Area Guide For Halesowen

Halesowen is a town in the Metropolitan Borough of Dudley, in the West Midlands, England. Verifiably in Worcestershire, the populace, as measured by the United Kingdom Census 2001, was 55,273. Halesowen is incorporated in the Halesowen and Rowley Regis voting public which is held by the Conservative James Morris. Halesowen is recorded in the Domesday Book of 1086 as being bigger than Birmingham. The estate and town was known as Hala (from the Anglo-Saxon word "halh", significance niche or remote valley), until it was skilled by King Henry II to Welsh Prince David Owen and got to be known as Halas Owen. The area of Halesowen, which joined different townships later to wind up autonomous areas, was an exclave of the district of Shropshire, yet developed to turn into a town and was exchanged to the purview of Worcestershire by the Counties (Detached Parts) Act 1844. Included in the limits was the old town of Brettle. Halesowen, as specified above, is no more served by a route station. It is however served by a genuinely far reaching transport organize, and is on the Hagley Road Bus Corridor from Birmingham to Stourbridge (highway 9), the Merry Hill Shopping Center (highway 002, 141 or 297) and Dudley (highway 241 or 297). Halesowen Bus Station is placed on Queensway, beside the new ASDA grocery store and the Job Center Plus.


Halesowen Map

Estimated Price: £179,116
Average Asking Price: £191,824
Price change in last one year: £12,142
Average Price Paid: £154,454
Average Rent Rates: £775


Property Prices Breakdown in Halesowen

Average Price for property in Halesowen is around £179,116 which varies based on type of property you are interested in and ranges from £274,434 for detached house to around £173,451 for semi-detached. Similarly terraced house is around £142,154 and a flat is worth £105,661. Values have been changing and have risen £873 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,034 in last 6 months, £12,142 in last 1 year, £14,130 in last 2 years, £16,462 in last 3 years, £13,185 in last 4 years and £13,497 in last 5 years.

Currently average asking price of a property in Halesowen is around £191,824 based on approximately 662 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £775 per month.

Estimated property value in Halesowen is £179,116. Average asking price is £191,824 while average price paid is £158,997 which is up by £12,142 and Avg. asking rent £775.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 Halesowen area. In last 1 year alone average price buyer paid is around £158,997 based on approximately 662 sales in Halesowen area alone. If you compare it to last 3 years sales of 1,970 properties where buyers paid around £153,930. 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 £154,454 for 3,234 and average amount paid for purchase of approx. 4,317 properties sold in last 7 years comes to about £153,858 per sale.


Properties For Sale in Halesowen


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 £99,271, £130,673 for a 2 bedroom house, £177,118 for a 3 bedroom house, £305,481 for a 4 bedroom house and £456,004 for a 5 bedroom house. For a flat similarly the prices varies from £96,034 for a single bedroom to £107,097 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £144,975. To sum up the asking prices for properties in Halesowen it comes to around average £96,615 for 1 bedroom property, £123,600 for 2 bedroom, £176,791 for 3 bedroom, £305,481 for 4 bedroom and £456,004 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 £425 for 1 bedroom to £543 for 2 bedroom, £624 for 3 bedroom and £1,200 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £397. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £546 and £634 for 3 bedroom. You should be generally be expecting around average £400 rent per month for single bedroom property, £545 for 2 bedroom, £626 for 3 bedroom and approximately £1,200 for 5 bedroom property in Halesowen area.

Popular Houses in Halesowen

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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