Housing Market Analysis for INVERNESS ROAD, B31 1RG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £114,685 median price is £113,000 Standard Deviation is £42,024 with Total Sold: 13
    • The Last 5 Year average price is £175,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 INVERNESS ROAD: £225,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 4 INVERNESS ROAD: £55,500 (Sold on 19 Apr 2001)
  • Terraced
    • The average price is around £103,931 median price is £100,000 Standard Deviation is £38,566 with Total Sold: 10
    • The Last 5 Year average price is £141,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 INVERNESS ROAD: £152,000 (Sold on 29 Sep 2021)
    • The first recorded sale happened at this postcode is 7 INVERNESS ROAD: £65,000 (Sold on 21 Feb 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 1RG 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
2023£225,000 £3,409 1
2022£125,000 £1,524 1
2017£130,000 £1,614 1
2014£132,000 £1,435 1
2011£100,000 £1,241 1
2009£105,000 £1,180 2
2007£112,400 £1,395 1
2006£135,000 £1,311 1
2005£113,000 £1,712 1
2004£100,000 £971 1
2001£54,250 £602 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£152,000 £2,075 1
2020£131,500 £1,963 1
2017£152,750 £1,483 1
2016£100,000 £971 1
2015£122,500 £1,386 2
2010£77,000 £1,051 1
2003£60,353 £970 3

All the Sales in the INVERNESS ROAD, B31 1RG

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

AddressSold DatePrice% Change
5 INVERNESS ROADSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-194928 Jul 2023£225,00099.12%
07 Oct 2005£113,000First Sale
8 INVERNESS ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1900-192908 Apr 2022£125,000First Sale
12 INVERNESS ROADTerraced, FreeholdArea: 73.26 Sq.mtrAge: 1930-194929 Sep 2021£152,00052.00%
16 Jan 2015£100,00029.87%
26 Nov 2010£77,000First Sale
7 INVERNESS ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-192917 Jan 2020£131,500102.31%
21 Feb 2003£65,000First Sale
20 INVERNESS ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 1950-196614 Jul 2017£152,75052.75%
22 Jan 2016£100,000-31.03%
14 Jan 2015£145,0007.41%
21 Sep 2006£135,00035.00%
19 Jul 2004£100,00088.68%
09 Nov 2001£53,000First Sale
4 INVERNESS ROADSemi-Detached, FreeholdArea: 80.56 Sq.mtrAge: 1930-194923 Jun 2017£130,00030.00%
25 Feb 2011£100,000-11.03%
23 Mar 2007£112,400102.52%
19 Apr 2001£55,500First Sale
15 INVERNESS ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-194919 Dec 2014£132,000-2.22%
09 Dec 2009£135,000First Sale
18 INVERNESS ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1900-192931 Jul 2009£75,000First Sale
10 INVERNESS ROADTerraced, Freehold12 May 2003£83,000First Sale
22 INVERNESS ROADTerraced, Freehold03 Mar 2003£33,060First Sale

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

INVERNESS ROAD, B31 1RG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £100,170 median price is £97,500 Standard Deviation is £50,365 with Total Sold: 1,176
    • The Last 5 Year average price is £165,200 with Total Sold: 192
    • The most recent sale happened at this postcode is , 89 HONITON CRESCENT: £118,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 43 TUDBURY ROAD: £40,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £114,801 median price is £108,500 Standard Deviation is £58,639 with Total Sold: 1,196
    • The Last 5 Year average price is £198,926 with Total Sold: 211
    • The most recent sale happened at this postcode is , 51 FAIRWAY: £265,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 ELMDALE GROVE: £39,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £92,331 median price is £85,000 Standard Deviation is £53,784 with Total Sold: 178
    • The Last 5 Year average price is £142,496 with Total Sold: 51
    • 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 FLAT 4, BOSMERE COURT, 991 BRISTOL ROAD SOUTH: £40,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £966,327 median price is £185,000 Standard Deviation is £3,761,624 with Total Sold: 39
    • The Last 5 Year average price is £1,131,028 with Total Sold: 29
    • 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 , 225 MERRITTS BROOK LANE: £80,000 (Sold on 22 Apr 2015)
  • Detached
    • The average price is around £142,312 median price is £119,950 Standard Deviation is £67,704 with Total Sold: 201
    • The Last 5 Year average price is £296,914 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 , 976 BRISTOL ROAD SOUTH: £107,000 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,036 £2,051 14
2023£191,493 £2,433 29
2022£188,729 £2,393 32
2021£162,375 £2,175 36
2020£153,458 £2,054 37
2019£141,406 £1,846 44
2018£135,283 £1,862 41
2017£122,345 £1,623 47
2016£119,650 £1,604 41
2015£104,544 £1,431 34
2014£106,469 £1,470 34
2013£97,580 £1,282 25
2012£101,172 £1,345 20
2011£93,516 £1,279 23
2010£102,669 £1,307 26
2009£100,050 £1,299 24
2008£111,317 £1,470 32
2007£121,190 £1,495 61
2006£108,940 £1,474 49
2005£106,628 £1,429 65
2004£98,526 £1,433 56
2003£79,741 £1,108 61
2002£70,913 £924 49
2001£63,042 £964 61
2000£47,004 £663 42
1999£44,926 £600 51
1998£40,921 £525 41
1997£38,237 £501 45
1996£42,777 £537 37
1995£44,626 £557 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£224,208 £2,606 12
2023£212,554 £2,708 38
2022£221,589 £2,834 36
2021£195,142 £2,400 54
2020£171,541 £2,191 28
2019£183,438 £2,220 43
2018£159,666 £2,220 37
2017£146,289 £1,869 29
2016£131,870 £1,724 22
2015£132,019 £1,661 34
2014£127,552 £1,558 36
2013£126,992 £1,665 43
2012£114,705 £1,415 22
2011£110,366 £1,381 19
2010£114,392 £1,434 20
2009£106,020 £1,400 22
2008£119,000 £1,483 37
2007£125,480 £1,605 52
2006£125,251 £1,614 55
2005£117,558 £1,541 42
2004£115,067 £1,523 61
2003£91,702 £1,245 56
2002£79,429 £1,010 71
2001£68,339 £955 65
2000£61,309 £851 58
1999£55,352 £709 68
1998£47,374 £575 39
1997£44,444 £608 42
1996£44,967 £581 32
1995£44,870 £618 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,0001
2023£109,043 £1,600 7
2022£173,450 £3,003 20
2021£97,600 £1,289 5
2020£131,250 £1,723 8
2019£133,400 £1,688 10
2018£97,929 £1,594 7
2017£91,333 £1,671 3
2016£85,600 £1,393 5
2015£95,962 £1,300 8
2014£84,750 £1,477 6
2013£81,238 £1,459 4
2012£65,242 £2,320 6
2011£66,000 £1,242 6
2010£60,000 £1,016 1
2009£68,975 £1,348 2
2008£88,725 £1,434 2
2007£106,350 £1,732 4
2006£95,438 £1,544 8
2005£98,438 £1,769 8
2004£89,000 £1,542 5
2003£79,000 £1,455 2
2002£63,027 £719 7
2001£56,158 £871 13
2000£53,764 £843 7
1999£45,492 £627 6
1998£37,792 £624 6
1997£35,833 £592 6
1996£28,0001
1995£36,625 £584 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£208,8333
2023£163,100 £1,420 5
2022£970,333 £2,589 3
2021£3,885,000 £8,438 7
2020£18,885 £146 6
2019£227,700 £1,411 5
2018£466,750 £2,176 4
2017£162,4752
2015£673,750 £14,394 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£310,000 £3,399 6
2022£285,000 £2,869 2
2021£306,250 £3,069 4
2020£259,790 £2,345 1
2019£242,000 £2,498 1
2018£205,000 £2,253 1
2017£188,167 £2,366 6
2016£244,375 £2,128 4
2015£223,000 £2,191 1
2014£161,328 £1,952 9
2013£155,000 £1,360 1
2012£154,000 £1,203 1
2011£197,750 £1,867 4
2010£177,575 £1,705 6
2009£165,583 £1,908 3
2008£191,7502
2007£159,983 £2,190 6
2006£175,125 £2,238 4
2005£168,111 £1,640 9
2004£162,600 £1,870 10
2003£147,768 £1,496 11
2002£117,932 £1,194 11
2001£100,908 £1,150 48
2000£102,884 £1,121 26
1999£98,038 £1,055 15
1998£94,975 £728 2
1997£117,000 £775 1
1996£57,6254
1995£83,5002

House Type in B31 1RG area

The most common house types in the B31 1RG postcode area are Terraced (84), Semi-detached (67), and Detached (7).

Total164
Terraced84
Semi-detached67
Detached7
Shared house4
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 (41), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan41
Owned: Owns outright33
Social rented: Rents from council or Local Authority32
Private rented: Private landlord or letting agency24
Social rented: Other social rented17
Shared ownership: Shared ownership11
Private rented: Other private rented3
Lives rent free3
Does not apply0

Number of People in a Household

The most houses in the B31 1RG have 2 people in household (48), and 3 people in household (41).

2 people in household48
3 people in household41
1 person in household31
4 people in household26
5 people in household12
6 people in household4
7 people in household2
8 or more people in household1
0 people in household0