Market outlook for B62
Key indicators for buyers
The B62 market is moderately favourable for buyers. Prices have softened (-11.5%), which could present a buying opportunity. Rising rents (£846/mo, +8.0%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Dudley area
A home in Dudley costs 6.8x the local median salary — moderate, improving from a peak of 6.8x in 2023.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Dudley area
Average monthly rent in Dudley is £846, up 8.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Dudley price of £280,000 with a 25% deposit (£70k), a 2-year fixed mortgage at 3.97% costs around £1,105 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses B62 avg. price with Dudley rental data
Monthly mortgage payments (£1,105) are £259 more than renting (£846). However, buying requires an upfront deposit of £70k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
112, WOODBURY ROAD B62 9AQ | Detached | £310,000 | 23 Jan 2026 |
55, SOMERS ROAD B62 8EN | Semi-detached | £250,000 | 16 Jan 2026 |
32, LANSDOWNE ROAD, HURST GREEN B62 9QR | Detached | £415,000 | 19 Dec 2025 |
72, CHATSWORTH ROAD B62 8TD | Flat/Maisonette | £150,000 | 19 Dec 2025 |
23, FRANKLEY AVENUE B62 0EA | Semi-detached | £415,000 | 18 Dec 2025 |
13, CARTERS LANE B62 0DH | Semi-detached | £676,000 | 18 Dec 2025 |
22, ASTLEY CRESCENT B62 9SX | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.