Housing Market Analysis for LAKEFIELD CLOSE, B28 8QZ

Are you looking to understand B28 8QZ 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 B28 8QZ area, explore the B28 8QZ Area information page.
For comprehensive crime statistics in the B28 8QZ area, explore the B28 8QZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B28 8QZ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £78,956 median price is £80,000 Standard Deviation is £23,317 with Total Sold: 11
    • The Last 5 Year average price is £86,354 with Total Sold: 3
    • The most recent sale happened at this postcode is 17 LAKEFIELD CLOSE: £84,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 49 LAKEFIELD CLOSE: £55,000 (Sold on 21 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average B28 8QZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£84,0001
2023£79,063 £1,275 1
2019£96,000 £2,000 1
2017£111,000 £1,850 1
2007£80,000 £1,290 1
2006£101,975 £1,885 2
2005£34,000 £479 1
2004£70,500 £1,469 1
2003£55,000 £1,146 1
2002£55,000 £917 1

All the Sales in the LAKEFIELD CLOSE, B28 8QZ

See the table below for more details on the sold house prices in the B28 8QZ, Birmingham postcode.

AddressSold DatePrice% Change
17 LAKEFIELD CLOSEFlat, Leasehold28 Mar 2024£84,000147.06%
12 Sep 2005£34,000First Sale
15 LAKEFIELD CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-196616 Jun 2023£79,063-1.17%
23 Nov 2007£80,000First Sale
41 LAKEFIELD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197529 Apr 2019£96,0007.87%
23 Jun 2006£89,00026.24%
19 Jan 2004£70,50028.18%
31 Jan 2003£55,000First Sale
49 LAKEFIELD CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-197512 Oct 2017£111,000-3.44%
29 Sep 2006£114,950109.00%
21 Aug 2002£55,000First Sale

Check out the sold house prices near the B28 8QZ postcode. Properties currently for saleProperties currently for rent

LAKEFIELD CLOSE, B28 8QZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B28 8QZ 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 B28 8QZ postcode.

  • Semi-Detached
    • The average price is around £134,773 median price is £123,000 Standard Deviation is £75,633 with Total Sold: 1,457
    • The Last 5 Year average price is £248,746 with Total Sold: 180
    • The most recent sale happened at this postcode is , 62 WOODFORD GREEN ROAD: £280,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 133 HAZELVILLE ROAD: £43,000 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £122,875 median price is £118,404 Standard Deviation is £60,175 with Total Sold: 1,310
    • The Last 5 Year average price is £198,438 with Total Sold: 250
    • The most recent sale happened at this postcode is , 60 ARKLEY ROAD: £215,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 201 SCHOOL ROAD: £51,500 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £245,487 median price is £222,500 Standard Deviation is £181,621 with Total Sold: 14
    • The Last 5 Year average price is £155,783 with Total Sold: 6
    • The most recent sale happened at this postcode is , 4 GOSPEL FARM ROAD: £215,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 435 SHIRLEY ROAD: £558,120 (Sold on 01 Apr 2015)
  • Detached
    • The average price is around £204,628 median price is £190,000 Standard Deviation is £116,565 with Total Sold: 84
    • The Last 5 Year average price is £334,409 with Total Sold: 11
    • The most recent sale happened at this postcode is , 65 BODEN ROAD: £570,000 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is , 8 ENGLEWOOD DRIVE: £71,350 (Sold on 29 Jan 1996)
  • Flat
    • The average price is around £103,993 median price is £104,500 Standard Deviation is £45,492 with Total Sold: 140
    • The Last 5 Year average price is £135,053 with Total Sold: 37
    • The most recent sale happened at this postcode is , 17 LAKEFIELD CLOSE: £84,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 225A LAKEY LANE: £16,000 (Sold on 26 Jan 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,833 £2,682 9
2023£272,320 £3,004 25
2022£265,676 £2,960 37
2021£250,995 £2,813 44
2020£228,999 £2,482 32
2019£217,120 £2,454 33
2018£213,281 £2,480 41
2017£190,128 £2,123 28
2016£187,302 £2,173 37
2015£173,108 £1,872 39
2014£151,162 £1,811 37
2013£175,980 £1,700 32
2012£148,292 £1,606 24
2011£148,302 £1,721 24
2010£178,000 £1,759 27
2009£135,765 £1,486 36
2008£150,197 £1,895 32
2007£156,965 £1,943 78
2006£146,653 £1,801 80
2005£141,795 £1,609 65
2004£139,759 £1,625 72
2003£123,692 £1,386 86
2002£96,044 £1,037 83
2001£85,043 £910 84
2000£67,768 £744 67
1999£72,483 £789 61
1998£54,186 £608 60
1997£54,142 £600 76
1996£52,956 £567 63
1995£51,691 £529 45
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£222,000 £2,874 17
2023£207,776 £2,708 49
2022£219,377 £2,683 41
2021£192,377 £2,541 59
2020£182,147 £2,387 43
2019£182,378 £2,326 41
2018£162,906 £2,005 42
2017£167,314 £2,240 48
2016£141,973 £1,765 54
2015£142,601 £1,791 45
2014£125,835 £1,696 51
2013£132,710 £1,646 44
2012£111,886 £1,459 33
2011£123,741 £1,514 29
2010£119,743 £1,539 33
2009£120,280 £1,572 27
2008£118,952 £1,505 28
2007£131,408 £1,729 61
2006£126,693 £1,621 60
2005£121,392 £1,462 43
2004£121,574 £1,516 53
2003£95,680 £1,284 52
2002£77,750 £978 59
2001£63,811 £776 44
2000£61,596 £748 51
1999£51,402 £603 49
1998£49,677 £604 39
1997£42,244 £513 40
1996£44,153 £507 31
1995£46,026 £566 44
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,0002
2022£118,600 £4,269 2
2020£4,500 £38 1
2019£263,000 £1,879 1
2018£325,000 £4,383 2
2017£92,000 £297 2
2016£355,0002
2015£479,0602
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,000 £2,250 2
2022£565,000 £3,363 1
2021£295,500 £3,582 2
2020£308,875 £2,660 4
2019£268,500 £2,568 2
2018£280,000 £2,667 1
2017£140,000 £2,090 1
2016£271,167 £2,505 6
2015£218,207 £2,157 7
2014£248,333 £2,621 3
2013£253,500 £1,797 3
2011£395,000 £2,134 1
2010£102,500 £1,439 2
2009£249,750 £2,098 2
2008£269,333 £1,867 3
2007£195,175 £2,355 7
2006£375,0001
2005£236,167 £1,941 3
2004£214,700 £1,633 5
2003£198,488 £1,229 4
2002£113,475 £1,244 2
2001£122,475 £825 2
2000£108,750 £989 4
1999£85,700 £739 12
1998£72,000 £505 2
1997£55,0001
1996£71,350 £776 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£105,6673
2023£158,073 £2,303 7
2022£136,438 £2,425 8
2021£120,056 £2,370 9
2020£169,667 £2,325 3
2019£127,493 £2,133 7
2018£140,170 £2,409 5
2017£100,742 £1,771 6
2016£124,500 £1,919 5
2015£119,130 £1,621 10
2014£117,983 £2,062 3
2012£103,911 £1,578 9
2011£78,333 £1,560 3
2010£113,312 £1,801 8
2009£119,250 £1,654 4
2008£134,000 £2,127 1
2007£82,988 £1,512 4
2006£103,100 £1,735 9
2005£96,800 £1,493 5
2004£71,190 £1,367 5
2003£77,238 £1,413 4
2002£65,788 £1,128 4
2001£58,475 £1,222 2
2000£39,612 £710 4
1999£44,000 £787 3
1998£46,750 £739 2
1997£38,062 £672 4
1996£25,417 £463 3

House Type in B28 8QZ area

The most common house types in the B28 8QZ postcode area are Flat (42), Terraced (20), and Semi-detached (19).

Total84
Flat42
Terraced20
Semi-detached19
Detached3
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 (52), and Private rented: Private landlord or letting agency (13).

Social rented: Rents from council or Local Authority52
Private rented: Private landlord or letting agency13
Owned: Owns with a mortgage or loan12
Owned: Owns outright7
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B28 8QZ have 1 person in household (42), and 2 people in household (19).

1 person in household42
2 people in household19
3 people in household13
4 people in household5
5 people in household5
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0