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Parkes Lane is a residential street with 19 addresses.
It ranks as the 236th largest and 237th most expensive of the 516 streets in the DY3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 19 properties: 19 houses.
Parkes Lane is a residential street with 19 addresses.
It ranks as the 236th largest and 237th most expensive of the 516 streets in the DY3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 19 properties: 19 houses.
Sale prices range from £178,199 for 3 bedroom freehold houses with a garden (882 ft2) to £287,341 for 3 bedroom freehold houses with a garden (1,087 ft2) .
Monthly rental prices range from £983 pcm for 3 bed houses to £1,348 pcm for 3 bed houses.
The gross rental yield is between 5.6% and 6.6%.
The average value per square foot is £294.
The last sale on Parkes Lane sold for £250,000 on 23rd January 2026. Since then prices are up an average of 1.9%.
The current average value in the street is £252,263.
The Parkes Lane Sales Market has increased by 62.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.3% | £252,263 |
| May 2025 | 3.8% | £249,091 |
| May 2024 | -0.1% | £239,991 |
| May 2023 | 3.5% | £240,195 |
| May 2022 | 12.7% | £232,032 |
| May 2021 | 8.5% | £205,939 |
| May 2020 | 5.8% | £189,753 |
| May 2019 | 3.8% | £179,359 |
| May 2018 | 5.8% | £172,867 |
| May 2017 | 5.3% | £163,461 |
| May 2016 | 5.3% | £155,274 |
| May 2015 | 3% | £147,523 |
| May 2014 | 3.4% | £143,237 |
| May 2013 | 1.1% | £138,564 |
| May 2012 | -2.5% | £137,011 |
| May 2011 | -0.4% | £140,576 |
| May 2010 | 6.6% | £141,170 |
| May 2009 | -10.7% | £132,378 |
| May 2008 | -1% | £148,231 |
| May 2007 | 0% | £149,662 |
The current average rental value in the street is £1,266.
The Parkes Lane Rental Market has increased by 70.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £1,266pcm |
| May 2025 | 4.5% | £1,235pcm |
| May 2024 | 10.5% | £1,181pcm |
| May 2023 | 9.5% | £1,069pcm |
| May 2022 | 8.2% | £977pcm |
| May 2021 | 7.3% | £902pcm |
| May 2020 | 3.8% | £841pcm |
| May 2019 | 2.4% | £811pcm |
| May 2018 | 1.9% | £792pcm |
| May 2017 | 4.3% | £777pcm |
| May 2016 | 3.1% | £745pcm |
| May 2015 | 2.8% | £722pcm |
| May 2014 | 1.1% | £703pcm |
| May 2013 | -0.2% | £695pcm |
| May 2012 | 3.1% | £697pcm |
| May 2011 | 1.4% | £676pcm |
| May 2010 | 4% | £666pcm |
| May 2009 | -1.8% | £641pcm |
| May 2008 | 2% | £652pcm |
| May 2007 | 0% | £640pcm |
The last sale was on 23rd January 2026 for £250,000 and since then the market in the area has increased by 1.9%. The street has had a total of 31 sales since 1995.
Parkes Lane, Dudley, DY3 has seen 5 sales in the last three years and 2 sales in the last twelve months.
Parkes Lane, Dudley, DY3 is the 236th largest and the 237th most expensive street in the DY3 area.
There is 1 postcode on Parkes Lane, Dudley, DY3.
The closest station to Parkes Lane, Dudley, DY3 is Coseley station which is 1.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Parkes Lane, Dudley, DY3, 56.0% of property is privately owned outright and 32.8% 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 Parkes Lane, Dudley, DY3, 12.3% of residents are recorded as possessing school level qualifications and 25.5% 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 Parkes Lane, Dudley, DY3, the average age was 43.1 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 Parkes Lane, Dudley, DY3, 0.8% 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 Parkes Lane, Dudley, DY3, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.