Brierley Hill

Area Guide For Brierley Hill

Brierley Hill is a residential area and electing ward of the Dudley Metropolitan Borough, in the West Midlands of England, and is arranged give or take 2.5 miles south of focal Dudley and 2 miles north of Stourbridge. Some piece of the Black Country, and in an intensely industrialized territory of the Dudley Borough, it has a populace of 13,935 at the 2011 census, and is best known for glass and steel producing, despite the fact that the business has declined extensively since the 1970s. One of the biggest plants in the zone was the Round Oak Steelworks, which was shut down and redeveloped in the 1980s to turn into the Merry Hill Shopping Center. Brierley Hill was initially in Staffordshire, yet is presently piece of the West Midlands metropolitan region since its creation in 1974. Under present plans, a proposed expansion to the Midland Metro would see the route line north of Brierley Hill re-opened, with light rail administrations giving a connection to the current Metro line in Wednesbury.


Brierley Hill Map

Estimated Price: £129,885
Average Asking Price: £130,734
Price change in last one year: £4,766
Average Price Paid: £122,944
Average Rent Rates: £798


Property Prices Breakdown in Brierley Hill

Average Price for property in Brierley Hill is around £129,885 which varies based on type of property you are interested in and ranges from £193,693 for detached house to around £119,951 for semi-detached. Similarly terraced house is around £100,005 and a flat is worth £83,030. Values have been changing and have risen £1,397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,139 in last 6 months, £4,766 in last 1 year, £1,854 in last 2 years, £7,548 in last 3 years, £6,140 in last 4 years and £5,055 in last 5 years.

Currently average asking price of a property in Brierley Hill is around £130,734 based on approximately 333 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £798 per month.

Estimated property value in Brierley Hill is £129,885. Average asking price is £130,734 while average price paid is £125,787 which is up by £4,766 and Avg. asking rent £798.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Brierley Hill area. In last 1 year alone average price buyer paid is around £125,787 based on approximately 333 sales in Brierley Hill area alone. If you compare it to last 3 years sales of 1,009 properties where buyers paid around £122,359. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £122,944 for 1,599 and average amount paid for purchase of approx. 2,246 properties sold in last 7 years comes to about £123,368 per sale.


Properties For Sale in Brierley Hill


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £96,100, £108,950 for a 2 bedroom house, £137,157 for a 3 bedroom house, £202,796 for a 4 bedroom house and £270,808 for a 5 bedroom house. For a flat similarly the prices varies from £75,914 for a single bedroom to £95,979 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £88,500. To sum up the asking prices for properties in Brierley Hill it comes to around average £78,097 for 1 bedroom property, £104,727 for 2 bedroom, £136,585 for 3 bedroom, £202,796 for 4 bedroom and £270,808 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £327 for 1 bedroom to £502 for 2 bedroom, £588 for 3 bedroom and £804 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £347. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £432 and £399 for 3 bedroom. You should be generally be expecting around average £344 rent per month for single bedroom property, £475 for 2 bedroom, £550 for 3 bedroom and approximately £804 for 4 bedroom property in Brierley Hill area.

Popular Houses in Brierley Hill

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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