Housing Market Analysis for PARK LANE, B21 8LE

Are you looking to understand B21 8LE 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 Sandwell postcode.

For the location information and nearby amenities in the B21 8LE area, explore the B21 8LE Area information page.
For comprehensive crime statistics in the B21 8LE area, explore the B21 8LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B21 8LE postcode area, The average prices are as follows,

  • Other
    • The average price is around £601,825 median price is £301,150 Standard Deviation is £559,629 with Total Sold: 4
    • The Last 5 Year average price is £935,000 with Total Sold: 2
    • The most recent sale happened at this postcode is HUB 21, PARK LANE INDUSTRIAL ESTATE PARK LANE: £300,000 (Sold on 05 May 2021)
    • The first recorded sale happened at this postcode is UNIT P PARK LANE: £302,300 (Sold on 28 Sep 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average B21 8LE 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£300,0001
2020£1,570,0001
2019£235,0001
2016£302,3001

All the Sales in the PARK LANE, B21 8LE

See the table below for more details on the sold house prices in the B21 8LE, Sandwell postcode.

AddressSold DatePrice% Change
HUB 21, PARK LANE INDUSTRIAL ESTATE PARK LANEOther, Freehold05 May 2021£300,000First Sale
G 4 S PARK LANEOther, Freehold31 Jul 2020£1,570,000First Sale
UNIT P PARK LANEOther, Freehold04 Oct 2019£235,000-22.26%
28 Sep 2016£302,300First Sale

Check out the sold house prices near the B21 8LE postcode. Properties currently for saleProperties currently for rent

PARK LANE, B21 8LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B21 8LE 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 B21 8LE postcode.

  • Terraced
    • The average price is around £76,478 median price is £77,492 Standard Deviation is £44,394 with Total Sold: 158
    • The Last 5 Year average price is £143,911 with Total Sold: 14
    • The most recent sale happened at this postcode is , 20 ST STEPHENS ROAD: £175,000 (Sold on 07 Feb 2024)
    • The first recorded sale happened at this postcode is , 12 PADDINGTON ROAD: £27,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £95,516 median price is £95,000 Standard Deviation is £46,308 with Total Sold: 139
    • The Last 5 Year average price is £174,500 with Total Sold: 12
    • The most recent sale happened at this postcode is , 18 FELL GROVE: £195,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , 163 HALFORDS LANE: £24,700 (Sold on 26 Jul 1995)
  • Other
    • The average price is around £689,193 median price is £324,500 Standard Deviation is £529,853 with Total Sold: 14
    • The Last 5 Year average price is £710,350 with Total Sold: 4
    • The most recent sale happened at this postcode is HUB 21, PARK LANE INDUSTRIAL ESTATE PARK LANE: £300,000 (Sold on 05 May 2021)
    • The first recorded sale happened at this postcode is , 144 HOLYHEAD ROAD: £1,150,000 (Sold on 25 Sep 2014)
  • Detached
    • The average price is around £182,827 median price is £208,000 Standard Deviation is £73,833 with Total Sold: 3
    • The Last 5 Year average price is £258,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 15 FELL GROVE: £258,000 (Sold on 06 Oct 2020)
    • The first recorded sale happened at this postcode is , 106 RALEIGH CLOSE: £82,482 (Sold on 22 Jan 1999)
  • Flat
    • The average price is around £90,167 median price is £96,000 Standard Deviation is £40,118 with Total Sold: 6
    • The most recent sale happened at this postcode is , 5 WILLOW DRIVE: £130,000 (Sold on 03 Feb 2017)
    • The first recorded sale happened at this postcode is , 5 WILLOW DRIVE: £42,000 (Sold on 25 Apr 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£182,500 £2,654 2
2023£158,000 £2,194 1
2022£153,333 £2,138 3
2021£139,000 £1,988 5
2020£112,250 £1,743 3
2019£117,273 £1,592 11
2018£92,800 £1,107 5
2017£111,000 £1,564 3
2016£124,357 £1,454 7
2015£101,750 £1,369 4
2014£98,250 £1,299 4
2013£97,500 £1,465 2
2012£71,000 £978 2
2011£81,500 £1,083 2
2010£84,850 £1,157 3
2009£86,000 £1,156 3
2008£98,501 £1,235 6
2007£100,994 £1,227 8
2006£107,862 £1,315 4
2005£75,429 £1,038 7
2004£74,438 £1,004 8
2003£62,555 £785 9
2002£42,380 £488 5
2001£31,264 £409 11
2000£25,182 £302 11
1999£34,897 £573 5
1998£29,639 £430 6
1997£26,753 £230 7
1996£32,750 £504 2
1995£38,219 £487 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2023£165,000 £1,907 2
2022£173,333 £1,762 3
2021£183,167 £2,208 3
2020£166,500 £1,965 3
2019£141,400 £1,917 5
2018£150,000 £2,429 2
2017£140,200 £1,820 5
2016£142,625 £2,056 4
2015£129,800 £1,646 5
2014£102,000 £1,291 1
2013£108,750 £1,437 4
2012£100,800 £1,272 5
2011£96,833 £1,207 3
2010£122,750 £1,380 4
2009£81,250 £1,004 2
2008£112,500 £1,782 2
2007£108,083 £1,424 6
2006£120,781 £1,531 8
2005£121,750 £1,615 4
2004£110,650 £1,414 3
2003£85,857 £1,002 7
2002£65,075 £807 10
2001£65,269 £785 8
2000£43,600 £406 5
1999£54,840 £703 7
1998£44,792 £532 6
1997£39,075 £538 6
1996£44,300 £612 5
1995£51,101 £911 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£463,7002
2020£957,0002
2019£580,0003
2018£551,6673
2017£1,660,0001
2016£302,3001
2014£725,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£258,000 £2,411 1
2017£208,000 £1,944 1
1999£82,482 £1,195 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£130,000 £1,884 1
2004£128,500 £1,836 2
2002£70,000 £1,000 1
1998£42,0001
1997£42,000 £600 1

House Type in B21 8LE area

The most common house types in the B21 8LE postcode area are Flat (105), Shared house (9), and Detached (5).

Total130
Flat105
Shared house9
Detached5
Semi-detached5
Terraced3
converted building3
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (99), and Private rented: Private landlord or letting agency (13).

Social rented: Other social rented99
Private rented: Private landlord or letting agency13
Social rented: Rents from council or Local Authority9
Owned: Owns outright6
Private rented: Other private rented1
Lives rent free1
Does not apply0
Owned: Owns with a mortgage or loan0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B21 8LE have 1 person in household (103), and 2 people in household (16).

1 person in household103
2 people in household16
3 people in household5
4 people in household4
6 people in household2
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0