Housing Market Analysis for B23 5RT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B23 5RT 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 5RT

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

    AddressSold DatePrice% Change

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

    B23 5RT Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £103,927 median price is £105,000 Standard Deviation is £50,963 with Total Sold: 1,992
      • The Last 5 Year average price is £174,375 with Total Sold: 280
      • 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 £124,818 median price is £123,000 Standard Deviation is £62,753 with Total Sold: 1,184
      • The Last 5 Year average price is £200,445 with Total Sold: 210
      • 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 £196,056 median price is £198,250 Standard Deviation is £91,239 with Total Sold: 124
      • The Last 5 Year average price is £293,958 with Total Sold: 24
      • 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 , 17 GOOSEMOOR LANE: £84,000 (Sold on 26 May 1995)
    • Flat
      • The average price is around £77,028 median price is £78,622 Standard Deviation is £31,766 with Total Sold: 492
      • The Last 5 Year average price is £104,964 with Total Sold: 81
      • The most recent sale happened at this postcode is , 54 ENFIELD CLOSE: £87,000 (Sold on 24 Jun 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 £259,821 median price is £185,000 Standard Deviation is £250,067 with Total Sold: 23
      • The Last 5 Year average price is £297,318 with Total Sold: 15
      • 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£189,326 £3,258 19
    2023£199,460 £2,465 42
    2022£188,979 £2,350 48
    2021£182,086 £2,280 67
    2020£150,784 £1,970 53
    2019£148,788 £1,922 51
    2018£147,311 £1,858 60
    2017£149,171 £1,837 82
    2016£130,988 £1,712 75
    2015£124,073 £1,522 67
    2014£116,664 £1,435 69
    2013£110,273 £1,495 49
    2012£102,933 £1,302 38
    2011£101,259 £1,199 45
    2010£107,078 £1,449 44
    2009£106,831 £1,310 31
    2008£122,700 £1,461 39
    2007£123,090 £1,495 96
    2006£117,847 £1,528 96
    2005£111,557 £1,438 94
    2004£104,303 £1,359 97
    2003£86,255 £1,071 87
    2002£70,183 £907 108
    2001£56,160 £725 100
    2000£52,653 £706 85
    1999£45,417 £595 70
    1998£45,230 £609 82
    1997£43,753 £578 87
    1996£40,662 £543 67
    1995£43,926 £471 44
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£215,000 £2,679 13
    2023£218,543 £2,415 34
    2022£220,289 £2,498 27
    2021£200,926 £2,310 62
    2020£188,624 £2,012 41
    2019£173,614 £1,885 33
    2018£182,522 £2,053 56
    2017£179,672 £2,095 62
    2016£165,939 £1,782 42
    2015£145,640 £1,665 45
    2014£133,585 £1,341 23
    2013£130,938 £1,539 35
    2012£120,790 £1,268 24
    2011£111,647 £1,252 17
    2010£126,794 £1,404 16
    2009£132,094 £1,388 16
    2008£130,188 £1,432 23
    2007£136,813 £1,597 49
    2006£131,255 £1,631 41
    2005£128,188 £1,360 36
    2004£118,154 £1,380 60
    2003£100,748 £1,043 53
    2002£82,475 £858 57
    2001£65,537 £696 57
    2000£62,765 £636 52
    1999£52,914 £576 52
    1998£53,417 £561 47
    1997£49,242 £598 42
    1996£45,192 £576 47
    1995£42,459 £490 22
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£326,5002
    2023£245,000 £3,500 1
    2022£317,125 £3,135 8
    2021£276,333 £2,874 6
    2020£321,333 £2,588 3
    2019£249,500 £2,966 4
    2018£213,100 £2,373 5
    2017£288,333 £2,339 6
    2016£231,500 £2,096 4
    2015£239,995 £1,804 1
    2014£235,000 £1,872 3
    2013£220,580 £2,084 22
    2011£122,000 £1,905 1
    2010£177,500 £1,696 2
    2008£222,5001
    2007£172,5002
    2006£252,790 £1,832 5
    2005£168,667 £2,107 3
    2004£192,333 £1,748 3
    2003£124,238 £1,414 4
    2002£132,988 £1,297 4
    2001£121,390 £1,171 5
    2000£90,000 £509 2
    1999£64,083 £798 3
    1998£95,749 £976 4
    1997£95,168 £965 13
    1996£62,874 £909 4
    1995£155,1673
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£109,640 £1,492 5
    2023£110,333 £1,927 15
    2022£107,071 £1,960 20
    2021£100,765 £1,848 17
    2020£99,227 £1,763 11
    2019£104,073 £1,965 13
    2018£98,568 £1,798 11
    2017£86,735 £1,532 17
    2016£82,058 £1,487 26
    2015£73,585 £1,387 17
    2014£73,994 £1,285 8
    2013£64,464 £1,310 7
    2012£67,938 £1,184 8
    2011£74,500 £1,260 7
    2010£72,442 £1,132 6
    2009£81,750 £1,562 4
    2008£107,695 £2,181 13
    2007£116,785 £2,355 43
    2006£102,000 £1,844 30
    2005£91,285 £1,789 12
    2004£83,104 £1,497 23
    2003£70,477 £1,254 29
    2002£56,193 £994 21
    2001£44,183 £796 29
    2000£38,872 £660 27
    1999£37,539 £645 23
    1998£34,329 £606 12
    1997£33,402 £641 18
    1996£31,357 £569 10
    1995£34,920 £601 10
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£168,0001
    2023£161,250 £2,438 4
    2022£364,431 £90 2
    2021£425,750 £8,239 4
    2020£134,0001
    2019£360,303 £4,454 3
    2018£177,5002
    2017£132,400 £2,056 3
    2016£236,952 £2,531 2
    2015£290,000 £4,143 1

    House Type in B23 5RT area

    The most common house types in the B23 5RT postcode area are Flat (124), Semi-detached (45), and Terraced (10).

    Total182
    Flat124
    Semi-detached45
    Terraced10
    Detached2
    temporary structure1
    Shared house0
    converted building0
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (136), and Owned: Owns with a mortgage or loan (27).

    Social rented: Rents from council or Local Authority136
    Owned: Owns with a mortgage or loan27
    Owned: Owns outright8
    Private rented: Private landlord or letting agency5
    Social rented: Other social rented3
    Lives rent free2
    Does not apply0
    Shared ownership: Shared ownership0
    Private rented: Other private rented0

    Number of People in a Household

    The most houses in the B23 5RT have 2 people in household (63), and 3 people in household (44).

    2 people in household63
    3 people in household44
    1 person in household29
    4 people in household25
    5 people in household12
    7 people in household5
    6 people in household3
    0 people in household0
    8 or more people in household0