Housing Market Analysis for RESERVOIR CLOSE, B31 1TW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £86,250 median price is £86,250 Standard Deviation is £18,750 with Total Sold: 2
    • The Last 5 Year average price is £105,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 RESERVOIR CLOSE: £105,000 (Sold on 16 Dec 2019)
    • The first recorded sale happened at this postcode is 10 RESERVOIR CLOSE: £67,500 (Sold on 11 Aug 2006)
  • Semi-Detached
    • The average price is around £87,438 median price is £77,250 Standard Deviation is £28,718 with Total Sold: 8
    • The most recent sale happened at this postcode is 14 RESERVOIR CLOSE: £90,000 (Sold on 05 Oct 2018)
    • The first recorded sale happened at this postcode is 17 RESERVOIR CLOSE: £65,000 (Sold on 28 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 1TW 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£105,000 £869 1
2006£67,500 £559 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£90,000 £1,017 2
2015£160,000 £1,600 1
2014£77,250 £873 2
2008£70,0001
2006£67,5002

All the Sales in the RESERVOIR CLOSE, B31 1TW

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

AddressSold DatePrice% Change
10 RESERVOIR CLOSETerraced, LeaseholdArea: 120.77 Sq.mtrAge: 2003-200616 Dec 2019£105,00055.56%
11 Aug 2006£67,500First Sale
14 RESERVOIR CLOSESemi-Detached, LeaseholdArea: 88 Sq.mtrAge: 2007 onwards05 Oct 2018£90,00016.88%
28 Feb 2014£77,000First Sale
16 RESERVOIR CLOSESemi-Detached, LeaseholdArea: 89 Sq.mtrAge: 1991-199508 Feb 2018£90,00016.13%
24 Oct 2014£77,500First Sale
8 RESERVOIR CLOSESemi-Detached, LeaseholdArea: 100 Sq.mtrAge: 2003-200618 Aug 2015£160,000First Sale
15 RESERVOIR CLOSESemi-Detached, Leasehold01 Aug 2008£70,000First Sale
12 RESERVOIR CLOSESemi-Detached, Leasehold25 Aug 2006£70,000First Sale
17 RESERVOIR CLOSESemi-Detached, Leasehold28 Jul 2006£65,000First Sale

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

RESERVOIR CLOSE, B31 1TW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £113,482 median price is £110,500 Standard Deviation is £52,743 with Total Sold: 492
    • The Last 5 Year average price is £164,085 with Total Sold: 103
    • The most recent sale happened at this postcode is , 12 THE DELL: £275,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 98 TRESCOTT ROAD: £33,400 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £98,141 median price is £98,000 Standard Deviation is £44,802 with Total Sold: 579
    • The Last 5 Year average price is £146,165 with Total Sold: 89
    • 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)
  • Flat
    • The average price is around £107,266 median price is £102,750 Standard Deviation is £46,087 with Total Sold: 140
    • The Last 5 Year average price is £135,461 with Total Sold: 42
    • The most recent sale happened at this postcode is APARTMENT 1, 68 RHAYADER ROAD: £134,500 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 17 WHEATFIELD VIEW: £39,500 (Sold on 30 Aug 1995)
  • Detached
    • The average price is around £191,507 median price is £192,995 Standard Deviation is £52,307 with Total Sold: 94
    • The Last 5 Year average price is £245,074 with Total Sold: 18
    • The most recent sale happened at this postcode is , 42 BARTLEY CRESCENT: £300,000 (Sold on 09 Dec 2022)
    • The first recorded sale happened at this postcode is , 14 THE DELL: £54,000 (Sold on 23 Dec 1996)
  • Other
    • The average price is around £301,325 median price is £93,750 Standard Deviation is £527,546 with Total Sold: 6
    • The Last 5 Year average price is £405,112 with Total Sold: 4
    • The most recent sale happened at this postcode is , 72 LEY HILL FARM ROAD: £250 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is , 225 MERRITTS BROOK LANE: £80,000 (Sold on 22 Apr 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,800 £2,857 5
2023£169,079 £2,132 19
2022£191,111 £2,496 18
2021£158,957 £2,152 23
2020£159,818 £1,915 11
2019£136,861 £1,713 27
2018£138,843 £1,910 16
2017£107,271 £1,424 10
2016£130,417 £1,592 18
2015£142,330 £1,667 31
2014£131,907 £1,706 30
2013£106,778 £1,391 14
2012£130,449 £1,544 17
2011£113,761 £1,281 8
2010£133,892 £1,588 20
2009£117,116 £1,506 12
2008£109,790 £1,307 27
2007£108,990 £1,427 21
2006£98,500 £1,444 13
2005£106,833 £1,408 12
2004£107,406 £1,363 17
2003£76,600 £1,100 19
2002£66,576 £985 17
2001£54,485 £701 10
2000£50,408 £741 18
1999£51,950 £710 17
1998£34,350 £508 12
1997£42,158 £516 12
1996£38,015 £495 10
1995£44,112 £539 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£153,833 £2,117 6
2023£165,688 £2,553 8
2022£180,536 £2,449 9
2021£149,386 £2,019 22
2020£137,286 £2,116 21
2019£128,952 £1,835 23
2018£135,407 £1,970 22
2017£124,207 £1,728 29
2016£108,150 £1,622 20
2015£124,259 £1,717 28
2014£120,702 £1,762 36
2013£123,641 £1,540 15
2012£112,395 £1,664 15
2011£119,968 £1,719 21
2010£113,248 £1,585 16
2009£98,545 £2,184 11
2008£101,394 £1,526 22
2007£95,761 £1,379 37
2006£98,619 £1,468 18
2005£95,611 £1,514 19
2004£80,118 £1,364 24
2003£70,870 £1,014 23
2002£54,390 £848 26
2001£45,187 £752 15
2000£35,433 £525 15
1999£39,261 £630 19
1998£35,106 £463 26
1997£32,597 £460 15
1996£31,272 £440 9
1995£35,550 £500 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£158,778 £23,151 9
2022£143,446 £2,568 12
2021£113,429 £1,968 7
2020£132,625 £1,692 8
2019£114,000 £1,916 6
2018£110,269 £9,249 13
2017£80,643 £1,367 7
2016£79,417 £1,352 6
2015£76,742 £11,222 6
2014£98,049 £1,783 19
2013£150,417 £1,816 4
2012£94,443 £21,247 11
2011£77,663 £28,746 3
2010£112,928 £1,879 7
2009£102,655 £2,081 8
2008£98,500 £2,153 4
2007£88,630 £1,112 5
2003£48,000 £1,224 1
2001£28,0001
1999£76,150 £595 1
1998£16,000 £190 1
1995£39,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£272,875 £2,802 4
2021£231,691 £2,265 7
2020£218,667 £2,418 3
2019£260,500 £2,222 4
2018£192,667 £2,222 3
2017£172,500 £2,006 1
2016£205,200 £2,041 5
2015£198,349 £1,938 5
2014£186,747 £1,890 11
2013£194,469 £1,806 9
2012£188,789 £1,680 7
2011£181,838 £1,553 7
2010£200,000 £1,887 1
2009£180,000 £2,310 8
2008£204,497 £1,952 5
2007£184,164 £1,774 6
2006£147,5001
2005£90,0001
2001£45,0001
2000£87,500 £1,006 1
1999£75,150 £954 2
1997£81,500 £637 1
1996£54,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£72,625 £2,589 2
2021£1,475,0001
2020£200 £2 1
2018£107,500 £2,194 1
2015£80,0001

House Type in B31 1TW area

The most common house types in the B31 1TW postcode area are Semi-detached (92), Flat (24), and Terraced (23).

Total162
Semi-detached92
Flat24
Terraced23
Detached22
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (61), and Owned: Owns with a mortgage or loan (43).

Social rented: Other social rented61
Owned: Owns with a mortgage or loan43
Shared ownership: Shared ownership26
Private rented: Private landlord or letting agency12
Owned: Owns outright7
Social rented: Rents from council or Local Authority7
Private rented: Other private rented4
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the B31 1TW have 1 person in household (47), and 2 people in household (41).

1 person in household47
2 people in household41
3 people in household31
4 people in household30
5 people in household10
6 people in household2
7 people in household2
8 or more people in household1
0 people in household0