Housing Market Analysis for LIGHTNING WAY, B31 3PH

Are you looking to understand B31 3PH 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 3PH area, explore the B31 3PH Area information page.
For comprehensive crime statistics in the B31 3PH area, explore the B31 3PH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B31 3PH postcode area, The average prices are as follows,

  • Other
    • The average price is around £234,667 median price is £269,000 Standard Deviation is £102,925 with Total Sold: 3
    • The Last 5 Year average price is £269,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 8 LIGHTNING WAY: £269,000 (Sold on 17 Apr 2019)
    • The first recorded sale happened at this postcode is UNIT 3 LIGHTNING WAY: £340,000 (Sold on 12 Apr 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 3PH 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£269,0001
2018£95,0001
2017£340,0001

All the Sales in the LIGHTNING WAY, B31 3PH

See the table below for more details on the sold house prices in the B31 3PH, Birmingham postcode.

AddressSold DatePrice% Change
UNIT 8 LIGHTNING WAYOther, Freehold17 Apr 2019£269,000First Sale
1 LIGHTNING WAYOther, Freehold05 Jul 2018£95,000First Sale
UNIT 3 LIGHTNING WAYOther, Freehold12 Apr 2017£340,000First Sale

Check out the sold house prices near the B31 3PH postcode. Properties currently for saleProperties currently for rent

LIGHTNING WAY, B31 3PH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B31 3PH 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 3PH postcode.

  • Semi-Detached
    • The average price is around £126,168 median price is £124,950 Standard Deviation is £60,280 with Total Sold: 898
    • The Last 5 Year average price is £200,862 with Total Sold: 186
    • The most recent sale happened at this postcode is , 31 GIBBS HILL ROAD: £260,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 24 SIR HILTONS ROAD: £25,500 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £108,525 median price is £106,000 Standard Deviation is £56,519 with Total Sold: 1,125
    • The Last 5 Year average price is £175,041 with Total Sold: 205
    • The most recent sale happened at this postcode is , 32 BEECHES WAY: £240,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 34 BEECHES WAY: £48,000 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £97,833 median price is £94,500 Standard Deviation is £38,966 with Total Sold: 218
    • The Last 5 Year average price is £121,627 with Total Sold: 58
    • The most recent sale happened at this postcode is FLAT 7, 87 REDHILL ROAD: £167,500 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 72 CLEE ROAD: £34,000 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £201,640 median price is £199,975 Standard Deviation is £67,018 with Total Sold: 194
    • The Last 5 Year average price is £272,407 with Total Sold: 22
    • The most recent sale happened at this postcode is , 17 REDHILL GARDENS: £328,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 645 REDDITCH ROAD: £70,000 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £722,207 median price is £140,000 Standard Deviation is £2,100,864 with Total Sold: 21
    • The Last 5 Year average price is £1,218,094 with Total Sold: 9
    • The most recent sale happened at this postcode is , 21 LILLEY LANE: £355,000 (Sold on 14 Apr 2022)
    • The first recorded sale happened at this postcode is , BRECKNELL WATER HYDRAULICS (UK) LTD LIGHTNING WAY: £110,000 (Sold on 09 May 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,542 £2,719 18
2023£220,293 £2,561 34
2022£220,909 £2,705 33
2021£182,432 £2,365 37
2020£192,616 £2,385 32
2019£165,656 £2,086 32
2018£164,631 £1,959 35
2017£155,984 £1,931 28
2016£156,356 £1,815 27
2015£142,262 £1,701 28
2014£139,277 £1,668 30
2013£124,780 £1,468 23
2012£127,500 £1,487 14
2011£122,000 £1,428 25
2010£119,893 £1,528 23
2009£122,064 £1,495 19
2008£135,670 £1,542 22
2007£139,856 £1,517 33
2006£127,660 £1,477 44
2005£121,764 £1,489 30
2004£120,952 £1,486 32
2003£101,391 £1,137 46
2002£88,309 £998 40
2001£69,731 £838 34
2000£60,073 £725 39
1999£53,478 £604 27
1998£48,925 £543 34
1997£48,423 £557 30
1996£55,605 £500 22
1995£44,823 £520 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,467 £1,557 15
2023£201,774 £2,655 40
2022£189,972 £2,508 29
2021£166,871 £2,106 49
2020£155,363 £1,935 43
2019£158,759 £2,115 29
2018£145,117 £1,861 29
2017£151,184 £1,949 48
2016£146,413 £1,703 30
2015£122,841 £1,591 38
2014£119,245 £1,519 46
2013£107,568 £1,360 24
2012£100,129 £1,280 35
2011£104,196 £1,337 23
2010£123,100 £1,617 27
2009£107,682 £1,304 19
2008£118,136 £1,477 44
2007£118,193 £1,501 61
2006£108,401 £1,392 44
2005£107,089 £1,358 36
2004£96,073 £1,270 39
2003£90,872 £1,133 48
2002£71,215 £958 40
2001£60,268 £738 54
2000£50,741 £647 48
1999£48,850 £610 35
1998£47,441 £633 34
1997£47,261 £646 62
1996£44,360 £552 29
1995£41,644 £539 27
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,250 £1,688 4
2023£133,300 £2,363 10
2022£109,857 £1,866 7
2021£116,167 £1,936 6
2020£123,032 £2,292 26
2019£103,100 £1,746 5
2018£115,300 £2,295 5
2017£91,269 £1,666 13
2016£108,330 £1,797 10
2015£95,150 £1,575 10
2014£87,400 £1,559 5
2013£74,833 £1,128 3
2012£66,750 £1,129 4
2011£82,071 £1,349 7
2010£124,950 £1,893 1
2009£86,500 £1,648 9
2008£127,645 £2,225 26
2007£123,400 £2,187 17
2006£80,742 £1,328 6
2005£62,375 £1,132 4
2004£79,821 £1,332 7
2003£61,280 £1,077 5
2002£52,558 £926 6
2001£36,988 £650 4
2000£32,362 £527 4
1999£27,500 £585 1
1997£35,250 £528 6
1996£33,833 £462 3
1995£30,000 £513 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,000 £3,489 2
2022£314,250 £2,803 4
2021£233,395 £3,142 10
2020£335,000 £3,259 3
2019£284,333 £2,239 3
2018£249,357 £2,166 7
2017£238,073 £2,416 13
2016£234,583 £2,523 6
2015£215,786 £2,427 7
2014£203,778 £2,127 9
2013£219,694 £1,821 3
2012£234,250 £1,879 2
2011£216,400 £2,453 5
2010£196,600 £2,227 9
2009£218,031 £2,092 8
2008£225,741 £2,153 11
2007£233,039 £2,264 14
2006£239,833 £2,112 6
2005£221,000 £1,955 2
2004£207,550 £2,061 9
2003£188,4754
2002£168,556 £1,598 17
2001£152,578 £1,277 20
2000£119,750 £761 4
1999£71,361 £993 4
1998£78,083 £647 6
1997£83,500 £1,165 2
1996£50,0001
1995£64,667 £964 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£211,2502
2021£125,000 £1,453 1
2020£5,000,0502
2019£103,812 £510 4
2018£208,6254
2017£160,667 £1,671 3
2016£694,250 £1,997 4
2014£110,0001

House Type in B31 3PH area

The most common house types in the B31 3PH postcode area are Terraced (98), Semi-detached (38), and Detached (2).

Total138
Terraced98
Semi-detached38
Detached2
Flat0
Shared house0
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 (56), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan56
Owned: Owns outright54
Private rented: Private landlord or letting agency24
Private rented: Other private rented3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the B31 3PH have 2 people in household (43), and 3 people in household (34).

2 people in household43
3 people in household34
1 person in household27
4 people in household24
5 people in household7
6 people in household2
8 or more people in household2
0 people in household0
7 people in household0