Market outlook for B62
Key indicators for buyers
The B62 market is moderately favourable for buyers. Prices have softened (-13.6%), which could present a buying opportunity. Rising rents (£847/mo, +6.6%) 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 £847, up 6.6% 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 £275,167 with a 25% deposit (£69k), a 2-year fixed mortgage at 5.14% costs around £1,223 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses B62 avg. price with Dudley rental data
Monthly mortgage payments (£1,223) are £376 more than renting (£847). However, buying requires an upfront deposit of £69k — it would take around 16 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 |
|---|---|---|---|
11A, HIGH FARM ROAD, HURST GREEN B62 9RX | Detached | £320,000 | 26 Mar 2026 |
57, HURST GREEN ROAD B62 9PT | Semi-detached | £325,000 | 20 Mar 2026 |
10, VALLEY ROAD, HURST GREEN B62 9RR | Terraced | £290,000 | 19 Mar 2026 |
11, LYTTLETON AVENUE B62 9ED | Semi-detached | £262,500 | 16 Mar 2026 |
240, LONG LANE B62 9JX | Terraced | £200,000 | 16 Mar 2026 |
20, GRAHAM ROAD B62 8LJ | Semi-detached | £280,000 | 6 Mar 2026 |
31A, BELGRAVE ROAD B62 9EY | Terraced |
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.