Housing Market Analysis for REA ROAD, B31 2PW

Are you looking to understand B31 2PW 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 2PW area, explore the B31 2PW Area information page.
For comprehensive crime statistics in the B31 2PW area, explore the B31 2PW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B31 2PW postcode area, The average prices are as follows,

Flat
- The average price is around £124,892 median price is £126,000 Standard Deviation is £17,355 with Total Sold: 64
- The Last 5 Year average price is £132,203 with Total Sold: 19
- The most recent sale happened at this postcode is APARTMENT 9, 124 REA ROAD: £140,000 (Sold on 25 Mar 2024)
- The first recorded sale happened at this postcode is 72 REA ROAD: £39,609 (Sold on 07 Jun 2024)
Semi-Detached
- The average price is around £189,550 median price is £184,950 Standard Deviation is £39,712 with Total Sold: 7
- The Last 5 Year average price is £187,500 with Total Sold: 2
- The most recent sale happened at this postcode is 156 REA ROAD: £115,000 (Sold on 21 Dec 2023)
- The first recorded sale happened at this postcode is 130 REA ROAD: £190,000 (Sold on 08 Apr 2011)
Terraced
- The average price is around £128,171 median price is £131,875 Standard Deviation is £64,866 with Total Sold: 12
- The Last 5 Year average price is £160,000 with Total Sold: 2
- The most recent sale happened at this postcode is 154 REA ROAD: £90,000 (Sold on 20 Mar 2020)
- The first recorded sale happened at this postcode is 62 REA ROAD: £65,000 (Sold on 05 Sep 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 2PW 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,268	£2,617	6
2023	£145,000	£2,520	2
2022	£140,000	£2,481	2
2021	£129,500	£2,030	3
2020	£128,188	£2,047	4
2019	£129,500	£2,167	2
2018	£131,250	£2,013	2
2017	£130,667	£2,269	3
2016	£125,500	£2,129	2
2015	£111,000	£1,760	1
2014	£112,988	£1,831	4
2013	£115,975	£1,966	4
2012	£115,000	£1,533	1
2008	£124,000	£2,480	1
2007	£123,667	£1,947	3
2005	£122,452	£1,990	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£115,000		1
2021	£260,000	£2,705	1
2017	£210,000	£2,185	1
2011	£185,462	£1,868	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£160,000	£1,656	2
2018	£55,500	£716	1
2016	£161,583	£1,622	3
2012	£173,975	£1,626	2
2011	£88,283	£1,084	3
2007	£65,000		1

All the Sales in the REA ROAD, B31 2PW

See the table below for more details on the sold house prices in the B31 2PW, Birmingham postcode.

Address	Sold Date	Price	% Change
APARTMENT 9, 124 REA ROADFlat, Leasehold	25 Mar 2024	£140,000	First Sale
APARTMENT 2, 122 REA ROADFlat, Leasehold	23 Jul 2024	£150,000	12.78%
	22 Sep 2021	£133,000	9.02%
	10 Jun 2016	£122,000	-2.36%
	20 Dec 2013	£124,950	First Sale
APARTMENT 6, 124 REA ROADFlat, Leasehold	23 Feb 2024	£140,000	First Sale
156 REA ROADSemi-Detached, Leasehold	21 Dec 2023	£115,000	First Sale
APARTMENT 7, 124 REA ROADFlat, LeaseholdArea: 58 Sq.mtr	05 Apr 2023	£155,000	20.16%
	16 Dec 2016	£129,000	18.35%
	20 Feb 2014	£109,000	First Sale
82 REA ROADFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	31 Jan 2023	£135,000	9.76%
82 REA ROADFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	24 Mar 2005	£123,000	First Sale
74 REA ROADFlat, LeaseholdArea: 56.42 Sq.mtrAge: 2003-2006	25 Jul 2022	£145,000	20.83%
74 REA ROADFlat, LeaseholdArea: 56.42 Sq.mtrAge: 2003-2006	31 Mar 2005	£120,000	First Sale
70 REA ROADFlat, LeaseholdArea: 56.42 Sq.mtrAge: 2003-2006	15 Mar 2022	£135,000	15.38%
70 REA ROADFlat, LeaseholdArea: 56.42 Sq.mtrAge: 2003-2006	31 Mar 2005	£117,000	First Sale
148 REA ROADSemi-Detached, FreeholdArea: 96.12 Sq.mtr	09 Dec 2021	£260,000	42.90%
148 REA ROADSemi-Detached, FreeholdArea: 96.12 Sq.mtr	02 Aug 2011	£181,950	First Sale
68 REA ROADFlat, LeaseholdArea: 62.47 Sq.mtrAge: 2003-2006	08 Oct 2021	£135,000	0.0
68 REA ROADFlat, LeaseholdArea: 62.47 Sq.mtrAge: 2003-2006	30 Mar 2005	£135,000	First Sale
76 REA ROADFlat, LeaseholdArea: 70.32 Sq.mtrAge: 2003-2006	22 Jan 2021	£120,500	-10.74%
	27 Aug 2020	£135,000	6.85%
	31 Mar 2005	£126,350	First Sale
58 REA ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	10 Dec 2020	£124,000	41.31%
58 REA ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	24 Mar 2005	£87,750	First Sale
78 REA ROADFlat, LeaseholdArea: 63.07 Sq.mtrAge: 2003-2006	28 Oct 2020	£120,000	8.11%
	25 Nov 2015	£111,000	-13.45%
	24 Mar 2005	£128,250	First Sale
APARTMENT 2, 118 REA ROADFlat, LeaseholdArea: 60 Sq.mtr	31 Jul 2020	£133,750	2.92%
APARTMENT 2, 118 REA ROADFlat, LeaseholdArea: 60 Sq.mtr	24 Jan 2014	£129,950	First Sale
154 REA ROADTerraced, LeaseholdArea: 77.5 Sq.mtr	20 Mar 2020	£90,000	First Sale
134 REA ROADTerraced, FreeholdArea: 106.98 Sq.mtr	07 Feb 2020	£230,000	35.29%
134 REA ROADTerraced, FreeholdArea: 106.98 Sq.mtr	23 Mar 2012	£170,000	First Sale
APARTMENT 4, 120 REA ROADFlat, LeaseholdArea: 60 Sq.mtr	22 Mar 2019	£129,000	19.44%
APARTMENT 4, 120 REA ROADFlat, LeaseholdArea: 60 Sq.mtr	21 Mar 2014	£108,000	First Sale
60 REA ROADFlat, LeaseholdArea: 59.5 Sq.mtrAge: 2003-2006	22 Mar 2019	£130,000	48.15%
60 REA ROADFlat, LeaseholdArea: 59.5 Sq.mtrAge: 2003-2006	24 Mar 2005	£87,750	First Sale
APARTMENT 1, 120 REA ROADFlat, LeaseholdArea: 60 Sq.mtr	03 Sep 2018	£132,500	21.56%
	20 Dec 2013	£109,000	-30.57%
	16 Feb 2024	£157,000	First Sale
150 REA ROADTerraced, LeaseholdArea: 77.5 Sq.mtr	31 Aug 2018	£55,500	23.75%
150 REA ROADTerraced, LeaseholdArea: 77.5 Sq.mtr	01 Apr 2011	£44,850	First Sale
104 REA ROADFlat, LeaseholdArea: 71.54 Sq.mtrAge: 2007 onwards	22 Jun 2018	£130,000	-3.70%
	25 Feb 2005	£135,000	First Sale
94 REA ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-2006	06 Oct 2017	£131,000	5.65%
	13 Jun 2008	£124,000	2.78%
	24 Mar 2005	£120,650	First Sale
APARTMENT 3, 122 REA ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	03 Oct 2017	£126,000	14.60%
	20 Dec 2013	£109,950	First Sale
144 REA ROADSemi-Detached, FreeholdArea: 96.12 Sq.mtr	24 Apr 2017	£210,000	13.54%
144 REA ROADSemi-Detached, FreeholdArea: 96.12 Sq.mtr	30 Jun 2011	£184,950	First Sale
102 REA ROADFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	08 Feb 2017	£135,000	0.0
102 REA ROADFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	25 Feb 2005	£135,000	First Sale
136 REA ROADTerraced, FreeholdArea: 106.98 Sq.mtr	30 Aug 2016	£203,000	14.08%
136 REA ROADTerraced, FreeholdArea: 106.98 Sq.mtr	25 Mar 2012	£177,950	First Sale
158 REA ROADTerraced, LeaseholdArea: 77.5 Sq.mtr	22 Jul 2016	£93,750	First Sale
132 REA ROADTerraced, FreeholdArea: 106.98 Sq.mtr	20 May 2016	£188,000	10.59%
132 REA ROADTerraced, FreeholdArea: 106.98 Sq.mtr	16 Dec 2011	£170,000	First Sale
88 REA ROADFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	10 Oct 2014	£105,000	-16.67%
	14 Dec 2007	£126,000	0.80%
	28 Jul 2005	£125,000	First Sale
APARTMENT 6, 120 REA ROADFlat, LeaseholdArea: 58 Sq.mtr	20 Dec 2013	£120,000	First Sale
66 REA ROADFlat, LeaseholdArea: 75 Sq.mtrAge: 2003-2006	05 Oct 2012	£115,000	-14.81%
66 REA ROADFlat, LeaseholdArea: 75 Sq.mtrAge: 2003-2006	21 Mar 2005	£135,000	First Sale
146 REA ROADSemi-Detached, FreeholdArea: 96.12 Sq.mtr	27 May 2011	£184,950	First Sale
115 REA ROADTerraced, Leasehold	09 May 2011	£50,000	First Sale
130 REA ROADSemi-Detached, FreeholdArea: 109.79 Sq.mtr	08 Apr 2011	£190,000	First Sale
100 REA ROADFlat, Leasehold	02 Nov 2007	£120,000	-5.03%
100 REA ROADFlat, Leasehold	18 Mar 2005	£126,350	First Sale
62 REA ROADTerraced, Leasehold	05 Sep 2007	£65,000	-25.93%
62 REA ROADTerraced, Leasehold	24 Mar 2005	£87,750	First Sale
86 REA ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	25 May 2007	£125,000	0.0
86 REA ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	23 Mar 2005	£125,000	First Sale
80 REA ROADFlat, Leasehold	09 Sep 2005	£135,000	First Sale
90 REA ROADFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	31 Aug 2005	£135,000	First Sale
92 REA ROADFlat, Leasehold	24 Aug 2005	£135,000	First Sale
64 REA ROADFlat, LeaseholdArea: 69.16 Sq.mtrAge: 2003-2006	30 Jun 2005	£120,000	First Sale
84 REA ROADFlat, LeaseholdArea: 58.1 Sq.mtrAge: 2003-2006	20 May 2005	£125,000	First Sale
72 REA ROADFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	31 Mar 2005	£125,000	215.58%
72 REA ROADFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	07 Jun 2024	£39,609	First Sale
98 REA ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 2007 onwards	31 Mar 2005	£125,000	-19.35%
98 REA ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 2007 onwards	20 Aug 2024	£155,000	First Sale
96 REA ROADFlat, LeaseholdArea: 57.39 Sq.mtrAge: 2003-2006	24 Mar 2005	£124,000	First Sale

Check out the sold house prices near the B31 2PW postcode. Properties currently for saleProperties currently for rent

REA ROAD, B31 2PW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B31 2PW 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 2PW postcode.

Flat
- The average price is around £89,450 median price is £92,000 Standard Deviation is £35,277 with Total Sold: 518
- The Last 5 Year average price is £115,521 with Total Sold: 96
- The most recent sale happened at this postcode is , 21 MILL BROOK DRIVE: £101,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 3, 1206 BRISTOL ROAD SOUTH: £47,500 (Sold on 17 Jan 1995)
Terraced
- The average price is around £129,574 median price is £126,000 Standard Deviation is £63,198 with Total Sold: 716
- The Last 5 Year average price is £203,175 with Total Sold: 124
- The most recent sale happened at this postcode is , 2 CYPRESS GROVE: £240,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 93 CENTRAL AVENUE: £39,250 (Sold on 26 Apr 1995)
Detached
- The average price is around £145,345 median price is £132,500 Standard Deviation is £77,765 with Total Sold: 441
- The Last 5 Year average price is £247,483 with Total Sold: 81
- The most recent sale happened at this postcode is , 23 CONEY GREEN DRIVE: £190,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 1069 BRISTOL ROAD SOUTH: £58,500 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £147,376 median price is £144,500 Standard Deviation is £71,120 with Total Sold: 1,080
- The Last 5 Year average price is £230,200 with Total Sold: 231
- The most recent sale happened at this postcode is , 30 TORRE AVENUE: £182,000 (Sold on 27 Jun 2024)
- The first recorded sale happened at this postcode is , 42 CENTRAL AVENUE: £59,950 (Sold on 16 Jan 1995)
Other
- The average price is around £462,367 median price is £190,000 Standard Deviation is £746,373 with Total Sold: 29
- The Last 5 Year average price is £493,781 with Total Sold: 16
- The most recent sale happened at this postcode is , 21 ADSTONE GROVE: £171,000 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is FLAT 2, 1308 BRISTOL ROAD SOUTH: £1,900,000 (Sold on 17 Nov 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£124,511	£2,617	10
2023	£124,838	£2,250	17
2022	£120,781	£2,209	16
2021	£108,517	£2,077	26
2020	£115,817	£1,972	15
2019	£102,625	£1,813	12
2018	£109,750	£1,849	24
2017	£106,704	£1,772	24
2016	£101,120	£1,907	23
2015	£95,641	£1,733	17
2014	£95,413	£1,686	15
2013	£95,807	£1,588	24
2012	£78,812	£1,252	8
2011	£90,214	£1,609	21
2010	£83,668	£1,500	11
2009	£85,333	£1,481	3
2008	£98,744	£1,725	11
2007	£105,517	£1,944	19
2006	£108,524	£1,884	34
2005	£109,753	£2,037	45
2004	£90,093	£1,710	15
2003	£70,042	£1,374	18
2002	£50,110	£993	25
2001	£41,306	£903	16
2000	£41,188	£832	12
1999	£35,718	£771	17
1998	£30,875	£700	12
1997	£34,957	£808	15
1996	£32,667	£748	6
1995	£32,664	£659	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,472	£2,559	9
2023	£231,190	£2,504	25
2022	£226,841	£2,731	16
2021	£178,012	£2,229	24
2020	£179,789	£2,130	19
2019	£195,419	£2,185	31
2018	£170,165	£1,898	30
2017	£141,977	£1,709	22
2016	£144,930	£1,862	18
2015	£139,465	£1,608	23
2014	£139,719	£1,611	16
2013	£117,197	£1,427	15
2012	£149,518	£1,671	17
2011	£140,310	£1,594	23
2010	£122,643	£1,332	21
2009	£118,438	£1,454	16
2008	£115,403	£1,497	15
2007	£140,904	£1,692	36
2006	£135,725	£1,639	33
2005	£147,650	£1,691	33
2004	£144,835	£1,585	64
2003	£126,126	£1,508	27
2002	£78,692	£973	24
2001	£65,752	£1,024	25
2000	£60,895	£870	23
1999	£51,833	£689	26
1998	£49,892	£625	18
1997	£48,341	£657	22
1996	£47,285	£751	24
1995	£52,210	£557	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,000	£3,488	5
2023	£283,036	£2,988	14
2022	£258,664	£2,705	18
2021	£260,962	£2,717	13
2020	£228,583	£2,419	15
2019	£201,653	£2,327	16
2018	£172,857	£2,189	14
2017	£163,763	£2,025	15
2016	£138,588	£1,819	17
2015	£138,227	£1,670	22
2014	£162,941	£1,841	17
2013	£178,985	£1,768	27
2012	£164,502	£1,688	14
2011	£134,643	£1,465	14
2010	£149,556	£1,747	8
2009	£138,389	£1,623	14
2008	£137,119	£1,526	8
2007	£165,217	£1,810	9
2006	£146,996	£1,666	14
2005	£115,200	£1,482	12
2004	£140,623	£1,571	24
2003	£114,007	£1,331	15
2002	£95,390	£1,051	10
2001	£77,600	£937	30
2000	£76,489	£894	14
1999	£61,771	£825	21
1998	£46,925	£639	10
1997	£36,500	£575	3
1996	£54,545	£669	11
1995	£53,821	£604	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£231,433	£2,939	15
2023	£253,282	£3,058	34
2022	£256,010	£2,810	44
2021	£220,347	£2,465	46
2020	£223,177	£2,417	39
2019	£207,336	£2,208	53
2018	£182,102	£2,059	48
2017	£188,031	£2,087	32
2016	£168,622	£1,874	55
2015	£164,874	£1,724	49
2014	£151,560	£1,705	31
2013	£154,197	£1,721	32
2012	£156,238	£1,665	44
2011	£144,509	£1,573	27
2010	£141,362	£1,451	22
2009	£132,691	£1,471	27
2008	£137,139	£1,592	14
2007	£156,636	£1,714	41
2006	£157,432	£1,779	31
2005	£133,255	£1,545	46
2004	£135,479	£1,388	36
2003	£109,312	£1,197	33
2002	£96,015	£997	44
2001	£73,415	£777	39
2000	£61,640	£741	36
1999	£64,581	£691	42
1998	£62,451	£610	34
1997	£60,104	£582	26
1996	£55,974	£597	27
1995	£52,245	£539	33

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,000		1
2023	£232,500	£3,672	2
2022	£905,250	£1,891	4
2021	£125,000	£2,604	1
2020	£908,998	£2,593	3
2019	£158,300	£2,205	5
2018	£140,688	£1,226	5
2017	£684,500	£2,505	4
2016	£55,567	£85	3
2014	£1,900,000	£29,231	1

House Type in B31 2PW area

The most common house types in the B31 2PW postcode area are Semi-detached (136), Flat (48), and Terraced (36).

Total	242
Semi-detached	136
Flat	48
Terraced	36
Detached	21
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (110), and Owned: Owns outright (64).

Owned: Owns with a mortgage or loan	110
Owned: Owns outright	64
Private rented: Private landlord or letting agency	43
Social rented: Other social rented	19
Shared ownership: Shared ownership	6
Social rented: Rents from council or Local Authority	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B31 2PW have 2 people in household (90), and 3 people in household (52).

2 people in household	90
3 people in household	52
1 person in household	51
4 people in household	34
5 people in household	12
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0