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Olive Drive is a residential street with 16 addresses.
It ranks as the 90th largest and 59th most expensive of the 270 streets in the B62 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 16 properties: 16 houses.
Olive Drive is a residential street with 16 addresses.
It ranks as the 90th largest and 59th most expensive of the 270 streets in the B62 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 16 properties: 16 houses.
Sale prices range from £198,167 for 3 bedroom freehold houses with a garden (654 ft2) to £236,443 for 3 bedroom freehold houses with a garden (843 ft2) .
Monthly rental prices range from £1,175 pcm for 3 bed houses to £1,357 pcm for 3 bed houses.
The gross rental yield is between 6.9% and 7.2%.
The average value per square foot is £268.
The last sale on Olive Drive sold for £219,000 on 28th July 2023. Since then prices are up an average of 9.7%.
The current average value in the street is £221,092.
The Olive Drive Sales Market has increased by 76.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £221,092 |
| May 2025 | 6% | £215,699 |
| May 2024 | 0.4% | £203,542 |
| May 2023 | 4.5% | £202,824 |
| May 2022 | 14.1% | £194,101 |
| May 2021 | 9.8% | £170,129 |
| May 2020 | 2.9% | £155,003 |
| May 2019 | 5.8% | £150,673 |
| May 2018 | 7.8% | £142,443 |
| May 2017 | 5.5% | £132,168 |
| May 2016 | 4.4% | £125,231 |
| May 2015 | 5.9% | £119,941 |
| May 2014 | 5% | £113,303 |
| May 2013 | 1.2% | £107,859 |
| May 2012 | -0.9% | £106,629 |
| May 2011 | -1.4% | £107,592 |
| May 2010 | 1.9% | £109,168 |
| May 2009 | -11.8% | £107,183 |
| May 2008 | -0.7% | £121,562 |
| May 2007 | 0% | £122,367 |
The current average rental value in the street is £1,278.
The Olive Drive Rental Market has increased by 89.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.4% | £1,278pcm |
| May 2025 | 8.2% | £1,213pcm |
| May 2024 | 8.2% | £1,120pcm |
| May 2023 | 12.1% | £1,035pcm |
| May 2022 | 11.5% | £923pcm |
| May 2021 | 7.4% | £828pcm |
| May 2020 | 3% | £771pcm |
| May 2019 | 3.3% | £749pcm |
| May 2018 | 3.5% | £725pcm |
| May 2017 | 3.9% | £700pcm |
| May 2016 | 3.5% | £674pcm |
| May 2015 | 4% | £651pcm |
| May 2014 | 2.7% | £625pcm |
| May 2013 | -0.6% | £609pcm |
| May 2012 | 1% | £612pcm |
| May 2011 | 2% | £606pcm |
| May 2010 | 1% | £595pcm |
| May 2009 | -5.3% | £589pcm |
| May 2008 | 2.1% | £621pcm |
| May 2007 | 0% | £608pcm |
The last sale was on 28th July 2023 for £219,000 and since then the market in the area has increased by 9.7%. The street has had a total of 19 sales since 1995.
Olive Drive, Halesowen, B62 has seen 1 sale in the last three years and no sales in the last twelve months.
Olive Drive, Halesowen, B62 is the 90th largest and the 59th most expensive street in the B62 area.
There is 1 postcode on Olive Drive, Halesowen, B62.
The closest station to Olive Drive, Halesowen, B62 is Old Hill station which is 900 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Olive Drive, Halesowen, B62, 38.8% of property is privately owned outright and 31.9% 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 Olive Drive, Halesowen, B62, 23.0% of residents are recorded as possessing school level qualifications and 19.0% 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 Olive Drive, Halesowen, B62, the average age was 38.5 and the most common age was 32.
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 Olive Drive, Halesowen, B62, 0.9% 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 Olive Drive, Halesowen, B62, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
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.