B62 0PT is a residential postcode situated on The Alders, Romsley, Halesowen, B62 with 7 addresses.
It ranks as the 95th largest and 419th most expensive of the 525 postcodes in the B62 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
B62 0PT is a residential postcode situated on The Alders, Romsley, Halesowen, B62 with 7 addresses.
It ranks as the 95th largest and 419th most expensive of the 525 postcodes in the B62 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £396,939 for 3 bedroom freehold houses with a garden (947 ft2) to £528,454 for 4 bedroom freehold houses with a garden (1,496 ft2) .
Monthly rental prices range from £1,648 pcm for 3 bed houses to £2,105 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 5.0%.
The average value per square foot is £419.
The last sale in B62 0PT sold for £432,500 on 26th February 2026. Since then prices are down an average of 0.4%.
The current average value in the postcode is £454,034.
The B62 0PT Sales Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £454,034 |
| April 2025 | 3.3% | £465,785 |
| April 2024 | -0.3% | £451,074 |
| April 2023 | 5.6% | £452,224 |
| April 2022 | 9.5% | £428,077 |
| April 2021 | 7.3% | £391,042 |
| April 2020 | 1.9% | £364,374 |
| April 2019 | 5% | £357,572 |
| April 2018 | 7.3% | £340,453 |
| April 2017 | 5.4% | £317,261 |
| April 2016 | 4.1% | £301,003 |
| April 2015 | 5.9% | £289,133 |
| April 2014 | 4.3% | £273,146 |
| April 2013 | 4.1% | £261,785 |
| April 2012 | 0.5% | £251,450 |
| April 2011 | -1.2% | £250,198 |
| April 2010 | 3.3% | £253,318 |
| April 2009 | -8.7% | £245,107 |
| April 2008 | -1.2% | £268,587 |
| April 2007 | 0% | £271,912 |
The current average rental value in the postcode is £1,848.
The B62 0PT Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £1,848pcm |
| April 2025 | 0.1% | £1,831pcm |
| April 2024 | 6.1% | £1,830pcm |
| April 2023 | 10.5% | £1,725pcm |
| April 2022 | 5.7% | £1,560pcm |
| April 2021 | 12% | £1,476pcm |
| April 2020 | 1.7% | £1,318pcm |
| April 2019 | 1.9% | £1,297pcm |
| April 2018 | 2% | £1,273pcm |
| April 2017 | 3.9% | £1,248pcm |
| April 2016 | 4.2% | £1,201pcm |
| April 2015 | 2.5% | £1,152pcm |
| April 2014 | 3.8% | £1,124pcm |
| April 2013 | 2.2% | £1,083pcm |
| April 2012 | 2.4% | £1,060pcm |
| April 2011 | 2.7% | £1,035pcm |
| April 2010 | 2.3% | £1,009pcm |
| April 2009 | -3.2% | £986pcm |
| April 2008 | 2.2% | £1,019pcm |
| April 2007 | 0% | £997pcm |
The last sale was on 26th February 2026 for £432,500 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 10 sales since 1995.
B62 0PT has seen 3 sales in the last three years and 2 sales in the last twelve months.
B62 0PT is the 95th largest and the 419th most expensive postcode out of the 525 postcodes in the B62 area.
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The closest station to B62 0PT is Hagley station which is 5.7 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around B62 0PT, 55.6% of property is privately owned outright and 34.6% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around B62 0PT, 16.1% of residents are recorded as possessing school level qualifications and 36.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around B62 0PT, the average age was 47.3 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around B62 0PT, 1.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around B62 0PT, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.