Housing Market Analysis for RICHARDS CLOSE, B31 4TE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £48,000 median price is £48,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 RICHARDS CLOSE: £48,000 (Sold on 06 Jul 1999)
    • The first recorded sale happened at this postcode is 3 RICHARDS CLOSE: £48,000 (Sold on 06 Jul 1999)
  • Terraced
    • The average price is around £54,950 median price is £54,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 RICHARDS CLOSE: £54,950 (Sold on 21 Aug 1997)
    • The first recorded sale happened at this postcode is 2 RICHARDS CLOSE: £54,950 (Sold on 21 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 4TE 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
1999£48,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£54,9501

All the Sales in the RICHARDS CLOSE, B31 4TE

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

AddressSold DatePrice% Change
3 RICHARDS CLOSESemi-Detached, Freehold06 Jul 1999£48,000First Sale
2 RICHARDS CLOSETerraced, Freehold21 Aug 1997£54,950First Sale

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

RICHARDS CLOSE, B31 4TE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £108,481 median price is £110,000 Standard Deviation is £50,789 with Total Sold: 663
    • The Last 5 Year average price is £175,206 with Total Sold: 135
    • 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 £119,503 median price is £117,000 Standard Deviation is £62,552 with Total Sold: 666
    • The Last 5 Year average price is £202,192 with Total Sold: 134
    • 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 , 86 EDENHURST ROAD: £35,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £217,854 median price is £182,975 Standard Deviation is £113,324 with Total Sold: 28
    • The Last 5 Year average price is £287,308 with Total Sold: 13
    • The most recent sale happened at this postcode is , 135 NUTHURST ROAD: £174,000 (Sold on 23 Apr 2024)
    • The first recorded sale happened at this postcode is , 11 HERONFIELD DRIVE: £50,000 (Sold on 30 Sep 1996)
  • Other
    • The average price is around £237,639 median price is £157,000 Standard Deviation is £202,275 with Total Sold: 9
    • The Last 5 Year average price is £161,167 with Total Sold: 6
    • 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 , 15 LONGMEADOW GROVE: £11,750 (Sold on 20 Nov 2017)
  • Flat
    • The average price is around £72,419 median price is £67,000 Standard Deviation is £40,109 with Total Sold: 26
    • The Last 5 Year average price is £107,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , 94 NUTHURST ROAD: £90,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is , 46 LANNACOMBE ROAD: £28,000 (Sold on 18 May 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,100 £2,454 10
2023£188,624 £2,694 23
2022£196,548 £2,858 20
2021£175,040 £2,261 29
2020£169,767 £2,295 23
2019£152,392 £2,174 30
2018£146,843 £2,067 27
2017£128,502 £1,802 29
2016£123,866 £1,784 19
2015£119,792 £1,713 24
2014£116,598 £1,631 23
2013£110,698 £1,542 21
2012£110,050 £1,551 20
2011£106,667 £1,645 9
2010£94,718 £1,407 11
2009£99,083 £1,492 18
2008£102,479 £1,643 14
2007£114,184 £1,618 32
2006£103,736 £1,472 34
2005£104,045 £1,500 21
2004£96,950 £1,383 19
2003£86,128 £1,146 34
2002£69,514 £984 29
2001£57,913 £879 26
2000£47,641 £652 17
1999£46,642 £647 26
1998£46,965 £675 24
1997£45,168 £615 15
1996£40,155 £571 14
1995£39,794 £576 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,639 £3,409 9
2023£247,542 £3,051 18
2022£209,882 £2,700 19
2021£210,750 £2,642 30
2020£182,408 £2,345 25
2019£180,659 £2,358 33
2018£171,998 £2,081 21
2017£151,850 £2,004 20
2016£143,471 £1,847 21
2015£134,615 £1,702 17
2014£142,195 £1,701 10
2013£135,563 £1,561 15
2012£103,682 £1,350 11
2011£118,929 £1,473 14
2010£103,300 £1,374 13
2009£123,340 £1,568 15
2008£117,944 £1,541 28
2007£130,107 £1,619 30
2006£130,956 £1,631 31
2005£111,556 £1,579 26
2004£112,778 £1,524 24
2003£95,485 £1,167 24
2002£74,977 £1,038 36
2001£64,356 £838 33
2000£59,464 £762 31
1999£55,220 £690 27
1998£46,616 £597 18
1997£46,043 £611 23
1996£44,623 £606 22
1995£40,443 £504 22
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,000 £2,500 3
2023£337,250 £3,496 2
2022£140,000 £2,154 1
2021£379,375 £2,815 4
2020£271,500 £3,140 2
2019£341,000 £2,706 1
2018£282,500 £2,316 1
2017£174,950 £2,397 1
2015£150,333 £1,511 3
2014£264,975 £1,530 2
2007£139,000 £1,878 1
2006£180,500 £3,684 2
2004£148,500 £2,652 1
2001£81,0001
2000£99,0001
1996£49,000 £893 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£217,500 £3,317 2
2021£150,000 £2,830 1
2020£127,333 £2,084 3
2018£580,000 £5,043 2
2017£11,7501
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£90,0001
2022£155,000 £2,279 2
2020£102,500 £1,763 2
2019£72,500 £1,505 2
2018£80,000 £1,710 1
2017£123,750 £1,993 2
2016£69,000 £1,532 1
2014£54,950 £1,169 1
2010£55,000 £1,176 1
2007£72,5001
2006£40,0002
2005£70,000 £1,497 1
2004£52,475 £957 2
2003£55,0001
2002£76,000 £1,152 1
2000£30,500 £622 1
1999£27,0001
1998£36,833 £709 3

House Type in B31 4TE area

The most common house types in the B31 4TE postcode area are Semi-detached (92), Terraced (33), and Detached (2).

Total127
Semi-detached92
Terraced33
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 outright (52), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright52
Owned: Owns with a mortgage or loan52
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B31 4TE have 2 people in household (39), and 3 people in household (34).

2 people in household39
3 people in household34
1 person in household33
4 people in household12
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0