Olive Lane - B62 8LR
Key Postcode Insights
B62 8LR is a residential postcode situated on Olive Lane, Halesowen, B62 with 13 addresses.
It ranks as the 176th largest and 98th most expensive of the 525 postcodes in the B62 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £218,747
- 10 Year change
- up 74.6%
- Ave. Rental Price
- £1,254pcm
- 10 Year change
- up 89.4%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
B62 8LR is a residential postcode situated on Olive Lane, Halesowen, B62 with 13 addresses.
It ranks as the 176th largest and 98th most expensive of the 525 postcodes in the B62 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £218,747
- 10 Year change
- up 74.6%
- Ave. Rental Price
- £1,254pcm
- 10 Year change
- up 89.4%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin B62 8LR
- 138 Olive Lane
3 Bed Mid-century House
- 139 Olive Lane
3 Bed Early-century House
- 140 Olive Lane
3 Bed Early-century House
- 141 Olive Lane
Unknown
- 142 Olive Lane
Unknown
Sales Market Trends
The last sale in B62 8LR sold for £224,000 on 7th October 2025. Since then prices are up an average of 2.3%.
The current average value in the postcode is £218,747.
The B62 8LR Sales Market has increased by 74.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £218,747 |
| June 2025 | 5.5% | £213,417 |
| June 2024 | 1.2% | £202,220 |
| June 2023 | 2.5% | £199,898 |
| June 2022 | 14.7% | £194,990 |
| June 2021 | 10.2% | £170,055 |
| June 2020 | 3% | £154,258 |
| June 2019 | 5.5% | £149,825 |
| June 2018 | 7.8% | £142,027 |
| June 2017 | 5.2% | £131,745 |
| June 2016 | 5.6% | £125,255 |
| June 2015 | 5.5% | £118,598 |
| June 2014 | 4.9% | £112,422 |
| June 2013 | 1.2% | £107,153 |
| June 2012 | -0.7% | £105,851 |
| June 2011 | -1% | £106,588 |
| June 2010 | 0.3% | £107,682 |
| June 2009 | -10.2% | £107,331 |
| June 2008 | -2.5% | £119,550 |
| June 2007 | 0% | £122,586 |
Rental Market Trends
The current average rental value in the postcode is £1,254.
The B62 8LR Rental Market has increased by 89.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £1,254pcm |
| June 2025 | 8% | £1,187pcm |
| June 2024 | 7.8% | £1,099pcm |
| June 2023 | 11.5% | £1,019pcm |
| June 2022 | 11.9% | £914pcm |
| June 2021 | 8.2% | £817pcm |
| June 2020 | 2.8% | £755pcm |
| June 2019 | 3.5% | £734pcm |
| June 2018 | 3% | £709pcm |
| June 2017 | 4% | £689pcm |
| June 2016 | 4% | £662pcm |
| June 2015 | 4.3% | £636pcm |
| June 2014 | 2.6% | £610pcm |
| June 2013 | -0.7% | £594pcm |
| June 2012 | 0.3% | £598pcm |
| June 2011 | 2.2% | £596pcm |
| June 2010 | 1.2% | £583pcm |
| June 2009 | -5.3% | £576pcm |
| June 2008 | 1.8% | £608pcm |
| June 2007 | 0% | £598pcm |
Sales History
The last sale was on 7th October 2025 for £224,000 and since then the market in the area has increased by 2.3%. The postcode has had a total of 10 sales since 1995.
B62 8LR has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Oct 2025£224,000 | 3 Bed House150, Olive Lane, Halesowen, B62 8LR150, Olive Lane, Halesowen, B62 8LR
- Sold Oct 2025£228,000 | 3 Bed House150, Olive Lane, Halesowen, B62 8LR150, Olive Lane, Halesowen, B62 8LR
- Sold Jan 2022£180,000 | 3 Bed House149, Olive Lane, Halesowen, B62 8LR149, Olive Lane, Halesowen, B62 8LR
- Sold Sep 2013£98,000 | 3 Bed House150, Olive Lane, Halesowen, B62 8LR150, Olive Lane, Halesowen, B62 8LR
- Sold Jan 2007£89,500 | 3 Bed House143, Olive Lane, Halesowen, B62 8LR143, Olive Lane, Halesowen, B62 8LR
Nearby Postcodes
B62 8LR is the 176th largest and the 98th most expensive postcode out of the 525 postcodes in the B62 area.
- B62 8NJ, Meadow Road, Halesowen, B62B62 8NJ34 Addresses|76 m away
- B62 8LL, Cocksheds Lane, Halesowen, B62B62 8LL40 Addresses|80 m away
- B62 8NL, Lloyds Road, Halesowen, B62B62 8NL14 Addresses|81 m away
- B62 8LP, Haywood Drive, Halesowen, B62B62 8LP18 Addresses|106 m away
- B62 8LS, Olive Lane, Halesowen, B62B62 8LS46 Addresses|129 m away
Property Types
- 3 period houses built between 1800 and 1911
- 4 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- period house (3)
- mid-century house (4)
- early-century house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (5)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Mar 2020£280,000 | 5 Bed House79, Olive Lane, Halesowen, B62 8LZ79, Olive Lane, Halesowen, B62 8LZ
- Sold Mar 2021£255,000 | 4 Bed House76, Olive Lane, Halesowen, B62 8LZ76, Olive Lane, Halesowen, B62 8LZ
- Sold Dec 2005£233,000 | 5 Bed House79, Olive Lane, Halesowen, B62 8LZ79, Olive Lane, Halesowen, B62 8LZ
Schools Nearby
- Highfields Primary School500 m away
- Olive Hill Primary Academy600 m away
- Hurst Green Primary School900 m away
- Leasowes High School1.3 km away
- St Michael's Church of England High School1.7 km away
- Ormiston Forge Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to B62 8LR is Rowley Regis station, which is 1.1 kilometres away.
- Rowley Regis|1.1 km away
- Old Hill|1.1 km away
- Cradley Heath|3.4 km away
- Langley Green|3.6 km away