Housing Market Analysis for MILL LANE, B31 2RP

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

Overview of Sold House prices

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

Terraced
- The average price is around £124,150 median price is £131,000 Standard Deviation is £46,435 with Total Sold: 10
- The Last 5 Year average price is £170,875 with Total Sold: 4
- The most recent sale happened at this postcode is 117 MILL LANE: £163,000 (Sold on 14 Oct 2021)
- The first recorded sale happened at this postcode is 107 MILL LANE: £42,000 (Sold on 31 Aug 1995)
Semi-Detached
- The average price is around £144,889 median price is £142,000 Standard Deviation is £71,570 with Total Sold: 9
- The Last 5 Year average price is £238,333 with Total Sold: 3
- The most recent sale happened at this postcode is 83 MILL LANE: £260,000 (Sold on 07 Aug 2019)
- The first recorded sale happened at this postcode is 123 MILL LANE: £73,000 (Sold on 09 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 2RP 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	£163,000	£1,552	1
2020	£183,000	£2,440	1
2019	£168,750	£2,225	2
2012	£125,000	£1,667	1
2006	£137,000	£1,877	1
2004	£108,000	£1,029	1
2002	£83,000	£1,137	1
1999	£63,000	£840	1
1995	£42,000	£575	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£238,333	£2,371	3
2014	£142,000	£1,732	1
2007	£143,000	£1,723	1
1999	£82,500		2
1998	£66,000	£623	1
1996	£73,000		1

All the Sales in the MILL LANE, B31 2RP

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

Address	Sold Date	Price	% Change
117 MILL LANETerraced, FreeholdArea: 105 Sq.mtrAge: 1930-1949	14 Oct 2021	£163,000	50.93%
	17 Sep 2004	£108,000	First Sale
115 MILL LANETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	09 Jul 2020	£183,000	46.40%
	23 Nov 2012	£125,000	98.41%
	10 Dec 1999	£63,000	First Sale
107 MILL LANETerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	29 Oct 2019	£170,000	24.09%
	04 Apr 2006	£137,000	65.06%
	19 Apr 2002	£83,000	97.62%
	31 Aug 1995	£42,000	First Sale
113 MILL LANETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	13 Sep 2019	£167,500	First Sale
83 MILL LANESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-1949	07 Aug 2019	£260,000	293.94%
	27 May 1998	£66,000	First Sale
71 MILL LANESemi-Detached, LeaseholdArea: 120 Sq.mtrAge: 1950-1966	24 Jun 2019	£230,000	First Sale
91 MILL LANESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-1949	14 Jun 2019	£225,000	58.45%
	13 Jun 2014	£142,000	First Sale
81 MILL LANESemi-Detached, LeaseholdArea: 83 Sq.mtrAge: 1930-1949	01 May 2007	£143,000	First Sale
95 MILL LANESemi-Detached, Freehold	26 Aug 1999	£82,500	0.0
95 MILL LANESemi-Detached, Freehold	26 Aug 1999	£82,500	First Sale
123 MILL LANESemi-Detached, Freehold	09 Aug 1996	£73,000	First Sale

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

MILL LANE, B31 2RP Near By properties

Interactive Map

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

Terraced
- The average price is around £124,556 median price is £123,000 Standard Deviation is £63,152 with Total Sold: 899
- The Last 5 Year average price is £195,057 with Total Sold: 154
- The most recent sale happened at this postcode is , 57A PAMELA ROAD: £328,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 70 GREEN PARK ROAD: £51,750 (Sold on 10 Mar 1995)
Flat
- The average price is around £90,147 median price is £93,500 Standard Deviation is £34,956 with Total Sold: 472
- The Last 5 Year average price is £117,008 with Total Sold: 96
- 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)
Semi-Detached
- The average price is around £144,157 median price is £138,000 Standard Deviation is £71,199 with Total Sold: 1,145
- The Last 5 Year average price is £228,981 with Total Sold: 242
- 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 £166,683 median price is £141,000 Standard Deviation is £94,026 with Total Sold: 419
- The Last 5 Year average price is £272,946 with Total Sold: 79
- 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 £206,088 median price is £190,000 Standard Deviation is £141,757 with Total Sold: 29
- The Last 5 Year average price is £215,088 with Total Sold: 21
- The most recent sale happened at this postcode is , 12 ABBEYDALE ROAD: £150,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 33 COLEYS LANE: £135,000 (Sold on 10 Nov 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,600		5
2023	£223,107	£2,597	35
2022	£209,172	£2,709	20
2021	£182,196	£2,307	27
2020	£167,258	£2,089	33
2019	£184,404	£2,071	34
2018	£171,936	£2,044	33
2017	£154,563	£1,929	23
2016	£149,389	£1,781	19
2015	£136,312	£1,514	20
2014	£127,073	£1,528	19
2013	£122,720	£1,608	20
2012	£137,413	£1,591	26
2011	£128,230	£1,587	21
2010	£128,107	£1,413	30
2009	£122,024	£1,394	21
2008	£121,820	£1,523	20
2007	£147,346	£1,732	42
2006	£132,692	£1,568	47
2005	£132,160	£1,547	50
2004	£144,618	£1,563	68
2003	£105,778	£1,348	37
2002	£87,874	£1,027	40
2001	£60,682	£864	36
2000	£55,908	£784	29
1999	£52,926	£647	38
1998	£48,044	£600	31
1997	£47,418	£612	30
1996	£45,058	£703	25
1995	£50,795	£577	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,576	£2,617	8
2023	£131,812	£2,148	16
2022	£122,900	£2,110	15
2021	£110,517	£2,043	27
2020	£112,456	£1,793	17
2019	£103,692	£1,784	13
2018	£109,375	£1,795	20
2017	£111,495	£1,855	19
2016	£106,810	£1,810	17
2015	£94,770	£1,588	20
2014	£92,247	£1,643	17
2013	£94,589	£1,548	26
2012	£71,909	£1,126	11
2011	£88,550	£1,589	20
2010	£86,706	£1,469	9
2009	£71,750	£1,245	4
2008	£95,621	£1,618	7
2007	£100,725	£1,676	13
2006	£106,906	£1,774	25
2005	£109,723	£1,991	44
2004	£86,729	£1,622	17
2003	£70,627	£1,274	15
2002	£48,642	£883	20
2001	£41,361	£796	18
2000	£40,693	£694	7
1999	£34,987	£616	15
1998	£31,889	£657	9
1997	£36,164	£664	11
1996	£33,583	£600	6
1995	£36,025	£692	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£274,250	£2,666	14
2023	£236,402	£2,876	42
2022	£259,088	£2,989	43
2021	£231,302	£2,578	52
2020	£203,330	£2,410	37
2019	£202,838	£2,282	54
2018	£171,250	£2,105	39
2017	£180,577	£2,074	39
2016	£176,345	£1,954	44
2015	£160,496	£1,819	39
2014	£147,024	£1,703	38
2013	£138,134	£1,710	40
2012	£160,530	£1,725	39
2011	£146,741	£1,608	34
2010	£135,363	£1,533	25
2009	£128,229	£1,478	26
2008	£157,288	£1,719	19
2007	£158,851	£1,732	44
2006	£146,476	£1,690	28
2005	£128,661	£1,496	55
2004	£134,461	£1,553	49
2003	£114,386	£1,328	39
2002	£94,519	£1,053	54
2001	£77,511	£893	41
2000	£63,055	£767	39
1999	£62,060	£721	48
1998	£57,874	£602	33
1997	£55,845	£612	31
1996	£54,970	£653	35
1995	£53,442	£548	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£294,071	£3,261	7
2023	£295,400	£3,215	15
2022	£295,765	£3,086	17
2021	£298,156	£3,080	16
2020	£231,188	£2,468	12
2019	£208,371	£2,386	12
2018	£230,167	£2,415	12
2017	£200,818	£2,141	14
2016	£194,122	£1,954	20
2015	£136,062	£1,685	16
2014	£152,500	£1,798	11
2013	£208,217	£1,904	30
2012	£168,864	£1,689	11
2011	£164,062	£1,616	16
2010	£155,994	£1,598	8
2009	£141,667	£1,630	9
2008	£143,994	£1,634	9
2007	£190,029	£1,903	12
2006	£144,757	£1,666	12
2005	£135,495	£1,276	10
2004	£148,758	£1,696	19
2003	£144,780	£1,338	15
2002	£152,016	£1,205	10
2001	£89,812	£1,003	28
2000	£97,462	£1,048	13
1999	£72,835	£872	17
1998	£81,143	£712	15
1997	£89,645	£717	10
1996	£63,100	£666	10
1995	£58,769	£575	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£329,961		4
2023	£218,333	£3,254	3
2022	£106,667	£1,626	3
2021	£125,000	£2,604	1
2020	£142,665	£1,344	3
2019	£238,429	£2,311	7
2018	£207,250	£1,359	4
2017	£245,000		2
2016	£70,350	£817	2

House Type in B31 2RP area

The most common house types in the B31 2RP 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 2RP 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