Housing Market Analysis for ELDER WAY, B23 7LZ

Are you looking to understand B23 7LZ 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 7LZ area, explore the B23 7LZ Area information page.
For comprehensive crime statistics in the B23 7LZ area, explore the B23 7LZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B23 7LZ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £103,912 median price is £111,750 Standard Deviation is £49,559 with Total Sold: 8
- The Last 5 Year average price is £191,000 with Total Sold: 1
- The most recent sale happened at this postcode is 12 ELDER WAY: £191,000 (Sold on 23 Nov 2022)
- The first recorded sale happened at this postcode is 6 ELDER WAY: £47,000 (Sold on 24 Apr 1995)
Terraced
- The average price is around £79,240 median price is £61,950 Standard Deviation is £38,783 with Total Sold: 5
- The most recent sale happened at this postcode is 10 ELDER WAY: £139,000 (Sold on 28 Jul 2006)
- The first recorded sale happened at this postcode is 15 ELDER WAY: £46,000 (Sold on 21 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B23 7LZ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£191,000	£2,195	1
2015	£132,500	£1,616	1
2008	£138,500	£1,458	1
2007	£131,000	£1,573	1
2002	£92,500	£1,171	1
1997	£51,000	£645	1
1996	£47,800		1
1995	£47,000	£553	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£139,000	£1,675	1
2003	£110,000	£1,325	1
2001	£39,250	£473	1
2000	£61,950	£652	1
1996	£46,000	£548	1

All the Sales in the ELDER WAY, B23 7LZ

See the table below for more details on the sold house prices in the B23 7LZ, Birmingham postcode.

Address	Sold Date	Price	% Change
12 ELDER WAYSemi-Detached, LeaseholdArea: 87 Sq.mtrAge: 1967-1975	23 Nov 2022	£191,000	First Sale
15 ELDER WAYSemi-Detached, LeaseholdArea: 82 Sq.mtrAge: 1967-1975	08 Jan 2015	£132,500	188.04%
	21 May 1996	£46,000	First Sale
1 ELDER WAYSemi-Detached, FreeholdArea: 94.98 Sq.mtrAge: 1967-1975	07 Jul 2008	£138,500	123.57%
	24 Nov 2000	£61,950	First Sale
14 ELDER WAYSemi-Detached, FreeholdArea: 83.29 Sq.mtrAge: 1976-1982	26 Jan 2007	£131,000	First Sale
10 ELDER WAYTerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	28 Jul 2006	£139,000	26.36%
	26 Sep 2003	£110,000	180.25%
	09 Nov 2001	£39,250	First Sale
5 ELDER WAYSemi-Detached, FreeholdArea: 79.02 Sq.mtrAge: 1976-1982	02 Dec 2002	£92,500	81.37%
	06 May 1997	£51,000	First Sale
7 ELDER WAYSemi-Detached, Leasehold	16 Dec 1996	£47,800	First Sale
6 ELDER WAYSemi-Detached, LeaseholdArea: 85 Sq.mtrAge: 1967-1975	24 Apr 1995	£47,000	First Sale

Check out the sold house prices near the B23 7LZ postcode. Properties currently for saleProperties currently for rent

ELDER WAY, B23 7LZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B23 7LZ 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 7LZ postcode.

Semi-Detached
- The average price is around £118,204 median price is £115,000 Standard Deviation is £66,643 with Total Sold: 893
- The Last 5 Year average price is £197,948 with Total Sold: 125
- The most recent sale happened at this postcode is , 23 CHARTLEY ROAD: £277,500 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 13 - 15 GRAVELLY HILL NORTH: £55,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £102,049 median price is £98,500 Standard Deviation is £71,265 with Total Sold: 1,858
- The Last 5 Year average price is £177,475 with Total Sold: 273
- The most recent sale happened at this postcode is , 107 SLADE ROAD: £140,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 56 CLARENCE ROAD: £26,000 (Sold on 11 Jan 1995)
Flat
- The average price is around £73,882 median price is £73,000 Standard Deviation is £34,370 with Total Sold: 632
- The Last 5 Year average price is £102,712 with Total Sold: 117
- The most recent sale happened at this postcode is FLAT 35, WENTWORTH COURT KINGSBURY ROAD: £60,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 5 OVAL ROAD: £28,000 (Sold on 28 Feb 1995)
Other
- The average price is around £249,896 median price is £193,596 Standard Deviation is £224,460 with Total Sold: 41
- The Last 5 Year average price is £283,574 with Total Sold: 27
- The most recent sale happened at this postcode is , 114 GRAVELLY HILL: £210,000 (Sold on 20 May 2024)
- The first recorded sale happened at this postcode is GROUND FLOOR AND BASEMENT, 2 ASHLEY ROAD: £7,500 (Sold on 31 Jan 2014)
Detached
- The average price is around £156,112 median price is £148,750 Standard Deviation is £79,763 with Total Sold: 100
- The Last 5 Year average price is £238,441 with Total Sold: 17
- The most recent sale happened at this postcode is , 1A THE DRIVE: £210,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is , 35 KNIGHTS CLOSE: £21,000 (Sold on 21 Jul 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£209,000		8
2023	£215,448	£2,129	23
2022	£212,543	£1,933	23
2021	£200,079	£1,969	33
2020	£185,743	£1,875	15
2019	£166,913	£1,670	23
2018	£171,215	£1,634	29
2017	£159,736	£1,661	22
2016	£146,286	£1,595	42
2015	£140,762	£1,427	21
2014	£119,900	£1,326	15
2013	£139,875	£1,447	14
2012	£139,762	£1,294	20
2011	£141,846	£1,466	14
2010	£142,523	£1,348	15
2009	£116,723	£1,144	13
2008	£175,350	£1,528	10
2007	£147,091	£1,510	33
2006	£138,832	£1,379	31
2005	£152,333	£1,447	48
2004	£127,608	£1,305	53
2003	£112,537	£1,000	47
2002	£94,962	£892	54
2001	£60,263	£665	47
2000	£63,198	£596	52
1999	£55,636	£890	58
1998	£53,095	£518	30
1997	£48,111	£518	47
1996	£47,818	£423	25
1995	£44,323	£387	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,310	£2,240	21
2023	£167,560	£1,824	50
2022	£182,283	£1,940	45
2021	£200,339	£2,027	59
2020	£143,332	£1,711	44
2019	£174,663	£1,646	54
2018	£134,201	£1,499	50
2017	£128,324	£1,405	54
2016	£124,231	£1,402	60
2015	£124,107	£1,335	61
2014	£101,845	£1,099	50
2013	£114,903	£1,336	38
2012	£122,145	£1,362	45
2011	£120,416	£1,222	41
2010	£126,816	£1,393	43
2009	£100,214	£1,081	35
2008	£123,178	£1,308	34
2007	£127,887	£1,349	87
2006	£113,180	£1,277	89
2005	£124,077	£1,265	92
2004	£111,321	£1,182	99
2003	£85,406	£910	88
2002	£65,376	£688	100
2001	£48,817	£551	99
2000	£45,778	£508	96
1999	£41,299	£520	74
1998	£41,398	£448	56
1997	£37,538	£403	69
1996	£36,433	£407	69
1995	£36,751	£400	56

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£109,250	£2,300	8
2023	£85,775	£1,605	18
2022	£114,815	£1,982	27
2021	£100,914	£1,672	21
2020	£103,583	£1,751	18
2019	£100,625	£1,596	25
2018	£86,815	£1,661	23
2017	£91,289	£1,621	19
2016	£84,188	£1,506	16
2015	£76,754	£1,382	12
2014	£69,864	£1,416	11
2013	£58,750	£1,525	4
2012	£63,345	£1,150	10
2011	£71,800	£1,323	12
2010	£79,342	£1,504	18
2009	£67,857	£1,482	7
2008	£88,833	£1,419	15
2007	£88,798	£1,590	30
2006	£92,761	£1,688	28
2005	£104,909	£1,861	66
2004	£81,841	£1,462	29
2003	£58,683	£1,251	30
2002	£49,929	£1,004	27
2001	£39,971	£818	27
2000	£33,154	£737	29
1999	£32,796	£662	26
1998	£33,606	£683	17
1997	£31,954	£654	26
1996	£30,233	£625	18
1995	£29,063	£564	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,000		1
2023	£274,284	£938	8
2022	£244,532	£2,707	3
2021	£297,212	£2,576	3
2020	£355,000	£2,740	3
2019	£284,667	£1,332	9
2018	£235,786	£706	7
2017	£155,208	£1,086	6
2014	£7,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£190,000	£3,285	2
2022	£253,000	£2,472	5
2021	£263,000	£2,349	5
2020	£297,750	£1,818	2
2019	£166,000	£2,739	3
2018	£197,900	£1,946	5
2017	£212,900	£2,135	5
2016	£228,000	£1,807	5
2015	£215,000	£1,484	2
2014	£172,500	£1,322	2
2013	£175,333	£927	3
2012	£157,650	£2,854	3
2011	£245,000		1
2010	£152,833	£1,392	6
2008	£145,175	£1,587	2
2007	£193,000	£1,491	2
2006	£152,780	£1,676	5
2005	£182,625	£1,705	4
2004	£132,900	£1,209	5
2003	£127,125	£1,156	4
2002	£111,667	£723	3
2001	£100,290	£1,006	5
2000	£45,500	£1,891	2
1999	£61,136	£621	7
1998	£64,333	£1,174	3
1997	£56,315	£1,372	5
1996	£87,000	£512	2
1995	£40,000		2

House Type in B23 7LZ area

The most common house types in the B23 7LZ postcode area are Terraced (59), Semi-detached (47), and Detached (8).

Total	116
Terraced	59
Semi-detached	47
Detached	8
Flat	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	44
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	26
Social rented: Other social rented	4
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the B23 7LZ have 1 person in household (33), and 2 people in household (30).

1 person in household	33
2 people in household	30
3 people in household	21
4 people in household	16
5 people in household	11
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0