Housing Market Analysis for SOMERSET DRIVE, B31 4RA

Are you looking to understand B31 4RA 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 4RA area, explore the B31 4RA Area information page.
For comprehensive crime statistics in the B31 4RA area, explore the B31 4RA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B31 4RA postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £123,841 median price is £136,250 Standard Deviation is £48,985 with Total Sold: 16
    • The Last 5 Year average price is £235,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 SOMERSET DRIVE: £235,000 (Sold on 09 Nov 2020)
    • The first recorded sale happened at this postcode is 16 SOMERSET DRIVE: £59,000 (Sold on 16 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 4RA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£235,000 £3,219 1
2016£148,250 £2,179 2
2015£164,500 £2,091 3
2013£146,000 £1,364 1
2009£148,000 £1,566 1
2005£136,000 £1,863 1
2001£90,000 £1,018 2
2000£94,9501
1999£68,000 £747 1
1998£65,500 £771 1
1996£59,000 £808 2

All the Sales in the SOMERSET DRIVE, B31 4RA

See the table below for more details on the sold house prices in the B31 4RA, Birmingham postcode.

AddressSold DatePrice% Change
16 SOMERSET DRIVESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-196609 Nov 2020£235,00046.88%
08 Jan 2016£160,00017.65%
23 Jun 2005£136,000130.51%
20 Sep 1996£59,0000.0
16 Aug 1996£59,000First Sale
17 SOMERSET DRIVESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1950-196615 Aug 2016£136,500First Sale
12 SOMERSET DRIVESemi-Detached, FreeholdArea: 94.48 Sq.mtrAge: 1950-196628 Aug 2015£169,00014.19%
23 Jun 2009£148,00071.10%
11 May 2001£86,50032.06%
17 Jul 1998£65,500First Sale
18 SOMERSET DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-196626 Aug 2015£174,000First Sale
15 SOMERSET DRIVESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1950-196610 Jul 2015£150,500First Sale
14 SOMERSET DRIVESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-196612 Dec 2013£146,000First Sale
8 SOMERSET DRIVESemi-Detached, Freehold03 Dec 2001£93,500First Sale
19 SOMERSET DRIVESemi-Detached, Leasehold21 Jan 2000£94,950First Sale
9 SOMERSET DRIVESemi-Detached, LeaseholdArea: 91 Sq.mtrAge: 1967-197522 Mar 1999£68,000First Sale

Check out the sold house prices near the B31 4RA postcode. Properties currently for saleProperties currently for rent

SOMERSET DRIVE, B31 4RA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B31 4RA 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 4RA postcode.

  • Terraced
    • The average price is around £110,110 median price is £110,000 Standard Deviation is £52,779 with Total Sold: 995
    • The Last 5 Year average price is £180,608 with Total Sold: 204
    • The most recent sale happened at this postcode is , 104 NUTHURST ROAD: £222,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 45 GRAYSWOOD ROAD: £44,500 (Sold on 25 Feb 1995)
  • Semi-Detached
    • The average price is around £114,810 median price is £111,000 Standard Deviation is £59,185 with Total Sold: 1,296
    • The Last 5 Year average price is £194,207 with Total Sold: 242
    • The most recent sale happened at this postcode is , 253 NUTHURST ROAD: £225,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 29 COOMBES LANE: £50,500 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £200,404 median price is £189,975 Standard Deviation is £84,818 with Total Sold: 62
    • The Last 5 Year average price is £273,125 with Total Sold: 16
    • The most recent sale happened at this postcode is , 58 GROVELEY LANE: £262,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 187 LONGBRIDGE LANE: £78,000 (Sold on 15 Jan 1996)
  • Flat
    • The average price is around £75,244 median price is £76,000 Standard Deviation is £33,570 with Total Sold: 154
    • The Last 5 Year average price is £108,295 with Total Sold: 39
    • The most recent sale happened at this postcode is , 82 BURNSIDE WAY: £135,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 68 BURNSIDE WAY: £31,250 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £170,761 median price is £148,500 Standard Deviation is £147,062 with Total Sold: 28
    • The Last 5 Year average price is £146,139 with Total Sold: 13
    • The most recent sale happened at this postcode is , 331 GROVELEY LANE: £345,000 (Sold on 15 May 2023)
    • The first recorded sale happened at this postcode is , 230 LONGBRIDGE LANE: £235,200 (Sold on 07 May 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£184,636 £2,454 11
2023£196,238 £2,699 33
2022£191,749 £2,733 34
2021£194,690 £2,530 50
2020£165,917 £2,392 30
2019£154,473 £2,089 46
2018£149,899 £2,117 37
2017£130,896 £1,810 41
2016£123,047 £1,708 31
2015£116,784 £1,667 37
2014£114,328 £1,588 32
2013£112,598 £1,568 36
2012£109,160 £1,527 25
2011£102,498 £1,460 23
2010£99,208 £1,489 18
2009£95,860 £1,400 25
2008£101,612 £1,538 25
2007£112,177 £1,659 50
2006£106,212 £1,522 47
2005£104,524 £1,441 31
2004£96,588 £1,388 34
2003£88,127 £1,188 44
2002£72,374 £986 43
2001£59,732 £857 40
2000£46,156 £598 25
1999£45,951 £643 37
1998£46,916 £674 38
1997£43,599 £548 25
1996£40,151 £580 20
1995£41,193 £551 27
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,983 £3,383 15
2023£235,269 £3,021 26
2022£199,324 £2,813 34
2021£204,445 £2,665 65
2020£172,694 £2,272 48
2019£171,963 £2,291 54
2018£159,712 £2,084 52
2017£148,755 £2,075 41
2016£136,976 £1,837 38
2015£129,132 £1,764 30
2014£120,347 £1,560 32
2013£125,803 £1,513 29
2012£107,102 £1,433 27
2011£110,500 £1,432 30
2010£102,628 £1,368 20
2009£121,366 £1,455 29
2008£120,592 £1,544 42
2007£124,974 £1,701 57
2006£123,733 £1,640 58
2005£112,671 £1,539 58
2004£107,361 £1,503 60
2003£91,403 £1,137 50
2002£76,555 £1,057 62
2001£63,578 £829 57
2000£57,656 £763 56
1999£55,506 £694 55
1998£47,487 £653 40
1997£43,363 £596 45
1996£44,236 £615 45
1995£39,737 £533 41
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,250 £2,500 4
2023£275,000 £3,526 2
2022£140,000 £2,154 1
2021£379,375 £2,815 4
2020£259,333 £3,111 3
2019£301,750 £2,812 2
2018£251,250 £2,686 2
2017£210,642 £2,863 6
2016£233,000 £2,589 1
2015£178,857 £1,798 7
2014£219,983 £1,666 3
2013£193,580 £2,094 5
2012£207,150 £2,059 9
2007£139,000 £1,878 1
2006£180,500 £3,684 2
2004£148,500 £2,652 1
2002£93,500 £1,493 2
2001£76,000 £1,060 2
2000£99,0001
1996£56,250 £808 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0001
2023£99,214 £1,780 7
2022£131,571 £2,132 7
2021£100,786 £1,784 7
2020£109,423 £1,808 13
2019£86,250 £1,673 4
2018£93,200 £1,715 5
2017£96,000 £1,719 5
2016£83,062 £1,511 8
2015£70,000 £1,414 2
2014£57,814 £1,105 7
2013£69,750 £1,254 2
2012£97,420 £1,408 5
2011£74,375 £1,087 4
2010£71,238 £1,029 4
2009£71,000 £1,064 2
2008£79,333 £1,415 3
2007£100,000 £1,506 4
2006£70,571 £1,395 7
2005£82,650 £1,556 6
2004£67,279 £1,332 7
2003£52,500 £1,004 3
2002£54,688 £789 8
2001£38,367 £683 6
2000£41,825 £673 6
1999£32,875 £611 4
1998£34,179 £649 7
1997£34,750 £604 2
1996£29,708 £505 6
1995£32,125 £576 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£217,500 £3,317 2
2021£275,000 £2,830 2
2020£105,214 £2,124 7
2019£89,150 £1,724 2
2018£244,569 £2,223 8
2017£130,8752
2016£135,167 £1,672 3
2014£128,850 £2,520 2

House Type in B31 4RA area

The most common house types in the B31 4RA postcode area are Semi-detached (81), Terraced (41), and Detached (13).

Total135
Semi-detached81
Terraced41
Detached13
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 outright (64), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright64
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority6
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B31 4RA have 2 people in household (45), and 1 person in household (39).

2 people in household45
1 person in household39
3 people in household28
4 people in household19
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0