Housing Market Analysis for MICHAEL DRIVE, B15 2EL

Are you looking to understand B15 2EL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Birmingham postcode.

For the location information and nearby amenities in the B15 2EL area, explore the B15 2EL Area information page.
For comprehensive crime statistics in the B15 2EL area, explore the B15 2EL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B15 2EL postcode area, The average prices are as follows,

Detached
- The average price is around £316,500 median price is £243,500 Standard Deviation is £156,667 with Total Sold: 17
- The most recent sale happened at this postcode is 25 MICHAEL DRIVE: £600,000 (Sold on 12 Aug 2016)
- The first recorded sale happened at this postcode is 33 MICHAEL DRIVE: £180,000 (Sold on 18 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B15 2EL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£600,000	£4,940	1
2015	£565,000		1
2012	£340,000	£2,698	1
2008	£522,000		1
2007	£512,000		1
2004	£387,667	£3,169	3
2001	£243,500		1
1999	£190,000	£1,360	5
1998	£152,500	£1,176	2
1997	£180,000		1

All the Sales in the MICHAEL DRIVE, B15 2EL

See the table below for more details on the sold house prices in the B15 2EL, Birmingham postcode.

Address	Sold Date	Price	% Change
25 MICHAEL DRIVEDetached, FreeholdArea: 121.46 Sq.mtrAge: 1983-1990	12 Aug 2016	£600,000	First Sale
31 MICHAEL DRIVEDetached, Leasehold	16 Dec 2015	£565,000	First Sale
10 MICHAEL DRIVEDetached, FreeholdArea: 126 Sq.mtrAge: 1967-1975	17 Oct 2012	£340,000	First Sale
29 MICHAEL DRIVEDetached, Leasehold	29 Aug 2008	£522,000	First Sale
20 MICHAEL DRIVEDetached, Freehold	23 May 2007	£512,000	2.91%
	07 May 2004	£497,500	121.11%
	03 Sep 1999	£225,000	First Sale
4 MICHAEL DRIVEDetached, Freehold	18 Jun 2004	£338,000	First Sale
8 MICHAEL DRIVEDetached, FreeholdArea: 103.34 Sq.mtrAge: 1976-1982	28 Jan 2004	£327,500	First Sale
34 MICHAEL DRIVEDetached, Leasehold	26 Oct 2001	£243,500	First Sale
32 MICHAEL DRIVEDetached, LeaseholdArea: 136 Sq.mtrAge: 1950-1966	20 Aug 1999	£185,000	15.62%
	06 Feb 1998	£160,000	First Sale
38 MICHAEL DRIVEDetached, Leasehold	30 Apr 1999	£182,000	First Sale
27 MICHAEL DRIVEDetached, Leasehold	31 Mar 1999	£205,000	First Sale
36 MICHAEL DRIVEDetached, Leasehold	29 Jan 1999	£153,000	First Sale
18 MICHAEL DRIVEDetached, Leasehold	15 Sep 1998	£145,000	First Sale
33 MICHAEL DRIVEDetached, Leasehold	18 Jul 1997	£180,000	First Sale

Check out the sold house prices near the B15 2EL postcode. Properties currently for saleProperties currently for rent

MICHAEL DRIVE, B15 2EL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B15 2EL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the B15 2EL postcode.

Flat
- The average price is around £123,920 median price is £110,000 Standard Deviation is £78,232 with Total Sold: 593
- The Last 5 Year average price is £159,918 with Total Sold: 76
- The most recent sale happened at this postcode is FLAT 98, MICHAEL COURT, 115 BRISTOL ROAD: £50,000 (Sold on 25 Sep 2024)
- The first recorded sale happened at this postcode is , 105 VICEROY CLOSE: £41,000 (Sold on 09 Jan 1995)
Terraced
- The average price is around £179,757 median price is £169,950 Standard Deviation is £110,058 with Total Sold: 394
- The Last 5 Year average price is £290,215 with Total Sold: 52
- The most recent sale happened at this postcode is , 24 REGENT CLOSE: £370,000 (Sold on 03 Jul 2024)
- The first recorded sale happened at this postcode is , 85 PERSHORE ROAD: £50,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £506,435 median price is £363,054 Standard Deviation is £430,670 with Total Sold: 338
- The Last 5 Year average price is £1,031,488 with Total Sold: 38
- The most recent sale happened at this postcode is , 111 GOUGH ROAD: £920,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 1 DEELEY CLOSE: £128,500 (Sold on 01 Feb 1995)
Semi-Detached
- The average price is around £255,201 median price is £201,000 Standard Deviation is £222,693 with Total Sold: 280
- The Last 5 Year average price is £469,944 with Total Sold: 35
- The most recent sale happened at this postcode is , 47 CHARLOTTE ROAD: £515,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 83 BRISTOL ROAD: £40,000 (Sold on 13 Apr 1995)
Other
- The average price is around £1,184,431 median price is £374,625 Standard Deviation is £2,399,450 with Total Sold: 24
- The Last 5 Year average price is £1,883,856 with Total Sold: 11
- The most recent sale happened at this postcode is , Sep-19 BRISTOL ROAD: £8,106,602 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is , 59 VICEROY CLOSE: £205,000 (Sold on 16 Dec 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,000	£2,500	2
2023	£190,906	£2,347	15
2022	£161,790	£2,093	24
2021	£137,350	£2,372	10
2020	£134,669	£1,699	13
2019	£152,750	£2,447	12
2018	£157,814	£2,046	25
2017	£174,357	£2,225	14
2016	£148,825	£2,136	20
2015	£169,498	£2,024	27
2014	£130,144	£1,876	46
2013	£138,004	£1,895	40
2012	£108,586	£1,657	29
2011	£111,606	£1,526	18
2010	£137,000	£1,894	7
2009	£185,833	£1,669	6
2008	£122,529	£1,529	17
2007	£128,615	£1,506	22
2006	£164,425	£2,143	20
2005	£163,155	£2,181	28
2004	£184,460	£2,118	25
2003	£95,767	£1,432	17
2002	£92,888	£1,178	29
2001	£69,553	£1,068	19
2000	£44,129	£771	21
1999	£63,304	£802	26
1998	£55,545	£672	11
1997	£57,823	£644	20
1996	£40,137	£592	15
1995	£45,777	£607	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,000		1
2023	£330,768	£3,264	7
2022	£283,118	£2,862	17
2021	£369,722	£3,081	8
2020	£247,318	£2,617	11
2019	£239,312	£2,680	8
2018	£266,671	£2,745	14
2017	£319,875	£2,736	12
2016	£254,459	£2,472	16
2015	£237,323	£2,461	13
2014	£190,545	£2,376	11
2013	£183,375	£1,992	8
2012	£189,119	£2,281	16
2011	£215,170	£2,659	18
2010	£183,588	£2,741	25
2009	£179,590	£1,898	10
2008	£205,973	£1,818	7
2007	£160,393	£1,232	7
2006	£171,683	£1,751	12
2005	£192,103	£2,071	14
2004	£177,366	£2,038	19
2003	£138,900	£1,536	12
2002	£120,406	£1,177	16
2001	£118,344	£1,374	16
2000	£74,244	£894	8
1999	£106,592	£982	20
1998	£87,956	£985	16
1997	£84,679	£943	33
1996	£61,475	£667	10
1995	£49,344	£560	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,197,500		2
2023	£390,554	£3,259	2
2022	£1,328,750	£5,018	4
2021	£1,325,679	£4,810	14
2020	£986,000	£4,192	5
2019	£655,995	£3,439	11
2018	£686,681	£5,281	18
2017	£542,517	£3,444	12
2016	£490,571	£3,251	7
2015	£628,955	£3,322	11
2014	£845,150	£3,248	10
2013	£493,333	£3,384	6
2012	£875,850	£3,081	7
2011	£567,850	£2,731	10
2010	£667,431	£2,930	18
2009	£488,125	£2,060	4
2008	£485,390	£2,536	10
2007	£794,769	£2,865	13
2006	£406,742	£2,701	12
2005	£365,125	£2,373	8
2004	£512,941	£1,980	17
2003	£381,643	£1,547	7
2002	£371,735	£1,416	17
2001	£240,187	£1,176	26
2000	£275,648	£1,168	20
1999	£208,931	£2,272	16
1998	£233,409	£1,061	11
1997	£162,067	£838	18
1996	£180,475	£905	10
1995	£206,625	£930	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£515,000	£3,140	1
2023	£807,375	£3,469	8
2022	£282,000	£3,542	5
2021	£437,350	£3,469	10
2020	£314,833	£2,865	3
2019	£343,256	£2,910	8
2018	£495,000	£3,124	4
2017	£393,617	£2,767	5
2016	£296,594	£2,459	12
2015	£385,078	£2,471	7
2014	£435,369	£3,216	8
2013	£361,500	£1,992	5
2012	£308,375	£2,330	4
2011	£243,085	£2,294	10
2010	£257,087	£2,221	23
2009	£188,993	£2,108	7
2008	£302,328	£1,833	9
2007	£334,688	£2,090	12
2006	£262,100	£2,681	5
2005	£260,072	£2,175	9
2004	£298,143	£1,950	7
2003	£175,125	£1,380	8
2002	£150,441	£1,084	18
2001	£116,596	£1,032	14
2000	£149,822	£997	18
1999	£160,836	£921	11
1998	£125,808	£778	13
1997	£87,372	£662	16
1996	£131,400	£747	5
1995	£149,437	£630	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£2,437,776		4
2022	£104,177	£70	3
2021	£387,500	£2,729	1
2020	£9,637,285		1
2019	£317,000		2
2018	£239,955	£1,698	7
2017	£1,163,850	£3,398	5
2016	£205,000	£1,708	1

House Type in B15 2EL area

The most common house types in the B15 2EL postcode area are Flat (80), Detached (59), and Semi-detached (4).

Total	148
Flat	80
Detached	59
Semi-detached	4
Terraced	3
converted building	1
commercial building	1
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Private rented: Private landlord or letting agency (44).

Owned: Owns outright	67
Private rented: Private landlord or letting agency	44
Owned: Owns with a mortgage or loan	32
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B15 2EL have 1 person in household (56), and 2 people in household (43).

1 person in household	56
2 people in household	43
3 people in household	27
4 people in household	11
5 people in household	3
7 people in household	2
6 people in household	1
8 or more people in household	1
0 people in household	0