £180,000 - £220,000 range. Then came properties in the £140,000 - £180,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,916 (-2%).

In April 2024, there were 52 new estate agency instructions, 38 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in Sedgley

39.12%

Property prices in Sedgley increased by 39.12% 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 Sedgley Over the Last Year

5.95%

Property prices in Sedgley increased by 5.95% 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 Sedgley - 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 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 Sedgley

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 Sedgley

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 Sedgley

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 Sedgley since 1995

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

Recent Property Sales in Sedgley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Westridge, Dudley, West Midlands, DY3 3TQ£465,000£455,000-£10,00020 Nov 202322 Mar 2024123 Days
25 Greenway, Sedgley, Dudley, West Midlands, DY3 1PQ£215,000£210,000-£5,00028 Oct 202301 Mar 2024125 Days
60 Dumbleberry Avenue, Sedgley, Dudley, West Midlands, DY3 3NN£279,950£275,000-£4,95004 Oct 202301 Mar 2024149 Days
1 Loweswater Drive, Lower Gornal, Dudley, West Midlands, DY3 2RG£275,000£267,500-£7,50023 Oct 202326 Feb 2024126 Days
66 Gospel End Road, Dudley, West Midlands, DY3 3YT£485,000£475,000-£10,00006 Sep 202309 Feb 2024156 Days
42 Cinder Road, Dudley, West Midlands, DY3 2RJ£300,000£295,000-£5,00020 Jul 202309 Feb 2024204 Days
21 Gorge Road, Dudley, West Midlands, DY3 1LF£329,950£325,000-£4,95010 Oct 202302 Feb 2024115 Days
1 Warren Drive, Sedgley, Dudley, West Midlands, DY3 3RQ£299,950£299,950£0020 Oct 202302 Feb 2024105 Days
59 Clarence Street, Dudley, West Midlands, DY3 1UN£150,000£150,000£0011 Sep 202331 Jan 2024142 Days
22 Park Road, Lower Gornal, Dudley, West Midlands, DY3 2JL£175,000£168,000-£7,00009 Sep 202315 Dec 202397 Days
95 Lake Street, Dudley, West Midlands, DY3 2AJ£365,000£360,000-£5,00025 May 202315 Dec 2023204 Days
33 Sunningdale Road, Dudley, West Midlands, DY3 3PP£300,000£275,000-£25,00002 Aug 202315 Dec 2023135 Days
391 Sandyfields Road, Sedgley, Dudley, West Midlands, DY3 3DJ£475,000£465,000-£10,00018 Nov 202215 Dec 2023392 Days
90 Brookdale, Lower Gornal, Dudley, West Midlands, DY3 2HH£220,000£220,000£0005 Dec 202314 Dec 20239 Days
16 Gatacre Street, Dudley, West Midlands, DY3 2NZ£320,000£310,000-£10,00031 Jul 202311 Dec 2023133 Days
7 Irving Close, Dudley, West Midlands, DY3 3BX£299,950£295,000-£4,95008 Mar 202308 Dec 2023275 Days
58 Ruiton Street, Lower Gornal, Dudley, West Midlands, DY3 2EG£200,000£190,000-£10,00019 Jun 202306 Dec 2023170 Days
3 The Paddock, Dudley, West Midlands, DY3 1UR£239,950£238,000-£1,95010 Jun 202327 Nov 2023170 Days
8 Spencer Close, Dudley, West Midlands, DY3 3BL£299,950£290,000-£9,95018 May 202324 Nov 2023190 Days
18 Woodbank Road, Dudley, West Midlands, DY3 3NW£264,950£257,000-£7,95007 Jul 202315 Nov 2023131 Days

Most Expensive Streets in Sedgley

PostcodeStreetAreaAverageNo. of Sales
DY3 3RZGreenleighsSedgley£516,2374
DY3 3UECatholic LaneSedgley£456,2504
DY3 3YGCotwall End RoadDudley£408,2005
DY1 3LUSnowshill GardensDudley£401,6663
DY3 3LASandyfields RoadSedgley£365,0003
DY3 1HJQueens RoadDudley£343,3333
DY1 2GEShipton CloseDudley£340,3166
DY3 1QSHigh Park CrescentSedgley£337,2504
DY3 3RXNorthwaySedgley£336,6503
DY3 2PTCoopers Bank RoadDudley£325,0003

Least Expensive Streets in Sedgley

PostcodeStreetAreaAverageNo. of Sales
DY3 1UHJockey FieldUpper Gornal£65,0003
DY3 3SPEttymore CloseDudley£86,7504
DY3 1TDDudley RoadDudley£89,9166
DY3 2QLCentral DriveDudley£96,3333
DY3 2DJDuke StreetUpper Gornal£100,3333
DY3 1XYInhedge StreetDudley£101,8005
WV4 6GABeacon CourtCharles Hayward Drive£106,75113
DY3 1SPHolborn HouseHigh Holborn£109,1663
DY3 2DHHilary CrestDudley£113,8507
DY3 2AAJews LaneDudley£116,8256

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