Housing Market Analysis for OUT WOOD DRIVE, B31 5BP

Are you looking to understand B31 5BP 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 5BP area, explore the B31 5BP Area information page.
For comprehensive crime statistics in the B31 5BP area, explore the B31 5BP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B31 5BP postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £82,833 median price is £63,500 Standard Deviation is £28,409 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 OUT WOOD DRIVE: £123,000 (Sold on 11 Sep 2015)
    • The first recorded sale happened at this postcode is 5 OUT WOOD DRIVE: £63,500 (Sold on 15 Dec 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 5BP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£123,000 £1,597 1
2010£62,000 £740 1
2006£63,500 £690 1

All the Sales in the OUT WOOD DRIVE, B31 5BP

See the table below for more details on the sold house prices in the B31 5BP, Birmingham postcode.

AddressSold DatePrice% Change
3 OUT WOOD DRIVETerraced, LeaseholdArea: 77 Sq.mtrAge: 1996-200211 Sep 2015£123,000First Sale
5 OUT WOOD DRIVETerraced, LeaseholdArea: 83.81 Sq.mtrAge: 1996-200223 Apr 2010£62,000-2.36%
15 Dec 2006£63,500First Sale

Check out the sold house prices near the B31 5BP postcode. Properties currently for saleProperties currently for rent

OUT WOOD DRIVE, B31 5BP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B31 5BP 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 5BP postcode.

  • Semi-Detached
    • The average price is around £132,472 median price is £131,250 Standard Deviation is £64,925 with Total Sold: 916
    • The Last 5 Year average price is £217,325 with Total Sold: 165
    • The most recent sale happened at this postcode is , 104 FARREN ROAD: £270,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 83 JOSIAH ROAD: £37,000 (Sold on 01 Jan 1995)
  • Terraced
    • The average price is around £118,271 median price is £119,950 Standard Deviation is £52,002 with Total Sold: 946
    • The Last 5 Year average price is £184,496 with Total Sold: 133
    • The most recent sale happened at this postcode is , 69 LONG SAW DRIVE: £290,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 280 THE ROUNDABOUT: £42,000 (Sold on 03 May 1995)
  • Detached
    • The average price is around £199,585 median price is £191,975 Standard Deviation is £65,534 with Total Sold: 238
    • The Last 5 Year average price is £292,052 with Total Sold: 28
    • The most recent sale happened at this postcode is , 3 DRUMLIN WALK: £295,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 1373 BRISTOL ROAD SOUTH: £55,000 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £863,289 median price is £178,000 Standard Deviation is £1,557,798 with Total Sold: 14
    • The Last 5 Year average price is £1,328,867 with Total Sold: 6
    • The most recent sale happened at this postcode is , 1401 BRISTOL ROAD SOUTH: £275,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , 1401 BRISTOL ROAD SOUTH: £135,000 (Sold on 09 Mar 2015)
  • Flat
    • The average price is around £96,636 median price is £99,950 Standard Deviation is £22,689 with Total Sold: 120
    • The Last 5 Year average price is £124,941 with Total Sold: 17
    • The most recent sale happened at this postcode is , 18 ELM DRIVE: £127,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 1, 338A TESSALL LANE: £33,000 (Sold on 15 Oct 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,545 £2,965 11
2023£243,776 £2,941 29
2022£221,814 £2,624 37
2021£208,862 £2,561 38
2020£199,500 £2,475 18
2019£205,073 £2,397 32
2018£196,226 £2,224 33
2017£175,711 £2,127 30
2016£156,287 £1,890 37
2015£151,763 £1,833 34
2014£150,020 £1,744 32
2013£160,288 £1,672 17
2012£135,097 £1,590 23
2011£129,433 £1,681 16
2010£127,482 £1,513 22
2009£131,109 £1,520 23
2008£140,000 £1,607 18
2007£134,761 £1,547 35
2006£146,972 £1,780 44
2005£123,497 £1,584 28
2004£119,638 £1,517 37
2003£122,990 £1,413 31
2002£86,544 £1,146 45
2001£74,724 £934 37
2000£66,115 £875 49
1999£62,723 £836 55
1998£57,014 £738 33
1997£56,123 £615 32
1996£45,094 £513 16
1995£46,850 £554 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,967 £2,349 15
2023£198,655 £2,442 17
2022£212,288 £2,680 25
2021£174,948 £2,313 27
2020£163,012 £2,086 16
2019£159,163 £2,028 33
2018£158,697 £2,084 25
2017£159,730 £1,864 30
2016£136,293 £1,871 38
2015£127,051 £1,735 36
2014£129,868 £1,591 19
2013£134,303 £1,666 18
2012£127,867 £1,475 17
2011£121,399 £1,524 15
2010£107,076 £1,532 17
2009£117,674 £1,283 17
2008£133,592 £1,748 20
2007£132,885 £1,695 36
2006£133,188 £1,682 53
2005£123,922 £1,748 49
2004£127,222 £1,647 40
2003£123,052 £1,400 83
2002£96,161 £1,095 64
2001£73,420 £983 38
2000£67,831 £952 28
1999£58,745 £884 80
1998£55,955 £913 55
1997£49,538 £648 13
1996£44,492 £555 13
1995£44,633 £485 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,667 £3,563 3
2023£358,875 £3,328 4
2022£279,250 £3,500 4
2021£282,306 £2,617 8
2020£309,300 £2,658 5
2019£266,250 £2,749 4
2018£267,250 £2,531 8
2017£220,790 £2,393 5
2016£229,733 £2,222 6
2015£232,115 £2,112 13
2014£228,642 £2,108 7
2013£206,333 £1,948 3
2012£181,284 £1,824 14
2011£159,664 £1,804 6
2010£194,667 £2,056 3
2009£187,375 £1,987 4
2008£226,500 £2,348 4
2007£234,000 £2,122 8
2006£217,136 £1,992 7
2005£238,071 £2,181 7
2004£206,226 £1,939 29
2003£192,919 £1,823 16
2002£152,395 £1,454 30
2001£140,881 £1,267 24
2000£92,000 £963 2
1999£110,858 £1,083 12
1995£69,000 £796 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0001
2022£1,600,0001
2021£208,600 £706 2
2020£5,500,0001
2019£181,000 £2,291 1
2018£31,450 £273 1
2017£133,467 £2,167 3
2016£98,000 £1,902 2
2015£1,742,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,000 £2,228 2
2023£135,375 £2,331 4
2022£128,667 £2,302 3
2021£115,500 £2,053 4
2020£110,000 £1,930 1
2019£120,167 £2,089 3
2018£100,992 £1,754 6
2016£93,600 £1,668 5
2015£77,000 £1,305 3
2014£90,750 £1,614 2
2013£76,562 £1,407 8
2012£73,500 £1,285 3
2011£89,000 £1,548 1
2010£51,000 £879 1
2008£100,000 £1,818 1
2007£111,667 £1,683 3
2006£111,740 £1,945 10
2005£105,600 £1,784 5
2004£105,258 £1,863 13
2003£93,817 £1,742 23
2002£84,123 £1,560 15
2000£37,500 £614 2
1999£36,500 £664 1
1997£33,0001

House Type in B31 5BP area

The most common house types in the B31 5BP postcode area are Terraced (108), Semi-detached (64), and Flat (30).

Total226
Terraced108
Semi-detached64
Flat30
Detached22
Shared house2
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 (62), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan62
Owned: Owns outright48
Social rented: Other social rented43
Private rented: Private landlord or letting agency33
Social rented: Rents from council or Local Authority23
Shared ownership: Shared ownership12
Private rented: Other private rented3
Lives rent free2
Does not apply0

Number of People in a Household

The most houses in the B31 5BP have 1 person in household (68), and 2 people in household (63).

1 person in household68
2 people in household63
3 people in household46
4 people in household28
5 people in household12
6 people in household4
7 people in household3
0 people in household0
8 or more people in household0