Housing Market Analysis for B23 5PZ

Are you looking to understand B23 5PZ 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 B23 5PZ area, explore the B23 5PZ Area information page.
For comprehensive crime statistics in the B23 5PZ area, explore the B23 5PZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B23 5PZ postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average B23 5PZ 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.

    All the Sales in the B23 5PZ

    See the table below for more details on the sold house prices in the B23 5PZ, Birmingham postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the B23 5PZ postcode. Properties currently for saleProperties currently for rent

    B23 5PZ Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the B23 5PZ 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 B23 5PZ postcode.

    • Terraced
      • The average price is around £110,257 median price is £110,000 Standard Deviation is £54,084 with Total Sold: 1,770
      • The Last 5 Year average price is £189,090 with Total Sold: 222
      • The most recent sale happened at this postcode is , 96 SOMERTON DRIVE: £250,000 (Sold on 13 Sep 2024)
      • The first recorded sale happened at this postcode is , 45 SOMERSET ROAD: £41,500 (Sold on 16 Jan 1995)
    • Semi-Detached
      • The average price is around £127,434 median price is £124,599 Standard Deviation is £65,819 with Total Sold: 1,281
      • The Last 5 Year average price is £216,486 with Total Sold: 187
      • The most recent sale happened at this postcode is , 7 DEAN ROAD: £225,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 228 COURT LANE: £63,000 (Sold on 05 Jan 1995)
    • Detached
      • The average price is around £195,577 median price is £194,500 Standard Deviation is £94,276 with Total Sold: 145
      • The Last 5 Year average price is £322,389 with Total Sold: 18
      • The most recent sale happened at this postcode is , 6 KIRKWOOD AVENUE: £375,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 626 CHESTER ROAD: £80,000 (Sold on 17 Mar 1995)
    • Flat
      • The average price is around £73,147 median price is £70,000 Standard Deviation is £32,997 with Total Sold: 709
      • The Last 5 Year average price is £103,779 with Total Sold: 83
      • The most recent sale happened at this postcode is FLAT 6, REDWOOD COURT, 567 CHESTER ROAD: £150,000 (Sold on 25 Jul 2024)
      • The first recorded sale happened at this postcode is , 110 SOMERTON DRIVE: £36,000 (Sold on 09 Feb 1995)
    • Other
      • The average price is around £287,351 median price is £178,000 Standard Deviation is £289,331 with Total Sold: 17
      • The Last 5 Year average price is £309,318 with Total Sold: 9
      • The most recent sale happened at this postcode is GARAGE 3, 293 GRAVELLY LANE: £168,000 (Sold on 26 Jan 2024)
      • The first recorded sale happened at this postcode is , 179A GRAVELLY LANE: £290,000 (Sold on 15 May 2015)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£196,800 £1,931 14
    2023£212,324 £2,632 41
    2022£203,106 £2,436 47
    2021£187,324 £2,344 69
    2020£157,766 £2,094 51
    2019£152,742 £1,993 42
    2018£156,957 £1,888 54
    2017£154,528 £1,866 77
    2016£134,125 £1,766 65
    2015£127,350 £1,652 69
    2014£121,355 £1,501 75
    2013£112,113 £1,511 45
    2012£107,000 £1,296 40
    2011£103,110 £1,271 35
    2010£114,973 £1,475 40
    2009£110,008 £1,411 30
    2008£130,720 £1,482 40
    2007£121,236 £1,547 83
    2006£123,992 £1,530 81
    2005£116,798 £1,439 72
    2004£112,429 £1,478 79
    2003£93,920 £1,189 73
    2002£75,401 £936 79
    2001£61,970 £762 79
    2000£56,331 £763 72
    1999£47,073 £610 66
    1998£47,239 £604 71
    1997£46,144 £606 78
    1996£42,519 £572 64
    1995£45,531 £506 39
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£224,062 £2,728 16
    2023£231,163 £2,594 37
    2022£242,286 £2,555 29
    2021£208,811 £2,374 61
    2020£195,025 £2,055 44
    2019£190,208 £1,957 30
    2018£188,612 £2,105 56
    2017£181,237 £2,078 64
    2016£160,083 £1,798 42
    2015£153,842 £1,723 36
    2014£141,917 £1,455 24
    2013£138,555 £1,657 37
    2012£127,280 £1,261 28
    2011£117,842 £1,323 19
    2010£138,034 £1,485 19
    2009£129,174 £1,504 17
    2008£138,886 £1,509 26
    2007£143,463 £1,638 56
    2006£130,849 £1,635 40
    2005£127,625 £1,435 50
    2004£121,883 £1,442 62
    2003£106,208 £1,098 60
    2002£85,232 £889 63
    2001£71,884 £736 67
    2000£64,262 £687 58
    1999£54,199 £618 55
    1998£57,848 £563 52
    1997£50,299 £610 49
    1996£46,614 £600 58
    1995£46,798 £526 26
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£326,5002
    2023£245,000 £3,500 1
    2022£358,667 £3,313 9
    2021£268,250 £3,058 4
    2020£302,000 £2,898 2
    2019£253,800 £2,832 5
    2018£235,000 £2,679 3
    2017£296,714 £2,319 7
    2016£228,400 £1,845 5
    2015£355,000 £2,689 1
    2014£233,900 £1,816 5
    2013£217,511 £2,049 23
    2012£235,000 £1,917 1
    2011£102,250 £1,539 2
    2010£181,250 £2,007 4
    2008£222,5001
    2007£242,500 £1,483 2
    2006£191,790 £1,626 5
    2005£221,500 £1,680 4
    2004£219,750 £1,491 6
    2003£168,738 £1,557 4
    2002£152,828 £1,357 9
    2001£116,158 £1,106 6
    2000£103,000 £300 2
    1999£86,750 £904 4
    1998£103,799 £976 5
    1997£95,168 £965 13
    1996£63,099 £877 5
    1995£85,600 £666 5
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£110,650 £1,492 8
    2023£113,100 £2,011 15
    2022£109,768 £2,086 24
    2021£94,875 £1,845 24
    2020£93,375 £1,856 12
    2019£97,522 £2,088 20
    2018£97,183 £1,710 15
    2017£86,593 £1,683 27
    2016£84,041 £1,591 37
    2015£75,553 £1,516 18
    2014£68,036 £1,232 14
    2013£64,607 £1,287 7
    2012£67,000 £1,388 13
    2011£74,700 £1,278 10
    2010£57,783 £1,036 6
    2009£74,950 £1,405 12
    2008£86,338 £1,643 12
    2007£102,749 £2,063 40
    2006£99,764 £2,030 46
    2005£98,209 £2,007 18
    2004£103,546 £1,854 50
    2003£65,427 £1,434 39
    2002£51,069 £1,202 40
    2001£43,821 £918 35
    2000£38,476 £821 36
    1999£36,690 £781 41
    1998£36,052 £797 26
    1997£34,211 £724 26
    1996£32,470 £733 24
    1995£32,782 £651 14
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£168,0001
    2023£113,500 £2,438 4
    2022£337,287 £90 3
    2021£1,150,000 £16,429 1
    2019£360,303 £4,454 3
    2018£63,000 £1,114 1
    2017£222,400 £2,010 3
    2015£290,000 £4,143 1

    House Type in B23 5PZ area

    The most common house types in the B23 5PZ postcode area are Flat (122), Terraced (13), and Detached (4).

    Total141
    Flat122
    Terraced13
    Detached4
    Semi-detached2
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (114), and Owned: Owns outright (12).

    Social rented: Rents from council or Local Authority114
    Owned: Owns outright12
    Owned: Owns with a mortgage or loan8
    Private rented: Private landlord or letting agency4
    Private rented: Other private rented4
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Other social rented0

    Number of People in a Household

    The most houses in the B23 5PZ have 1 person in household (47), and 2 people in household (30).

    1 person in household47
    2 people in household30
    3 people in household26
    5 people in household14
    4 people in household12
    6 people in household9
    7 people in household3
    8 or more people in household2
    0 people in household0