DY8 3AL is a residential postcode situated on Melvyn Close, Stourbridge, DY8 with 5 addresses.
It ranks as the 256th largest and 390th most expensive of the 1,452 postcodes in the DY8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
DY8 3AL is a residential postcode situated on Melvyn Close, Stourbridge, DY8 with 5 addresses.
It ranks as the 256th largest and 390th most expensive of the 1,452 postcodes in the DY8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £226,450 for 2 bedroom freehold houses with a garden (635 ft2) to £240,368 for 3 bedroom freehold houses with a garden (688 ft2) .
Monthly rental prices range from £996 pcm for 2 bed houses to £1,062 pcm for 3 bed houses.
The gross rental yield is between 5.3% and 5.3%.
The average value per square foot is £357.
The last sale in DY8 3AL sold for £220,000 on 25th August 2023. Since then prices are up an average of 28.2%.
The current average value in the postcode is £230,080.
The DY8 3AL Sales Market has increased by 53.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £230,080 |
| April 2025 | 2.5% | £229,477 |
| April 2024 | -0.3% | £223,943 |
| April 2023 | 3.1% | £224,671 |
| April 2022 | 12.1% | £217,928 |
| April 2021 | 6.9% | £194,490 |
| April 2020 | 3% | £181,959 |
| April 2019 | 5.3% | £176,611 |
| April 2018 | 4.6% | £167,693 |
| April 2017 | 6.7% | £160,272 |
| April 2016 | 3.6% | £150,181 |
| April 2015 | 6.9% | £144,983 |
| April 2014 | 4.2% | £135,579 |
| April 2013 | 2.1% | £130,142 |
| April 2012 | -1% | £127,479 |
| April 2011 | -4.9% | £128,749 |
| April 2010 | 4% | £135,377 |
| April 2009 | -10.8% | £130,129 |
| April 2008 | 2% | £145,877 |
| April 2007 | 0% | £142,974 |
The current average rental value in the postcode is £1,013.
The DY8 3AL Rental Market has increased by 67.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £1,013pcm |
| April 2025 | 7.5% | £970pcm |
| April 2024 | 6.9% | £903pcm |
| April 2023 | 7.2% | £845pcm |
| April 2022 | 9.2% | £788pcm |
| April 2021 | 6.2% | £722pcm |
| April 2020 | 3.7% | £679pcm |
| April 2019 | 3.3% | £655pcm |
| April 2018 | 0.7% | £634pcm |
| April 2017 | 4.1% | £630pcm |
| April 2016 | 2.9% | £605pcm |
| April 2015 | 2.2% | £588pcm |
| April 2014 | 4.1% | £575pcm |
| April 2013 | -0.3% | £552pcm |
| April 2012 | 0.9% | £554pcm |
| April 2011 | 3.3% | £549pcm |
| April 2010 | 1.8% | £532pcm |
| April 2009 | -7.7% | £522pcm |
| April 2008 | 5% | £566pcm |
| April 2007 | 0% | £539pcm |
The last sale was on 25th August 2023 for £220,000 and since then the market in the area has increased by 28.2%. The postcode has had a total of 8 sales since 1995.
DY8 3AL has seen 1 sale in the last three years and no sales in the last twelve months.
DY8 3AL is the 256th largest and the 390th most expensive postcode out of the 1,452 postcodes in the DY8 area.
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The closest station to DY8 3AL is Stourbridge Town station which is 1.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around DY8 3AL, 42.5% of property is privately owned outright and 32.4% 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 DY8 3AL, 11.7% of residents are recorded as possessing school level qualifications and 34.9% 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 DY8 3AL, the average age was 42.3 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 DY8 3AL, 0.0% 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 DY8 3AL, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.