Olive Lane - B62 8LZ
Key Postcode Insights
B62 8LZ is a residential postcode situated on Olive Lane, Halesowen, B62 with 18 addresses.
It ranks as the 250th largest and 122nd most expensive of the 525 postcodes in the B62 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £252,555
- 10 Year change
- up 51.5%
- Ave. Rental Price
- £1,406pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
B62 8LZ is a residential postcode situated on Olive Lane, Halesowen, B62 with 18 addresses.
It ranks as the 250th largest and 122nd most expensive of the 525 postcodes in the B62 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £252,555
- 10 Year change
- up 51.5%
- Ave. Rental Price
- £1,406pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin B62 8LZ
- 60 Olive Lane
5 Bed Modern House
- 61 Olive Lane
3 Bed Modern House
- 62 Olive Lane
3 Bed Modern House
- 63 Olive Lane
3 Bed Modern House
- 64 Olive Lane
3 Bed Modern House
Sales Market Trends
The last sale in B62 8LZ sold for £185,000 on 7th May 2021. Since then prices are up an average of 21.8%.
The current average value in the postcode is £252,555.
The B62 8LZ Sales Market has increased by 51.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £252,555 |
| June 2025 | 3.2% | £254,223 |
| June 2024 | -0.6% | £246,455 |
| June 2023 | 2.8% | £247,823 |
| June 2022 | 10.5% | £241,141 |
| June 2021 | 8.9% | £218,233 |
| June 2020 | 0.8% | £200,359 |
| June 2019 | 4.8% | £198,814 |
| June 2018 | 8% | £189,632 |
| June 2017 | 5.3% | £175,579 |
| June 2016 | 4.4% | £166,734 |
| June 2015 | 6.9% | £159,719 |
| June 2014 | 4.5% | £149,432 |
| June 2013 | 2.5% | £143,011 |
| June 2012 | -1% | £139,552 |
| June 2011 | 1.3% | £140,941 |
| June 2010 | 1.2% | £139,165 |
| June 2009 | -4.9% | £137,455 |
| June 2008 | -2.3% | £144,519 |
| June 2007 | 0% | £147,880 |
Rental Market Trends
The current average rental value in the postcode is £1,406.
The B62 8LZ Rental Market has increased by 72.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,406pcm |
| June 2025 | 6.6% | £1,370pcm |
| June 2024 | 7.7% | £1,285pcm |
| June 2023 | 10.7% | £1,193pcm |
| June 2022 | 9.8% | £1,078pcm |
| June 2021 | 7.5% | £981pcm |
| June 2020 | 2.3% | £913pcm |
| June 2019 | 2.5% | £892pcm |
| June 2018 | 2.3% | £870pcm |
| June 2017 | 4.3% | £850pcm |
| June 2016 | 3.5% | £815pcm |
| June 2015 | 4% | £787pcm |
| June 2014 | 2.6% | £757pcm |
| June 2013 | -0.7% | £738pcm |
| June 2012 | 1% | £743pcm |
| June 2011 | 3% | £736pcm |
| June 2010 | 4.2% | £714pcm |
| June 2009 | -2.9% | £685pcm |
| June 2008 | 1.6% | £706pcm |
| June 2007 | 0% | £695pcm |
Sales History
The last sale was on 7th May 2021 for £185,000 and since then the market in the area has increased by 21.8%. The postcode has had a total of 21 sales since 1995.
B62 8LZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2021£185,000 | 3 Bed House66, Olive Lane, Halesowen, B62 8LZ66, Olive Lane, Halesowen, B62 8LZ
- Sold May 2021£185,000 | 3 Bed House67, Olive Lane, Halesowen, B62 8LZ67, Olive Lane, Halesowen, B62 8LZ
- Sold Mar 2021£255,000 | 4 Bed House76, Olive Lane, Halesowen, B62 8LZ76, Olive Lane, Halesowen, B62 8LZ
- Sold Sep 2020£160,000 | 3 Bed House71, Olive Lane, Halesowen, B62 8LZ71, Olive Lane, Halesowen, B62 8LZ
- Sold Mar 2020£280,000 | 5 Bed House79, Olive Lane, Halesowen, B62 8LZ79, Olive Lane, Halesowen, B62 8LZ
Nearby Postcodes
B62 8LZ is the 250th largest and the 122nd most expensive postcode out of the 525 postcodes in the B62 area.
- B62 8LT, Olive Lane, Halesowen, B62B62 8LT24 Addresses|67 m away
- B62 8LD, St. Loyes Close, Halesowen, B62B62 8LD5 Addresses|68 m away
- B62 8LX, Leafield Gardens, Halesowen, B62B62 8LX40 Addresses|79 m away
- B62 8NA, Stewarts Road, Halesowen, B62B62 8NA17 Addresses|96 m away
- B62 8JZ, Springfield Road, Halesowen, B62B62 8JZ26 Addresses|129 m away
Property Types
- 8 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 4 other addresses of unknown type
- period house (8)
- modern house (6)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (1)
- C (7)
- G (0)
- D (4)
- No EPC (4)
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 Academy200 m away
- Hurst Green Primary School600 m away
- Highfields Primary School800 m away
- Leasowes High School1.0 km away
- Perryfields Academy1.6 km away
- The Earls High School1.9 km away
More reading links
Public Transport Nearby
The closest station to B62 8LZ is Rowley Regis station, which is 1.2 kilometres away.
- Rowley Regis|1.2 km away
- Old Hill|1.5 km away
- Langley Green|3.6 km away
- Cradley Heath|3.7 km away
