Olive Lane - B62 8LY
Key Postcode Insights
B62 8LY is a residential postcode situated on Olive Lane, Halesowen, B62 with 17 addresses.
It ranks as the 231st largest and 128th 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 17 properties: 17 houses.
- Ave. Sale Price
- £241,177
- 10 Year change
- up 69.6%
- Ave. Rental Price
- £1,373pcm
- 10 Year change
- up 83.9%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
B62 8LY is a residential postcode situated on Olive Lane, Halesowen, B62 with 17 addresses.
It ranks as the 231st largest and 128th 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 17 properties: 17 houses.
- Ave. Sale Price
- £241,177
- 10 Year change
- up 69.6%
- Ave. Rental Price
- £1,373pcm
- 10 Year change
- up 83.9%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin B62 8LY
- 119 Olive Lane
3 Bed Mid-century House
- 120 Olive Lane
Unknown
- 121 Olive Lane
Unknown
- 122 Olive Lane
Unknown
- 125 Olive Lane
4 Bed Early-century House
Sales Market Trends
The last sale in B62 8LY sold for £190,000 on 16th June 2023. Since then prices are up an average of 33.6%.
The current average value in the postcode is £241,177.
The B62 8LY Sales Market has increased by 69.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £241,177 |
| June 2025 | 5.2% | £237,143 |
| June 2024 | 1.1% | £225,348 |
| June 2023 | 2.2% | £222,882 |
| June 2022 | 14% | £218,060 |
| June 2021 | 10% | £191,362 |
| June 2020 | 2.8% | £173,975 |
| June 2019 | 5.1% | £169,297 |
| June 2018 | 7.5% | £161,023 |
| June 2017 | 5.3% | £149,758 |
| June 2016 | 5.4% | £142,217 |
| June 2015 | 5.4% | £134,882 |
| June 2014 | 5% | £128,016 |
| June 2013 | 1.2% | £121,973 |
| June 2012 | -0.5% | £120,495 |
| June 2011 | -0.7% | £121,053 |
| June 2010 | 1.3% | £121,963 |
| June 2009 | -9.4% | £120,423 |
| June 2008 | -2.5% | £132,973 |
| June 2007 | 0% | £136,333 |
Rental Market Trends
The current average rental value in the postcode is £1,373.
The B62 8LY Rental Market has increased by 83.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,373pcm |
| June 2025 | 7.7% | £1,310pcm |
| June 2024 | 7.8% | £1,217pcm |
| June 2023 | 11.2% | £1,129pcm |
| June 2022 | 11.2% | £1,015pcm |
| June 2021 | 8% | £912pcm |
| June 2020 | 2.6% | £845pcm |
| June 2019 | 3.1% | £824pcm |
| June 2018 | 2.8% | £799pcm |
| June 2017 | 4.1% | £777pcm |
| June 2016 | 3.9% | £747pcm |
| June 2015 | 4.2% | £719pcm |
| June 2014 | 2.7% | £690pcm |
| June 2013 | -0.7% | £672pcm |
| June 2012 | 0.6% | £676pcm |
| June 2011 | 2.5% | £673pcm |
| June 2010 | 2.2% | £656pcm |
| June 2009 | -4.5% | £642pcm |
| June 2008 | 1.8% | £672pcm |
| June 2007 | 0% | £660pcm |
Sales History
The last sale was on 16th June 2023 for £190,000 and since then the market in the area has increased by 33.6%. The postcode has had a total of 12 sales since 1995.
B62 8LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£190,000 | 3 Bed House119, Olive Lane, Halesowen, B62 8LY119, Olive Lane, Halesowen, B62 8LY
- Sold Jan 2021£176,750 | 3 Bed House127, Olive Lane, Halesowen, B62 8LY127, Olive Lane, Halesowen, B62 8LY
- Sold Oct 2017£145,000 | 3 Bed House127, Olive Lane, Halesowen, B62 8LY127, Olive Lane, Halesowen, B62 8LY
- Sold Nov 2016£115,000 | 3 Bed House135, Olive Lane, Halesowen, B62 8LY135, Olive Lane, Halesowen, B62 8LY
- Sold May 2012£119,000 | 3 Bed House127, Olive Lane, Halesowen, B62 8LY127, Olive Lane, Halesowen, B62 8LY
Nearby Postcodes
B62 8LY is the 231st largest and the 128th most expensive postcode out of the 525 postcodes in the B62 area.
- B62 8NF, Ridgefield Road, Halesowen, B62B62 8NF31 Addresses|70 m away
- B62 8LS, Olive Lane, Halesowen, B62B62 8LS46 Addresses|71 m away
- B62 8NE, Ridgefield Road, Halesowen, B62B62 8NE28 Addresses|95 m away
- B62 8NL, Lloyds Road, Halesowen, B62B62 8NL14 Addresses|97 m away
- B62 8LU, Hope Street, Halesowen, B62B62 8LU37 Addresses|123 m away
Property Types
- 1 period house built between 1800 and 1911
- 7 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- period house (1)
- mid-century house (7)
- house (1)
- early-century house (2)
- Unknown (6)
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 (3)
- G (0)
- D (6)
- No EPC (7)
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
- Olive Hill Primary Academy400 m away
- Highfields Primary School600 m away
- Hurst Green Primary School800 m away
- Leasowes High School1.2 km away
- Perryfields Academy1.8 km away
- The Earls High School1.9 km away
More reading links
Public Transport Nearby
The closest station to B62 8LY is Rowley Regis station, which is 1.2 kilometres away.
- Rowley Regis|1.2 km away
- Old Hill|1.3 km away
- Cradley Heath|3.6 km away
- Langley Green|3.7 km away
