Housing Market Analysis for FAR WOOD ROAD, B31 1BS

Are you looking to understand B31 1BS 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 B31 1BS area, explore the B31 1BS Area information page.
For comprehensive crime statistics in the B31 1BS area, explore the B31 1BS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B31 1BS postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £74,333 median price is £35,000 Standard Deviation is £68,748 with Total Sold: 3
    • The Last 5 Year average price is £171,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 FAR WOOD ROAD: £171,000 (Sold on 09 Mar 2023)
    • The first recorded sale happened at this postcode is 3 FAR WOOD ROAD: £35,000 (Sold on 01 Nov 1996)
  • Semi-Detached
    • The average price is around £40,000 median price is £40,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 24 FAR WOOD ROAD: £40,000 (Sold on 10 Aug 1995)
    • The first recorded sale happened at this postcode is 24 FAR WOOD ROAD: £40,000 (Sold on 10 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 1BS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£171,000 £2,311 1
1997£17,000 £250 1
1996£35,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£40,0001

All the Sales in the FAR WOOD ROAD, B31 1BS

See the table below for more details on the sold house prices in the B31 1BS, Birmingham postcode.

AddressSold DatePrice% Change
7 FAR WOOD ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196609 Mar 2023£171,000First Sale
11 FAR WOOD ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1950-196617 Jan 1997£17,000First Sale
3 FAR WOOD ROADTerraced, Freehold01 Nov 1996£35,000First Sale
24 FAR WOOD ROADSemi-Detached, Leasehold10 Aug 1995£40,000First Sale

Check out the sold house prices near the B31 1BS postcode. Properties currently for saleProperties currently for rent

FAR WOOD ROAD, B31 1BS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B31 1BS 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 B31 1BS postcode.

  • Terraced
    • The average price is around £102,943 median price is £98,975 Standard Deviation is £53,458 with Total Sold: 542
    • The Last 5 Year average price is £162,925 with Total Sold: 93
    • The most recent sale happened at this postcode is , 28B SHENLEY FIELDS DRIVE: £212,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 16 BRIDGEBURN ROAD: £42,500 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £118,262 median price is £111,250 Standard Deviation is £68,602 with Total Sold: 408
    • The Last 5 Year average price is £208,062 with Total Sold: 73
    • The most recent sale happened at this postcode is , 4 FORSYTHIA CLOSE: £270,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 34 FORSYTHIA CLOSE: £59,950 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £193,334 median price is £191,250 Standard Deviation is £86,345 with Total Sold: 68
    • The Last 5 Year average price is £298,412 with Total Sold: 17
    • The most recent sale happened at this postcode is , 122 SENNELEYS PARK ROAD: £265,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , 69 FORSYTHIA CLOSE: £68,950 (Sold on 26 May 1995)
  • Flat
    • The average price is around £66,295 median price is £65,250 Standard Deviation is £27,156 with Total Sold: 108
    • The Last 5 Year average price is £93,550 with Total Sold: 17
    • The most recent sale happened at this postcode is , 2 BRIDGEBURN ROAD: £78,500 (Sold on 06 Dec 2023)
    • The first recorded sale happened at this postcode is , 12 FORSYTHIA CLOSE: £39,950 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £197,125 median price is £157,000 Standard Deviation is £85,196 with Total Sold: 4
    • The Last 5 Year average price is £218,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 58 ROUNDLEA ROAD: £175,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is , 21 WESTHAVEN DRIVE: £132,500 (Sold on 02 Aug 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£188,800 £2,218 5
2023£165,021 £2,026 14
2022£174,393 £2,310 14
2021£171,684 £2,051 19
2020£150,688 £1,962 20
2019£151,452 £1,805 21
2018£150,394 £1,848 16
2017£143,080 £1,832 25
2016£127,453 £1,685 17
2015£119,350 £1,495 10
2014£117,192 £1,551 13
2013£118,433 £1,491 18
2012£112,636 £1,431 11
2011£89,402 £972 11
2010£119,966 £1,450 13
2009£99,571 £1,279 7
2008£137,118 £1,960 14
2007£109,040 £1,555 14
2006£115,544 £1,466 31
2005£99,276 £1,503 17
2004£92,067 £1,226 30
2003£72,046 £1,098 24
2002£77,559 £979 32
2001£69,620 £1,067 32
2000£45,464 £673 27
1999£46,168 £632 19
1998£42,807 £597 14
1997£51,632 £530 11
1996£31,868 £454 11
1995£50,811 £744 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,875 £2,432 4
2023£260,556 £2,966 9
2022£218,962 £2,538 13
2021£198,235 £2,239 17
2020£190,036 £2,134 14
2019£191,438 £2,022 16
2018£160,837 £1,925 20
2017£142,788 £1,991 12
2016£133,680 £1,709 22
2015£162,630 £1,835 15
2014£151,696 £1,890 10
2013£109,728 £1,310 14
2012£137,531 £1,700 14
2011£119,000 £1,515 7
2010£108,250 £1,492 6
2009£116,812 £1,547 8
2008£148,556 £1,559 8
2007£120,994 £1,549 9
2006£104,325 £1,326 6
2005£97,496 £1,291 12
2004£103,845 £1,408 19
2003£107,726 £1,256 17
2002£75,921 £978 24
2001£62,160 £771 26
2000£46,614 £618 14
1999£40,464 £542 21
1998£56,203 £773 9
1997£42,155 £549 11
1996£43,856 £531 16
1995£57,767 £728 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,0001
2023£290,000 £4,302 2
2022£317,200 £3,251 5
2021£328,750 £2,777 4
2020£269,250 £2,793 4
2019£250,000 £2,381 1
2018£231,000 £2,311 4
2017£220,000 £2,098 2
2016£236,500 £2,297 2
2015£214,500 £2,297 5
2014£175,832 £1,958 3
2013£200,250 £1,603 2
2012£190,748 £1,844 4
2011£159,000 £1,822 1
2010£154,633 £1,354 3
2009£65,0001
2008£123,800 £1,696 1
2007£145,966 £1,411 4
2006£151,667 £1,646 3
2005£195,000 £1,636 2
2002£50,0001
2001£110,591 £1,383 5
2000£105,500 £989 3
1999£67,750 £1,006 2
1998£54,375 £928 2
1995£68,950 £766 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,731 £2,060 8
2022£90,000 £1,672 1
2021£91,500 £1,417 2
2020£85,500 £1,651 2
2019£85,125 £1,867 4
2018£83,000 £774 2
2017£102,000 £1,834 6
2016£75,000 £1,172 1
2015£68,833 £1,553 3
2014£69,417 £1,440 3
2013£54,000 £1,064 1
2012£62,500 £1,293 2
2011£58,500 £944 1
2010£78,000 £1,216 1
2009£116,000 £1,966 1
2008£49,167 £736 3
2007£88,000 £1,655 6
2006£74,500 £1,315 4
2005£73,243 £1,377 7
2004£70,458 £1,546 6
2003£48,407 £815 7
2002£49,567 £985 3
2001£55,564 £1,071 14
2000£38,317 £761 6
1999£27,950 £617 1
1998£29,500 £695 4
1997£33,376 £445 1
1996£42,5001
1995£34,871 £567 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£175,000 £2,465 1
2022£342,000 £2,874 1
2019£139,000 £1,878 1
2018£132,500 £1,636 1

House Type in B31 1BS area

The most common house types in the B31 1BS postcode area are Semi-detached (43), Terraced (23), and Flat (18).

Total104
Semi-detached43
Terraced23
Flat18
commercial building9
Detached7
Shared house3
converted building1
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 (35), and Social rented: Other social rented (28).

Social rented: Rents from council or Local Authority35
Social rented: Other social rented28
Owned: Owns with a mortgage or loan17
Owned: Owns outright12
Private rented: Private landlord or letting agency9
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B31 1BS have 1 person in household (40), and 2 people in household (23).

1 person in household40
2 people in household23
3 people in household16
4 people in household14
5 people in household6
6 people in household4
8 or more people in household1
0 people in household0
7 people in household0