Housing Market Analysis for MILL LANE, B31 2RN

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

Overview of Sold House prices

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

Terraced
- The average price is around £114,718 median price is £116,000 Standard Deviation is £47,940 with Total Sold: 31
- The Last 5 Year average price is £172,250 with Total Sold: 8
- The most recent sale happened at this postcode is 161 MILL LANE: £176,000 (Sold on 17 Aug 2021)
- The first recorded sale happened at this postcode is 153 MILL LANE: £39,500 (Sold on 13 Oct 1995)
Flat
- The average price is around £70,000 median price is £70,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 2, 165 MILL LANE: £70,000 (Sold on 10 Aug 2007)
- The first recorded sale happened at this postcode is FLAT 2, 165 MILL LANE: £70,000 (Sold on 10 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 2RN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£179,500	£2,197	4
2020	£160,000	£1,849	2
2019	£170,000	£2,142	2
2018	£160,000	£1,600	1
2017	£130,000	£1,740	1
2013	£121,500	£1,567	2
2010	£93,500	£1,249	2
2009	£116,000	£1,506	1
2007	£140,750	£1,561	2
2006	£118,750	£1,346	2
2005	£121,750	£1,487	2
2004	£99,950	£1,333	1
2003	£93,000	£1,076	1
2002	£79,800	£973	1
2001	£61,000	£803	2
1999	£30,000		1
1997	£33,500	£435	1
1996	£42,000	£525	1
1995	£39,750	£438	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£70,000		1

All the Sales in the MILL LANE, B31 2RN

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

Address	Sold Date	Price	% Change
161 MILL LANETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	17 Aug 2021	£176,000	76.09%
	18 Jun 2004	£99,950	66.58%
	31 Jan 2001	£60,000	First Sale
139 MILL LANETerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	11 Jun 2021	£195,000	21.88%
	16 Feb 2018	£160,000	1.59%
	28 Feb 2007	£157,500	42.53%
	30 Jun 2006	£110,500	First Sale
127 MILL LANETerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	04 Jun 2021	£175,000	31.58%
	21 Mar 2013	£133,000	4.72%
	10 Feb 2006	£127,000	202.38%
	19 Dec 1996	£42,000	5.00%
	30 Nov 1995	£40,000	First Sale
163 MILL LANETerraced, FreeholdArea: 74.71 Sq.mtrAge: 1900-1929	15 Jan 2021	£172,000	32.31%
	30 Jun 2017	£130,000	18.18%
	18 Oct 2013	£110,000	18.28%
	12 Mar 2010	£93,000	First Sale
129 MILL LANETerraced, FreeholdArea: 86.4 Sq.mtrAge: before 1900	11 Sep 2020	£163,000	75.27%
	25 Apr 2003	£93,000	First Sale
125 MILL LANETerraced, LeaseholdArea: 86.63 Sq.mtrAge: 1900-1929	09 Sep 2020	£157,000	20.77%
	04 Mar 2005	£130,000	First Sale
133 MILL LANETerraced, FreeholdArea: 82 Sq.mtrAge: before 1900	03 Oct 2019	£165,000	106.77%
	03 May 2002	£79,800	First Sale
149 MILL LANETerraced, FreeholdArea: 77 Sq.mtrAge: before 1900	16 Aug 2019	£175,000	50.86%
	27 Aug 2009	£116,000	246.27%
	17 Jan 1997	£33,500	First Sale
155 MILL LANETerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	26 Nov 2010	£94,000	First Sale
FLAT 2, 165 MILL LANEFlat, Leasehold	10 Aug 2007	£70,000	First Sale
147 MILL LANETerraced, FreeholdArea: 80.14 Sq.mtrAge: 1900-1929	20 Jul 2007	£124,000	First Sale
159 MILL LANETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	18 Feb 2005	£113,500	83.06%
	11 May 2001	£62,000	First Sale
137 MILL LANETerraced, Freehold	29 Oct 1999	£30,000	First Sale
153 MILL LANETerraced, FreeholdArea: 105 Sq.mtrAge: 1900-1929	13 Oct 1995	£39,500	First Sale

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

MILL LANE, B31 2RN Near By properties

Interactive Map

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

Flat
- The average price is around £92,222 median price is £97,000 Standard Deviation is £35,322 with Total Sold: 446
- The Last 5 Year average price is £117,892 with Total Sold: 92
- The most recent sale happened at this postcode is , 98 REA ROAD: £155,000 (Sold on 20 Aug 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 £131,623 median price is £129,498 Standard Deviation is £65,539 with Total Sold: 678
- The Last 5 Year average price is £205,946 with Total Sold: 116
- The most recent sale happened at this postcode is , 73 HAWKESLEY MILL LANE: £271,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 70 GREEN PARK ROAD: £51,750 (Sold on 10 Mar 1995)
Semi-Detached
- The average price is around £143,568 median price is £139,100 Standard Deviation is £71,480 with Total Sold: 1,054
- The Last 5 Year average price is £228,161 with Total Sold: 212
- The most recent sale happened at this postcode is , 66 SOUTH ROAD: £525,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 42 CENTRAL AVENUE: £59,950 (Sold on 16 Jan 1995)
Detached
- The average price is around £157,415 median price is £135,000 Standard Deviation is £89,623 with Total Sold: 469
- The Last 5 Year average price is £264,509 with Total Sold: 78
- 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)
Other
- The average price is around £158,265 median price is £160,000 Standard Deviation is £81,436 with Total Sold: 25
- The Last 5 Year average price is £165,500 with Total Sold: 15
- 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 , 1279 BRISTOL ROAD SOUTH: £140,000 (Sold on 08 Sep 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,576	£2,617	8
2023	£129,074	£2,126	17
2022	£123,969	£2,126	16
2021	£108,738	£2,026	25
2020	£114,483	£1,851	15
2019	£108,727	£1,897	11
2018	£112,326	£1,808	23
2017	£113,050	£1,875	18
2016	£106,962	£1,810	19
2015	£100,350	£1,700	14
2014	£95,413	£1,686	15
2013	£95,334	£1,572	25
2012	£77,312	£1,232	8
2011	£92,211	£1,621	19
2010	£86,706	£1,469	9
2009	£85,333	£1,481	3
2008	£95,621	£1,618	7
2007	£103,841	£1,676	13
2006	£111,185	£1,807	20
2005	£111,392	£2,016	43
2004	£91,360	£1,656	15
2003	£70,779	£1,269	14
2002	£50,637	£874	20
2001	£42,070	£796	15
2000	£42,230	£727	10
1999	£36,323	£665	15
1998	£32,000	£677	8
1997	£35,805	£695	11
1996	£33,900	£610	5
1995	£36,730	£664	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£259,438	£2,559	4
2023	£246,738	£2,584	20
2022	£239,675	£2,893	14
2021	£187,204	£2,364	26
2020	£175,896	£2,122	24
2019	£195,464	£2,133	28
2018	£178,891	£2,024	28
2017	£156,406	£1,886	16
2016	£156,804	£1,899	12
2015	£148,484	£1,617	16
2014	£133,279	£1,525	13
2013	£124,639	£1,521	14
2012	£150,162	£1,662	17
2011	£139,857	£1,567	20
2010	£130,167	£1,339	21
2009	£130,118	£1,460	17
2008	£125,146	£1,562	14
2007	£150,237	£1,831	32
2006	£142,382	£1,612	35
2005	£142,189	£1,674	37
2004	£148,813	£1,571	56
2003	£124,515	£1,538	27
2002	£91,626	£979	29
2001	£65,742	£1,022	25
2000	£60,856	£841	22
1999	£53,155	£673	30
1998	£49,434	£620	22
1997	£50,893	£679	23
1996	£48,784	£791	19
1995	£52,350	£526	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,708	£2,560	12
2023	£235,690	£2,874	36
2022	£258,399	£2,937	42
2021	£225,091	£2,528	35
2020	£209,119	£2,437	39
2019	£204,380	£2,247	48
2018	£170,924	£2,011	43
2017	£185,765	£2,083	32
2016	£174,431	£1,943	48
2015	£160,401	£1,816	42
2014	£146,509	£1,678	32
2013	£138,737	£1,669	31
2012	£158,024	£1,680	45
2011	£141,051	£1,583	34
2010	£138,157	£1,507	24
2009	£127,527	£1,474	24
2008	£151,030	£1,679	17
2007	£155,751	£1,693	45
2006	£148,307	£1,749	26
2005	£129,498	£1,544	50
2004	£136,032	£1,503	40
2003	£113,355	£1,274	30
2002	£95,447	£1,047	45
2001	£75,913	£841	35
2000	£60,724	£701	39
1999	£61,830	£676	40
1998	£57,483	£613	39
1997	£59,230	£602	28
1996	£56,179	£657	26
1995	£50,759	£536	27

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£284,583	£3,547	6
2023	£292,400	£3,083	15
2022	£288,118	£3,012	17
2021	£290,321	£3,118	14
2020	£231,018	£2,488	14
2019	£195,121	£2,304	12
2018	£220,933	£2,372	15
2017	£196,164	£2,108	18
2016	£184,922	£1,967	20
2015	£139,475	£1,673	20
2014	£160,583	£1,854	12
2013	£199,706	£1,882	34
2012	£165,833	£1,697	12
2011	£150,639	£1,573	18
2010	£145,439	£1,622	9
2009	£139,692	£1,570	13
2008	£138,361	£1,569	9
2007	£189,491	£1,903	11
2006	£146,149	£1,666	14
2005	£136,038	£1,513	12
2004	£136,788	£1,616	24
2003	£126,971	£1,312	14
2002	£138,478	£1,160	15
2001	£87,573	£1,007	31
2000	£89,047	£1,008	19
1999	£65,281	£818	22
1998	£73,308	£693	12
1997	£86,606	£702	9
1996	£65,000	£694	11
1995	£56,291	£620	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,000		1
2023	£218,333	£3,254	3
2022	£106,667	£1,626	3
2021	£125,000	£2,604	1
2020	£209,998	£2,593	2
2019	£158,300	£2,205	5
2018	£140,688	£1,226	5
2017	£245,000		2
2016	£93,567	£817	3

House Type in B31 2RN area

The most common house types in the B31 2RN postcode area are Terraced (120), Semi-detached (58), and Flat (52).

Total	240
Terraced	120
Semi-detached	58
Flat	52
Detached	4
Shared house	3
converted building	2
commercial building	1
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 (96), and Owned: Owns outright (64).

Owned: Owns with a mortgage or loan	96
Owned: Owns outright	64
Private rented: Private landlord or letting agency	62
Social rented: Other social rented	10
Shared ownership: Shared ownership	6
Private rented: Other private rented	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the B31 2RN have 1 person in household (85), and 2 people in household (79).

1 person in household	85
2 people in household	79
3 people in household	39
4 people in household	32
5 people in household	3
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0