Housing Market Analysis for LAKEFIELD, B31 1FQ

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

Overview of Sold House prices

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

Detached
- The average price is around £135,556 median price is £114,300 Standard Deviation is £35,075 with Total Sold: 18
- The most recent sale happened at this postcode is 2 LAKEFIELD: £193,500 (Sold on 08 Dec 2016)
- The first recorded sale happened at this postcode is 22 LAKEFIELD: £98,250 (Sold on 26 Oct 2001)
Semi-Detached
- The average price is around £103,570 median price is £89,400 Standard Deviation is £41,017 with Total Sold: 5
- The most recent sale happened at this postcode is 16 LAKEFIELD: £47,000 (Sold on 11 Aug 2016)
- The first recorded sale happened at this postcode is 14 LAKEFIELD: £88,500 (Sold on 14 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 1FQ 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£193,500	£2,481	1
2009	£175,000	£1,528	1
2006	£192,500	£2,238	1
2005	£184,500	£1,655	2
2002	£123,562	£1,323	4
2001	£112,861	£1,134	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£47,000	£627	1
2013	£123,000	£1,640	1
2004	£169,950		1
2001	£88,950	£1,192	2

All the Sales in the LAKEFIELD, B31 1FQ

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

Address	Sold Date	Price	% Change
2 LAKEFIELDDetached, LeaseholdArea: 78 Sq.mtrAge: 1996-2002	08 Dec 2016	£193,500	77.12%
2 LAKEFIELDDetached, LeaseholdArea: 78 Sq.mtrAge: 1996-2002	21 Dec 2001	£109,250	First Sale
16 LAKEFIELDSemi-Detached, LeaseholdArea: 75 Sq.mtrAge: 1996-2002	11 Aug 2016	£47,000	-61.79%
	06 Aug 2013	£123,000	37.58%
	21 Dec 2001	£89,400	First Sale
4 LAKEFIELDDetached, LeaseholdArea: 114.51 Sq.mtrAge: 1996-2002	11 Dec 2009	£175,000	3.55%
	11 Nov 2005	£169,000	54.34%
	21 Dec 2001	£109,500	First Sale
12 LAKEFIELDDetached, LeaseholdArea: 86 Sq.mtrAge: 1991-1995	30 Aug 2006	£192,500	69.23%
	16 Jan 2002	£113,750	First Sale
6 LAKEFIELDDetached, LeaseholdArea: 109 Sq.mtrAge: 2003-2006	03 Jun 2005	£200,000	54.56%
	21 Dec 2001	£129,400	First Sale
22 LAKEFIELDSemi-Detached, Leasehold	02 Apr 2004	£169,950	63.41%
	26 Apr 2002	£104,000	5.85%
	26 Oct 2001	£98,250	First Sale
18 LAKEFIELDDetached, Leasehold	29 Nov 2002	£168,000	32.18%
18 LAKEFIELDDetached, Leasehold	04 Dec 2001	£127,100	First Sale
8 LAKEFIELDDetached, Leasehold	08 Feb 2002	£108,500	First Sale
10 LAKEFIELDDetached, LeaseholdArea: 116 Sq.mtrAge: 1996-2002	28 Dec 2001	£114,850	First Sale
20 LAKEFIELDDetached, Leasehold	14 Dec 2001	£102,500	First Sale
14 LAKEFIELDSemi-Detached, Leasehold	14 Dec 2001	£88,500	First Sale
5 LAKEFIELDDetached, Leasehold	16 Nov 2001	£112,450	First Sale
7 LAKEFIELDDetached, Leasehold	16 Nov 2001	£112,450	First Sale

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

LAKEFIELD, B31 1FQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £127,711 median price is £120,000 Standard Deviation is £64,840 with Total Sold: 851
- The Last 5 Year average price is £211,516 with Total Sold: 146
- The most recent sale happened at this postcode is , 29 NIGEL AVENUE: £239,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 36 VERBENA ROAD: £69,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £153,123 median price is £140,000 Standard Deviation is £72,852 with Total Sold: 218
- The Last 5 Year average price is £286,419 with Total Sold: 21
- The most recent sale happened at this postcode is , 7 VICTORIA DRIVE: £345,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 1 CHATHAM ROAD: £60,000 (Sold on 20 Aug 1995)
Terraced
- The average price is around £101,539 median price is £98,500 Standard Deviation is £52,998 with Total Sold: 687
- The Last 5 Year average price is £172,112 with Total Sold: 100
- The most recent sale happened at this postcode is , 35 CUTLERS ROUGH CLOSE: £190,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 116 NIGEL AVENUE: £57,500 (Sold on 27 Jan 1995)
Flat
- The average price is around £119,277 median price is £114,000 Standard Deviation is £66,629 with Total Sold: 83
- The Last 5 Year average price is £155,786 with Total Sold: 43
- The most recent sale happened at this postcode is APARTMENT 6, 19 ASCOT WAY: £163,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is LAUREL COTTAGE 1, REAR OF, 17 CHURCH ROAD: £40,000 (Sold on 24 May 1996)
Other
- The average price is around £358,757 median price is £149,950 Standard Deviation is £466,565 with Total Sold: 39
- The Last 5 Year average price is £310,159 with Total Sold: 31
- The most recent sale happened at this postcode is , 803 BRISTOL ROAD SOUTH: £169,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 640 BRISTOL ROAD SOUTH: £13,650 (Sold on 18 Mar 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£232,667	£2,657	6
2023	£242,411	£2,860	30
2022	£234,990	£2,679	24
2021	£193,195	£2,422	28
2020	£197,186	£2,425	21
2019	£189,808	£2,282	37
2018	£182,645	£2,315	36
2017	£169,000	£1,938	30
2016	£153,640	£1,921	26
2015	£155,116	£1,852	26
2014	£144,333	£1,565	21
2013	£125,044	£1,672	33
2012	£153,857	£1,609	7
2011	£134,798	£1,465	20
2010	£125,347	£1,352	22
2009	£113,295	£1,432	11
2008	£134,831	£1,529	24
2007	£135,146	£1,741	38
2006	£135,782	£1,540	32
2005	£132,642	£1,722	24
2004	£118,521	£1,612	50
2003	£104,173	£1,291	35
2002	£88,201	£1,023	44
2001	£67,838	£925	41
2000	£69,137	£917	55
1999	£64,066	£803	50
1998	£52,582	£593	22
1997	£55,534	£580	19
1996	£48,187	£566	23
1995	£45,844	£463	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£345,000		1
2023	£353,000	£3,683	5
2022	£246,250	£3,134	4
2021	£268,000	£3,519	5
2020	£308,895	£2,582	2
2019	£240,500	£2,909	4
2018	£245,833	£2,807	6
2017	£211,667	£2,535	3
2016	£189,800	£2,426	5
2015	£186,312	£2,384	4
2014	£178,383	£2,141	9
2013	£194,000	£1,814	3
2012	£147,000	£1,541	2
2011	£156,500	£1,540	2
2010	£166,242	£1,769	6
2009	£166,920	£1,885	5
2008	£145,701	£1,811	4
2007	£168,312	£2,128	8
2006	£168,900	£2,140	5
2005	£218,769	£1,879	13
2004	£163,350	£1,842	10
2003	£158,556	£1,743	8
2002	£119,205	£1,194	11
2001	£101,680	£1,141	43
2000	£101,208	£1,134	24
1999	£91,029	£996	20
1998	£74,500	£993	1
1997	£94,333		3
1996	£65,000		1
1995	£60,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£172,857	£1,747	7
2023	£205,269	£2,567	13
2022	£205,250	£2,570	15
2021	£170,816	£2,256	19
2020	£159,040	£2,287	24
2019	£145,068	£1,835	22
2018	£137,112	£1,792	28
2017	£128,310	£1,624	24
2016	£118,969	£1,504	16
2015	£116,075	£1,488	25
2014	£121,550	£1,498	18
2013	£99,708	£1,251	12
2012	£103,414	£1,396	7
2011	£104,170	£1,366	16
2010	£105,313	£1,366	19
2009	£112,679	£1,519	14
2008	£103,387	£1,374	19
2007	£119,558	£1,467	32
2006	£117,393	£1,694	23
2005	£116,056	£1,488	40
2004	£99,747	£1,463	31
2003	£90,271	£1,216	47
2002	£74,859	£1,007	29
2001	£57,665	£987	36
2000	£49,682	£725	27
1999	£48,344	£676	40
1998	£40,350	£582	20
1997	£42,863	£461	31
1996	£43,214	£535	17
1995	£38,071	£461	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£163,000		1
2023	£147,388	£2,445	4
2022	£182,316	£3,154	19
2021	£94,250	£1,488	6
2020	£161,100	£1,959	5
2019	£138,906	£1,508	8
2018	£86,700	£1,547	5
2017	£120,000	£1,846	1
2016	£83,488	£1,335	4
2015	£150,850	£1,329	2
2014	£69,362	£1,397	4
2013	£45,000	£750	1
2012	£40,000	£696	1
2011	£58,667	£901	3
2010	£85,250	£1,081	2
2009	£114,000	£1,652	1
2008	£60,475	£1,050	3
2007	£69,480	£1,033	3
2006	£91,500	£1,481	2
2002	£92,000		2
2001	£76,850	£1,252	2
2000	£81,175	£993	2
1999	£76,150	£595	1
1996	£40,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£138,250		2
2023	£156,375	£4	4
2022	£505,732	£3,248	7
2021	£532,500	£8,438	6
2020	£54,923	£770	9
2019	£494,500	£579	3
2018	£678,500		2
2017	£162,475		2
2015	£673,662	£14,394	4

House Type in B31 1FQ area

The most common house types in the B31 1FQ postcode area are Flat (67), Semi-detached (52), and Terraced (31).

Total	176
Flat	67
Semi-detached	52
Terraced	31
Detached	20
Shared house	5
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (49), and Social rented: Rents from council or Local Authority (34).

Private rented: Private landlord or letting agency	49
Social rented: Rents from council or Local Authority	34
Owned: Owns outright	32
Owned: Owns with a mortgage or loan	30
Shared ownership: Shared ownership	19
Social rented: Other social rented	6
Private rented: Other private rented	2
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the B31 1FQ have 1 person in household (66), and 2 people in household (45).

1 person in household	66
2 people in household	45
3 people in household	34
4 people in household	24
5 people in household	5
8 or more people in household	2
6 people in household	1
7 people in household	1
0 people in household	0