Housing Market Analysis for MELTON DRIVE, B15 2ND

Are you looking to understand B15 2ND 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 2ND area, explore the B15 2ND Area information page.
For comprehensive crime statistics in the B15 2ND area, explore the B15 2ND Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £91,000 median price is £91,000 Standard Deviation is £39,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 38 MELTON DRIVE: £130,000 (Sold on 30 Sep 2005)
    • The first recorded sale happened at this postcode is 46 MELTON DRIVE: £52,000 (Sold on 19 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B15 2ND 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£130,000 £1,429 1
1997£52,0001

All the Sales in the MELTON DRIVE, B15 2ND

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

AddressSold DatePrice% Change
38 MELTON DRIVETerraced, LeaseholdArea: 91 Sq.mtrAge: 1967-197530 Sep 2005£130,000First Sale
46 MELTON DRIVETerraced, Leasehold19 Aug 1997£52,000First Sale

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

MELTON DRIVE, B15 2ND Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B15 2ND 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 2ND postcode.

  • Flat
    • The average price is around £156,267 median price is £134,950 Standard Deviation is £91,082 with Total Sold: 622
    • The Last 5 Year average price is £187,952 with Total Sold: 82
    • 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 FLAT 56, MICHAEL COURT, 115 BRISTOL ROAD: £48,950 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £372,485 median price is £286,500 Standard Deviation is £286,055 with Total Sold: 242
    • The Last 5 Year average price is £683,694 with Total Sold: 36
    • The most recent sale happened at this postcode is , 39 FREDERICK ROAD: £1,540,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 13 ARTHUR ROAD: £405,000 (Sold on 21 Apr 1995)
  • Detached
    • The average price is around £542,668 median price is £427,500 Standard Deviation is £457,413 with Total Sold: 444
    • The Last 5 Year average price is £1,041,315 with Total Sold: 50
    • 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)
  • Terraced
    • The average price is around £219,446 median price is £197,250 Standard Deviation is £134,368 with Total Sold: 296
    • The Last 5 Year average price is £355,090 with Total Sold: 35
    • The most recent sale happened at this postcode is , 6 SUMMER ROAD: £365,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , 38 CHARLOTTE ROAD: £50,000 (Sold on 21 Mar 1995)
  • Other
    • The average price is around £1,113,718 median price is £383,750 Standard Deviation is £2,438,215 with Total Sold: 16
    • The Last 5 Year average price is £1,569,164 with Total Sold: 9
    • The most recent sale happened at this postcode is , 117 GOUGH ROAD: £1,222,000 (Sold on 16 Jun 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,000 £2,500 2
2023£182,409 £2,340 17
2022£192,632 £2,266 20
2021£181,841 £2,699 13
2020£177,950 £2,444 10
2019£193,250 £3,099 20
2018£201,562 £2,510 20
2017£205,032 £2,764 23
2016£170,629 £2,442 19
2015£170,367 £2,311 38
2014£156,406 £2,196 36
2013£155,234 £2,104 37
2012£157,800 £1,974 10
2011£192,000 £2,184 10
2010£145,912 £1,958 16
2009£195,950 £2,378 11
2008£155,900 £1,615 10
2007£150,317 £1,706 18
2006£154,381 £2,109 29
2005£178,026 £2,381 39
2004£206,070 £2,380 36
2003£174,435 £2,187 24
2002£210,945 £2,090 40
2001£95,515 £1,613 26
2000£55,943 £962 14
1999£66,589 £915 22
1998£56,838 £736 13
1997£62,471 £775 17
1996£56,157 £794 14
1995£50,800 £726 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£778,667 £3,140 3
2023£873,286 £3,868 7
2022£557,250 £4,110 4
2021£734,583 £3,668 12
2019£512,000 £3,635 10
2018£674,194 £3,641 4
2017£527,133 £2,490 4
2016£469,375 £2,977 11
2015£351,636 £3,457 4
2014£508,040 £3,328 10
2013£452,500 £2,773 5
2012£460,250 £2,707 4
2011£361,441 £2,338 11
2010£316,455 £2,321 22
2009£243,790 £2,520 5
2008£370,500 £2,223 10
2007£471,423 £2,347 13
2006£444,333 £2,763 3
2005£431,000 £2,328 5
2004£421,500 £2,059 5
2003£275,656 £1,674 8
2002£228,625 £1,307 12
2001£176,692 £1,100 20
2000£205,429 £1,549 7
1999£157,750 £1,104 10
1998£178,750 £801 10
1997£161,312 £622 8
1996£102,400 £675 5
1995£229,554 £774 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,197,5002
2023£754,250 £4,348 2
2022£1,341,857 £5,747 7
2021£1,116,469 £4,506 16
2020£805,811 £4,571 9
2019£975,246 £4,186 14
2018£553,283 £3,960 15
2017£717,299 £3,993 16
2016£619,859 £4,039 12
2015£719,531 £3,701 16
2014£784,000 £3,522 15
2013£626,814 £3,124 11
2012£751,778 £3,024 9
2011£678,750 £3,061 14
2010£696,298 £2,868 21
2009£539,250 £2,320 10
2008£785,875 £2,938 8
2007£740,528 £2,396 18
2006£618,060 £3,143 24
2005£362,692 £2,546 13
2004£535,929 £2,365 14
2003£432,844 £2,231 16
2002£391,523 £1,642 22
2001£256,451 £1,387 28
2000£343,760 £1,556 21
1999£197,447 £1,257 19
1998£254,810 £1,149 21
1997£208,344 £1,685 16
1996£145,783 £913 15
1995£199,225 £1,232 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£416,990 £3,441 5
2022£404,091 £3,035 11
2021£374,000 £3,467 6
2020£309,400 £2,948 5
2019£263,402 £2,746 8
2018£257,675 £2,987 8
2017£342,389 £2,871 9
2016£346,267 £2,898 15
2015£282,020 £2,842 10
2014£240,062 £2,691 8
2013£292,000 £2,272 7
2012£218,322 £2,648 9
2011£232,726 £2,632 19
2010£195,248 £2,713 27
2009£240,800 £2,171 8
2008£256,952 £2,286 4
2007£229,806 £1,897 9
2006£205,570 £2,019 10
2005£258,500 £2,291 10
2004£248,222 £2,295 9
2003£210,556 £1,552 8
2002£159,538 £1,257 13
2001£134,136 £1,039 11
2000£108,000 £757 9
1999£109,987 £796 8
1998£96,708 £947 6
1997£104,429 £863 19
1996£82,886 £845 14
1995£94,536 £708 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£537,150 £1,750 3
2022£404,510 £70 3
2021£3,765,833 £3,840 3
2018£283,000 £2,188 4
2017£1,180,000 £3,398 2
2016£205,000 £1,708 1

House Type in B15 2ND area

The most common house types in the B15 2ND postcode area are Flat (58), Terraced (39), and Semi-detached (11).

Total116
Flat58
Terraced39
Semi-detached11
Detached4
commercial building3
converted building1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (86), and Private rented: Private landlord or letting agency (11).

Social rented: Other social rented86
Private rented: Private landlord or letting agency11
Owned: Owns outright7
Owned: Owns with a mortgage or loan6
Social rented: Rents from council or Local Authority6
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B15 2ND have 2 people in household (35), and 1 person in household (25).

2 people in household35
1 person in household25
3 people in household23
4 people in household18
5 people in household8
8 or more people in household2
7 people in household1
0 people in household0
6 people in household0