Housing Market Analysis for GRAVELLY LANE, B23 5SF

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

Overview of Sold House prices

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

Flat
- The average price is around £86,444 median price is £83,000 Standard Deviation is £19,282 with Total Sold: 9
- The Last 5 Year average price is £115,000 with Total Sold: 1
- The most recent sale happened at this postcode is 231 GRAVELLY LANE: £115,000 (Sold on 28 Jan 2021)
- The first recorded sale happened at this postcode is 229 GRAVELLY LANE: £60,000 (Sold on 31 Jan 2003)
Terraced
- The average price is around £107,150 median price is £116,000 Standard Deviation is £36,833 with Total Sold: 6
- The most recent sale happened at this postcode is 243 GRAVELLY LANE: £164,000 (Sold on 07 Dec 2018)
- The first recorded sale happened at this postcode is 247 GRAVELLY LANE: £107,000 (Sold on 17 May 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average B23 5SF 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£115,000	£1,949	1
2019	£107,500	£1,889	2
2016	£66,000	£1,138	1
2014	£91,000	£1,542	1
2008	£80,000		1
2006	£83,000	£1,407	1
2003	£64,000	£1,172	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£164,000	£2,216	1
2012	£60,000	£811	1
2008	£61,900	£836	1
2007	£125,000		2
2004	£107,000	£1,427	1

All the Sales in the GRAVELLY LANE, B23 5SF

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

Address	Sold Date	Price	% Change
231 GRAVELLY LANEFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-1966	28 Jan 2021	£115,000	26.37%
	10 Jul 2014	£91,000	9.64%
	01 Sep 2006	£83,000	First Sale
227 GRAVELLY LANEFlat, LeaseholdArea: 58 Sq.mtrAge: 1976-1982	09 Aug 2019	£100,000	47.06%
	21 Feb 2003	£68,000	First Sale
225 GRAVELLY LANEFlat, LeaseholdArea: 56 Sq.mtrAge: 1976-1982	03 May 2019	£115,000	First Sale
243 GRAVELLY LANETerraced, FreeholdArea: 74 Sq.mtrAge: 1983-1990	07 Dec 2018	£164,000	173.33%
	27 Sep 2012	£60,000	-3.07%
	16 Jun 2008	£61,900	First Sale
235 GRAVELLY LANEFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	31 Mar 2016	£66,000	First Sale
229 GRAVELLY LANEFlat, Leasehold	22 May 2008	£80,000	33.33%
229 GRAVELLY LANEFlat, Leasehold	31 Jan 2003	£60,000	First Sale
245 GRAVELLY LANETerraced, Freehold	22 May 2007	£125,000	0.0
245 GRAVELLY LANETerraced, Freehold	02 May 2007	£125,000	First Sale
247 GRAVELLY LANETerraced, FreeholdArea: 75 Sq.mtrAge: 1991-1995	17 May 2004	£107,000	First Sale

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

GRAVELLY LANE, B23 5SF Near By properties

Interactive Map

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

Terraced
- The average price is around £107,653 median price is £107,000 Standard Deviation is £55,136 with Total Sold: 1,739
- The Last 5 Year average price is £188,348 with Total Sold: 206
- 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)
Flat
- The average price is around £74,298 median price is £73,975 Standard Deviation is £31,326 with Total Sold: 572
- The Last 5 Year average price is £102,612 with Total Sold: 74
- The most recent sale happened at this postcode is FLAT 6, HOLLY COURT, 59 SUTTON ROAD: £100,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 110 SOMERTON DRIVE: £36,000 (Sold on 09 Feb 1995)
Semi-Detached
- The average price is around £142,420 median price is £144,000 Standard Deviation is £69,103 with Total Sold: 979
- The Last 5 Year average price is £215,484 with Total Sold: 158
- 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 , 27 GOOSEMOOR LANE: £43,500 (Sold on 28 Feb 1995)
Detached
- The average price is around £208,469 median price is £210,000 Standard Deviation is £96,903 with Total Sold: 153
- The Last 5 Year average price is £329,696 with Total Sold: 23
- 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)
Other
- The average price is around £211,237 median price is £168,000 Standard Deviation is £172,609 with Total Sold: 21
- The Last 5 Year average price is £228,386 with Total Sold: 10
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£211,075	£1,931	16
2023	£197,884	£2,516	36
2022	£201,356	£2,392	45
2021	£191,787	£2,334	61
2020	£157,056	£2,002	48
2019	£158,390	£1,966	44
2018	£158,020	£1,949	49
2017	£148,699	£1,842	78
2016	£137,202	£1,792	60
2015	£131,009	£1,647	56
2014	£125,762	£1,527	64
2013	£109,468	£1,486	42
2012	£107,233	£1,333	36
2011	£107,541	£1,257	41
2010	£113,961	£1,535	40
2009	£113,871	£1,376	29
2008	£126,468	£1,435	38
2007	£126,704	£1,481	80
2006	£121,134	£1,541	77
2005	£111,456	£1,437	78
2004	£110,340	£1,435	78
2003	£89,549	£1,148	70
2002	£69,673	£899	97
2001	£57,802	£717	93
2000	£53,762	£718	70
1999	£47,952	£613	63
1998	£46,828	£615	71
1997	£45,904	£595	76
1996	£41,264	£538	64
1995	£39,531	£480	39

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£108,033	£1,492	6
2023	£105,250	£1,839	14
2022	£104,746	£1,856	20
2021	£99,409	£1,776	22
2020	£99,142	£1,773	12
2019	£96,254	£1,915	19
2018	£94,153	£1,631	18
2017	£87,684	£1,517	19
2016	£94,811	£1,608	40
2015	£71,997	£1,354	17
2014	£60,597	£1,043	15
2013	£68,906	£1,250	8
2012	£70,136	£1,256	11
2011	£73,850	£1,271	10
2010	£70,405	£1,081	9
2009	£68,268	£1,182	11
2008	£84,106	£1,582	10
2007	£101,447	£1,859	43
2006	£100,763	£1,834	34
2005	£91,743	£1,830	12
2004	£81,057	£1,492	21
2003	£70,066	£1,269	30
2002	£56,087	£993	22
2001	£44,790	£783	30
2000	£39,021	£667	28
1999	£37,655	£661	28
1998	£33,966	£625	16
1997	£33,279	£617	17
1996	£31,239	£585	16
1995	£34,050	£601	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,000	£2,432	10
2023	£217,344	£2,380	29
2022	£235,482	£2,509	24
2021	£212,153	£2,432	57
2020	£203,402	£2,091	38
2019	£199,614	£2,139	33
2018	£204,799	£2,189	61
2017	£188,252	£2,138	66
2016	£174,592	£1,865	43
2015	£169,982	£1,890	70
2014	£151,322	£1,497	20
2013	£146,287	£1,716	28
2012	£123,747	£1,295	16
2011	£124,333	£1,317	9
2010	£138,770	£1,409	10
2009	£122,182	£1,400	11
2008	£155,203	£1,470	17
2007	£143,409	£1,598	34
2006	£132,173	£1,654	26
2005	£134,976	£1,390	25
2004	£136,874	£1,505	37
2003	£109,449	£1,126	42
2002	£85,796	£876	43
2001	£75,816	£784	45
2000	£68,039	£674	41
1999	£55,848	£584	31
1998	£57,125	£617	34
1997	£54,603	£591	33
1996	£48,897	£574	32
1995	£43,000	£504	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£376,000		3
2023	£290,000	£3,273	2
2022	£369,222	£3,316	9
2021	£278,286	£2,840	7
2020	£302,000	£2,898	2
2019	£252,600	£2,864	5
2018	£253,000	£2,366	5
2017	£296,714	£2,319	7
2016	£230,285	£1,905	7
2015	£242,999	£2,047	5
2014	£243,750	£1,858	4
2013	£226,943	£2,091	22
2012	£235,000	£1,917	1
2010	£188,333	£1,913	3
2009	£425,000		1
2008	£222,500		1
2007	£215,000	£1,483	3
2006	£247,500	£1,531	4
2005	£199,000	£2,107	4
2004	£216,700	£1,670	5
2003	£172,790	£1,557	5
2002	£156,383	£1,291	9
2001	£123,988	£765	4
2000	£106,500	£300	3
1999	£91,833	£1,263	3
1998	£103,799	£976	5
1997	£92,676	£965	15
1996	£62,874	£909	4
1995	£85,600	£666	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,000		1
2023	£140,000	£2,438	3
2022	£337,287	£90	3
2021	£275,000		2
2020	£134,000		1
2019	£360,303	£4,454	3
2018	£139,333	£1,114	3
2017	£106,100	£2,010	2
2016	£75,500	£8	2
2015	£290,000	£4,143	1

House Type in B23 5SF area

The most common house types in the B23 5SF postcode area are Terraced (57), Semi-detached (38), and Flat (18).

Total	135
Terraced	57
Semi-detached	38
Flat	18
commercial building	12
Shared house	9
temporary structure	1
Detached	0
converted building	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (51), and Owned: Owns outright (36).

Private rented: Private landlord or letting agency	51
Owned: Owns outright	36
Owned: Owns with a mortgage or loan	34
Social rented: Other social rented	7
Private rented: Other private rented	6
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the B23 5SF have 1 person in household (46), and 2 people in household (45).

1 person in household	46
2 people in household	45
3 people in household	21
4 people in household	17
6 people in household	3
5 people in household	2
7 people in household	1
8 or more people in household	1
0 people in household	0