Housing Market Analysis for MERRITTS BROOK LANE, B31 1PW

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

Overview of Sold House prices

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

  • Other
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 MERRITTS BROOK LANE: £120,000 (Sold on 25 Jul 2022)
    • The first recorded sale happened at this postcode is 7 MERRITTS BROOK LANE: £120,000 (Sold on 25 Jul 2022)
  • Semi-Detached
    • The average price is around £93,500 median price is £79,500 Standard Deviation is £42,240 with Total Sold: 4
    • The Last 5 Year average price is £100,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 MERRITTS BROOK LANE: £100,000 (Sold on 16 Feb 2021)
    • The first recorded sale happened at this postcode is 5 MERRITTS BROOK LANE: £55,000 (Sold on 28 May 2002)
  • Terraced
    • The average price is around £70,375 median price is £68,000 Standard Deviation is £24,896 with Total Sold: 8
    • The Last 5 Year average price is £68,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 MERRITTS BROOK LANE: £70,000 (Sold on 23 Jan 2020)
    • The first recorded sale happened at this postcode is 3 MERRITTS BROOK LANE: £48,500 (Sold on 07 Jul 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 1PW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£120,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£100,0001
2018£160,000 £1,839 1
2003£59,000 £670 1
2002£55,000 £625 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£70,0001
2019£66,0001
2015£105,000 £1,193 1
2007£70,000 £795 1
2004£114,0001
2002£40,0001
2001£49,5001
2000£48,5001

All the Sales in the MERRITTS BROOK LANE, B31 1PW

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

AddressSold DatePrice% Change
7 MERRITTS BROOK LANEOther, Freehold25 Jul 2022£120,00071.43%
23 Jan 2020£70,0006.06%
15 Aug 2019£66,00065.00%
26 Feb 2002£40,000First Sale
21 MERRITTS BROOK LANESemi-Detached, Freehold16 Feb 2021£100,000First Sale
25A MERRITTS BROOK LANESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1996-200230 Apr 2018£160,000First Sale
5 MERRITTS BROOK LANETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197525 Sep 2015£105,00050.00%
01 Jun 2007£70,00018.64%
30 May 2003£59,0007.27%
28 May 2002£55,000First Sale
3 MERRITTS BROOK LANETerraced, Freehold05 Nov 2004£114,000130.30%
30 Nov 2001£49,5002.06%
07 Jul 2000£48,500First Sale

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

MERRITTS BROOK LANE, B31 1PW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £136,071 median price is £125,000 Standard Deviation is £69,000 with Total Sold: 754
    • The Last 5 Year average price is £219,625 with Total Sold: 146
    • The most recent sale happened at this postcode is , 35 WIRRAL ROAD: £255,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 36 VERBENA ROAD: £69,500 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £113,259 median price is £103,000 Standard Deviation is £61,326 with Total Sold: 615
    • The Last 5 Year average price is £189,396 with Total Sold: 99
    • 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 , 17 FANCOTT ROAD: £1,185 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £238,496 median price is £157,000 Standard Deviation is £335,472 with Total Sold: 18
    • The Last 5 Year average price is £229,808 with Total Sold: 16
    • 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 , 701 BRISTOL ROAD SOUTH: £396,000 (Sold on 28 May 2015)
  • Flat
    • The average price is around £105,690 median price is £99,875 Standard Deviation is £60,025 with Total Sold: 86
    • The Last 5 Year average price is £141,005 with Total Sold: 29
    • 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 £147,060 median price is £129,400 Standard Deviation is £64,221 with Total Sold: 191
    • 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,000 £2,783 7
2023£243,181 £2,814 31
2022£244,028 £2,746 27
2021£209,597 £2,544 31
2020£199,220 £2,158 20
2019£194,165 £2,229 30
2018£189,469 £2,270 34
2017£173,250 £1,939 22
2016£154,737 £1,868 28
2015£157,081 £1,826 25
2014£145,363 £1,729 19
2013£133,048 £1,652 28
2012£158,000 £1,775 9
2011£154,462 £1,623 16
2010£138,912 £1,538 16
2009£115,438 £1,507 12
2008£138,168 £1,555 19
2007£137,879 £1,739 29
2006£145,570 £1,632 31
2005£133,348 £1,693 20
2004£122,957 £1,564 46
2003£103,200 £1,286 33
2002£96,608 £1,113 32
2001£72,576 £964 34
2000£69,256 £902 48
1999£65,410 £815 49
1998£55,344 £746 17
1997£54,925 £576 14
1996£49,831 £586 16
1995£51,818 £536 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£174,286 £1,747 7
2023£219,800 £3,064 10
2022£221,942 £2,873 13
2021£200,862 £2,422 29
2020£172,325 £2,501 20
2019£158,772 £2,095 20
2018£152,896 £2,048 25
2017£140,732 £1,913 22
2016£128,000 £1,679 13
2015£130,970 £1,653 21
2014£142,492 £1,875 20
2013£133,875 £1,626 16
2012£135,935 £1,578 10
2011£106,426 £1,381 14
2010£104,073 £1,374 13
2009£111,636 £1,558 11
2008£108,100 £1,701 9
2007£122,505 £1,638 31
2006£119,652 £1,672 24
2005£123,559 £1,633 41
2004£101,148 £1,446 30
2003£95,312 £1,225 37
2002£78,953 £949 35
2001£60,438 £1,068 29
2000£53,174 £797 20
1999£51,346 £805 25
1998£38,419 £527 18
1997£42,270 £437 22
1996£49,397 £568 16
1995£43,220 £555 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,0001
2023£500 £4 1
2022£154,825 £3,248 5
2021£587,625 £8,438 4
2020£76,562 £828 5
2018£220,000 £2,444 1
2015£396,0001
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£135,656 £1,628 8
2018£97,000 £1,625 5
2017£98,500 £1,599 2
2016£79,190 £1,385 5
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£71,188 £1,142 5
2006£91,500 £1,481 2
2003£48,000 £1,224 1
2002£92,0002
2001£76,850 £1,252 2
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£57,750 £719 2
1997£59,950 £786 1

House Type in B31 1PW area

The most common house types in the B31 1PW postcode area are Semi-detached (60), Terraced (40), and Flat (11).

Total123
Semi-detached60
Terraced40
Flat11
Shared house7
Detached4
temporary structure1
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (61), and Owned: Owns with a mortgage or loan (25).

Social rented: Rents from council or Local Authority61
Owned: Owns with a mortgage or loan25
Owned: Owns outright20
Private rented: Private landlord or letting agency13
Social rented: Other social rented3
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the B31 1PW have 1 person in household (42), and 2 people in household (34).

1 person in household42
2 people in household34
3 people in household20
4 people in household14
5 people in household11
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0