Housing Market Analysis for INVERNESS ROAD, B31 1RE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £49,950 median price is £49,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 93 INVERNESS ROAD: £49,950 (Sold on 23 May 1997)
    • The first recorded sale happened at this postcode is 93 INVERNESS ROAD: £49,950 (Sold on 23 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 1RE 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£49,950 £476 1

All the Sales in the INVERNESS ROAD, B31 1RE

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

AddressSold DatePrice% Change
93 INVERNESS ROADSemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1930-194923 May 1997£49,950First Sale

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

INVERNESS ROAD, B31 1RE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £118,712 median price is £111,875 Standard Deviation is £62,492 with Total Sold: 1,210
    • The Last 5 Year average price is £204,845 with Total Sold: 223
    • The most recent sale happened at this postcode is , 116 WEST PARK AVENUE: £247,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 ELMDALE GROVE: £39,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £104,912 median price is £100,000 Standard Deviation is £54,306 with Total Sold: 994
    • The Last 5 Year average price is £170,279 with Total Sold: 177
    • The most recent sale happened at this postcode is , 27 KELBY CLOSE: £194,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 43 TUDBURY ROAD: £40,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £181,681 median price is £154,950 Standard Deviation is £101,043 with Total Sold: 83
    • The Last 5 Year average price is £335,357 with Total Sold: 14
    • The most recent sale happened at this postcode is , 97 HANGING LANE: £355,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 1069 BRISTOL ROAD SOUTH: £58,500 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £1,303,361 median price is £200,000 Standard Deviation is £4,743,389 with Total Sold: 24
    • The Last 5 Year average price is £1,787,482 with Total Sold: 16
    • The most recent sale happened at this postcode is , 23 CHEVERTON ROAD: £350,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 946 BRISTOL ROAD SOUTH: £330,000 (Sold on 01 Jul 2015)
  • Flat
    • The average price is around £74,581 median price is £76,000 Standard Deviation is £28,145 with Total Sold: 168
    • The Last 5 Year average price is £104,127 with Total Sold: 30
    • The most recent sale happened at this postcode is , 19 LOMAS DRIVE: £111,300 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is FLAT 4, BOSMERE COURT, 991 BRISTOL ROAD SOUTH: £40,000 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,912 £2,767 17
2023£212,885 £2,677 44
2022£226,650 £2,874 43
2021£201,448 £2,396 45
2020£169,198 £1,996 26
2019£187,661 £2,203 48
2018£165,193 £2,155 36
2017£146,208 £1,839 34
2016£149,904 £1,815 35
2015£133,530 £1,607 31
2014£129,915 £1,598 43
2013£127,047 £1,592 35
2012£115,068 £1,392 25
2011£108,050 £1,363 28
2010£108,279 £1,349 18
2009£107,609 £1,358 22
2008£123,706 £1,547 39
2007£127,367 £1,551 60
2006£124,944 £1,547 57
2005£112,337 £1,468 50
2004£117,511 £1,485 57
2003£92,337 £1,217 56
2002£78,735 £980 61
2001£69,048 £891 61
2000£54,794 £637 35
1999£47,391 £632 45
1998£49,587 £589 46
1997£44,970 £565 42
1996£43,403 £567 37
1995£43,850 £543 34
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,917 £2,420 12
2023£192,586 £2,456 29
2022£181,204 £2,411 36
2021£169,939 £2,266 33
2020£154,714 £2,007 35
2019£144,784 £1,848 32
2018£140,633 £1,934 35
2017£133,273 £1,724 41
2016£129,028 £1,674 32
2015£107,758 £1,460 31
2014£106,017 £1,417 26
2013£99,379 £1,328 21
2012£99,975 £1,306 20
2011£95,468 £1,258 20
2010£107,396 £1,300 25
2009£100,228 £1,291 25
2008£114,407 £1,413 23
2007£128,166 £1,513 49
2006£110,120 £1,425 40
2005£110,627 £1,454 58
2004£100,913 £1,383 42
2003£85,515 £1,149 43
2002£75,940 £873 39
2001£62,122 £843 44
2000£46,437 £589 34
1999£43,846 £530 43
1998£42,231 £512 35
1997£43,985 £560 38
1996£43,482 £584 33
1995£47,645 £571 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,0001
2023£266,500 £2,902 4
2022£345,000 £3,491 3
2021£450,667 £3,355 3
2020£322,500 £2,609 2
2019£242,000 £2,498 1
2017£181,488 £2,188 4
2016£293,000 £2,362 3
2015£265,000 £2,127 1
2014£185,000 £1,831 2
2013£249,238 £1,779 4
2011£192,200 £1,829 5
2010£250,000 £1,486 1
2009£163,000 £1,042 2
2008£198,000 £1,333 2
2007£187,983 £2,214 3
2005£139,000 £1,273 4
2004£147,5001
2003£128,600 £756 5
2002£147,000 £1,264 3
2001£102,620 £1,162 10
2000£127,000 £944 3
1999£126,000 £923 3
1998£103,317 £728 3
1997£108,500 £747 2
1996£65,100 £736 5
1995£75,1673
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,7502
2023£203,750 £2,836 4
2021£6,568,7504
2020£1,355 £23 2
2019£262,375 £2,738 4
2018£405,200 £1,768 5
2017£162,4752
2015£330,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£110,788 £1,675 8
2022£108,400 £1,884 5
2021£97,500 £1,602 4
2020£101,250 £1,721 6
2019£99,714 £1,902 7
2018£97,583 £1,656 6
2017£94,750 £1,697 4
2016£85,000 £1,452 5
2015£77,667 £1,289 6
2014£87,667 £1,773 6
2013£80,990 £1,434 5
2012£65,744 £2,023 8
2011£66,929 £1,246 7
2010£64,667 £1,241 3
2009£68,975 £1,348 2
2008£88,725 £1,434 2
2007£106,080 £1,741 5
2006£96,750 £1,569 6
2005£98,438 £1,769 8
2004£88,071 £1,528 7
2003£73,988 £1,202 4
2002£50,027 £699 7
2001£49,697 £809 16
2000£42,800 £768 5
1999£37,257 £600 7
1998£36,429 £606 7
1997£35,833 £592 6
1996£34,0002
1995£36,625 £584 4

House Type in B31 1RE area

The most common house types in the B31 1RE postcode area are Terraced (59), Semi-detached (40), and Shared house (8).

Total114
Terraced59
Semi-detached40
Shared house8
Detached5
Flat2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (34), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan34
Owned: Owns outright33
Social rented: Rents from council or Local Authority27
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership2
Social rented: Other social rented2
Lives rent free2
Private rented: Other private rented1
Does not apply0

Number of People in a Household

The most houses in the B31 1RE have 2 people in household (32), and 1 person in household (29).

2 people in household32
1 person in household29
4 people in household21
3 people in household14
5 people in household12
6 people in household3
8 or more people in household2
7 people in household1
0 people in household0