Housing Market Analysis for REA VALLEY DRIVE, B31 3XU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £149,778 median price is £157,500 Standard Deviation is £69,590 with Total Sold: 23
- The Last 5 Year average price is £254,750 with Total Sold: 4
- The most recent sale happened at this postcode is 35 REA VALLEY DRIVE: £308,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 49 REA VALLEY DRIVE: £59,500 (Sold on 02 Jun 1995)
Detached
- The average price is around £230,000 median price is £230,000 Standard Deviation is £24,495 with Total Sold: 3
- The Last 5 Year average price is £260,000 with Total Sold: 1
- The most recent sale happened at this postcode is 55 REA VALLEY DRIVE: £260,000 (Sold on 21 May 2021)
- The first recorded sale happened at this postcode is 57 REA VALLEY DRIVE: £200,000 (Sold on 02 Apr 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 3XU 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£308,000	£4,278	1
2021	£245,000	£3,101	1
2019	£213,000	£2,341	1
2018	£189,500	£2,689	2
2017	£196,333	£2,644	3
2016	£172,000	£1,811	1
2012	£144,500	£1,866	2
2007	£155,475	£2,087	2
2002	£96,500	£1,258	1
2001	£96,000		2
2000	£81,500	£896	1
2024	£253,000		1
1999	£71,975	£991	2
1997	£57,500	£605	1
1996	£55,000		1
1995	£59,500	£815	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£260,000	£3,514	1
2014	£230,000	£1,870	1
2004	£200,000	£1,626	1

All the Sales in the REA VALLEY DRIVE, B31 3XU

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

Address	Sold Date	Price	% Change
35 REA VALLEY DRIVESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	28 Oct 2022	£308,000	46.67%
	01 Dec 2017	£210,000	50.05%
	14 Sep 2007	£139,950	First Sale
21 REA VALLEY DRIVESemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1976-1982	27 Jul 2021	£245,000	First Sale
55 REA VALLEY DRIVEDetached, FreeholdArea: 74 Sq.mtrAge: 1976-1982	21 May 2021	£260,000	First Sale
15 REA VALLEY DRIVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1967-1975	01 Mar 2019	£213,000	161.35%
	20 Dec 2000	£81,500	First Sale
51 REA VALLEY DRIVESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1976-1982	17 Oct 2018	£199,000	First Sale
9 REA VALLEY DRIVESemi-Detached, Freehold	30 May 2018	£180,000	First Sale
49 REA VALLEY DRIVESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1976-1982	10 Aug 2017	£191,000	221.01%
	02 Jun 1995	£59,500	First Sale
37 REA VALLEY DRIVESemi-Detached, LeaseholdArea: 78.38 Sq.mtrAge: 1976-1982	16 May 2017	£188,000	42.97%
	06 Jun 2012	£131,500	First Sale
47 REA VALLEY DRIVESemi-Detached, LeaseholdArea: 95 Sq.mtrAge: 1950-1966	22 Apr 2016	£172,000	199.13%
	20 Jun 1997	£57,500	First Sale
57 REA VALLEY DRIVEDetached, FreeholdArea: 123 Sq.mtrAge: 1976-1982	03 Oct 2014	£230,000	15.00%
	02 Apr 2004	£200,000	First Sale
23 REA VALLEY DRIVESemi-Detached, FreeholdArea: 76.69 Sq.mtrAge: 1976-1982	03 Feb 2012	£157,500	-7.89%
	03 Aug 2007	£171,000	77.20%
	25 Apr 2002	£96,500	26.97%
	29 Oct 1999	£76,000	First Sale
45 REA VALLEY DRIVESemi-Detached, Leasehold	27 Sep 2001	£97,000	2.11%
45 REA VALLEY DRIVESemi-Detached, Leasehold	25 May 2001	£95,000	First Sale
1 REA VALLEY DRIVESemi-Detached, Leasehold	20 Feb 2024	£253,000	First Sale
19 REA VALLEY DRIVESemi-Detached, Leasehold	18 Aug 1999	£67,950	First Sale
11 REA VALLEY DRIVESemi-Detached, Leasehold	13 May 1996	£55,000	First Sale

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

REA VALLEY DRIVE, B31 3XU Near By properties

Interactive Map

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

Flat
- The average price is around £66,329 median price is £62,725 Standard Deviation is £31,910 with Total Sold: 432
- The Last 5 Year average price is £102,415 with Total Sold: 59
- The most recent sale happened at this postcode is FLAT 4, 30 OLD BANK TOP: £60,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 12, BROMFORD COURT : £36,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £126,080 median price is £118,000 Standard Deviation is £69,608 with Total Sold: 1,145
- The Last 5 Year average price is £218,773 with Total Sold: 193
- The most recent sale happened at this postcode is , 39 MOORPARK ROAD: £247,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 20 DICE PLECK: £45,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £105,120 median price is £97,000 Standard Deviation is £56,896 with Total Sold: 810
- The Last 5 Year average price is £174,568 with Total Sold: 139
- The most recent sale happened at this postcode is , 14 CORLEY AVENUE: £37,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 28 OLD BANK TOP: £33,500 (Sold on 27 Jan 1995)
Other
- The average price is around £168,029 median price is £142,250 Standard Deviation is £157,598 with Total Sold: 30
- The Last 5 Year average price is £173,980 with Total Sold: 18
- 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 , YALE GARAGE LTD CHURCH HILL: £450,000 (Sold on 19 Oct 2015)
Detached
- The average price is around £167,521 median price is £160,000 Standard Deviation is £81,972 with Total Sold: 325
- The Last 5 Year average price is £270,220 with Total Sold: 51
- The most recent sale happened at this postcode is , 16 BISHOPS GATE: £330,000 (Sold on 30 May 2024)
- The first recorded sale happened at this postcode is , 33 NEW MEADOW CLOSE: £63,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£110,250		4
2023	£117,062	£2,130	8
2022	£116,675	£2,248	10
2021	£105,297	£2,058	16
2020	£89,222	£1,780	9
2019	£84,208	£1,890	12
2018	£96,864	£1,621	11
2017	£87,325	£1,741	12
2016	£79,389	£1,525	9
2015	£76,629	£1,529	19
2014	£78,328	£1,589	9
2013	£70,545	£1,289	11
2012	£67,614	£1,346	11
2011	£65,143	£1,155	7
2010	£62,625	£1,387	8
2009	£67,100	£1,164	5
2008	£89,250	£1,927	10
2007	£93,876	£2,006	21
2006	£86,773	£1,674	26
2005	£70,950	£1,534	25
2004	£66,637	£1,561	19
2003	£54,040	£1,271	24
2002	£49,337	£1,085	27
2001	£35,216	£813	16
2000	£38,042	£759	25
1999	£30,719	£727	18
1998	£30,764	£582	11
1997	£33,996	£710	24
1996	£33,096	£694	13
1995	£30,808	£686	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,821	£2,052	14
2023	£239,234	£2,859	31
2022	£244,921	£2,988	38
2021	£210,745	£2,583	39
2020	£213,046	£2,509	31
2019	£176,674	£2,185	40
2018	£177,024	£2,299	40
2017	£170,286	£2,177	44
2016	£144,583	£1,823	44
2015	£140,537	£1,806	36
2014	£135,524	£1,639	33
2013	£114,635	£1,446	34
2012	£126,437	£1,689	26
2011	£118,671	£1,509	26
2010	£114,826	£1,513	27
2009	£126,631	£1,514	18
2008	£155,938	£1,758	15
2007	£140,597	£1,673	44
2006	£140,041	£1,822	53
2005	£118,979	£1,458	57
2004	£120,780	£1,501	42
2003	£105,523	£1,266	47
2002	£86,619	£1,057	50
2001	£73,815	£935	61
2000	£66,203	£840	41
1999	£56,263	£757	45
1998	£56,914	£776	58
1997	£54,268	£772	49
1996	£50,593	£601	35
1995	£53,681	£736	27

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,179	£2,608	14
2023	£176,966	£2,509	27
2022	£186,245	£2,598	22
2021	£191,040	£2,415	25
2020	£154,558	£2,393	26
2019	£158,418	£1,984	25
2018	£144,936	£2,020	32
2017	£160,625	£1,911	18
2016	£137,761	£1,863	19
2015	£119,222	£1,524	27
2014	£117,769	£1,583	27
2013	£110,970	£1,415	20
2012	£103,450	£2,067	10
2011	£120,086	£1,549	11
2010	£92,188	£1,284	12
2009	£94,857	£1,310	15
2008	£123,173	£1,448	13
2007	£118,792	£1,623	33
2006	£121,633	£1,557	44
2005	£115,706	£1,454	25
2004	£105,663	£1,475	30
2003	£93,904	£1,214	40
2002	£73,474	£1,016	38
2001	£57,917	£878	33
2000	£53,242	£756	36
1999	£57,046	£768	39
1998	£55,377	£727	52
1997	£49,920	£667	46
1996	£47,221	£607	28
1995	£52,075	£663	23

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£382,948		3
2023	£137,500		2
2022	£85,000		1
2021	£63,620	£657	5
2020	£232,212	£2,013	4
2019	£125,283	£1,815	3
2018	£185,413	£2,686	5
2017	£61,912	£535	4
2016	£142,250	£1,686	2
2015	£450,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£322,125	£3,261	4
2023	£283,750	£3,340	4
2022	£289,111	£3,539	9
2021	£261,569	£2,994	18
2020	£244,400	£2,558	5
2019	£256,859	£2,727	11
2018	£242,192	£2,605	13
2017	£248,000	£2,210	10
2016	£194,494	£2,146	9
2015	£193,903	£2,057	16
2014	£189,567	£2,071	9
2013	£162,250	£1,824	8
2012	£161,750	£1,969	6
2011	£191,495	£1,963	11
2010	£154,325	£1,420	10
2009	£153,679	£1,617	7
2008	£164,992	£1,426	6
2007	£202,130	£1,856	15
2006	£157,350	£2,107	5
2005	£192,364	£1,810	11
2004	£180,236	£1,854	14
2003	£147,495	£1,739	10
2002	£115,892	£1,281	12
2001	£109,556	£1,317	8
2000	£100,029	£1,081	14
1999	£88,397	£973	17
1998	£90,505	£939	38
1997	£84,411	£820	14
1996	£67,857	£738	7
1995	£73,112	£781	4

House Type in B31 3XU area

The most common house types in the B31 3XU postcode area are Semi-detached (89), Detached (18), and Flat (14).

Total	125
Semi-detached	89
Detached	18
Flat	14
Shared house	4
Terraced	0
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 outright (61), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	30
Social rented: Rents from council or Local Authority	21
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B31 3XU have 2 people in household (49), and 1 person in household (45).

2 people in household	49
1 person in household	45
3 people in household	18
5 people in household	8
4 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0