Housing Market Analysis for LAKES ROAD, B23 7UH

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

Overview of Sold House prices

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

Terraced
- The average price is around £79,933 median price is £63,500 Standard Deviation is £48,943 with Total Sold: 15
- The Last 5 Year average price is £148,000 with Total Sold: 4
- The most recent sale happened at this postcode is 153 LAKES ROAD: £185,000 (Sold on 23 Jan 2023)
- The first recorded sale happened at this postcode is 169 LAKES ROAD: £24,000 (Sold on 23 May 1995)
Other
- The average price is around £935,000 median price is £935,000 Standard Deviation is £0 with Total Sold: 13
- The most recent sale happened at this postcode is APARTMENT 8, 191 LAKES ROAD: £935,000 (Sold on 06 Oct 2016)
- The first recorded sale happened at this postcode is APARTMENT 12, 191 LAKES ROAD: £935,000 (Sold on 06 Oct 2016)
Flat
- The average price is around £110,656 median price is £119,500 Standard Deviation is £25,394 with Total Sold: 16
- The most recent sale happened at this postcode is APARTMENT 2, 191 LAKES ROAD: £36,000 (Sold on 12 Jan 2012)
- The first recorded sale happened at this postcode is APARTMENT 5, 191 LAKES ROAD: £119,500 (Sold on 13 Dec 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B23 7UH 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£185,000	£1,555	1
2021	£143,500	£1,712	2
2019	£120,000	£1,519	1
2018	£127,000	£1,085	1
2016	£70,000	£714	1
2005	£74,500	£760	1
2004	£47,000	£610	1
2003	£60,750	£759	2
2001	£34,000	£466	2
1998	£37,000	£569	1
1996	£38,000	£481	1
1995	£24,000	£245	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£935,000	£17,317	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£94,667	£1,716	3
2010	£52,000	£1,040	1
2007	£119,500	£2,122	6
2006	£119,583	£2,306	6

All the Sales in the LAKES ROAD, B23 7UH

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

Address	Sold Date	Price	% Change
153 LAKES ROADTerraced, FreeholdArea: 119 Sq.mtrAge: 1950-1966	23 Jan 2023	£185,000	First Sale
183 LAKES ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	08 Apr 2021	£142,000	255.00%
	20 Apr 2001	£40,000	42.86%
	19 Jan 2001	£28,000	First Sale
169 LAKES ROADTerraced, FreeholdArea: 98 Sq.mtrAge: 1967-1975	07 Apr 2021	£145,000	107.14%
	07 Oct 2016	£70,000	-6.04%
	22 Jun 2005	£74,500	210.42%
	23 May 1995	£24,000	First Sale
177 LAKES ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	24 May 2019	£120,000	First Sale
179 LAKES ROADTerraced, FreeholdArea: 117 Sq.mtrAge: 1950-1966	27 Jun 2018	£127,000	First Sale
APARTMENT 8, 191 LAKES ROADOther, LeaseholdArea: 51.08 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	26 Jan 2007	£119,500	First Sale
APARTMENT 6, 191 LAKES ROADOther, LeaseholdArea: 61.17 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	13 Dec 2006	£119,500	First Sale
APARTMENT 7, 191 LAKES ROADOther, LeaseholdArea: 69.59 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	29 Jan 2007	£119,500	First Sale
APARTMENT 9, 191 LAKES ROADOther, LeaseholdArea: 52.54 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	26 Jan 2007	£119,500	First Sale
191 LAKES ROADOther, Freehold	06 Oct 2016	£935,000	First Sale
APARTMENT 10, 191 LAKES ROADOther, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	26 Jan 2007	£119,500	First Sale
APARTMENT 11, 191 LAKES ROADOther, LeaseholdArea: 58.25 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	01 Feb 2007	£119,500	First Sale
APARTMENT 3, 191 LAKES ROADOther, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	13 Dec 2006	£119,500	First Sale
APARTMENT 2, 191 LAKES ROADOther, LeaseholdArea: 60 Sq.mtrAge: 1983-1990	06 Oct 2016	£935,000	2497.22%
	12 Jan 2012	£36,000	-70.97%
	11 Jan 2012	£124,000	3.33%
	21 Dec 2006	£120,000	First Sale
APARTMENT 5, 191 LAKES ROADOther, LeaseholdArea: 44.74 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	13 Dec 2006	£119,500	First Sale
APARTMENT 4, 191 LAKES ROADOther, LeaseholdArea: 44.51 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	13 Dec 2006	£119,500	First Sale
APARTMENT 1, 191 LAKES ROADOther, LeaseholdArea: 50 Sq.mtrAge: 2007 onwards	06 Oct 2016	£935,000	654.03%
	11 Jan 2012	£124,000	138.46%
	01 Sep 2010	£52,000	-56.49%
	21 Dec 2006	£119,500	First Sale
APARTMENT 12, 191 LAKES ROADOther, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	06 Oct 2016	£935,000	682.43%
	24 Jan 2007	£119,500	First Sale
187 LAKES ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	20 Feb 2004	£47,000	First Sale
175 LAKES ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	15 Aug 2003	£63,500	First Sale
167 LAKES ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	03 Feb 2003	£58,000	52.63%
	23 Sep 1996	£38,000	First Sale
189 LAKES ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1967-1975	04 Dec 1998	£37,000	First Sale

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

LAKES ROAD, B23 7UH Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £92,167 median price is £85,000 Standard Deviation is £51,141 with Total Sold: 306
- The Last 5 Year average price is £167,953 with Total Sold: 43
- The most recent sale happened at this postcode is , 11 TILSLEY GROVE: £210,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 7 PURLEY GROVE: £34,500 (Sold on 10 Jan 1995)
Other
- The average price is around £913,742 median price is £817,500 Standard Deviation is £2,008,651 with Total Sold: 30
- The Last 5 Year average price is £1,373,039 with Total Sold: 9
- The most recent sale happened at this postcode is , UNIT 6 MOOR LANE: £200,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 390 COLLEGE ROAD: £1,250,000 (Sold on 30 Dec 2015)
Terraced
- The average price is around £90,100 median price is £87,975 Standard Deviation is £45,828 with Total Sold: 540
- The Last 5 Year average price is £148,232 with Total Sold: 90
- The most recent sale happened at this postcode is , 17 MILLBANK GROVE: £168,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 34 ERCALL CLOSE: £32,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £66,469 median price is £66,995 Standard Deviation is £30,559 with Total Sold: 227
- The Last 5 Year average price is £98,397 with Total Sold: 29
- The most recent sale happened at this postcode is , 98 IVYFIELD ROAD: £115,000 (Sold on 27 Jun 2024)
- The first recorded sale happened at this postcode is , 228 IVYFIELD ROAD: £31,950 (Sold on 24 Feb 1995)
Detached
- The average price is around £117,562 median price is £89,500 Standard Deviation is £75,433 with Total Sold: 8
- The most recent sale happened at this postcode is , 66 MOOR LANE: £290,000 (Sold on 30 Nov 2018)
- The first recorded sale happened at this postcode is , 219 THE RIDGEWAY: £44,000 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,500		4
2023	£171,500	£2,138	7
2022	£188,077	£2,107	13
2021	£130,143	£1,747	7
2020	£148,929	£1,783	7
2019	£154,600	£1,720	5
2018	£135,500	£1,785	5
2017	£133,738	£1,681	4
2016	£131,343	£1,548	7
2015	£106,267	£1,405	6
2014	£125,167	£1,528	3
2013	£124,118	£1,307	11
2012	£95,000	£1,168	8
2011	£111,408	£1,382	6
2010	£97,000	£1,184	6
2009	£89,988	£1,133	4
2008	£121,658	£1,519	6
2007	£119,093	£1,407	15
2006	£108,308	£1,290	18
2005	£111,429	£1,257	12
2004	£90,854	£1,137	21
2003	£74,939	£917	14
2002	£62,466	£759	19
2001	£54,443	£610	16
2000	£43,269	£566	16
1999	£38,517	£549	15
1998	£42,046	£517	14
1997	£37,083	£440	12
1996	£42,346	£436	13
1995	£35,688	£402	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000		1
2022	£162,000		1
2021	£71,000	£141	3
2019	£2,945,588	£932	4
2018	£282,500		2
2017	£291,640	£648	3
2016	£824,333	£17,317	15
2015	£1,250,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£184,125	£2,778	4
2023	£163,567	£2,112	15
2022	£158,222	£2,003	18
2021	£151,576	£1,863	23
2020	£137,958	£1,793	12
2019	£120,065	£1,483	18
2018	£125,328	£1,498	23
2017	£115,667	£1,473	18
2016	£103,069	£1,312	29
2015	£97,778	£1,229	18
2014	£94,833	£1,106	15
2013	£82,500	£1,082	15
2012	£92,186	£1,053	11
2011	£83,333	£1,031	9
2010	£75,364	£1,053	9
2009	£90,591	£1,134	11
2008	£99,306	£1,262	8
2007	£104,316	£1,308	27
2006	£115,462	£1,441	29
2005	£91,727	£1,124	33
2004	£80,672	£1,002	32
2003	£62,092	£773	29
2002	£50,570	£618	20
2001	£40,067	£524	23
2000	£38,959	£475	26
1999	£34,581	£398	18
1998	£35,053	£472	17
1997	£32,760	£413	13
1996	£33,333	£414	9
1995	£30,250	£409	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£117,667	£2,106	3
2023	£92,071	£1,747	7
2022	£88,357	£1,702	7
2021	£124,500	£2,202	3
2020	£102,286	£1,747	7
2019	£74,000	£1,399	2
2018	£72,833	£1,478	3
2017	£71,250	£1,159	4
2016	£82,500	£1,393	5
2015	£64,450	£1,099	8
2014	£67,722	£1,228	9
2013	£68,600	£1,037	5
2012	£84,857	£1,445	7
2011	£70,500	£1,397	5
2010	£76,000	£1,217	3
2009	£70,000	£1,270	1
2008	£94,500	£1,967	3
2007	£101,118	£1,717	17
2006	£101,121	£1,903	12
2005	£76,345	£1,175	10
2004	£63,621	£1,103	14
2003	£62,555	£1,099	18
2002	£45,496	£774	13
2001	£38,433	£601	15
2000	£37,300	£657	5
1999	£32,586	£529	14
1998	£32,300	£572	5
1997	£30,106	£524	8
1996	£29,614	£409	8
1995	£26,742	£468	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£290,000	£3,258	1
2009	£75,000	£925	1
2006	£117,250	£1,242	4
2003	£62,500	£406	1
1995	£44,000	£506	1

House Type in B23 7UH area

The most common house types in the B23 7UH postcode area are Terraced (50), Semi-detached (49), and Flat (20).

Total	127
Terraced	50
Semi-detached	49
Flat	20
Detached	8
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 Social rented: Rents from council or Local Authority (48), and Private rented: Private landlord or letting agency (33).

Social rented: Rents from council or Local Authority	48
Private rented: Private landlord or letting agency	33
Owned: Owns with a mortgage or loan	23
Owned: Owns outright	19
Social rented: Other social rented	3
Private rented: Other private rented	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the B23 7UH have 1 person in household (34), and 2 people in household (26).

1 person in household	34
2 people in household	26
3 people in household	22
5 people in household	15
4 people in household	14
6 people in household	10
7 people in household	4
8 or more people in household	2
0 people in household	0