Housing Market Analysis for B31 1LY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B31 1LY 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 1LY

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

    AddressSold DatePrice% Change

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

    B31 1LY Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £130,086 median price is £122,000 Standard Deviation is £66,072 with Total Sold: 863
      • The Last 5 Year average price is £217,221 with Total Sold: 149
      • 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 £153,007 median price is £138,750 Standard Deviation is £73,303 with Total Sold: 216
      • 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 , 17 LOCKWOOD ROAD: £65,000 (Sold on 19 Jul 1996)
    • Terraced
      • The average price is around £106,613 median price is £99,975 Standard Deviation is £59,062 with Total Sold: 694
      • The Last 5 Year average price is £184,982 with Total Sold: 101
      • 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 £119,548 median price is £113,000 Standard Deviation is £67,146 with Total Sold: 82
      • The Last 5 Year average price is £155,971 with Total Sold: 42
      • 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 £353,898 median price is £145,000 Standard Deviation is £469,068 with Total Sold: 39
      • The Last 5 Year average price is £304,046 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£232,667 £2,657 6
    2023£244,221 £2,897 28
    2022£248,540 £2,858 25
    2021£203,423 £2,489 33
    2020£204,820 £2,449 20
    2019£192,132 £2,295 37
    2018£185,411 £2,340 37
    2017£173,018 £1,958 26
    2016£160,124 £1,976 29
    2015£157,612 £1,864 27
    2014£139,971 £1,662 17
    2013£132,056 £1,743 35
    2012£155,000 £1,790 8
    2011£139,950 £1,521 21
    2010£126,349 £1,428 19
    2009£114,661 £1,489 14
    2008£133,763 £1,574 26
    2007£135,274 £1,743 37
    2006£138,457 £1,605 34
    2005£129,017 £1,651 24
    2004£119,836 £1,599 55
    2003£104,558 £1,297 36
    2002£89,694 £1,052 43
    2001£70,280 £954 37
    2000£69,137 £917 55
    1999£64,149 £794 53
    1998£53,990 £609 25
    1997£54,953 £580 18
    1996£47,514 £591 22
    1995£48,031 £470 16
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£345,0001
    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£234,000 £2,535 2
    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£145,833 £1,811 3
    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£57,750 £719 2
    1997£94,3333
    1996£65,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£173,333 £1,747 6
    2023£231,833 £2,805 12
    2022£211,797 £2,629 16
    2021£203,308 £2,431 26
    2020£158,872 £2,332 20
    2019£143,286 £1,860 21
    2018£147,452 £1,872 28
    2017£128,094 £1,643 18
    2016£124,667 £1,600 18
    2015£122,110 £1,520 26
    2014£124,260 £1,524 15
    2013£109,706 £1,369 17
    2012£125,600 £1,453 9
    2011£102,390 £1,329 14
    2010£107,291 £1,374 17
    2009£114,500 £1,493 13
    2008£107,357 £1,483 15
    2007£125,199 £1,547 37
    2006£120,135 £1,688 23
    2005£121,710 £1,534 46
    2004£105,535 £1,453 33
    2003£96,765 £1,237 45
    2002£76,223 £1,000 31
    2001£57,200 £983 37
    2000£50,868 £738 27
    1999£48,809 £700 35
    1998£40,186 £562 22
    1997£43,740 £454 30
    1996£46,711 £560 18
    1995£42,531 £479 19
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£163,0001
    2023£147,388 £2,445 4
    2022£184,222 £3,227 18
    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£105,000 £1,334 2
    2012£40,000 £696 1
    2011£58,667 £901 3
    2010£85,250 £1,081 2
    2008£60,475 £1,050 3
    2007£69,480 £1,033 3
    2006£91,500 £1,481 2
    2002£92,0002
    2001£76,850 £1,252 2
    2000£81,175 £993 2
    1999£76,150 £595 1
    1996£40,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£138,2502
    2023£138,500 £4 3
    2022£505,732 £3,248 7
    2021£459,357 £8,438 7
    2020£54,923 £770 9
    2019£494,500 £579 3
    2018£678,5002
    2017£162,4752
    2015£673,662 £14,394 4

    House Type in B31 1LY area

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

    Total176
    Flat67
    Semi-detached52
    Terraced31
    Detached20
    Shared house5
    commercial building1
    converted building0
    temporary structure0

    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 agency49
    Social rented: Rents from council or Local Authority34
    Owned: Owns outright32
    Owned: Owns with a mortgage or loan30
    Shared ownership: Shared ownership19
    Social rented: Other social rented6
    Private rented: Other private rented2
    Lives rent free1
    Does not apply0

    Number of People in a Household

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

    1 person in household66
    2 people in household45
    3 people in household34
    4 people in household24
    5 people in household5
    8 or more people in household2
    6 people in household1
    7 people in household1
    0 people in household0