Housing Market Analysis for B31 1LR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B31 1LR 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.

    All the Sales in the B31 1LR

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

    AddressSold DatePrice% Change

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

    B31 1LR Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £120,954 median price is £114,500 Standard Deviation is £64,796 with Total Sold: 539
      • The Last 5 Year average price is £199,203 with Total Sold: 92
      • The most recent sale happened at this postcode is , 36 LONG MYND ROAD: £288,000 (Sold on 27 Sep 2024)
      • The first recorded sale happened at this postcode is , 15 COLN CLOSE: £50,000 (Sold on 10 Feb 1995)
    • Semi-Detached
      • The average price is around £144,223 median price is £137,500 Standard Deviation is £70,995 with Total Sold: 691
      • The Last 5 Year average price is £225,203 with Total Sold: 146
      • The most recent sale happened at this postcode is , 10 COLN CLOSE: £287,000 (Sold on 26 Sep 2024)
      • The first recorded sale happened at this postcode is , 36 VERBENA ROAD: £69,500 (Sold on 27 Jan 1995)
    • Flat
      • The average price is around £104,998 median price is £104,000 Standard Deviation is £46,134 with Total Sold: 79
      • The Last 5 Year average price is £132,561 with Total Sold: 27
      • The most recent sale happened at this postcode is , 11 BELL COURT: £138,000 (Sold on 12 Dec 2023)
      • The first recorded sale happened at this postcode is , 54 COLWORTH ROAD: £76,150 (Sold on 28 May 1999)
    • Detached
      • The average price is around £146,747 median price is £129,075 Standard Deviation is £64,199 with Total Sold: 192
      • The Last 5 Year average price is £289,438 with Total Sold: 14
      • The most recent sale happened at this postcode is , 11 FOXFIELD: £560,000 (Sold on 24 Nov 2023)
      • The first recorded sale happened at this postcode is , 80 SPICELAND ROAD: £59,950 (Sold on 17 Jan 1997)
    • Other
      • The average price is around £195,128 median price is £70,250 Standard Deviation is £368,532 with Total Sold: 14
      • The Last 5 Year average price is £190,565 with Total Sold: 12
      • The most recent sale happened at this postcode is , 78 LONG MYND ROAD: £19,000 (Sold on 26 Jul 2023)
      • The first recorded sale happened at this postcode is , 15 COLN CLOSE: £225,000 (Sold on 17 Nov 2017)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£212,000 £2,035 9
    2023£236,500 £3,108 6
    2022£232,482 £2,954 14
    2021£206,286 £2,540 28
    2020£168,250 £2,562 16
    2019£172,471 £2,142 19
    2018£160,778 £2,029 16
    2017£161,755 £2,080 20
    2016£152,400 £1,785 10
    2015£135,677 £1,695 19
    2014£151,046 £1,925 18
    2013£140,079 £1,601 19
    2012£147,123 £1,670 11
    2011£99,382 £1,366 11
    2010£108,095 £1,431 10
    2009£115,500 £1,587 12
    2008£115,988 £1,712 8
    2007£128,956 £1,620 25
    2006£129,166 £1,762 19
    2005£128,776 £1,640 36
    2004£112,581 £1,506 27
    2003£100,066 £1,274 31
    2002£84,190 £968 29
    2001£56,948 £875 24
    2000£55,652 £826 16
    1999£55,639 £886 23
    1998£48,963 £596 15
    1997£47,111 £444 18
    1996£51,897 £619 16
    1995£44,620 £539 14
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£242,773 £2,783 11
    2023£245,987 £2,851 30
    2022£250,163 £2,818 23
    2021£215,561 £2,574 33
    2020£213,670 £2,381 23
    2019£194,152 £2,245 26
    2018£190,241 £2,231 35
    2017£182,491 £2,029 26
    2016£155,037 £1,881 31
    2015£163,074 £1,801 26
    2014£162,188 £1,829 18
    2013£138,078 £1,707 25
    2012£170,333 £1,755 9
    2011£153,906 £1,625 17
    2010£143,599 £1,514 16
    2009£135,030 £1,679 10
    2008£165,980 £1,613 10
    2007£139,464 £1,760 28
    2006£161,305 £1,627 21
    2005£139,529 £1,748 17
    2004£127,519 £1,619 34
    2003£104,640 £1,327 24
    2002£96,842 £1,097 32
    2001£74,012 £983 29
    2000£67,921 £896 47
    1999£67,643 £851 44
    1998£59,093 £746 15
    1997£53,606 £602 9
    1996£53,562 £612 13
    1995£56,667 £595 9
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£181,333 £2,508 6
    2022£128,225 £2,230 4
    2021£95,500 £1,870 5
    2020£154,250 £1,918 6
    2019£95,875 £1,628 6
    2018£97,000 £1,625 5
    2017£98,500 £1,599 2
    2016£83,488 £1,335 4
    2015£220,000 £1,833 1
    2014£94,816 £1,801 18
    2013£94,826 £1,325 3
    2012£40,000 £696 1
    2011£78,000 £901 2
    2010£85,250 £1,081 2
    2008£60,475 £1,050 3
    2007£70,860 £906 4
    2006£91,500 £1,481 2
    2002£114,0001
    2001£121,700 £1,252 1
    2000£81,175 £993 2
    1999£76,150 £595 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£353,000 £3,683 5
    2022£220,000 £2,634 2
    2021£280,113 £2,707 3
    2020£259,790 £2,345 1
    2019£249,000 £2,763 3
    2018£231,667 £2,417 3
    2017£234,000 £2,535 2
    2016£214,250 £2,124 2
    2015£200,082 £2,268 6
    2014£189,294 £2,058 10
    2013£186,347 £1,737 5
    2012£147,000 £1,541 2
    2011£156,500 £1,540 2
    2010£168,500 £1,749 5
    2009£165,583 £1,908 3
    2008£156,875 £2,037 4
    2007£166,428 £2,138 7
    2006£169,083 £2,158 6
    2005£194,500 £1,842 6
    2004£164,278 £1,870 9
    2003£158,556 £1,743 8
    2002£118,125 £1,194 10
    2001£101,982 £1,154 42
    2000£101,208 £1,134 24
    1999£93,532 £1,047 18
    1998£67,483 £719 3
    1997£59,950 £786 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£9,750 £4 2
    2022£124,744 £2,756 4
    2021£588,500 £3,418 3
    2020£937 £15 3
    2018£220,000 £2,444 1
    2017£225,000 £2,848 1

    House Type in B31 1LR area

    The most common house types in the B31 1LR postcode area are Semi-detached (108), Terraced (14), and Detached (2).

    Total125
    Semi-detached108
    Terraced14
    Detached2
    commercial building1
    Flat0
    Shared house0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (43), and Owned: Owns outright (35).

    Social rented: Other social rented43
    Owned: Owns outright35
    Owned: Owns with a mortgage or loan33
    Private rented: Private landlord or letting agency7
    Social rented: Rents from council or Local Authority4
    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 1LR have 2 people in household (38), and 1 person in household (32).

    2 people in household38
    1 person in household32
    3 people in household28
    4 people in household18
    5 people in household6
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0